NEWS

Youth unemployment will be the next pandemic to hit Africa if… – UN Peace Ambassador

The United Nations Peace Ambassador in Ghana, Bishop Samuel Ben Owusu, has expressed worry that youth unemployment is going to be another major catastrophe to hit the African continent if measures are not taken to address the menace. The Senior Pastor at the Pottersville Church and also the Country Director of International Association of World Peace Advocates implored African governments ...

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Taxing MoMo will lead to taxing savings – Ato Forson

The Minority Spokesperson on Finance, Casiel Ato Forson has said a move by the government to tax Mobile Money transaction will mean taxing savings of the people. He explained that people keep money on the mobile money accounts as savinhs. Therefore any attenpt to tax that transcation will targetd at taxing people’s savings. Contrbuting to a debate on the 2022 ...

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NCA, telcos sued over SIM Card re-registration

The National Communications Authority (NCA) and owners of telecommunication services in the country have been dragged to court over the re-registration of SIM cards. In a suit sighted by Starrfm.com.gh, a private legal practitioner Francis Kwarteng Arthur is praying the High Court to stop the collection of personal data of subscribers for the re-registration exercise. Aside seeking an enforcement of ...

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Mobile Banker jailed nine years for stealing Ghc61K from 31 accounts

The Asamankese Circuit Court in Eastern Region has sentenced a 27-year-old mobile banker to nine years -two months imprisonment for stealing Ghc61,840 cash from thirty-one depositors. The convict, 27-year-old Gideon Osei -Bonsu, of Kwaebibirim Rural Bank, Boadua branch was found guilty of all 35 charges against him. The Prosecutor Chief Inspector Susan Ayaric told the court presided by His Honour ...

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Economist, Investment Banker Sam Ankrah to deliver address on Ghana’s economy Nov. 30

Renowned economist, Investment Banker and global business strategist Dr. Sam Ankrah is set to deliver an address on Ghana’s economy on Tuesday November 30,2021. The address by Dr Ankrah, who is also the president of the African Investment Group (AIG), is expected to delve into critical economic areas including measures in stabilizing the economy, revenue mobilization and maximization as well ...

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Krobo group kicks against introduction of prepaid meters

A group calling itself United Krobo Foundation is demonstrating against plans by the Electricity Company of Ghana (ECG) to introduce prepaid meters in Somanya and its environs. According to the group, prepaid meters cannot be accepted in the area while there is unresolved impasse over billing. Convener of the group, Nathan Boryou, told the media that ECG must scrap all ...

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Golden Star gets Ghana approval for Chifeng acquisition

Golden Star Resources Ltd. has announced that the Ghanaian Ministry of Lands and Natural Resources has informed Chifeng Jilong Gold Mining Co., Ltd. that it has no objection to Chifeng becoming the controller of Golden Star (Wassa) Limited via Chifeng’s subsidiary, Chijin International (Hong Kong) Limited and/or its assignee. GSWL is Golden Star’s 90%-owned subsidiary that holds the mineral rights ...

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BoG raises policy rate to 14.5 per cent

The Monetary Policy Committee (MPR) of the Bank of Ghana has increased its policy rate by 100 basis points from 13.5 per cent to 14.5 per cent, citing inflationary pressures. “Inflationary pressures are becoming embedded in most advanced and emerging market economies with potential implications for the current supportive financing conditions driving the recovery,” the Bank of Ghana said in ...

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Atuabo shutdown: There’s enough gas to avoid dumsor – Ghana Gas

The Ghana National Gas Company Limited (GNGCL) has said it will not shy away from routine engineering and maintenance of machines and equipment at its Gas Processing Station at Atuabo in the Western Region. The Company insist that engineering and maintenance works are only to guarantee the integrity of its processing plant and will continue to do so in accordance ...

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Danish Prime Minister visits Ghana tomorrow

The Prime Minister of Denmark Mrs. Mette Frederiksen pays an official visit to Ghana tomorrow Wednesday, 24 and Thursday 25 November to mark 60 years of diplomatic relations between Denmark and Ghana. She will be received by President Nana Addo Dankwa Akufo-Addo and the Minister for Sanitation and Water Resources, Madam Cecilia Abena Dapaah. The Prime Minister will be accompanied ...

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