Recent Posts

BoG Governor Chairs World Bank

  By:brightwebtv.com/nana asare barimah   At the 2019 Annual Meetings Plenary of the International Monetary Fund (IMF) and the World Bank Group held on Friday, October 18, 2019, Ghana was selected as the in-coming 2020 Chair of the Board of Governors of the Bretton Woods institutions. The Chairmanship is selected …

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Kasapreko loses about $2m to closure of Nigeria-Benin border

  by;brightwebtv/nana asare barimah Ghana’s largest local beverage manufacturer, Kasapreko, has so far lost about $2 million in revenue to the closure of the Nigerian-Benin Border, the Head of International Business Development for the company has said. According to Francis Holly Adzah, even though the beverage firm “managed to send …

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Communications Ministry issues directive for 9% tax increment

  By;brightweb Mrs Ursula Owusu-Ekuful, Communications Minister The Communications Ministry has issued directives for the implementation of the 9% communication tax increment. According to the Ministry, the increment is from the existing 6% to 9% and was expected to take effect from September 4, 2019. A statement signed by the …

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Kayayei increase charges

  by;brightwebtv/nana asare barimah   Head potters, popularly called ‘kayaayei’, have increased their charges for the services they offer. According to the lady porters, the increase has become necessary due to recent increment in fares and utility tariffs in the country. They explained that though they did not have specific …

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A/R; GUTA THREATENS TO HIT STREET WITH MASSIVE DEMOSTRATION

By:brightwebtv.com/nana asare barimah     The Ghana Union of Traders Association (GUTA) in the Ashanti region have Threatened to stage a Massive Demonstration against the government over foreigners infitreting local business in the country. According to the group government has been urged to make a definite pronouncement that will quell …

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A/R; GUTA THREATENS TO HIT STREET WITH MASSIVE DEMOSTRATION

By:brightwebtv.com/nana asare barimah     Government has been urged to make a definite pronouncement that will quell the rising tension between Ghanaian Traders and their foreign counterparts, particularly those from neighbouring Nigeria in the retail trade arena. The Ghana Union of Traders Association (GUTA) in the Ashanti region, are Threatened …

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Don’t attack Nigerian traders – Gov’t to GUTA

  by;brightwebtv/nana asare barimah The government of Ghana has cautioned members of the Ghana Union Traders Association (GUTA) to desist from attacking foreign nationals engaged in various forms of trading in Ghana. The government has also announced its intention to update Ghanaians on the measures being taken to address re-emerging …

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Audio: Plastic materials cannot be banned completely – Prof Frimpong-Boateng

  By;brightwebtv/nana asare barimah Minister of Environment, Science, Technology and Innovation, Professor Kwabena Frimpong-Boateng The Minister of Environment, Science, Technology and Innovation, Professor Kwabena Frimpong-Boateng, says plastics cannot be banned completely in the country. Speaking on Asempa FM’s Ekosi Sen show, Friday, Prof. Frimpong-Boateng said plastic materials can only be banned when …

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Kantanka to produce electric cars by December – CEO

  By;brightwebtv/nana asare barimah Chief Executive Officer, Kwadwo Safo Kantanka Junior Indigenous car maker Kantanka says it is poised to manufacture electric cars before the end of this year. Chief Executive Officer (CEO), Kwadwo Safo Kantanka Junior, says the move is to further prove to Ghanaians and the world that …

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Government increases cocoa price by 8.42 per cent

By:brightwebtv.com/nana asare barimah JOSEPH BOAHEN AIDOO (CEO, COCOBOD) The government has increased the price of cocoa from GH¢7,600.00 to GH¢8,240.00 a tonne and GH¢475.00 to GH¢515.00 a bag, Dr. Gyiele Nurah, a Minister of State at the Ministry of Food and Agriculture (MoFA) announced on Tuesday. That implies 8.42 percentage …

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Electricity tariff up by 5.94%, water 2.22%

By:brightwebtv.com/nana asare barimah The Public Utilities Regulatory Commission (PURC) has announced an upward adjustment of electricity and water tariffs. Electricity is up by 5.94%, while water is up by 2.22%. The increases take effect from October 1, 2019. A statement issued by the PURC, Monday explained that the increases were …

