Whatsapp under threat in Africa as MTN outdoors new messaging app with Instagram features

Telecommunications group, MTN has taken its telco services one step further in Africa with the release of an instant messaging mobile app called ‘Ayoba’. The primary function of Ayoba is to send and receive messages. However, it comes with a truckload of additional services that make it a significant rival to popular chat mobile app, […]

Springfield makes history as first local company to drill for hydrocarbons at depths of 4,000ft and beyond

Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, will make history by becoming the first indigenous Ghanaian and African energy company to drill for hydrocarbons in deep water at depths of 4,000ft and beyond. The company begins its first drilling campaign in 2019 and is on course to be the first independent […]

Take or Pay contracts: Govt, IPPs begin 3-month talks to resolve issues

Government has begun collaborative consultations with Independent Power Producers (IPPs) to resolve the take-or-pay obligations crippling Ghana’s energy sector. The three-month engagement, directed by the ministers of energy and finance, will involve direct discussions with each of Ghana’s Independent Power Producers (IPPs) and gas suppliers, among others. At a meeting with stakeholders in Accra yesterday, […]

1D1F: $80m steel factory opens-B5 Plus to provide 10,000 direct and indirect jobs

 The first phase of an $80 million three pre-fabrication manufacturing plant established by B5 Plus Group in Dawhenya in the Greater Accra Region has been inaugurated and has started production. The project, which is under the ‘One District, One Factory’ (1D1F) initiative, will produce various forms of metal and metal-related products for both local and […]

Income inequality increases- from 37% to 43% – Prof. Gyan-Baffour

The Minister for Planning, Professor George Gyan-Baffour, has revealed that income inequality in the country has risen from 37% in 1992 to 43% in 2017. Speaking at a technical review meeting organised by the National Development Planning Commission (NDPC) in Accra yesterday, under the theme ‘Inclusive development and public policy performance: Prospects for child responsiveness […]

BOST MD resigns over contracts

Confirmed reports available to BestNewsGH.com reveals that the Managing Director of the Bulk Oil Storage and Transportation (BOST), Mr George Okley has resigned. BestNewsGH.com sources at the presidency said Mr. Okley tendered in his resignation to the Office of the President on Friday, August 23, 2019. Even though reasons for his resignation remains sketchy, it is […]

 AfCFTA to be hinged on 7 clusters- Trade Minister

The National Programme of Action for the implementation of the African Continental Free Trade Agreement (AfCTA) will be based on seven clusters. The seven clusters which includes trade policy, trade facilitation, productive capacity, trade related infrastructure, trade finance, trade information, and factor market integration will help boost intra-African trade. Speaking at the end of a […]

Closure of three Banks: Salaries of 1,975 public servants withheld-directed to open fresh accounts

Public servants who have been affected by the closure of three banks recently, have been advised by the Controller and Accountant General’s Department (CAGD) to open fresh accounts with banks of their choice so they can receive their salaries. It is estimated that 1,975 public servants on the government payroll accessed their salaries through the […]