The Millennium Challenge Corporation signed the largest U.S. Government-funded transaction of President Obama’s Power Africa initiative—designed to double access to power on the African continent—with the Government of Ghana. The Ghana Power Compact invests up to $498.2 million to support the transformation of Ghana’s electricity sector and stimulate private investment. Secretary of State John Kerry ...

The Association of Ghana Industries (AGI) says its members are struggling to manage their businesses under the current economic conditions. The President of the AGI, James Asare Agyei on Eyewitness News said it is difficult to efficiently operate and make profit under the harsh socio-economic conditions. According to him, business owners and captains of industry ...

A member of the New Patriotic Party (NPP) in the Central Region, David Apinyah Ato Sam has called for the resignation of Deputy Speaker and Member of Parliament of Cape Coast Barton Odro for criticizing the Supreme Court ruling on the Woyome case. Businessman, Alfred Agbesi Woyome was ordered by the Supreme Court on July ...

An IMF programme that supports fiscal consolidation and addresses macroeconomic imbalances in Ghana could stabilize the outlook on the country’s ‘B’/Negative sovereign rating, Fitch Ratings says. However, an IMF programme is not a foregone conclusion, nor is its effective implementation. A lasting reduction in exchange rate and funding pressures is unlikely until a programme is ...

The Ministry of Youth and Sports has denied claims that the members of Ghana’s athletics team who participated in the Commonwealth Games have threatened to seek asylum in Scotland after the games. There were reports that Ghanaian athletes who participated in the just ended Commonwealth Games threatened to seek asylum in Scotland if officials failed to ...

The Lagos Chamber of Commerce and Industry (LCCI), Nigeria has positioned itself to advance trade ties with its neighbour, Ghana, to enhance cross-border relations and tap into the potential market of 350 million people in the West African region. ‘’Integration is in fact the main vehicle for boosting trade,’’ said Remi Bello, president, LCCI, during ...

The Electoral Commission (EC) has defended the current voter’s register by describing it as credible and genuine. This declaration by the Electoral Commission comes days after the 2012 presidential candidate of the New Patriotic Party, Nana Akuffo Addo called for an independent forensic audit of the register which in his opinion was ridden with anomalies. ...

Members of the communication team of the opposition New Patriotic Party (NPP) across the country have been banned from openly campaigning for the party’s presidential candidates. Kwabena Agyapong, NPP General Secretary, stated emphatically that any NPP communication team member who would flout the directive would be dealt with according to the party’s laws. He admonished ...

The Ghana Police Service has announced that it is resuming the recruitment of  individuals into the service. A statement signed by the Director-General, Public Affairs of the service, DCOP Rev. David N. Ampah-Bennin said preference will be given to “the backlog of candidates standing by from the 2012 recruitment exercise that, it has resumed processing ...

Monday, August 4th was exactly 6 months since the Bank of Ghana introduced the new foreign exchange rules. Citi Business News analysis shows that the cedi has in the past one month seen some recovery and begun to appreciate against some major currencies. This is based on data provided by the Bank of Ghana. The cedi ...

President of the Polytechnic Teachers Association of Ghana (POTAG), James Dugrah, says teachers  will not return to the classroom unless government pays their book and research allowance. According to him, the book and research allowance is the ‘’basic tool’’ for the work of the teachers. ‘’I think you know want goes into teaching; if you don’t ...

The Africa summit is officially underway, which means one very important thing for the District: The first lady of Cameroon’s hair is here. Chantal Biya has single-handedly made mullet the new magnificent. Biya’s bouffant is a beauty school master’s thesis in contradictions. Somehow her hair manages to be short and long, rebellious yet elegant, unruly but controlled. And whether she’s visiting the ...

The ongoing Takoradi Port Expansion Project has already started attracting investments into the Port’s Oil & Gas enclave as the Ghana Ports & Harbors Authority(GPHA) works to position the Takoradi Port as a major maritime services support hub along the west coast of Africa. COX OIL, a Texas based oil and gas company has announced ...

The seven candidates vying to lead the New Patriotic Party (NPP) in the 2016 presidential elections balloted for positions on the ballot paper on Tuesday morning. Former Trade and Industry Minister, Dr. Kofi Konadu Apraku picked the number one spot on the ballot followed by Stephen Asamoah Boateng with Francis Addai Nimoh at the third ...

Although his maiden gospel album did not do well on the market as he had expected, highlife musician-turned-pastor, Ofori Amponsah, says nothing will make him go back to secular music. “I receive calls regularly from friends and fans who keep asking me to go back to highlife music since I am not doing well in ...

Foremost insurer, SIC Insurance Company Limited has bounced back to making profit. The company posted a profit before tax of GHc 12,832,687 in 2013, a feat described by the Chairperson of the company, Mrs. Felicity Acquah as a positive indicator for shareholders. “However, as a result of the huge debt write-off of GHc 7,976,682 and ...

The Deputy General Secretary of General Agricultural Workers’ Union (GAWU), Edward Kareweh is calling on Ghanaian farmers to concentrate on adding value to their products for domestic use rather than exporting. His call comes on the back of an European Union (EU) temporary ban on exports of vegetables from Ghana to their region. The ban ...

Clashes between African migrants in the French port city of Calais have left more than 50 people injured. A fight which started on Monday evening at a food distribution centre was initially broken up by police but later continued into the night. Hundreds of migrants live in informal camps in the Calais port, trying to ...

Authorities at the Kotoka International Airport (KIA) have created a special arrival point for travellers from four West African countries where Ebola cases have been reported. The countries are The Gambia, Sierra Leone, Liberia and Nigeria. The objective is to facilitate the proper screening of travellers from those countries who will be received at the ...

Fredrik Sunesson had high hopes when the first tanker truck unloaded feces from some of Accra’s 4 million residents at his recycling plant in Ghana’s capital. Seventeen months later, those expectations have been dashed. A combination of red tape and disputes over payments mean Sunesson’s Slamson Ghana Ltd. is running far below capacity, he says. Most ...