Motorists have been the greater beneficiaries of the deregulated regime, as Oil Marketing Companies (OMCs) have adopted competitive pricing mechanisms to outwit each other, Patrick Kwame Akpe Akorli, the Managing Director of Ghana Oil Company Limited has stated. In an analytical assessment for the deregulation regime which started on June 16, Mr Akorli told the Ghana News Agency that contrary [...] The post Motorists benefit from deregulation windfall appeared first on The Ghanaian Times.
The import of cheap sub-standard vegetable oils into the country is killing the local oil palm industry, Samuel Awonnea Avaala, President of the Oil Palm Development Association of Ghana (OPDAG) has said. “The imported oils have a significant negative impact on the refining sector and a ripple effect on the value chain, including farmers, and all direct/indirect dependants in the [...] The post ‘Cheap vegetable oils killing oil palm industry’ appeared first on The Ghanaian Times.
Mr Daniel Budu Asiedu, Education Director of Ga West in the Greater Accra Region, has banned caning in schools in the municipality. Briefing the Ghana News Agency in an interview at Amasaman after paying visits to some schools in the area, Mr Budu Asiedu said using the cane as a correctional tool does not help in teaching and learning. He [...] The post Caning banned in Ga West schools appeared first on The Ghanaian Times.
Mr. Kofi Abotsi, the Dean of GIMPA School of Law, on Wednesday noted that the conversion of missionary schools into public entities is bound to fail, since it was not supported by concrete policy initiatives. “The attempt at converting the ownership of schools and transforming them has been largely stillborn with grave consequences for the institutional developments of these schools”. [...] The post Mission schools’ conversion criticised appeared first on The Ghanaian Times.
Chinese prosecutors are accusing 11 officials in the Chinese port of Tianjin of negligence over the deadly blasts that erupted from a chemical warehouse there this month. The huge, fiery explosions killed at least 145 people, according to authorities, and caused severe damage over a wide area. China’s top state prosecution body yesterday identified 11 officials who it said had [...] The post Chinese prosecutors accuse port officials of negligence appeared first on The Ghanaian Times.
A suicide bombing by so-called Islamic State militants in the Iraqi city of Ramadi has killed two army commanders and three other people, officials say. Gen Abdel Rahman Abu Ragheef was deputy commander of operations in the strategically important province of Anbar, while Brig Safeen Abdel Majeed was a divisional commander. Islamic State (IS) controls Ramadi, 100km (60 miles) west [...] The post Car bomb kills two Iraqi generals appeared first on The Ghanaian Times.
ABOUT 100 weak houses at Klefe and Ziavi in the Ho municipality have within the past two weeks been earmarked for demolition by the National Disaster Management Organisation (NADMO). About 300 people within the two communities are likely to be homeless as a result of the exercise, aimed at enforcing health and safety measures in the municipality. Mr. Kwasi Attor, [...] The post 100 houses at Klefe to be demolished appeared first on The Ghanaian Times.
The people of the Abeadze Traditional Area have been advised to comport themselves during this year’s Awoba Kese festival. “Festivals are not only for merry-making and fun, they are used to re-unify the people to their families. Others make friends, establish Links that will benefit the community, take stock of the previous year’s activities, strategize to forge ahead to achieve [...] The post Abeadze urged to promote peace appeared first on The Ghanaian Times.
ALHAJI Maulvi Noor Mohammed Bin Ameer and Missionary In-Charge of the Ahmadiyya Muslim, has called on women to inculcate in their children, good and sound moral principles. He “said mothers are the managers of the home, and this places a huge responsibility on them”, adding that with such a responsibility, they could instil in them the essential elements of truth, [...] The post Muslim women urged to lead children into goodliness appeared first on The Ghanaian Times.
