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Monthly Archives: February 2019

Afenyo-Markin teases Kofi-Buah over NDC Vice Presidential slot

Mr Afenyo-Markin, the Member of Parliament for the Efutu Constituency, in the Central Region has suggested for consideration, Mr Emmanuel Armah-Kofi Buah, MP for Ellembelle as the running mate for the NDC in the 2020 polls. He made the suggestion, in a point of order as Mr Buah was contributing to a motion moved by Mr Kojo Oppong Nkrumah, Minister …

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BoG justifies dollar support levels for banks

The Bank of Ghana (BoG) has justified the amount of dollars it releases onto the market to support operations of commercial banks in the country. This follows concerns that the limited amount of dollar cash being released onto the market has contributed to the cedis’ fast rate of depreciation over the past weeks. Concerns by some commercial banks and currency …

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BoG issues list of licensed banks in Ghana

The Bank of Ghana (BoG) has issued a list of licensed banks in Ghana as of January 2019. The list includes 23 commercial banks and four representative banks that are based outside the country. The BoG in accordance with Section 28 (1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930), revised upward the minimum paid-up capital for …

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Tamale Teaching Hospital gets governing body

An 11- member governing body for the Tamale Teaching Hospital has been inaugurated. The members of the board include Mr. Mahmoud Hamid(Chairman), Dr. David Zawumya Kolbilla, Prof. Francis A. Abantanga, Mr. George A. Atampugre, Dr. Abass Adam, Mrs. Dangnikuu Evelyn-Eda. Others are Mr. Kuuri Karim, Pham. Hamid Abdulai, Nana Agyei Mensah, Justice Eric Baah and Clara Tia Sulemana. The facility …

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Ghana police invites opposition chief over ‘political kidnapping’ tape

Chairman of Ghana’s largest opposition party, the National Democratic Congress, NDC; has been invited by the police over a leaked tape that has dominated news headlines in the West African country. On the said tape, Samuel Ofosu-Ampofo is allegedly heard talking about how the party was planning to use a series of politically motivated kidnappings ahead of polls planned for …

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Akufo-Addo upset over cedi depreciation

President Nana Addo Dankwa Akufo-Addo has expressed displeasure about the fallen cedi and has assured that his government is doing all within its reach to arrest the situation. Addressing a ceremony held at the Tema Heavy Industrial Area, Kpone, to commission the Fujian Sentuo Ceramic Tile Factory, President Akufo-Addo, said he is aware of the anxiety there is in business …

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Full video: Anas releases expose´ on Galamsey

Ace investigative Journalist Anas Aremeyaw Anas is out with another expose´ barely five weeks after one of his partners was assassinated, damning his detractors that he will not be silenced. The documentary centered on one of President Akufo-Addo’s priorities in his administration i.e the fight against illegal mining widely known as Galamsey reveals the involvement of government officials circumventing measures …

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Review Port expansion project – TUC

The Trades Union Congress (TUC) has raised am alarm over the possible lay-off of workers at the Ghana Ports and Harbours Authority (GPHA) following the contract between government and Meridian Port Services (MPS). According to the TUC, if government did not review the port expansion project agreement, 1,400 workers are likely to lose their jobs. This was contained in a …

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UK to increase investments in Ghana

The United Kingdom (UK) has stated it will be increasing her existing investment in Ghana. The UK’s Minister of State for Africa, Harriet Baldwin who made the call said her country will also ensure greater economic harmonization between the two countries. She was speaking at the second UK-Ghana Business Council (UKGBC) meetings held at the Lancaster House in London today. …

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100,000 housing units coming – Freda Prempeh

A memorandum of Understanding signifying the commencement of a 100,000 Housing units project has been signed. The deal is between Sidre EPCM Yatirim Tourism A.S, a Turkish Company and HS Kodana Company Limited, a construction company. The deal has the support of the Government of Ghana. Over the next four years, the 100,000 units are to be built at Ojobi, …

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