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Author Archives: webmaster

Fix weaknesses in banking sector – Nana Addo to BoG

President Nana Akufo-Addo has charged the Bank of Ghana to address the weaknesses in the banking sector. According to him, such moves will prevent any adverse spillover effect on the economy. Speaking at the 60th anniversary lecture organized by the Bank of Ghana in Accra on Friday, Akufo-Addo said: “a weak banking system undermines growth and on and this basis, ...

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GYEEDA report didn’t indict us – Zoomlion boss

The founder and Executive Chairman of the Jospong Group of Companies Joseph Siaw Agyepong has said his company was not cited for any financial malfeasance in the report that exposed the mismanagement and corruption at the Youth Employment and Entrepreneurial Agency (GYEEDA). According to him, the report did not make any adverse findings against Zoomlion. Some companies including Zoomlion Ghana ...

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Pilot of paperless port systems kicks off today

Effective Friday, August 18th 2017, all agencies at the country’s ports will pilot the paperless clearing process ahead of official takeoff next month. The exercise is among others to identify the potential shortfalls and address them for a seamless transaction on September 1, 2017. According to officials, the pilot has become apparent considering the completion of the basic background work. ...

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Amewu didn’t call for dismissal of NDC public servants – Lands Ministry

The Lands and Natural Resources Ministry has dismissed media reports which claimed that the sector minister, John Peter Amewu called for the dismissal of public sector workers who were appointed under the Mahama government. A statement from the Public Relations unit of the ministry described the reports as “untrue.” Mr. Amewu is reported to have said that if he had ...

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Kpando: FDA to intensify education on ‘poisonous fish’

The Food and Drug Authority is investigating the poisonous fish incident in the Kpando Municipality in the Volta Region which led to the death of four persons. The FDA said checks in some markets in that area showed that traders avoided the puffer fish which is believed to have caused the deaths. The affected communities include Alavanyo, Kpando and Tokor. ...

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Banks collapse: BoG’s actions appropriate – Ken Thompson

The Chief Executive Officer (CEO) of Dalex Finance, Ken Thompson is in support of the Bank of Ghana’s (BoG) move to probe and sanction officials whose activities led to the collapse of the UT and Capital Banks. “I think the Bank of Ghana is going about it the right way,” he said to Citi News after the BoG announced a ...

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Don’t label local businesses corrupt – Jospong boss

The Executive Chairman of Jospong Group of Companies, Mr Joseph Siaw Agyepong, has bemoaned the practice where local businesses that are doing business with the government are hunted down and labelled corrupt for no apparent reason. He said it was disheartening for Ghanaians, especially, a section of the media to deliberately attack indigenous companies because they chose to do business ...

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Bawumia never promised not to borrow – Veep’s office

The Minority in Parliament’s claims that Vice President Mahamudu Bawumia promised that a New Patriotic Party (NPP) government would not borrow in office are false. Dr. Bawumia’s office, in a statement, challenged the Deputy Minority Leader, James Klutse Avedzi, to prove his claims the Vice President had made such a statement. “The Office of the Vice President would like to ...

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Zambia defends mandatory HIV test

The Zambian government has defended controversial plans to introduce mandatory HIV testing across all health centres. On Tuesday, President Edgar Lungu announced that testing for the virus that causes Aids, as well as counselling and treatment, will no longer be done on a voluntary basis. The aim is to make Zambia Aids-free by 2030. The move has however divided opinion ...

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Osu Castle deteriorating over poor maintenance culture

The Osu castle, once in an impregnable and invincible seat of power, is a pale shadow of itself. The castle, famed for both the good, bad and ugly tales, earned both notoriety and awe during the heady days of former president Rawlings, then chairman Rawlings, whose reign of terror, caused many to shiver in fear at the mere mention of ...

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