Recent Posts

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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BOST MD Mensah Okley quits

    by;brightwebtv/nana asare barimah | Goerge Mensah Okley tendered his resignation on Friday. Managing Director for Bulk Oil Storage and Transport (BOST) Company Limited has resigned. George Mensah Okley is said to have tendered in his resignation to the President on Friday, August 23, Myjoyonline.comcan confirm Reasons for his resignation …

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Sick NAM 1 is DEAD alive – Maurice Ampaw

By:brightwebtv.com/nana asare barimah   The embattled Chief Executive Officer (CEO) of defunct MenzGold, Nana Appiah Mensah alias NAM 1 may not live to refund all monies owned customers due to his deteriorating health condition, according private legal practitioner, Maurice Ampaw. He indicates that the man appears dead spiritually making him …

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(video) Ghanaian Taxi Driver Stabbed to Death In New York

  By:brightwebtv.com/nana asare barimah   A Ghanaian taxi driver has reportedly been stabbed to death in the Bronx after getting into a fight with passengers. The driver, who remains unidentified at this time, had to fight off his passengers who reportedly refused to pay him after he had taken them …

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Collapse of savings and loans companies: Payments to begin within 7 days

  By:brightwebtv.com/nana asare barimah Receiver of the 23 collapsed savings and loans companies and finance house companies, Eric Nana Nipah The Receiver of the 23 collapsed savings and loans companies and finance house companies, Eric Nana Nipah, says he will commence payments to depositors of the affected companies within 7 days. …

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NAM1 goes ill; receiving urgent medical care after press briefing

By:brightwebtv.com/nana asare barimah   Nana Appiah Mensah, Menzgold CEO   Discount on your flight to the US or EuropeBook via this link and receive US$ 50 discount! Embattled Menzglod CEO, Nana Appiah Mensah, popularly known as NAM1, is currently receiving medical care. In an information sighted by YEN.com.gh on Zylofon TV, the …

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Stonebwoy reacts to NAM1’s press confab

  By:brightwebtv.com/nana asare barimah L-R: Stonebwoy and Nana Appiah Mensah Nana Appiah Mensah, the Chief Executive Officer of Menzgold, addressed customers who have their monies locked up in his firm on Monday, August 19, 2019. Commenting on the media encounter to set the records straight, dancehall/reggae artiste, Stonebwoy praised him …

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DETENTION HAS MADE ME LOOK OLDER THAN MY AGE – NAM1

By:brightwebtv.com/nana asare barimah      Advertisement The Chief Executive Officer of Menzgold, Nana Appiah Mensah, popularly known as NAM1, says his detention in Dubai has made him older than his actual age. Describing his detention in Dubai as harrowing, daunting, terrific and horrific experience, he says he now feels refined, although …

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Unfreeze my assets to pay clients – NAM 1 appeals to govt

By:brightwebtv.com/nana asare barimah Nana Appiah Mensah Embattled businessman, Nana Appiah Mensah, popularly known as NAM1, is appealing to the government to unfreeze his assets to enable him pay his debts.   The Chief Executive Officer of the defunct gold dealership firm, Menzgold is standing trial for defrauding by false pretence …

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PRESIDENT AKUFO-ADDO PRESENTS EQUIPMENT TO WULENSI AGRIC MECHANISATION CENTRE.

By:brightwebtv.com/nana asare barimah     The President of the Republic, Nana Addo Dankwa Akufo-Addo, has presented agricultural equipment to the Agricultural Mechanisation Centre at Wulensi, in the Northern Region. The equipment, comprising tractors, power tillers, harvesters, ploughs, amongst others, were presented by the President on Friday, 16th August 2019, as …

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BoG closes down Midland, First Allied, GN and others

By:brightwebtv.com:nana asare barimah      Bank of Ghana has closed down 23 Savings and Loans companies, otecfmghana.com can reveal. Documents available to otecfmghana.com contain some heavy weights in the savings and loans sector such as Midland, Ideal, uniCredit and Global Access whose licenses could be revoked after a review exercise in …

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Ministry of Business Dev’t to train 2, 000 head porters

  By:brightwebtv.com/nana asare barimah File photo: Some head porters About two thousand female head porters, popularly known as kayayei, will be trained by government. The move, according to the Minister of Business Development, Dr Ibrahim Mohammed Awal, is to build their capacity and give them alternative source livelihood. Dr Ibrahim …

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Karpowership Ghana shuts down for relocation

By:brightwebtv.com/nana asare barimah Karpowership Ghana Company Limited had announced that its 470MW Karadeniz Powership Osman Khan will be off the grid on Tuesday, August 13, 2019 in preparation for relocation to the Western Region. A statement signed by Ms Sandra Amarquaye, Corporate Communications Specialist Karpowership, said the Powership will depart …

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Unpaid Contractors run to Otumfuo for intervention

    By:brightwebtv.com/nana asare barimah Contractors who are owed by the Government in various sectors have taken their demand for payment a notch further by petitioning the Asantehene, Otumfuo Osei Tutu II to intervene, MyNewsGh.com reports. Consequently, a meeting has been scheduled on Wednesday, August 14 at the Manhyia Palace where the …

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