Dennis Prempeh, commonly referred to by his stage name, Owurasax, is a talented musician who displays his heart and gratitude with the vocal breaths he infuses into his saxophone. Born in Kumasi, Dennis, by age 17, had become the youngest pianist to join an adult jazz combo band called The Royal Jazz Combo, led by popular TV star Frank Butah. The Royal Jazz Combo became a resident jazz combo band at Manhyia Palace for His Royal Majesty Otumfuo Osei Tutu and performed in many hotels within Ghana. Realising
The Social Security and National Insurance Trust (SSNIT) is yet to retrieve the questionable GH¢ 2.4million it paid to Vanef two months after the B&FT first brought the issue to the attention of the pensions manager. Mr. Peter Hayibor, the General Manager/General Counsel of SSNIT said in June that: “Unless anybody draws attention to it, it wouldn’t be known.†However, two months after the story broke the pension’s manager and largest non-bank financial institution is yet to retrieve
The Ghana Standards Authority (GSA) has debunked reports that the recently launched Ghana Conformity Assessment Programme (GCAP) which takes effect from 1st October, 2014, seeks to introduce its own pre-shipment inspection rules to impose new fees on importers. The GSA in a statement issued in Accra said contrary to the misconceptions and fabrications against the GCAP, the Authority, in collaboration with SGS and BIVAC, seeks to enhance its Conformity Assessment Programme designed to ensure that
Mexico plans to build a new international airport serving Mexico City, targeting a speedy 2018 opening after years of delays. The airport will have three runways and a design capacity of 50 million passengers annually when it opens, a presentation by the Mexican president Enrique Pena Nieto and secretary of communications and transport Gerardo Ruiz on 3 September shows. It will be located near the existing Mexico City Benito Juarez International airport. The X-shaped terminal with 95 contact gates
Small-scale miners have asked government to speedily review procedures in allocating mining concessions in the country, as the current measures favour large-scale companies. The miners say government has wrongly prioritised major suitable mining areas to large-scale mining companies for minerals exploration, depriving prospective small-scale miners from having access to lands. “We think that the allocation of the concessions was not properly done. Currently, what we are proposing is that we want
The increased and rampant award of honorary doctorate degrees by both local and international universities in the country has raised concerns about its current value. Previously a rare honor, institutions are these days conferring the esteemed award on individuals at a rapid rate, causing concern in the education sector as people question the capacity of some of the awarding institutions. Honorary PhDs are also promoting an obsession with titles, as recipients of the accolade tend to insist that
Independent Power Producers (IPPs) hoping to take advantage of the country’s open-handed feed-in-tariff regime for solar energy may have to revise their plans, as national transmission infrastructure can accommodate only 550megwatts of all forms of renewable energy. The Energy Commission has issued IPPs provisional licences for a total of 3,907megawatts of renewable energy including wind, biomass and waste-to-energy. Out of this, over 2000megawatts are in respect to solar energy. The Energy Ministry
IFC, a member of the World Bank Group announced that it has signed a Memorandum of Understanding with the Volta River Authority ( VRA ), to support private sector investment in Ghana's power sector. The Government of Ghana, as outlined in the Ghana National Energy Policy, has prioritized the increase of installed generation capacity in the country to 5,000 MW by 2016, in order to drive the country's economic growth. The Government is encouraging private sector investment in the Ghanaian
In June, Kenya set a new African record. At $ 2 billion, the country s sovereign bond debut was four times oversubscribed. Only one month later, Senegal broke this high. Zambia and Cote d Ivoire have been similarly successful in what some call an African bond bonanza. Interest rates in traditional markets are so low that investors are going after sub-Saharan debt for its high return rates averaging between 5.5 and 7.5 percent. But they are also attracted by the continent s promising growth rates,
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