NEWS

Minority Leader exposes Osei Kyei-Mensah-Bonsu in Agyapa deal

The Minority in Parliament, has dropped more missiles on the scandalous Agyapa royalties deal, including revelations that members of the Majority side in Parliament, had condoned an illegality by approving a transaction on behalf of Ghanaians, under a law which President Akufo-Addo, has not assented. Haruna Iddrisu, faulted his colleague on the Majority side; Osei Kyei-Mensah Bonsu, who is also ...

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E/R: Foreigners given 14 day-ultimatum to regularize trade

Thirty-Nine (39) out of 40 retail shops owned by foreigners in Koforidua visited by the Technical sub committee on the Committee on Foreign Retail Trade were found not to have the necessary documents to do business in Ghana Owners of the shops have been issued a 14-day ultimatum to regularize their documents with the appropriate regulatory bodies or risk being ...

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State enterprises to list on Ghana Stock Exchange – Asamoah Boateng

Plans have been developed to enlist some State-owned Enterprises (SOEs) under the State Interests and Governance Authority (SIGA) on the Ghana Stock Exchange (GSE) to afford Ghanaians the opportunity to own shares in these institutions, Director-General of SIGA, Stephen Asamoah Boateng has said. According to Mr Asamoah Boateng, the move is intended to create wealth for all Ghanaians. Mr Asamoah ...

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Ex-Venture Capital CEO, others begin refunding money to state

The three former officials of the Venture Capital Trust Fund who were convicted have started refunding money to the state per the arrangement with the court in order to avoid jail terms. Former CEO Daniel Duku was asked to refund over 15 million cedis. Irene Anti Mensah, Executive Assistant to the CEO, Frank Aboagye Mensah husband to the executive assistant ...

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The Normalisation Committee feels vindicated after CAS Verdict-Naa Odoforley

Member of the normalization committee Naa Odoforley Nortey says the Normalization Committee (NC) has been vindicated, following the decision of the Court of Arbitration for Sports to dismiss the petition of Wilfred Osei Kwaku popularly known as ‘Palmer’. The Tema youth owner had appealed against the decision of the GFA Normalization Committee that barred him from contesting in the 2019 ...

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TechGulf Board appoints Franklin Asare as CEO

TechGulf, a technology company based in San Francisco, CA, and Accra, Ghana, with a mandate to provide stable and secure data storage hardware and services across Africa, announced today that its Board has appointed Franklin Asare as Chief Executive Officer, effective immediately. Mr Asare will manage TechGulf’s continental operations and lead global technology partner product sales and services. In his ...

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Involved Yourself in any political party of your choice to figh for development in sefwi —- Chief

Nana Elluo payin lll the chief of Sefwi Nsuonsua has called on the youth in Sefwi enclave especially the eligible voters to join any political denomination of their choice so that, they can emerged with the top leaders in politics for development of Sefwi, mostly the youth are afraid to Join politics simply because of political brutalities across the globe. ...

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Performance of Ghanaian Stocks – August 2020

The market continues to leave investors frustrated as stocks were down 18.19% YTD from the start of the year to the end of August. Financial stocks were down 16.15% over the same period. Below are how stocks performed for the month of August and for the year as a whole.   Equity August Performance YTD Intravenous Infusions (IIL) 25% 0% ...

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COVID-19: We’ve not received any stimulus package from govt – Hotels Association

The Ghana Hotel Association says it has not received the promised stimulus package from government in the wake of COVID-19. According to President of the Association, Edward Ackah Nyameke, hotels in the country are struggling and will not be in the position to handle the influx of numbers following the reopening of the Kotoko International Aiport. “As we speak, I ...

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Why lie to cover up an animalistic behaviour? – Nii Lante Vanderpuye questions Bannerman

Member of Parliament for Odododiodoo constituency, Edwin Nii Lante Vanderpuye has questioned why his main opponent, Nii Lante Bannerman lied to cover up his animalistic behaviour after he was allegedly attacked by some NPP supporters. In an interview, the aspiring NPP Member of Parliament said, “From what I gather there are these boys who have converted from the NDC to ...

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