Ghana Cocoa Board may struggle to fully pay back loans of $1.3 billion as this season’s harvest will likely be smaller than first anticipated, according to the head of the industry regulator. The world’s second-biggest grower signed for the loans with lenders such as Credit Agricole SA and Natixis SA prior to the start of the annual harvest in October ...
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GAF: We’re Not Crippled By Fuel Shortage
The Ghana Armed Forces (GAF) has dismissed as false a publication that its operations have been crippled in the last three to four months due to lack of fuel. A statement signed Colonel Aggrey-Quarshie, the Director of Public Relations at GAF stated “the Ghana Armed Forces (GAF) has noted a false publication in the Informer Newspaper of Monday March 12 ...
Read More »‘Insensitive’ Akufo-Addo must move to Flagstaff House – Ofosu Kwakye
A former Deputy Minister of Communication in the Mahama administration, Felix Ofosu Kwakye, has described the compensation package for traders near the president’s private residence ahead of their eviction as woefully inadequate. Describing the development as insensitive, he called on Akufo-Addo to reverse the planned eviction exercise and move to the constitutionally designated Flagstaff House. Speaking on Eyewitness News on ...
Read More »Flagstaff House not safe for Akufo-Addo – Security Analyst
A security analyst with the JatiKay Center for Human Security and Peace Building, Adib Saani has stated that the seat of government, Flagstaff House, is not any better a place that guarantees the safety of the President of the Republic of Ghana than his Nima residence is. The Analyst is recommending the use of Peduase Lodge to keep the President ...
Read More »Buying Helicopters Via Sole Sourcing Recipe For Corruption – NDC MP
The National Democratic Congress (NDC) MP for Ashaiman Ernest Norgbe has cautioned Interior Minister Ambrose Dery against procuring helicopters for the Ghana Police Service through sole sourcing. Mr Dery on the back of recent armed robberies disclosed to Starr News’ Ibrahim Alhassan his outfit is in the process of procuring helicopters and drones to assist the police service in combating ...
Read More »BOST accused of causing financial loss to state in sale of 1.8m barrels of crude
The tussle between the Chamber of Petroleum Consumers (COPEC) and the Bulk Oil Storage and Transportation Company (BOST) has gone a notch higher with the former accusing BOST of causing financial loss to the state. According to COPEC, Ghana lost in excess of 30m cedis in revenue from a transaction BOST had with an unlicensed company. The losses, the Chamber insists, ...
Read More »Update: Seven Goldfields workers arrested after protest turns bloody
Some seven workers of Goldfields mines at Tarkwa in the Western Region have been picked up by the police for participating in a protest Monday morning. The workers were protesting against the management of Goldfields Ghana Limited to lay them off, contrary to the orders of an Accra High Court. The court granted a stay of execution of a decision, ...
Read More »Consuming bush meat does not cause Lassa fever – Dr Opoku Adusei clarifies
The Medical Director of Tema General Hospital, Dr Kwabena Opoku Adusei, has debunked public assertion that consuming bush meat, including rodents, will infect them with Lassa fever, leading to their possible death. According to Dr Opoku Adusei, Lassa fever could only spread or affect people when their foodstuffs were contaminated with faeces and urine of infected rodents. Lassa fever is ...
Read More »Kpandai: 200 Displaced; Rainstorm Damages 30 Houses
A massive rainstorm on Sunday has devastated properties including a nurses’ bungalow at communities in two neighbouring districts in the Northernr region – the Nanumba South and Kpandai – forcing many residents to evacuate from their homes. Communities hard hit include Pudiya in the south where over 200 people were thought to have been affected by the disaster. Nearly 30 ...
Read More »Bank of Ghana drags 30 microfinance companies to EOCO
Bank of Ghana (BoG) has dragged the directors of 30 microfinance companies to the Economic and Organised Crime Office (EOCO) for investigations and prosecution for alleged embezzlement and fraud. The names of the companies are being withheld for security reasons. Among other things, the anti-graft agency will investigate how more than GH¢90 million belonging to depositors was utilised by the ...
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