Economy in reverse gear under Akufo-Addo – Adongo
The Member of Parliament for Bolgatanga Central Isaace Adongo has described as ludicrous claims by Minister of Finance, Ken Ofori-Atta, that the economy has bounced back following some prudent measures being pursued by the government. Mr. Ofori-Atta disclosed Monday...
GRA, EOCO partner to combat financial crimes
The government has expressed its strong commitment to combating illicit financial flows arising from money laundering, bribery, corruption, tax evasion and other financial crimes. The Commissioner-General of the Ghana Revenue Authority (GRA), Mr. Emmanuel Kofi Nti...
Hackman: I saved COCOBOD GHc87m in two days
The Board Chairman of the Ghana Cocoa Board, Hackman Owusu Agyeman, has disclosed that he saved the company a whopping 87 million Ghana cedis in two days. The former Member of Parliament for New Juaben told Starrfmonline.com in an exclusive interview that through his...
ECG staff to sue over ‘privatisation’
The Public Utility Workers Union (PUWU), the mother body of staff of the Electricity Company of Ghana (ECG), is threatening legal action against government over its intended move to give out the power distributor on a 25-year concession. According to the union, the...
U.S. seeks to recover $144m in Nigeria oil industry bribery case
The U.S. Justice Department on Friday filed a lawsuit seeking to recover assets that include a $50 million Manhattan apartment and an $80 million yacht that it said were bought using money generated from a scheme to pay millions of dollars in bribes to a former...
We’ll cancel NHIA Capitation program in A/R – Osafo Marfo
Senior Minister Yaw Osafo Marfo has revealed that government will soon announce the cancellation of the national health insurance capitation programme being piloted in the Ashanti region. Under the capitation programme, clients select their preferred health facility,...
Ogilvy Ghana boss appointed Regional MD
Ogilvy and Mather Worldwide, has announced that the role of its Ghana MD, Akua Owusu-Nartey, has evolved to the position of Regional Managing Director of Ogilvy Africa Group, reporting to Mathieu Plassard, CEO, Ogilvy Africa. The new role, which took effect from 1st...
Inflation drops to 12.1%
Inflation has dropped again for the month of June from 12.6 percent in May to 12.1 percent. This is the lowest since December 2013. The marginal reduction in the price of fuel was mentioned as one of the factors that contributed to the reduction. Acting government...
Azugu joins Ghana’s online shopping malls
Specifically designed by Ghanaians and built for the world, azugu.com incorporates an impressive service function which provides aftersales service and technical support to any shopper willing to buy from azugu.com. In addition, azugu.com offers real time customer...
Minimum wage up by 10%
The National Tripartite Committee has announced a 10 percent increase in the daily minimum wage. As a result, the new minimum wage is 9.68 cedis up from 8.80 cedis. The change will take effect on January 2018. The decision was taken on Tuesday after a marathon meeting...
How to calculate your SSNIT pension
Most retirees when they start receiving their pension allowance feel cheated especially calculating the number of years they have worked. In Ghana pension is one of the controversial issues many retirees have to battle with. Most retirees when they start receiving...
Ghana’s doors open for good businesses – Bawumia
The Vice President, Dr. Mahamudu Bawumia, has challenged Ghanaian investors to take advantage of the business relations existing between Ghana and Sudan to make significant investments that would bring them appreciable returns. Dr. Bawumia, who threw the challenge...
E/R: NHIA boss resigns over NPP pressure
The New Juaben Municipal Director of the National Health Insurance Authority (NHIA) in the Eastern region has resigned after he was given a one week ultimatum by the New Patriotic Party to quit. Mr. Kwadwo Gyeke Darko was asked by the NPP to peacefully quit his role...
Cost of 4G spectrum won’t be reduced – Ursula to telcos
Communication Minister, Ursula Owusu Ekuful, has told telecom companies in the country that government will not reduce the cost of 4G spectrum license. The CEO of Vodafone Ghana, Yolande Cuba, in a media interview this year called for the reduction of the cost of the...
End IMF deal ‘as soon as possible’: Labour
Organised Labour has reiterated that the Akufo-Addo government must end “as soon as possible”, the three-year $918million IMF deal it inherited from the Mahama administration. In its mid-year review of the socio-economic and political situation in Ghana, Organised...
Ecobank partners Allianz Insurance to offer Motor BancAssurance
After a successful life assurance partnership with Old Mutual, Ecobank has widened its bancassurance portfolio with another collaboration with Allianz Insurance. Bancassurance is the selling of life assurance and other insurance products and services by banking...
Bank cards relevant as MM wallets – StanChart official
Players in the banking sector are optimistic that even though Mobile Money seems to be the easiest payment module in recent times, the usage of bank cards still plays an integral role in the payment system. Some financial experts believe bank cards will become extinct...
Tigo, Airtel merger soon
The board of the National Communications Authority (NCA) is expected to soon begin considering the proposal for the merger between Tigo and Airtel. It follows the official inauguration of the Board of the NCA in Accra Thursday. The absence of a board at the NCA due to...
Ghana misses digital migration deadline again
Ghana cannot meet the September 21, 2017 deadline set for the migration from analogue to digital broadcasting, the Minister of Communications, Mrs Ursula Owusu-Ekuful, has said. The country missed the initial June 2015 deadline set under the Geneva 2006 agreement of...
Dangote gets $1bn in intra-Africa trade deal
The African Export-Import Bank (Afreximbank) in Kigali has signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited....