Category: Top Stories
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Stop withdrawing huge cash, use digital payments to reduce robbery attacks – GhIPSS
Mr. Archie Hesse, the Chief Executive of the Ghana Interbank Payment and Settlement System (GhIPSS), a subsidiary of the Bank of Ghana, is urging businesses and individuals to desist from withdrawing huge sums of money from the bank and rather liaise with their financial institutions or mobile money operators to raise their thresholds to allow…
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Glofert assures of availability of fertilizer despite global challenge with supply
The largest fertilizer blending company in Ghana, Glofert Limited, has assured farmers of the availability of fertilizer for the current crop season and in the year 2022 despite the growing challenge with access to fertilizer across the world. Key stakeholders in the fertilizer value chain in Ghana have predicted a severe shortage of the commodity…
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Yofi Grant re-elected as Regional Director for the Steering Board of WAIPA
The Ghana Investment Promotion Centre (GIPC) represented by its Chief Executive Officer (CEO) Yofi Grant, has been re-elected as the Regional Director (Sub Saharan Africa) for the Steering Board of the World Association of Investment Promotion Agencies (WAIPA). The elections took place during the 25th WAIPA General Assembly and World Investment Conference, which occurred in…
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Bankers’ Association donates bulletproof vests and helmets to Police Service
The Ghana Association of Bankers has handed 1,000 units of bulletproof vests and 1000 units of ballistic helmets to the Ghana Police Service as part of efforts to ensure the protection of police personnel in the country. This move comes in the wake of several attacks on cash-in-transit operations and citizens within the country. The…
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Reversal of COVID related interventions by BoG could slowdown inflation – Economist
Economist with Databank Courage Martey says a gradual withdrawal of the COVID-19 related monetary interventions will help to limit the risk of additional pressure from the demand side of the economy and prevent inflation from becoming persistent. According to him, the raft of measures introduced to contain the impact of the COVID-19 on the Ghanaian…
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Transport fares may go up but not from Monday – GPRTU clarifies
The Ghana Private Road Transport Union (GPRTU) has debunked claims that transportation fares will go up from Monday, October 25, 2021. Leadership of the transport union says it is still in talks with the government to scrap some taxes and levies placed on petroleum products. Speaking on Eyewitness News, General Secretary for GPRTU, Godfred Abulbira Adogma…
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Nana Addo commissions Ghana’s largest bulk electricity point at Pokuase
The President, Nana Addo Dankwa Akufo-Addo, has commissioned the Pokuase Bulk Supply Point, a 330/34.5 kilo-volt substation designed to improve the supply and distribution of electricity for consumers in the northern areas of Accra. Funded by the Millennium Challenge Corporation (MCC) to the tune of US$47 million, the Supply Point, according to the President, is…
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November 1st presents earliest opportunity for removal of PSRL – NPA
The National Petroleum Authority (NPA) says the earliest opportunity for the removal of the Price Stabilisation and Recovery Levies (PRSL) in the price build-up of petrol, diesel and Liquefied Petroleum Gas (LPG) would be the 1st of November. The NPA on the 11th of October announced that President Akufo-Addo had approved the removal of the…
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Energy Ministry debunks NDC’s claims of 7% fuel price hike
The Energy Ministry is debunking claims that fuel prices have increased by 7 percent at the pumps. This comes on the back of comments by the National Democratic Congress on the recent price increases at a press briefing on Monday, October 18, 2021. Fuel prices went up over the weekend after similar increases in previous…
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Chamber of Fertilizer-Ghana calls for probe into alleged fake products in Northern Region
The Chamber of Fertilizer-Ghana has stressed the need for standards of fertilizer production and distribution to be raised and monitored carefully. The chamber made the call following claims by farmers in the Nanumba North Municipality in the Northern region that the authorities sold them bad fertilizer which is negatively impacting their crops. According to the…