NEWS

W/R: 75 students test positive for COVID-19

The Ghana Health Service has revealed that seventy-five senior high school students have tested positive for COVID-19 in the Western region since schools reopened. Addressing the media in the region on the theme “Continuing Quality Health Service Delivery Amid COVID-19 Pandemic Challenges”, the Director for Health Services, Naa Dr Jacob Mahama disclosed that the affected students were drawn from thirteen ...

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DTT impasse: Akufo-Addo directs Ursula to suspend directive to GBC

President Akufo-Addo has directed Communications Minister Ursula Owusu-Ekufful to suspend her directive to the Ghana Broadcasting Corporation to shut down three of its Digital Terrestrial Television (DTT) channels. The Presidential directive gave no explanation for the decision.   It comes hours after the National Media Commission described the action by the ministry as an attempt to stampede the constitutional mandate ...

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Stan Chart announces €78m UKEF deal with govt for Eastern regional hospital

Standard Chartered has announced the completion of an agreement for a EUR 78 million UKEF (UK Export Finance) support financing to the Ministry of Finance, for the purpose of designing, constructing and equipping the new Eastern Regional Hospital at Koforidua in Ghana. The transaction provides significant contribution to the Government’s commitment for major investments in healthcare infrastructure and aligns with ...

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Collapse of Agongo’s Heritage Bank painful – Kweku Baako

The collapse of Heritage Bank by the Bank of Ghana was “painful”, Editor-in-Chief of the New Crusading Guide newspaper, Abdul-Malik Kweku Baako, has said. The bank had Mr Seidu Agongo as its majority shareholder. Similarly, Kweku Baako expressed qualms about the central bank’s collapse of uniBank and GN Bank, which, respectively belonged to the former Governor of the Bank of ...

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Fulani herdsmen engage in cutlass fight; 4 brutally wounded

Four Fulani herdsmen are seriously injured in a bizarre cutlass fight at Akateng a Community near Asesewa in the Eastern Region. A misunderstanding ensued among the herdsmen on Wednesday July 22, 2020 leading to a fight with the herdsmen attacking themselves with cutlasses. Four victims identified as Omaru Ali, 25, Bello Aliu, 24, Omaru Ali, 25, and Mohamadu Moro, 28 ...

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BoG’s collapse of Duffuor’s uniBank, Nduom’s GN Bank ‘not right’ – Kweku Baako

The Editor-in-Chief of the New Crusading Guide newspaper, Abdul-Malik Kweku Baako Jnr, has said the Bank of Ghana’s handling of uniBank, which belonged to former Finance Minister Dr Kwabena Duffuor and GN Bank, which belonged to former presidential candidate Dr Papa Kwesi Nduom, was wrong. Similarly, he expressed misgivings about the central bank’s collapse of Heritage Bank Ghana Limited, which ...

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Mid-year budget: Parliament bars Media, visitors over COVID-19

Ghana’s Parliament has barred media houses from pitching camp in the house of the legislature to broadcast the presentation of the mid-year budget on Thursday. Members of the public are also barred from the house to witness Ken Ofori-Atta’s presentation. The move is a measure to curb the spread of Covid-19. Some MPs, Staff and journalists have tested positive for ...

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Power producers in Ghana could shut plants over US$1.4 billion debt

Ghana’s independent power producers, which produce almost half of the country’s electricity, say they could stop supply over government debt that amounted to US$1.4 billion as of June 30. The debt continues “to accumulate, compelling the IPPs to contract costly loans to sustain their generations,” the Chamber of Independent Power Producers, Distributors and Bulk Consumers said in an emailed statement ...

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Statement: Govt’s GhC2.4bn debt enough to pay Gold Coast, GN Savings customers

The value of the Gold Coast Government Infrastructure Portfolio if paid today, will be enough to pay back all the Gold Coast/BlackShield/GCFM Structured Finance customers’ principal amounts PLUS all GN Bank/Savings deposits. So let’s focus on the SOLUTION and who must act. We must all encourage the government agencies and the present administration to meet their obligations to contractors involved. ...

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