NEWS

Elizabeth Ohene appointed SSNIT Board Chair

President Nana Addo Dankwa Akufo-Addo has appointed a former Acting Editor of the Daily Graphic, Ms Elizabeth Akua Ohene, as Chairman of the Board of the Social Security and National Insurance Trust (SSNIT). The 13-member SSNIT Board was inaugurated in Accra on Tuesday, 10 August 2021, by the Minister of Finance, Mr Ken Ofori-Atta. Mr Ofori-Atta charged the board to ...

Read More »

Lebanese arrested for operating illegal insurance firm

The National Insurance Commission (NIC) in a joint operation with the Ghana Police Service has arrested a Lebanese, Gabriel Medawar for operating an unlicensed Insurance broking firm contrary to section 109 of the Insurance Act 2021 (Act 1061). The illegal company operating under the business name, Harmonia Insurance Group, carried out its operations in a private building near the West ...

Read More »

AUCC fails to pay GHS4.7m as buyout of Venture Capital Trust Fund’s 30% stake – A-G report

It has emerged that the African University College of Communication Limited (AUCC) failed to make payment on the agreed amount of GHS4.7million as a buyout of Activity Venture Capital Trust Fund’s (AVFC) 30 per cent stake in AUCC, denying the Trust Fund its share of GHS1,410,000.00 (40%) per the agreement on the distribution of returns among the shareholders of Activity ...

Read More »

UCC’s GHS9m locked up in collapsed First Banc, Gold Coast Fund Mgt – A-G report

The University of Cape Coast (UCC) has GHS9, 123, 532.57 locked up with First Banc and Gold Coast Fund Management. The licences of the two companies were revoked by the Securities and Exchange Commission (SEC) in 2019. The locked-up amount was revealed in the Auditor-General’s report on the public accounts of Ghana, public boards, corporations and other statutory institutions for ...

Read More »

Ghana School of Survey and Mapping operating with expired 2015 accreditation – A-G report

The Ghana School of Survey and Mapping (GSSM) has been operating with an expired accreditation since 2015. The school, presently, is running its programmes without accreditation. This disclosure was contained in the Auditor-General’s report on the public accounts of Ghana, public boards, corporations and other statutory institutions for the period ended 31 December 2020. “We noted that Survey and Mapping ...

Read More »

Leadership failure led to litany of strikes in education sector – Ablakwa

The numerous strikes in the education sector can be put down to leadership failure, former deputy education minister Samuel Okudzeto Ablakwa has said. The University Teachers Association of Ghana (UTA), Senior Staff Association Universities of Ghana (SSA-UoG) and the Federation of Universities Senior Staff Association (FUSSAG) declared simultaneous strike actions last week over their conditions of service. SSA-UoG and FUSSAG, ...

Read More »

NDC stops Antwi Bosiako, others from touring Eastern region

The Eastern Regional Secretariat of the opposition National Democratic Congress (NDC) has stopped a group led by the former Eastern Regional Minister Antwi Bosiako Sekyere from embarking on a tour in the region. A statement issued by the Regional Secretary Kudjo Adukpo stated that the regional executives have “become aware of a supposed tour of the region by a group ...

Read More »

SSNIT loses $11m from liquidation of 3 investments – A-G report

The Social Security and National Insurance Trust (SSNIT) according to the Auditor-General’s report on the public accounts of Ghana, public boards, corporations and other statutory institutions for the period ended 31 December 2021 made a total loss of US$11,794,109 from the liquidations of three of its investments with a total cash outlay of US$14,768,153.00. The A-G has urged the management ...

Read More »

E/R: Confusion as Chief stops Okada riders from operating

There is confusion at Akyem Akroso in the Eastern Region after a Chief, Elders, Assembly members, and the Unit community placed a moratorium on commercial motorbike operation in the area, which took effect Tuesday, August 10. The temporal prohibition was agreed upon on Sunday, August 7 by the Akyem Akroso Traditional Council and other stakeholders to bring sanity into the ...

Read More »

VIDEO: Actress Beverly Afaglo’s Tema residence burnt to ashes

Popular Ghanaian actress Beverly Afaglo’s Tema home has been razed down by fire. Per a video she posted on her Instagram page, after the incident on Monday, nothing was left of her home as the Fire Service tried to salvage the situation. The emotional actress quizzed the government as to why the Ghana Fire Service is not well equipped. According ...

Read More »