Author Archives: Jonas Nyabor

New cryptocurrency to be operational in Ghana


Block chain based digital currencies based on cryptography have become increasingly popular worldwide, despite their inherent problems. Finally, a new crypto currency that offers both price stability and merchant sales capabilities is arriving in Ghana. Since Digicash, and then PayPal were introduced in the late 1990’s, digital money has become part of the world’s lexicon. However, it was the introduction ...

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Over 200 investors interested in rail sector dev’t

File photo

More than 200 local and foreign investors have expressed interest in supporting the country develop its rail industry. This is according to a deputy Railways Development Minister, Kwaku Agyenim Boateng. He said the government will resort to what it calls “multiple financing approaches” to achieve its goal of revamping the rail sector. In June this year, the government announced that ...

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Wenchi to be transformed into business hub – MCE

Dr Prince Kwakye Afriyie

The Municipal Chief Executive (MCE) for Wenchi, Dr Prince Kwakye Afriyie has said he is taking steps to transform the municipality into a business hub and is therefore prioritizing the construction and rehabilitation of major roads in the area to facilitate movement of goods. He emphasized that the government was creating the enabling environment for both  businesses to thrive and ...

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1% VAT funding for Free SHS ‘misplaced’ – IMANI

Franklin Cudjoe, President of IMANI Africa

Policy think tank, IMANI Africa has described as misplaced, a suggestion by the Institute of Economic Affair (IEA) for the government to increase the 17.5 percent VAT by 1 percent to fund the Free SHS program. It said any increase in VAT will put undue pressure on Ghanaians. Many have given their suggestions as to how government can raise funds ...

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Assembly initiates move to increase IGF


The Asutifi North District Assembly in the Brong Ahafo Region has expressed its determination to increase its internally generated funds through effective revenue collection. The assembly also says it is retraining its revenue collectors to enable to effectively carry out their duties. The District Chief Executive (DCE) Anthony Mensah made these disclosures in an address to Assembly members, Head of ...

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Court orders release of detained Indian businessman


A High Court in Accra has ordered for the immediate release of the Indian Business man Ashok Kumar Sivaram who was arrested upon returning to the country following an order by the court quashing his deportation by the interior minister. According to the court presided over by Justice Ackah Boafo the detention of the Ashok was unlawful and undermines the ...

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Ghana faces no known terror threats – Gov’t

Mustapha Hamid

The government has discounted suggestions that the country faces imminent threats of terrorism. This comes after some members of the public expressed anxiety over security alerts and notices shared by some Embassies and High Commissions in the country. The Canadian Embassy in its security alert to its citizens visiting Ghana said that, “there is a threat of terrorism. Terrorist targets ...

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USAID to fund reading project in 800 communities


United States Agency for International Development (USAID) has announced direct grants to 800 communities to help implement innovative local solutions that encourage reading. The 800 communities will be selected from the Greater Accra, Ashanti, Western, Volta and the Northern regions. United States Ambassador to Ghana, Mr. Robert P. Jackson made this announcement during the launch of USAID’s Partnership for Education ...

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Bawumia leaves Ghana for Iran


The Vice President, Dr Mahamamudu Bawumia has left Accra for a three-day official visit to the Islamic Republic of Iran. Dr. Bawumia is going to that country to attend the inauguration of Dr Hassan Rouhani, President of the Islamic Republic of Iran, who has been re-elected for his second term in office. Whilst there, Bawumia will explore areas for further cooperation ...

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Facebook promises new fake news measures


Facebook is to step up its efforts to fight fake news by sending more suspected hoax stories to fact-checkers and publishing their findings online. It follows mounting criticism of the social media firm for not doing enough to root out fake news on its platform. It has also just launched a new feature in four countries that will publish alternative ...

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