The Full Gospel Businessmen’s Fellowship International, Ghana, has carried out a corporate social responsibility, as part of activities marking its 2015 National Convention. At a ceremony in Accra, the fellowship donated some assorted items to the Children’s Unit of the Accra Psychiatric Hospital. They included diapers, detergents, toilet roll, dental cream and toothbrushes. Mr Sam Mensah, the fellowship’s National Director [...] The post FGBFI donates to Psychiatric Hospital appeared first
China yesterday welcomed the signing of a peace deal aimed at ending the conflict in South Sudan. “This is an important step forward in South Sudan’s peace process,” said Foreign Ministry spokesperson Hua Chunying of the deal signed by South Sudan President Salva Kiir Mayardit on Wednesday in the South Sudanese capital Juba. Under the deal proposed by the Inter-Governmental [...] The post China welcomes South Sudan peace deal appeared first on The Ghanaian Times.
Burkina Faso’s constitutional council has ruled that 42 “confidants” of former President Blaise Compaore were ineligible to contest the October elections, a judicial source said on Wednesday. The individuals, the court ruled, were guilty of having “actively” supported a constitutional amendment to extend Compaore’s 27-year term. Compaore was forced to step down last October amid a mass uprising against his [...] The post Burkina Faso court bars 42 “ex-president’s
Nationwide Affordable Housing Scheme (NAHS) has urged government and private sector employers to provide housing subsidies to Ghanaian employees to ease off the burden of high housing costs. A consortium of real estate developers, independent contractors, project finance institutions and suppliers of building inputs, NAHS is programmed to offer quality and affordable home opportunities to Ghanaians within the low to [...] The post NAHS calls for home ownership subsidy appeared first on The Ghanaian
The Chief Executive Officer and General Secretary of the Ghana Bureau of Ecowas Brown Card Insurance Scheme, Mr. Gabriel Glover, has disclosed that the deadline for member coun-tries of the Ecowas Brown Card Scheme to use the new Secured Brown Card is January, 16, 2016. Explaining the objective of the scheme, Mr. Glover said, “The main objective of the scheme [...] The post ‘Use of ECOWAS Brown Card to start next year’ appeared first on The Ghanaian Times.
The first half financial results of banks in the country showed mixed results with a generally modest performance by most of the banks. However, Ecobank Ghana stood out tall amongst all, buttressing its position as a trailblazer in the market place with its cumulative half year results. The Pan African Bank recorded the highest returns in the industry, growing profit [...] The post Ecobank posts strong half year results appeared first on The Ghanaian Times.
AS part of its $3.1billion debt reduction strategy and to lower interest payments, gold miner AngloGold Ashanti is offering to buy backup to $810 million in the aggregate principal amount of its outstanding 8.5 per cent high-yield bonds, maturing in 2020. The company would use cash on hand, following the $820 million cash sale of the Cripple Creek & Victor [...] The post AGA to make further cuts in $3.1bn debt appeared first on The Ghanaian Times.
The Ghana Banking awards slated for this weekend, will recognise and award banks that are driving the cashless agenda by promoting various electronic payment options. This is to encourage banks to promote payments with cards on Point of Sales (POS) devices, internet banking and cheques among other non-cash forms of payment. Last year, organisers of the banking awards, Corporate Initiative [...] The post Banking awards to recognise most cashless bank appeared first on The Ghanaian Times.
IN the wake of some Ghanaian youths running to join terrorist groups, the National Security has asked Ghanaians to remain calm as it is collaborating with inter-national security agencies to clamp down on potential recruits. It also implored Ghanaians to have confidence in the nation’s security apparatus to deal expressly with the latest development. The National Security Coordinator, Mr. Yaw [...] The post National Security allays fears about ISIS appeared first on The Ghanaian Times.
Detective Corporal Evans Adu of the Airport Police, yesterday told an Accra circuit court that the musician, Ekow Micah, standing trial before an Accra circuit court for possessing narcotic substance told him on his arrest that he uses “wee” to ginger himself up in his music career. “He told me that he uses the substance to ginger himself in his [...] The post Ekow Micah says he uses ‘wee’ to ‘ginger’ himself appeared first on The Ghanaian Times.
Three top officials of the Ministry of Health alleged to have defrauded the state to the tune of GH¢646,000 have been arrested by the Economic and Organised Crime Office (EOCO). The officials, who are alleged to have forged documents, engaged in corrupt procurement processes, and willfully caused financial loss to the state, are facing prosecution at the High Court (Financial [...] The post Three MoH officials busted appeared first on The Ghanaian Times.