Wednesday , 23 January 2019
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Monthly Archives: January 2019

Contractor ready to fix damaged footbridge on N1 highway

The Ghana Highway Authority has stated plans are underway for work to begin on a damaged footbridge near the Nogahill hotel on the George Walker Bush highway. In a statement by the authority, the footbridge was hit by a vehicle on Thursday January 10, 2019, resulting in the displacement of the deck by a few centimetres. But the authority assures …

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NIB qualification for bailout despite 3-year unaudited account questioned

The government has been accused of unfairness in its selection of banks for a bailout after they failed to raise the new GHS400 million minimum capital requirement. According to banking consultant Richmond Atuahene, at least, one of the five banks selected for the GHS2 billion bailout via the Ghana Amalgamated Trust (GAT), does not meet the criteria set by President …

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Ghana discovers biggest oilfield yet

Norwegian oil exploration company, Aker Energy has announced the discovery of what appears to be the biggest oil find in the country’s history to date off the coast of western Ghana. The find has occurred in the oil rich Deepwater Tano area which has already given rise to Ghana’s three oilfields already in production – the Jubilee, TEN, and Sankofa …

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Angry Rawlings wants Menzgold to clear his name from ‘silly’ list

Former President Jerry John Rawlings has vehemently rejected a suspicious list making rounds on social media suggesting he has thousands of cedis stashed with Menzgold Ghana Limited. Brimming with anger, the former president wants his name cleared from the list containing names of past and present politicians allegedly having millions of investments with Menzgold as well as those whose political …

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Menzgold CEO, NAM1 arrested in Dubai

Nana Appiah Mensah, Chief Executive of Menzgold, the self-styled gold dealership at the centre of heated controversy since its collapse in September last year, has been arrested in Dubai. He was detained in Dubai before Christmas. A warrant for his arrest was issued by a circuit court in Accra on 9 January after he failed to pay back monies owed …

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GETFund to start paying arrears owed contractors Friday

The Ghana Educational Trust Fund (GETFund) is to start paying arrears owed contractors who worked on educational infrastructure development throughout the country. Under the payment plan scheduled to start Friday January 11, 2019, closely 700 contractors who are the first batch would be sorted out. Works certificate of those contractors have been verified and ascertained by the office of the …

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Gov’t ‘cannot and will not’ refund Menzgold customers’ monies

The government has reiterated its stance that it “cannot and will not” use taxpayers’ money to pay people who have lost their investments to the embattled gold dealership firm, Menzgold Ghana Limited. According to the government, it has taken note of the recent agitations, demonstrations and media complaints by aggrieved customers after the company failed to honour its contractual obligations. …

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Police exchange gunshots with robbers; stray bullet kills woman

A woman who happened to be on board a taxi caught during a crossfire between police and some suspected armed robbers at Esuekyir near Ankaful in the Central Region has lost her life. She was hit by a stray bullet. Her husband, Aboagye Okyere, 47, who was also on board the taxi, is battling for his life. A schoolgirl, 15, …

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Minority predicts 60% rise in electricity cost as new managers take over ECG

Minority Parliamentarians are asking Ghanaians to brace up for a 60 per cent increase in electricity tariff as a new manager takes over operation of the Electricity Company of Ghana (ECG). Power Distribution Services (PDS) Ghana Limited is set to take over from the first of February this year. Meralco Consortium, which won the bid to take over the operations …

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Use district websites to showcase gov’t projects – Assemblies urged

The Chief Executive Officer (CEO) of Ghanadistricts.com is urging metropolitan, municipal and district assemblies to use the website to promote government projects. Alexander Akwasi Acquah said by creating functional administrative websites for the assemblies, officials can keep the public up to date on all various government programme and policies. “Websites have recently become the most effective medium of providing citizens …

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