Recent Posts

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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  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 contractors …

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Ghana Manganese Company ordered to resume operations

  by;BRIGHTWEBTV/NANA ASARE BARIMAH The Ministry of Lands and Natural Resources has rescinded its decision to shut down the Ghana Manganese Company (GMC).The sector Minister, Kwaku Asoma-Cheremeh, said the decision was reversed following meetings with the company and some stakeholders.Mr Asoma-Cheremeh on Monday announced the shutdown of the company for …

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PDS takes charge of power retail as ‘interim ‘arrangement’

By:brightwebtv.com/nana asare barimah Power Distribution Services (PDS) will still provide all activities related to electricity retail as an interim arrangement, a statement has revealed. The joint statement by the Electricity Company of Ghana (ECG) and PDS said the interim arrangement is “to ensure that there is no disruption of power supply …

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‘Chop Bar’ operators unhappy with ban on wildlife hunting

By:brightwebtv.com /nana asare barimah     Operators of eateries in Accra popularly known as Chop Bars have expressed mixed feelings amidst the ban on wildlife hunting announced by the Forestry Commission. The ban took effect on August 1, 2019, and expected to be lifted on December 1, 2019. Per the …

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Menzgold CEO to address expectant customers after ‘needed rest’

By:brightwebtv.com /nana asare barimah Customers of defunct gold dealership Menzgold have been assured that they will soon hear from the embattled Chief Executive Officer of the company following his release from police custody. Public Relations Officer (PRO) of the company, Nii Armah Armatefio said Tuesday that Nana Appiah Mensah needs …

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NLA VAG Lotto and Super 6 Jackpot Games Successfully Launched

  By:brightwebtv.com/nana asare barimah   The National Lottery Authority (NLA), supported by the Ministry of Finance, Ministry of Defense and the Veterans Administration Ghana (VAG) ,has successfully launched VAG Lotto and Super 6 Jackpot Game today, 6th August 2019 at the Authority’s Brennan Hall. The event was well attended by …

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Photos: Staff of PBC demonstrate, call for resignation of CEO

  By:brightwebtv.com/nana asare barimah     The staff of Produce Buying Company Ltd are demonstrating at the head office of the company. They are calling for the resignation of their CEO, Kofi Owusu, Joy News’ Nancy Emefa Dzradosi has reported Tuesday morning. According to them, Mr. Owusu is inexperienced and …

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GPRTU calls for calm after meeting over possible increase in fares

By:brightwebtv.com/nana asare barimah The Ghana Private Road Transport Union (GPRTU) is urging its members to remain calm as it works with the Ministry of Transport and other stakeholders to reach an agreement on a possible increment in transport fares. This was after a tripartite meeting on the matter ended inconclusively …

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NLA Set to Launch Super 6 Dividend Game

By:brightwebtv.com/nana asare barimah     In order to boost the revenue generation capacity of Government as well as create jobs, the National Lottery Authority (NLA) is fully set to launch a new exciting game onto the market, the game is Super 6. The Super 6 game would be launch on …

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Finance Ministry ‘responsible’ for PDS debacle – Former Minister

By:brightwebtv/nana asare barimah Dr Kwabena Donkor, former Power Minister Former Power Minister under the erstwhile National Democratic Congress administration, Dr Kwabena Donkor has blamed the Finance Ministry for the Power Distribution Services’ (PDS) concession agreement debacle. “The first person that we have to hold responsible for this debacle is the …

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Audio: Energy Minister cites fraud as reason PDS contract was suspended

By; brightwebtv/nana asare barimah   Energy Minister, John Peter Amewu It has emerged that fraud was suspected in the concession agreement government entered into with Power Distribution Services (PDS). Energy Minister, John Peter Amewu, who revealed this on Joy News’ AM Show, Wednesday, said the government was forced to suspend …

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Lower Manya MP builds factory with his ex-gratia

by;brightwebtv/nana asare barimah       A $300,000 Aluminium Fabrication factory built by the Member of Parliament for Lower Manya Krobo, Ebenezer Okletey Terlabi, from his Share of MPs ex-gratia has been commissioned at Kpong, a suburb of the constituency. The factory which is already in operation produces roofing sheets …

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We’ve always acted in good faith – PDS reacts

by:brightwebtv/nana asare barimah Power Distribution Services (PDS) says it will collaborate with the Government of Ghana as it seeks to probe its Payment Securities (Demand Guarantees) for the ECG takeover. In a statement, the company said it has always acted in good faith and will not rush to put out …

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Why government suspended PDS

by;brightwebtv/nana asare barimah       Government of Ghana in the late hours of Tuesday, July 30 announced the abrogation of the contract with Power Distribution Services barely six months after the company took over from the Electricity Company of Ghana. In a statement signed by Information Minister Kojo Oppong …

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ECG is back as gov’t suspends PDS agreement

By:brightwebtv.com/nana asare barimah Government has suspended the concession agreement with Power Distribution Services (PDS), bringing back the Electricity Company of Ghana (ECG) to be in full control of power distribution. According to Information Minister, Kojo Oppong Nkrumah, the decision was taken after government detected “fundamental and material breaches of PDS’s …

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2019 Mid-year Review: ‘Petrol, mobile tax to go up’

By:brightwebtv.com/nana asare barimah     Pro-government newspaper, The Daily Statesman, has hinted that the Finance Minister will announce an increase in petroleum and mobile tax today. Ken Ofori-Atta, will address Parliament Monday morning to ask for more money to meet mainly urgent and priority infrastructural demands as the huge costs …

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