News From ghana

Court grants injunction; NCA can’t close down Joy, Asempa FMs

An Accra High Court has injuncted the National Communications Authority (NCA) against shutting down Joy FM and sister station, Asempa FM. The court granted an application for interlocutory injunction brought by The Multimedia Group, parent company of the two stations, restraining the Authority from curtailing the transmission radius of the stations or closing them down entirely. The NCA is seeking ...

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TOUGHA tells government to consider issuing e-visas

The Tour Operators Union of Ghana is urging the government to consider issuing e-visas as an incentive to drawing more tourists into the country. “The ease of e-visas has a lot to contribute to the growth of tourism in Ghana and we can’t look further than Rwanda, Kenya and Ethiopia to see the impact on inbound arrivals numbers. “While applauding ...

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Former KMA Boss, Kojo Bonsu joins NDC Flagbearer race

Former Chief Executive Officer (CEO) of the Kumasi Metropolitan Assembly, Kojo Bonsu, has declared his intention to contest the flagbearership race of the opposition National Democratic Congress (NDC). The former Kumasi Mayor joins other party stalwarts such as former President John Dramani Mahama, and former Vice-Chancellor of the University of Professional Studies (UPSA), Prof. Joshua Alabi. Former President Jerry John ...

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Government is working on petrol pricing – Deputy Energy Minister

Deputy Minister of Energy, Mr Mohammed Amin Adam has called on Ghanaians to be patient with government as it strategizes to deal with the pricing challenges of petroleum. According to him, government is working to find a solution for the increase in pricing of petroleum products that affects Ghana and other countries. He said while government appreciates the legitimate worries ...

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$2bn Sinohydro deal not loan agreement – IMF

The Minority MPs had written to the International Monetary Fund (IMF) with a copy to the World Bank to stop the deal on grounds that it is ‘illegal’.The IMF now thinks the $2 billion Sinohydro agreement with Ghana cannot be classified as a loan, documents sighted by Joy Business has revealed. The IMF formed this preliminary view on the Master ...

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Rawlings discharged from Cardio Unit – Office

The Office of former president JJ Rawlings has debunked reports he is being prepared for medical treatment abroad. A statement from his office allayed fears the former military leader is under severe medical condition at the Cardiothoracic Unit of the Korle Bu Teaching Hospital. The statement, however, confirmed that “Rawlings was admitted to the cardiothoracic unit of the Korle Bu ...

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Ghana’s roads sector to get $10bn investment

Ghana’s roads could undergo major reconstruction to spur economic and social development through easier access to and from rural areas to the main commercial centres. The $10 billion projects will include undertaking a thorough assessment of the current road network in Ghana to identify and build roads from scratch, expand some existing roads as well as maintain others. It is ...

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100-year $50bn bond will boost economy, shore up cedi – Ofori-Atta

The government has hinted at plans to restructure the economy by issuing a $50 billion century bond. Minister of Finance, Ken Ofori-Atta, has expressed optimism that the century bond will contribute to strengthening the falling cedi. Speaking with the parliamentary press corps on Monday, 24 September 2018, Mr Ofori-Atta said the government is exploring several means in its bid to ...

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Local firms will get tax waiver for similar ‘StarTimes’ 300 villages project – Ursula

The government has assured that tax waivers await local companies that are also able to take up significant initiatives like the ‘300 villages satellite TV project’, being undertaken by Chinese multinational media company, StarTimes. This would mean the local companies will be investing at least GHc3 million in equipment for such projects. “The Chinese government is giving us equipment to ...

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DTT Saga: Government reimbursing K-NET on all customs charges – Ursula

Minister of Communication, Ursula Owusu-Ekuful, has said the Akufo-Addo government is reimbursing wholly Ghanaian-owned IT firm K-NET, for all customs duties and charges it paid at the ports when the company imported equipment into Ghana to build the Digital Terrestrial Television (DTT) Network infrastructure. The reimbursement, according to Mrs Owusu-Ekuful, is part of the current government’s support to local companies ...

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