The Year-on-year inflation rate for July stood at 9.0 per cent compared to 7.8 per cent in June, the Government Statistician Professor Samuel Kobina Annim said on Wednesday. Speaking at a press briefing in Accra, Prof Annim said food, housing and transport were the dominant drivers for the higher rate of inflation in July 2021. … The post Ghana inflation rate for
The Bank of Ghana is partnering with Giesecke+Devrient (G+D) to pilot a general purpose Central Bank Digital Currency (retail CBDC). G+D will provide the technology and developing the solution adapted to Ghana’s requirements, which will be tested in a trial phase with banks, payment service providers, merchants, consumers and other relevant stakeholders. To this end, … The post Bank
The National Insurance Commission (NIC) in a joint operation with the Ghana Police Service has arrested a Lebanese man, Gabriel Medawar for operating an unlicensed insurance brokering firm contrary to section 109 of the Insurance Act 2021 (Act 1061). The illegal company operating under the business name, Harmonia Insurance Group, carried out its operations in … The post Man
The University Teachers Association of Ghana (UTAG), on Tuesday, said it would not be able to honour the National Labour Commission’s (NLC) invitation, due to the pending court process. The Association referred to a letter of response dated August 6, 2021 from the NLC on UTAG’s decision to withdraw teaching and related activities. In the … The post UTAG
The Ghana Shippers Authority (GSA) says demurrage payment is preventable and that shippers and owners of containers must expedite the clearance process of cargo from the ports to jump the demurrage drain. Mr Fred Asiedu Dartey, GSA Head of Freight and Logistics said by convention, once a container arrived at the port, owners had seven … The post Demurrage
President Nana Addo Dankwa Akufo-Addo Tuesday commissioned the $16 million Weddi Africa Tomato Processing Factory at Domfete, in the Berekum West District of the Bono Region. The Government, through Ghana Exim Bank and ADB Bank Ghana, facilitated the acquisition of the loan facility to support the establishment and operations of the factory, which is functioning … The post President
About 40 percent of start-up businesses in Ghana do not make profit at all, Mr. Sheriff Ghali, Chief Executive Officer of the Ghana Chamber of Young Entrepreneurs, has noted. Majority of them also lack access to finance, market, infrastructural and innovation support, as well as the skills development required to sustain these entities, he stated.f … The post About
The Anglican Diocese of Accra at the first session of the 24th Diocesan Synod held at the Saint Joseph Anglican Church in Kaneshie announced the creation of a new diocese in Tema. The carving out of the Tema Diocese has become necessary due to the growing numbers of Parishes in the sprawling cosmopolitan city of … The post Tema Anglican Diocese to be carved out of
Professor Olivia Kwapong, Dean, School of Continuing and Distance Education, College of Education, University of Ghana, has called on Ghanaians to champion the fight against corruption at all levels to build a better nation. She made the call at the opening of the 2021 Annual Internal Audit Conference on the theme; “Sustaining Internal Control, Risk … The post Prof
The Motor Transport and Traffic Department (MTTD) of the Ghana Police Service has started that the number of private vehicles involved in road crashes in the Tema Region is on the rise. Accident data for the first half of the year indicates that out of a total of 637 road crashes 445 were private vehicles. … The post Private vehicles involved in road crashes
President Nana Addo Dankwa Akufo-Addo on Tuesday reminded Ghanaians to continue adhering to the COVID-19 protocols, as his government ensures majority of the populace are vaccinated against the virus. He said at least about 20 million Ghanaians would be vaccinated by the close of the year to prevent the spread of the disease. President Akufo-Addo … The post President
Government is supporting the Ghana Revenue Authority in implementing a transformation agenda to block the huge leakages in key sectors of the economy, Mr Ken Ofori-Atta, the Minister of Finance, has said. The agenda, the Minister said, was not just about mobilizing more revenue but equally about mobilizing efficiency through technology and integrated data systems. … The post Finance
Sarfo Ansah, a member of the Men’s 4*100m Ghana relay team has stated that, to excel as an athlete, one does not necessarily need infrastructure but the determination and zeal to succeed. Team Ghana qualified for the finals of the 4*100m relay after finishing fifth in the semi-finals ahead of favourites, United States of America … The post You
Professor Peter Twumasi, the Director-General of the National Sports Authority (NSA) has commended the performance of the 14 athletes that participated at the just ended 2020 Olympic Games in Tokyo, Japan. Ghana won one medal in boxing, courtesy Samuel Takyi to break Ghana’s 29 years medal drought at the Olympic Games. The NSA Director, together … The post We
The police in Bolgatanga, the Upper East Regional capital has shot and killed 30-year- old Stephen Atia, a suspected armed robber. Assistant Superintendent of Police (ASP) David Fianko-Okyere, the Regional Police Public Affairs Officer, who disclosed this to the Ghana News Agency in an interview, said the victim was pronounced dead at the Regional Hospital … The post Police
Mr Kwaku Agyemen-Manu, the Minister of Health, has formally requested Sheikh Ahmed Dalmood Al Maktoum, to refund GH¢16,331,640, paid to him for the supply of 300,000 doses of the Sputnik V coronavirus vaccine. The Minister’s action is in line with recommendations of the Parliamentary Ad hoc Committee, that the amount be retrieved from Sheikh Ahmed … The post Minister
The Asante Gold Corporation has officially been introduced to the Sefwi Anhwiaso Traditional Council in the Bibiani-Anhwiaso-Bekwai Municipality as the new management head of the Mensin Gold Bibiani Limited in Western North Region. The move was finalized after Asante Gold, a Canadian gold developer agreed to assume control of the Bibiani Gold Mine for a … The post Asante
An Accra High (Commercial) Court has fined Sam -J Specialist Hospital in Accra GH¢326,456 for medical negligence that led to the paralysis of a baby in the right arm. The amount includes; the award of general damages of GH¢200,000 and a cost of GH¢20,000 against the hospital and its owner, Dr Amoo Mensah, a specialist … The post Court
The Tijjaniya Muslims Movement of Ghana marks the Islamic New Year – August 10th (Arabic: Ra’s as-Sanah al-Hijriyah), also called the Hijri New Year or Arabic New Year, which is the day on which the year count is incremented. The first day of the Islamic year is observed by most Muslims on the first day … The post Tijjaniya Muslims Movement marks Islamic New
Two persons who bribed a National security operative of GH¢40,000 and CFA2,500,000 after their loaded trucks exceeded the axle weighing weight on the Accra-Tema Motorway have appeared before an Accra Circuit Court. The amount was to influence or induce the National Security Officer, to overlook the excess weight of the trucks without subjecting them to … The post Two
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