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General News

Brong Ahafo gets 18.6m euro water project

Mr. Kwadwo Adjei-Dwomoh, Nkoranza North District Chief Executive (DCE) has disclosed that about 18.6 million euros would be spent on the peri-urban, rural and small town water supply system and sanitation project, which was launched in the Brong Ahafo Region recently.      He said a total of 112 hand dug …

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IMF wants Ghana to raise interest rates, but businesses won’t be happy

Ghanaian businesses are in for tougher uphill challenges, as interest rates are likely to go up soon. The Ghana government was elated and most Ghanaians were happy when the International Monetary Fund (IMF), gave Ghana a $1 billion loan to help prop up the country’s budget. But little was heard …

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Ghana inaugurates taskforce to check foreign businesses

A 12-member re-constituted national taskforce to monitor activities of foreign traders in the northern sector of the country was on Friday inaugurated in Kumasi. The taskforce is to ensure that the country’s investment regulations were respected by non-Ghanaian businessmen and women. Mr George Aboagye, Chief Executive Officer (CEO) of the …

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Ghana to harness sea water for household use

The Ministry of Water Resources, Works and Housing would undertake a pilot project at Teshie in Accra, to supply sea water to Ghana Water Company Limited for treatment to meet the water needs of the country. Successful completion of the project would make it possible for Ghana to produce about …

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Korle-bu workers file ex-parte motion against management

Four hundred and fifty staff and health workers of the Korle-bu Teaching Hospital, have filed an ex-parte motion for an order of Garnishee against funds, treasury bills and fixed deposits credited to the accounts of the hospital by the Bank of Ghana (BOG). Garnishee is the process of executing a …

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Ghana Parliament approves $597 million IMF loan

Parliament on Thursday approved the Poverty Reduction and Growth Facility (PRGF) credit agreement between the Government of Ghana and the International Monetary Fund (IMF), for the amount of  SDR 387 million (US $597 million). The amount is for the Balance of Payment support over the medium term (July 2009— July …

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MPs argue over true beneficiaries of loan facility

Members of Parliament on Friday engaged in arguments as to whether a loan facility for farmers was going to benefit the beneficiaries directly or would be used to facilitate their capacity building. Some members of the Minority New Patriotic Party side, expressed worry that a large chunk of the funds …

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Labour to ensure the implementation of pension scheme

Mr Gordon Bodza, Industrial Relations Officer of the Volta Regional Council of Labour of the Trades Union Congress (TUC) on Thursday said organized labour perceived attempts to delay the implementation of the national pension scheme as unfortunate. He said organized labour would therefore do all it could to ensure that …

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Mahama happy with DFID assistance to Ghana

Vice President John Mahama on Friday described as legendary, the level of support Ghana had received from the UK Department for International Development (DFID). He said the DFID support over the years had enabled Ghana to develop a number of strategies that could lead to poverty reduction. The Vice President …

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Oil field training centre for Ghana

Since it was announced that Ghana had found oil in commercial quantities in June 2007, the country has become the destination point for all the sectors in the global oil industry, including training institutions. A report on the website Oil Online says, Oilennium Ltd, a leading provider of training programmes …

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