Prices of some petroleum products have gone up by 11 percent for the first pricing window in January. Checks by Citi Business News indicate that the price of a litre of petrol has gone up between 8 and 11 percent while the same quantity for a litre of diesel has gone up between 9 and 11 percent. A litre of ...
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BoG to establish GHC500m fund for agricultural growth – Akufo-Addo
The Bank of Ghana is to set up a GHC500 million fund to support agriculture in the country, President Akufo-Addo has announced. Speaking as part of a Heads of State and Governments high level panel discussion at the 2018 African Green Revolution Forum in Kigali, Rwanda, President Akufo Addo said one of the major difficulties that Ghanaian farmers have is ...
Read More »Auditor-General blocks salaries of some head of state institutions
The Auditor-General, Daniel Domelevo has revealed that salaries of some heads of public institutions who delayed in responding to observations contained in audit reports have been frozen. The directors of some state institutions were given up to 30 days to respond to the observations contained in an audit report on their institutions. However, most of the directors failed to respond. ...
Read More »Ghanaians are suffering – Gabby Admits
Gabby Asare Otchere-Darko, a member of the ruling New Patriotic Party, NPP, has stated that times are hard for the citizenry, but it is a sign of a developing economy. He assured Ghanaians that they should exercise patience for government as President Akufo-Addo is charting the path for a buoyant economy for all. In a Facebook, he wrote “there is ...
Read More »Health Ministry gets financial clearance to absorb unemployed bonded nurses
The Ministry of Health says it has secured financial clearance to absorb unemployed bonded nurses. Sector Minister, Kwaku Agyeman Manu, has assured the distressed nurses that they will receive their appointment by the end of the year. He gave the assurance when he was addressing the Nurses and Midwifery Council mid-year review meeting at Nsuta in the Ashanti Region. The ...
Read More »Ghanaians poverty situation improved – Report
Ghana’s poverty rate has declined and currently stands at 23.4%, the Ghana Statistical Service (GSS) has announced in a latest survey. According to the survey, Ghanaians are not as poor as they used to; nonetheless, about 2.4 million people in Ghana are drowning in extreme poverty while 6 million people are living in poverty. Speaking at the Launch of the ...
Read More »‘We’re not seeing the change we voted for’ – Eastern corridor road users
The woes of commuters on the Eastern Corridor road in the Northern Region are far from over as contractors have abandoned the road over lack of funds. Motorists who use the road have had to go through lots of challenges over the years. Currently, the two main bridges left in the middle of the road at Lepusi present the biggest ...
Read More »Ken Ofori Atta questions GNPC boss over ‘$9m oil revenue loss’
The Finance Minister, Ken Ofori Atta has written to the Chief Executive Officer of the Ghana National petroleum Commission demanding answers to why the commission sold Ghana’s TEN crude oil lower than the lowest on the market. A letter addressed to the GNPC CEO and sighted by Starrfmonline.com said as a result of the low pricing of the crude by ...
Read More »Commercial banks to have cyber officers in response to economic crimes
The Bank of Ghana (BoG) is working on a model to be issued to all commercial banks in the country as a measure to curb the rising economic and cybercrimes in the banking sector. The move, according to the Central Bank, will compel all the banks to appoint a cybersecurity and information officer as part of the banking requirement. In ...
Read More »Akufo-Addo breaks silence on banking rot
President Addo Dankwa Akufo-Addo has spoken for the first time on the banking scandal, refuting claims that there is a government-led effort to collapse indigenous banks. “We cannot have a situation where the dominant banks in our country are all foreign banks. It is very dangerous for our future if we allow that to happen. But if our own indigenous ...
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