NEWS

NAB blows GHC5m without approval – AG report

The National Accreditation Board has been cited in the latest Auditor General Report for financial irregularities exceeding 5 Million Cedis. In 2014 the NAB used 4.6 Million Cedis of its internally generated funds without approval from the Finance Ministry. It also spent over 700 Thousand Cedis to pay allowances to its board and committee members contrary to the approved rates. ...

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9 illegal hotels shut down by Ghana Tourism Authority

The Ghana Tourism Authority in the Eastern region on Tuesday, August 15, 2017 commenced an exercise to shut down unapproved Guest Houses and hotels in the region. Some 9 guest houses and hotels in Adwaso, Aburi, Manpong, Abiriw, Akropong – Akuapem and Adukrom all on the Akuapem Ridge were shut down 11 more within the region are expected to be ...

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Kwesi Pratt explains how Capital Bank took him to court

The Bank of Ghana announced the revocation of the licenses of UT Bank and Capital Bank, following the inability of the two banks to turn around their negative capital adequacy position which has lingered on for some time now. Speaking to the issue on Tuesday’s edition of Peace FM morning show, ‘Kokrokoo’, the Managing Editor of the Insight newspaper, Kwesi ...

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Council of State backs creation of new regions

The Council of State has backed the creation of new regions by the Akufo-Addo government. The creation of three new regions out of existing ones featured prominently in the campaign of the then presidential candidate of the NPP in the run-up to the 2016 general election. Last week, the President told Chiefs in the Western region that all is set ...

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India applauds Akufo-Addo’s people-centered policies

India’s Minister of State for External Affairs, M.J. Akbar, has applauded the policies and programmes being implemented by the Akufo-Addo government. Describing Akufo-Addo as “a father of democracy in Africa”, Mr. Akhbar indicated that the government and people of India celebrate the ongoing contributions made by President Akufo-Addo to Ghana’s development. “We celebrate also the fact that your programmes and ...

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NAGRAT opposes teacher licensing exams

The National Association of Graduate Teachers (NAGRAT) has kicked against the decision for teachers to write special examination before being granted the license to teach. According to Vice President, Angel Kabonu, the move is an imposition on teachers who have gone through professional training. The National Teachers Council (NTC) of the Ministry of Education announced that teachers will now have ...

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Staff of UT, Capital banks to undergo skills assessment test

Staff of collapsed banks – UT and Capital Banks – are to undergo a skills assessment test by new owners GCB bank as it prepares to lay off workers of the two banks. The operations of the two struggling indigenous banks were taken over by GCB bank Monday following the approval of the Bank of Ghana. Addressing the press Tuesday, ...

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Hot Audio: I’m not greedy; I’m creative – Jospong

Executive Chairman of the Jospong Group of Companies, Joseph Siaw Agyepong, has warded off suggestions that greed drives his business interests. Joseph Siaw Agyepong owns over 40 companies including the country’s largest waste management company, Zoomlion Ghana Limited; SUBAH Infosolutions; the Road Safety Management Services Limited, which has been awarded the mandatory vehicle towing contract. The controversial business mogul in ...

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Tema: Akufo-Addo lays foundation stone for new cement factory

President Nana Addo Dankwa Akufo-Addo on Tuesday, August 15, 2017, cut the sod for the construction of a new cement grinding factory, at the Tema Freezones enclave. Congratulating the Board, Management and Staff of CBI Ghana, and their partner, Lafarge-Holcim, for taking the decision to invest in Ghana, President Akufo-Addo noted that laying the foundation stone for the cement grinding ...

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