NEWS

The Independent Power Producers (IPPs) have issued a warning that they will cut power supply by June 30 unless the government settles their outstanding debts owed them. The IPPs are demanding payment and have stated that they will shut down their plants if the government fails to initiate payment within the next few days. It has been revealed that the ...

Newmont Corporation has announced that it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru for at least two years as part of its portfolio optimisation strategy. The decision is aimed at maximising returns for shareholders and creating long-term value for other stakeholders. By deferring the project, Newmont can prioritize other opportunities that provide value and ...

Ministers of Education and Information, Dr Yaw Osei Adutwum and Kojo Oppong Nkrumah respectively will, in the coming weeks, engage with faculty, education policy shapers, and industry to explore other dimensions of science, technology, engineering and mathematics (STEM). Mr Oppong Nkrumah indicated that so far, the investment made in STEM and the embrace by students is impressive. In a tweet, ...

The Majority Chief Whip, Mr Frank Annoh-Dompreh, is confident about the governing New Patriotic Party (NPP) securing a resounding victory in the upcoming by-election on June 27 in the Assin North constituency of the Central Region. According to Mr Annoh-Dompreh, the seat, previously held by the NPP, will be reclaimed by the party after the election. LEARN AND TRADE FOREX ...

The United Nations Secretary General, António Guterres, recently sounded an ominous alarm bell. The Sustainable Development Goals, which aim to significantly reduce poverty around the world and create a better quality of life for all, are off track, he warned. And so French President Emmanuel Macron called a global conference in Paris this month to address getting the 2030 SDG ...

The second Russia-Africa Summit is scheduled to be held at St Petersburg’s Expo Forum from 27-28 July 2023, with leaders from a majority of African countries expected to attend. The summit aims to strengthen the partnership between Russia and Africa and promote comprehensive cooperation in various sectors, including politics, security, economics, science and technology, and culture. Originally planned to take ...

The President of the Association of Bullion Operators Ghana (ABOG), Alhaji Iddi Sumaila has said that banks in Ghana are expected to start using armoured bullion vans for cash-in-transit from July 1. He however reveals that some of the banks are yet to finalize the agreement with the ABOG to that effect. “By 1st of July we will see banks ...

The Speaker of Parliament Alban Bagbin has vehemently opposed taxes on sanitary pads. He says it is a cardinal sin for Parliament to have allowed a tax to be imposed on sanitary pads. Parliament has been petitioned by some stakeholders for the government to reduce or scrap taxes on sanitary pads. According to the petitioners, most young girls are not ...

High Court Judge Justice Marie Louise Simmons has issued a notice stating that former Ghana Football Association President, Kwasi Nyantakyi, may be discharged if the state fails to present its case. This decision came after Assistant State Attorney Derrick Ackah-Nyamike informed the court that the state is unable to call its first witness at this stage. On May 17, 2023, ...

The country’s oil production has received a major boost with the addition of about 40,000 barrels of oil per day (bopd) from the Greater Jubilee Field. The breakthrough by Tullow Oil Ghana and its partners has now restored production from the Jubilee Field to over 100,000bopd, up from the 85,000bopd being produced from the field for the past three years. ...