Herdsmen and their cattle continue to wreak havoc on farmlands across the country, a reason government must urgently pass the Cattle Ranching Law, the Peasant Farmers Association of Ghana (PFAG), a local Non- Governmental Organisation, has said. Mohammed Adam Nahsiru, National President, PFAG said: “There is no specific law both at the national and district level that regulates the activities of cattle-rearing in the country. We need to pass the ranching law as soon as possibleâ€Â. Mr. Nahsiru,
Members of the Railway Workers Union of the Ghana Trades Union Congress (TUC) have called off their indefinite strike that began Monday July 21, 2014. The workers last week served notice they will withdraw services and stage protests on Monday to demand better conditions of service. According to them their service conditions are so dire that some senior managers after decades of service with the Ghana Railways Company still receive meager salaries. However, after a meeting with President John Mahama
Rail workers in the country have embarked on nationwide strike to protest poor conditions of service. The workers last week served notice they will withdraw services and stage protests today to demand better conditions of service. They say their service condition is so dire that some senior managers after decades of service with the company still receive meager salaries. Deputy Transport Minister Joyce Bawa has issued a last minute plea to the workers to back down as the Fair Wages and Salaries Commission
Housing is one of the critical physiological needs of man identified by Abraham Maslow in his theory of human motivation. However, there is a growing deficit in housing -- particularly in developing countries. In Ghana, about 1.7million housing units are needed to bridge the yawning gap. However, without the capacity to house the entire population, the private sector has stepped in to provide housing solutions to people from all walks of life. UT Properties, a subsidiary of the UT Group, represents
Zenith Bank has been named for the seventh consecutive year among the top 1,000 banks in the world by The Banker magazine, bolstering the bank’s reputation as one of Africa’s biggest financial services success stories. The Banker is the world’s leading resource for banking and finance intelligence and information. Its Top 1,000 World Banks Ranking has been tracking the industry’s health and wealth since 1970 and become the leading benchmark for assessing banks over the period. Zenith, which
An unnamed investor has submitted proposals to the ministry responsible for Public Private Partnership (PPP) to develop the Wa Airstrip for use by domestic airline to serve the area. B&FT understands that discussions are currently on-going and there is the prospect of developing the airstrip by the close of the year. The Minister of State in charge of PPP, Rashid Pelpuo, confirmed that his outfit has indeed received a proposal to that effect. There are currently five operational domestic airports
The Supreme Court will decide tomorrow whether a case beseeching it to order the Bank of Ghana to stabilise the cedi can proceed, after the central bank argued in a preliminary objection that the plaintiff chose the wrong forum to bring the case. John Ephraim Baiden, a lawyer and former banking lecturer, filed a writ in the country’s apex court in March seeking a declaration that “upon a true and proper interpretation of Article 183(2)(a) of the 1992 Constitution and Bank of Ghana Act, 2002,
Workers from both the public and private sectors will embark on a protest on Thursday to register anger and dissatisfaction with the management of the economy. Announcing the event at a press conference last Friday in Accra, the Secretary-General of the Trades Union Congress -- the umbrella body of 18 affiliate unions -- Kofi Asamoah, noted that the economic situation has moved from bad to worse and is deteriorating by the day. Mr. Asamoah recounted that on July 14 this year, Organised Labour issued
Deputy Minister of Finance Cassiel Ato Forson says the inability of government to carry out effective planning, monitoring and evaluation of policies and programmes is partly due to lack of accurate and real-time access to data. "At this stage of the country's development, we need an efficient national statistical system that can generate timely, accurate and reliable data to help us plan, measure and manage our development efforts. "Most of the challenges facing government, civil
Broll Ghana has urged local investors and financial institutions to exploit syndicated capital to finance shopping malls in the country. The firm said it has identified shopping malls as one of the lucrative investment schemes that financial institutions and Ghanaian investors must pay attention to by pooling resources. The Chief Executive of Broll Ghana, Kofi Ampong, said his firm has decided to promote local investment in retail development based on the competitive income and capital returns from
While the Ghana National Gas Company (GNGC) is yet to compensate all farmers affected by its project, payments to those compensated fell below rates set by the Land Valuation Board, a new report by the Centre for Public Interest Law (CEPIL) has said. Livelihood challenges associated with the project constitute “serious violations†of Ghanaian laws and international human rights instruments, including the constitution -- which mandates government to pay “fair and prompt compensation†when
Director of the Financial Services Division at the Ministry of Finance and Economic Planning Joseph Chognuru says there is a need to develop the capital market to facilitate the national economic transformation process, especially in the wake of dwindling external sources of funding which has arisen as a result of the country’s current middle-income status. Speaking at the launch of a capital market quiz competition for Senior High School students in Accra, he said a well-utilised capital market
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