The Ghana Electrical Contractors Association (GECA) has expressed a firm conviction that the Electricity Company of Ghana (ECG) does not need a special upward tariff adjustment to resolve its challenges especially with forex losses. The power distribution company, ECG is seeking a 34% increment on the current tariff. Key among the reasons given for the […] The post ECG
Fidelity Bank Ghana LTD has responded to claims that it sold dollars to the Electricity Company of Ghana (ECG) at rates different from the ones announced by the Bank of Ghana. The company in a statement insisted that the allegation “is false and misleading, and we have not had any FX deal with ECG at […] The post Fidelity Bank Ghana responds to allegations of
FBNBank Ghana says it is working with the Bank of Ghana to identify and address issues that led to the suspension of its forex trading license by the apex bank. The Bank of Ghana announced on Monday the suspension of the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana […] The post We’re working with
The Cybersecurity Authority (CSA) has revealed that approximately 1,400 individuals and businesses in Ghana have secured accreditation since the implementation of the cybersecurity regulatory regime in March 2023. In a statement released on February 20, 2024, CSA indicated that, as of February 19, 2024, a total of 1,383 Cybersecurity Professionals (CPs), 194 Cybersecurity Service Providers […] The post Over
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
The Member of Parliament for the Builsa South constituency, Dr. Clement Apaak, says the National Democratic Congress’ decision to cancel the teacher licensure exam should the party emerge victorious in the 2024 polls remains unchanged. According to him, the NDC is of the view that the exam can’t be used as the optimal method for […] The post NDC’s
The National Teaching Council (NTC) has clarified that it has not made any changes to the results of the Teacher Licensure Examination. This clarification comes in response to an announcement suggesting possible alterations from fail to pass in the examination results. In a statement, the NTC emphasized that it “has not made any changes to […] The post Teacher
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
Out of the 20,181 teachers who sat for the 2023 Ghana Teacher Licensure Examination (GTLE) 2&3, a significant number of 9,556 – over 30% – have failed to meet the pass mark. According to the National Teaching Council (NTC) the results will officially be released on Thursday, December 21, 2023. A statement from the National […] The post Over 9,000 teachers fail 2023 licensure
The Kumasi Traditional Council, presided over by the Asantehene Otumfuo Osei Tutu II, has sought clarity from the Education Minister, Dr. Yaw Osei Adutwum, on the conduct of teacher licensure exams, which became the centre of recent controversy. This occurred during an Ashanti Regional House of Chiefs meeting in Kumasi, where the sector minister was […] The post Education
The Kumasi Traditional Council, presided over by the Asantehene Otumfuo Osei Tutu II, has sought clarity from the Education Minister, Dr. Yaw Osei Adutwum, on the conduct of teacher licensure exams, which became the centre of recent controversy. This occurred during an Ashanti Regional House of Chiefs meeting in Kumasi, where the sector minister was […] The post Education
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