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You need GHS20m to run MoMo firm – BoG

by;brightwebtv/nana asare barimah   The Bank of Ghana (BoG) has announced GHS20 million as the minimum capital required for operating a mobile money company in the country. The directive comes on the back of the enactment of the Payment Systems and Services Act, 2019 (Act 987), to provide the legal …

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Over 100 Vodafone staff asked to go home

  By;brightwebtv/nana asare barimah File photo Scores of workers of Vodafone Ghana have been asked to go home in a sudden redundancy operation by the telecom company, Starr News has learnt. Affected staff were informed of the move and given their redundancy packages on Thursday. It is believed close to …

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Government, MiDA knew PDS was financially weak – ACEP

by;brightwebtv/nana asare barimah File photo D   The Africa Centre for Energy Policy (ACEP) has said both the government of Ghana and the Millennium Development Authority (MiDA) were very much aware Power Distribution Services (PDS) was financially incapable of taking over assets of the Electricity Company of Ghana (ECG). ACEP …

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Govt audits mining sector

by;brightwebtv/nana asare barimah Mining in Ghana The government of Ghana is currently carrying out a technical and financial audit of the operations of the mining industry, Kwaku Asomah-Cheremeh, Minister of Lands and Natural Resources, has said. Mr Asomah-Cheremeh said at a press conference in Accra on Wednesday, 11 September 2019 …

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Dep. Agric. Minister pledges support for visually impaired farmers

  By;brightwebtv/nana asare barimah The Deputy Minister for Agriculture, George Oduro, has pledged support for the visually impaired family at Assin Larteh in the Central region who has defied all odds to engage in agriculture. Mr Oduro’s pledge follows an appeal by the father of the family, Mr Lartey for …

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Transport fares up by 10%

By;brightwebtv.com/nana asare barimah Transport fares are up by 10% The Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) have announced a 10% increase in transportation fares effective Monday, September 16, 2019. A joint statement, signed by the National Chairman of GPRTU, Kwame Kuma and …

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Fire guts Abossey Okai spare parts hub

By:brightwebtv.com/nana asare barimah Fire has gutted parts of spare parts dealers’ hub in Abbosey Okai in the capital city, Accra. An initial assessment by officials of the National Disaster Management Organisation (NADMO) faulted the burning of worn-out tyres close to the shops as the cause of the outbreak, JoyNews Fostina Sarfo …

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PDS fiasco: Govt perpetuated high level deception – Alex Mould

  By;brightwebtv/nana asare barimah A former Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC) and energy expert, Mr. Alex Mould has accused government of complicity in the Power Distribution Services (PDS) deal. In a statement reacting to the report released by FTI Consulting, a United States-based consulting …

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Petroleum prices increased as OMCs apply revised energy sector levies

  By:brightwebtv.com/nana asare barimah Prices of the various petroleum products have started going up from Monday after the various Oil Marketing Companies (OMCs) were directed by the National Petroleum Authority (NPA) to start applying revised Energy Sector Levies. The NPA’s directive is as announced in the Supplementary Budget presented by the …

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Daily Minimum wage increased to GH¢11.82

By:brightwebtv.com/nana asare barimah     The National Tripartite Committee (NTC) has announced that effective January 1, 2020 the National Daily Minimum Wage (NDMW) in Ghana has increased to GH¢11.82. It is an 11 per cent increase from GH¢10.65 figure for 2019. According to the Minister of Employment and Labour Relations, …

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  By:brightwebtv.com/nana asare barimah      The National Tripartite Committee (NTC) has announced that effective January 1, 2020 the National Daily Minimum Wage (NDMW) in Ghana has increased to GH¢11.82. It is an 11 per cent increase from GH¢10.65 figure for 2019. According to the Minister of Employment and Labour Relations, …

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Akufo-Addo names Edwin Provencal as new BOST CEO

  By;brightwebtv/nana asare barimah Mr. Edwin Provencal is currently the Technical Director to the Energy Minister, John Peter Amewu. President Nana Akufo-Addo has nominated Mr. Edwin Provencal as (the new ) Chief Executive Officer (CEO) for the Bulk Oil and Transport (BOST) company limited. If confirmed by the Management Board …

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