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Monthly Archives: February 2020

350% Eurobond over subscription testament to buoyant economy – Ofori-Atta

The over-subscription by five times of the country’s US$ 3 billion Eurobond represents a buoyant economy and huge confidence in Ghana’s medium- to long-term economic growth prospects, especially, given the wider turbulence in the international capital markets due to the ongoing Coronavirus epidemic. According to Finance Minister Ken Ofori-Atta, who led Ghana’s team to the global markets, the lower rates …

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Korle Bu Teaching Hospital launches innovation summit 2020

The Korle Bu Teaching Hospital (KBTH) has launched the maiden edition of the Innovation Summit; a conference which showcases new initiatives by some staff of the hospital to solve patients’ medical problems, powered by robust technology. “Because of limited resources or lack of resources, departments are finding innovative ways to help solve the problems of their patients, and we think …

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All shops and business outlets must have toilet facilities

Mr Mensah Darkey, Director of EDSAM Social Network, a Non-Governmental Organisation (NGO) has called on stakeholders to ensure that shops and small business outlets provide toilet facilities to help reduce open defaecation. He said most shops, retail outlets and small business premises had no toilet facilities, causing workers and clients to resort to less dignified approaches including open defecation. Mr …

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Five critical roads in UWR penciled for construction

Five roads in the Upper West Region have been scheduled for construction this year under the government’s Critical Roads Project. The projects included the 31km Wa-Bulenga-Yala road, the 56km Fian-Issa-Wahabu road, the 41km Wahabu-Funsi-Yala road, the 20km Wechiau-Ga road and the 22km Wa-Han road. When completed, it will open up the Region for massive economic activity, thereby improving the lives …

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Galamsey excavators: Ekow Ewusi was introduced to me by Charles Bissue – Prof. Frimpong Boateng

Minister of Environment, Science, Technology and Innovation, Prof. Kwabena Frimpong Boateng has disclosed how embattled Central Regional Vice-Chairman of the NPP, Horace Ekow Ewusi came into the picture for the fight against illegal mining popularly referred to as galamsey. In an exclusive interview with GhanaWeb, Prof. Frimpong Boateng said, the Chairman of the Inter-Ministerial Committee for Illegal Mining, the then …

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We’re not part of your demo, stop using our logo – PPP warns

The Progressive Peoples Party [PPP] is unhappy with the organizers of the anti-new register, Inter-Party Resistance Against the New Voter’s Register for ‘unlawfully’ using the party’s logo. The party in a statement copied to Peacefmonline.com has strongly warned the group to desist from using its logo in any form of protest now or in future. The group has logos of …

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Payment of public sector promotion related arrears canceled

Payment of public sector promotion related arrears through the issuance of release letters and warrants has ceased forthwith. According to the 2020 Budget Implementation Instructions signed by the Finance Minister, Ken Ofori-Atta, all promotion related arrears will be effected through the payroll. Class Business understands that the policy of net recruitment is, however, still in force for all Municipal and …

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Insurance companies lose GH¢390m to fraudsters

Insurance companies in the country are losing approximately GH¢390 million of gross revenue annually to fraudsters that issue fake insurance stickers to unsuspecting vehicle owners, the Commissioner of Insurance at the National Insurance Commission (NIC), Mr Justice Yaw Ofori, has disclosed. He told the Graphic Business in an exclusive interview that the amount represented insurance premiums that should have been …

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Takoradi-Tarkwa train service active

Dr Michael Adjei Anyetei the Deputy Managing Director of the Ghana Railway Company Limited (GRCL) has assured the public of active passenger services. “Despite the technical hitch recorded when a free passenger train was returning from Tarkwa to Takoradi last Thursday, I want to make it clear that the services are still active,” he said. The passenger train had one …

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Zoomlion may return to court after losing case against Auditor General

Zoomlion Ghana Limited is likely to head to the Court of Appeal after it lost a case against the Auditor General. An Accra High Court dismissed an appeal brought before it by the waste management giant resisting a disallowance and surcharge made against it by the Auditor-General in October 2018. But Zoomlion Ghana Limited in a statement indicated that “will …

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