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Protection of indigenous industries needed for oil management – Minister

Mr Samuel Ofosu-Ampofo, Eastern Regional Minister, on Thursday said the protection of local indigenous industries was relevant to manage the oil industry. He said the situation where many Ghanaian industries collapsed due to the influx of imported goods must not be allowed to prevail in the oil sector. Speaking at …

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Researcher calls for competition law for Ghana

Ghana needs to pass a competition law and establish an authority to monitor and research into complaints of industry players who feel cheated by acts of their peers. Presenting a draft research report on measuring the economic impact of competition, Mr. Roghit Singh, a research fellow with the Overseas Development …

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Anti-corruption bodies urged to be abreast with corruption laws

Mrs Florence Dennis, Executive Secretary of the Ghana Anti-Corruption Coalition (GACC) has urged institutions in the fight against corruption to acquaint themselves with laws on the subject to make their campaigns and advocacy programmes more effective. Speaking at the a training programme for Community Based Organisations (CBO’s) and Non Governmental …

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No increase in the price of sachet water – Producers

The National Co-ordinating Council (NCC) of Sachet Water Producers on Thursday asked members not to sell above the recommended prices approved by the Council to reduce the hardship on consumers. Mr Magnus Nunoo, President of Sachet Water Producers and a member of the NCC said the recommended price for a …

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Committee to source funding for Ghana Fire Service

A Committee on High Rise Building is sourcing funds to purchase two fire tenders that can go beyond three floors for the Ghana National Fire Service (GNFS). The committee, Chaired by Mr Kwesi Bentil of the Bank of Ghana, is made up of representatives of Social Security and National Trust …

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Simon Dornoo becomes new MD of Ghana Commercial Bank

The new Managing Director of Ghana Commercial Bank (GCB), Mr Simon Dornoo, assumed duty on Thursday following the retirement of Mr Lawrence Adu-Mante. A statement from the Bank said Mr Dornoo, with his wealth of experience in banking and finance in Ghana and an extensive exposure gained in the UK …

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Ghana faces first biggest challenge to oil find from Ivory Coast

The first major challenge to Ghana’s oil find has been put up by western neighbour Ivory Coast. Since oil was discovered in commercial quantity in June 2007, it has all been euphoria and hope for economic expansion. There was the US-China competition to take control of the oil, which is …

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German President advises Ghana on use of oil wealth

The President of the Federal Republic of Germany, Dr. Horst Koehler, has urged Ghana to use the country’s oil wealth as wisely as the country has pursued issues of politics and democracy which has won the country great commendations globally. In a letter to the government and people of Ghana …

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Businessman urges government to reconsider decision to sack health extension workers

Government has been urged to reconsider a decision to lay off health extension workers employed by the previous government, under the National Youth Employment Programme (NYEP). Mr Opoku Agyeman Prempeh, a businessman in Kumasi, said such workers should rather be supported to enroll in nursing and community health training institutions …

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MTN launches newsletter

MTN Ghana on Wednesday launched the maiden edition of its external newsletter, to serve as the official corporate magazine of the company. The newsletter, dubbed: “Y’ello Ghana,” would be a quarterly publication with a variety of stories and feature articles including social, telecommunications and health, to keep all stakeholders informed …

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