Recent Posts

Inter-City STC to ‘expand into West Africa sub-region’

  By:brightwebtv.com/Martin Awuku. Managing Director of the Inter-City State Transport Company (ISTC), Nana Akomea, has said plans were advanced to extend his outfit’s operations to Nigeria and other African countries.   He said the bus company was already going to Togo, Benin and Cote d’Ivoire and would be venturing into the Nigeria …

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GN Savings and Loans manager in court for embezzling GH₵732,000

by;brightwebtv.com/martin awuku A 39-year-old employee of Group Nduom (GN) Bank now savings and loan company has been put before an Accra Circuit Court for allegedly misappropriating cash in the sum of GH₵732,000. Eric Holon, who has been charged with stealing and six counts of fraudulent electronic fund transfer, has, however, …

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Ghana may auction Eurobonds with or without final IMF review

by;brightwebtv.com/bright agyapong Ghanaian Finance Minister Ken Ofori-Atta said the country could proceed with a sale of Eurobonds even before the International Monetary Fund (IMF) completes a final review of the nation’s extended credit-facility program.     The finance ministry will next week name transaction advisers for a planned issuance of as much as …

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500 illegal miners enrolled in vocational & technical institutions

  by:brightwebtv.com/bright Agyapong The Ministry of Local Government and Rural Development (MLGRD) has enrolled 500 persons who were engaged in illegal mining in vocational and technical training institutions. The beneficiaries, who are from mining communities in Kyebi and Aduasa in the Birim South District of the Eastern Region, are pursuing a …

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Dont pay money for replacement of meters; ECG alerts public

  By:brightwebtv.com/bright Agyapong The Ashanti Regional Strategic Business Unit (SBU) of the Electricity Company of Ghana (ECG) has cautioned the public against paying money to any person for the replacement of their postpaid to prepaid meters.   It said replacement of the meters was  free and done by the company …

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10 Menzgolders dead – Angry clients claim

by:brightwebtv.com/bright aghyapong Ten customers of embattled gold dealership firm, Menzgold Ghana Limited, have died following the collapse of the company, Kwabena Bonsu, the Ashanti regional secretary to the Coalition of Aggrieved Menzgold Customers, has said.According to him, others have also suffered a stroke and are unable to walk due to …

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Audio: Berekum VRA boss almost lynched by residents over dumsor

by/brightwebtv.com/brightwebtv   The Managing Director of the Volta River Authority (VRA) at Berekum in the Brong Ahafo region, Eric Ofori is thanking his stars for being alive. But for the intervention of the police, he would have been lynched by angry residents over the incessant power outages known in local …

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Managing Director of umb John Awuah dismissed

  By:brightwebtv.com/Martin Awuku. Citi Busness News has gathered that the Managing Director of UMB John Awuah has been dismissed by the bank.   It’s unclear what led to his dismissal. Sources close to the matter tell Citi Business News the Chief Operating officer Mr. Benjamin Kwabla Amenumey, is to act in …

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A/R: Stop selling on streets – ARCC warns traders

By;brightwebtv.com/bright agyapong The Ashanti Regional Coordinating Council (ARCC) has given an 11-day ultimatum to all traders and hawkers selling at unauthorised areas around the Kumasi Kejetia Central Market Redevelopment project and the Central Business District (CBD) of Kumasi, to vacate the area.   Addressing a press conference on Wednesday, 30 …

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Ghana Railway Company starts a two-week free ride

By:brightwebtv/bright Agyapong The Railway Company has started a two-week free ride for passengers along the Accra-Tema railway line to test-run its operations.   The Minister for Railways, Joe Ghartey was joined by hundreds including the Minister of Information, Kwadwo Oppong Nkrumah, the MD of the Ghana Railway Company Limited, John …

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See the schedule for the new Accra-Tema Train Service

By brightwebtv/bright Agyapong The Ministry of Railways Development in collaboration with the Ghana Railway Company Limited has announced the schedule for the Accra-Tema Train Service which was launched Tuesday, January 29 in Accra.   The shuttle has a diesel multiple unit (DMU) train which seats 360 persons with ample room for tens …

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Bread Price Shoots Up

By Martin Awuku 23 January Price of some basic commodities, including bread, sugar, fire woods have gone up this week in Kumasi, marginally raising the cost of living for urban households.   Figures giving out by some bread bakers in Kumasi show slim increases in the cost of the family …

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Government gambling pension funds on collapsing ADB and NIB -Adongo

By Nana Asare Barimah The Agricultural Development Bank (ADB) and the National Investment Bank (NIB) are both collapsing because they have no solvency according to the Member of Parliament (MP) for Bolgatanga Central, Hon Isaac Adongo yet government wants to gamble pension funds on them, MyNewsGh.com has filed. According to …

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Gov’t suspends Uni-Pass implementation

The Ghana Revenue Authority (GRA) has been directed to suspend the implementation of the Uni-Pass port clearing system, which was initially scheduled to start on January 1, 2019, due to various legal, operational and policy issues. The directive, contained in a Decision Note of the Economic Management Team headed by …

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Government justifies support for 7 local banks

The government has justified its decision to back financial support arrangements that would raise the minimum capital requirement levels of seven local banks. Last year, the Bank of Ghana raised the minimum capital requirement of commercial banks from GH¢120 million to GH¢400 million and set a December 31, 2018 deadline. …

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Never Underestimate the power of Networking – Male Coach

Adum Branch Manager of Zenith Bank in Kumasi, Mr. Samuel Duncan has advised young professionals to utilise their contacts effectively. According to Mr. Duncan, that is one of the effective ways of sustaining a career. Mr. Duncan was speaking during a workshop Career Day organised by No Business As Usuals. …

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