A military officer in his late 30s was shot dead in Millennium City during a land dispute, while two other officers narrowly escaped death. The incident occurred near the Millennium City District Police Command at Kasoa in the Central region of Ghana. According to reports, the brother of one of the military officers had purchased […] The post Military officer
LeBron James’ Los Angeles Lakers were knocked out of the NBA play-offs as the Denver Nuggets completed a 4-1 series win in the Western Conference. In the fifth game of the best-of-seven series, defending champions the Nuggets won a tense encounter 108-106. Jamal Murray scored 32 points, including the winner with just 3.6 seconds left […]
President Bola Tinubu has secured a $600m investment from Danish shipping and logistics firm A.P Moller-Maersk, the presidency said on Sunday. The deal is to help in expanding port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, disclosed the decision during a meeting with President Tinubu on […] The post Tinubu
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
By Juliet Aguiar DUGBARTEY Golden Star Wassa Ltd (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold has announced that its Board of Directors have appointed Mr. Carl Georg Baker-Duly as Chief Executive Officer (CEO) of GSWL. Prior to this appointment, Mr. Baker-Duly was appointed by the Executive Committee of Chifeng […] The post Golden
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Ghana Airports Company Limited (GACL) is undertaking comprehensive maintenance of the cooling systems within Terminal 3, KIA. The objective of the exercise is to address condensation problems which cause leakages and also enhance the efficiency of cooling systems in the terminal. The maintenance works, which will be carried out in multiple phases have been scheduled […] The post
The Ghana Airports Company Limited (GACL) has interdicted some staff following a recent cocaine smuggling incident at the Kotoka International Airport (KIA). The decision was contained in a statement Read More... The post Airport Staff Interdicted Over Cocaine
A foreign-owned mining company is reported to have taken over 100 hectares of rehabilitated cocoa farms at Nkawie in the Ashanti region, allegedly without authorisation, denying the farmers access to their farmlands. According to TV3 News, the company, MIGOP Mining Limited, is conducting mining exploration and development activities in five cocoa communities in the Atwima […] The post Ashanti
The Public Relations Officer of the Ghana Cocoa Board (COCBOD), Fiifi Boafo, has stated that cocoa farmers in Ghana receive significant government interventions, unlike their counterparts in Cote d’Ivoire. He also defended the government against claims that cocoa producers were being shortchanged, even though the farmgate price for cocoa had increased by 58%. “The premium […] The post Ghanaian
The Electricity Company of Ghana (ECG) has announced a reduction in power supply to its Mobile Bulk Supply Point in the Tema region, resulting in widespread power outages across various areas. Communities affected by these outages include Afienya, The Quarries, Christian International School, and Otsebreku. Additionally, establishments such as the Ghanaman Soccer Academy, Hot Oven, […] The post ECG
The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama has said that requests from the Ghana Grid Company (GRIDCo) for load management have become an irritation to customers. He explained that the requests have become so frequent that they are now a source of disturbance to customers. This is contained in […] The post GRIDCo’s
The Mines and Energy Committee of Parliament has tasked the Electricity Company of Ghana (ECG) to fast-track processes to ensure that consumers receive a load-shedding timetable in the coming days. At a crunch meeting with stakeholders in the energy sectors in Accra, the Chairman of the Committee, Samuel Atta Akyea, told the media that the […] The post Energy Committee tasks ECG to
Former Director of Public Relations and External Affairs at the Public Utilities Regulatory Commission (PURC), Nana Yaa Jantuah has said that the governing New Patriotic Party (NPP) erratic power supply (Dumsor) that happened under the Mahama administration as a political tool to come into the office. Now, she said, the NPP is faced with the […] The post NPP
The Public Utility Workers Union (PUWU) has waded into the erratic power supply situation (dumsor) in the country, calling on the regulator, the Public Utility Regulatory Commission (PURC), to demand power supply data from the power producers. The union maintained that the power distributor, the Electricity Company of Ghana (ECG), is experiencing less supply of […] The post Erratic
Zoomlion Ghana Ltd., as part of its corporate social responsibility, has made a cheque donation of GHC25,000 to support the treatment of 8-year-old Akua Ankumah. Akua has been diagnosed with Acute Lymphoblastic Leukaemia (ALL) and is currently at the Korle-Bu Teaching Hospital receiving treatment. She needs urgent care for a bone marrow transplant and other […] The post Zoomlion
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […] The post PURC
Coalition of Stakeholders in Electricity Contracts and Arrangements (COSECA), has accused President Akufo-Addo of contributing to the challenges and dysfunction of the power sector. In a statement dated March 26 and signed by its executive secretary, Nana Yaa Akyempim Jantuah, the coalition criticised the president for not adhering to the “laid-down structures” governing the sector. […] The post ‘Akufo-Addo
Officials of the Electricity Company of Ghana in the Ashanti Region have commenced an exercise to inspect all distribution transformers in the Region. The exercise is to help the company know the current state of all transformers to enable it serve customers better. The exercise, which started across all twenty-one (21) districts in the Ashanti […] The post ECG officials
The Energy Minister, Dr. Matthew Opoku Prempeh, has stated that the country is not facing ‘dumsor’ (erratic power supply), indicating that individuals calling for a load-shedding timetable should release it themselves. He said the current power situation is “300 times better” than what was experienced under former President John Mahama in 2015. “If you are […] The post Load-shedding
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