Author: newsfilegh

The Herald, has uncovered further details in the GHC600,000 cash-for-contract scandal, involving the Member of Parliament (MP) for Assin South, Rev. John Ntim Fordjour, 38 years, who collected the amount from a businessman in exchange for a government contract that was never delivered. The contract in question, was part of a public tender for the construction of four standard-sized astro-turf football pitches in various districts of the Central Region. It had seen the lawmaker cum politician, making nonsense of the country’s procurement laws by collecting money from a businessman to offer the contract, but failed to deliver. The four astro-turfs,…

The Director-General of the National Lottery Authority (NLA), Mohammed Abdul-Salam, has visited China, as part of efforts to advance the Authority’s digital transformation agenda. The strategic visit, involved high-level meetings with Genlot Game Technology and participation in the Huawei Executive Exchange. These engagements form part of the NLA’s broader vision to modernise Ghana’s lottery systems, extend services to underserved rural areas, and tackle unregulated paper-based operations. The visit commenced in Shenzhen with a detailed session at Genlot Game Technology’s headquarters. There, the Director-General met with top executives, including Genlot’s CEO, Franz Liu, and Chief Technology Officer, Hui Shou, alongside key…

The acting Chief Executive of the National Petroleum Authority (NPA), Mr Godwin Kudzo Tameklo, has reaffirmed the Authority’s commitment to ensuring compliance with the rules and procedures governing operations in the country’s downstream petroleum industry. He stated that while the NPA would bring a human face to the law, sanctions would be enforced against industry players who violate the established rules. Mr Tameklo, made these remarks at the opening of the second edition of the NPA Downstream Compliance Workshop in Accra on Monday. In attendance at the three-day event are representatives from Bulk Oil Import, Distribution and Export Companies (BIDECS),…

In a remarkable celebration of innovation and leadership, Mr Moses Baiden, Founder and Chief Executive Officer of Margins ID Group, has been awarded the prestigious Industry Innovation Excellence Award at the 2025 Millennium Excellence Awards (MEA). This marks his third consecutive recognition, following earlier honours for Technology and Innovation in 2015 and the coveted “Man of the Year” award in 2022. Held every five years and presided over by Otumfuo Osei Tutu II, the Asantehene, the Millennium Excellence Awards are among Ghana’s most esteemed accolades. They recognise individuals whose contributions significantly shape the nation’s socio-economic and political development. This year’s…

The Federation of Professional Trade Associations of Ghana (FEPTAG), has expressed deep concern over the government’s exclusionary approach in the rollout of its highly-publicized free apprenticeship programme. Despite the federation’s long-standing contributions to skills development and youth empowerment across the country, it was neither consulted nor involved in the design or implementation of the initiative. According to the leadership of FEPTAG, this oversight does not only undermine the programme’s needed impact, but also militates against its effectiveness and sustainability. FEPTAG – the umbrella body of close to 50 trade associations of seasoned artisans, vocational professionals, master crafts-persons and their apprentices…

Prudential Bank, has donated GHS 20,000.00 to support the Ghana National Fire Service’s (GNFS) newly launched Health and Safety Fund, as part of this year’s commemoration of International Firefighters’ Day in Accra. The Health and Safety Fund, was established to assist firefighters who sustain severe injuries in the line of duty and to provide for the education of children of firefighters who lose their lives while serving the nation. Prudential Bank is the first financial institution to contribute to the Fund. Presenting the donation during a fundraising appeal at the event, the Head of Personal Banking at Prudential Bank, Charles…

Innovate Africa, the product-led fund backing bold early-stage innovators, today announced it will host the Lagos edition of World Product Day 2025 on Wednesday, 21st May 2025, at The Strong Tower Hall in Lagos. The one-day conference marks the culmination of a continent-wide transformative sprint, moving from grassroots problem identification to prototype-ready solutions that address Africa’s most complex and urgent challenges. World Product is a global initiative by Mind the Product, celebrated in over 100 cities worldwide. Curated by Innovate Africa, the Lagos gathering offers a high-impact, single-day conference that connects product builders, engineers, founders, and enterprise teams through thought leadership…

They might be small and largely inconspicuous, but ants are becoming big business for a growing market of enthusiasts. In April, Kenyan authorities intercepted two Belgian teenagers, a Vietnamese national, and a local accomplice as they attempted to smuggle 5,400 live queen ants out of the country. Their illicit cargo, consisting mainly of the Messorcephalotes species, was carefully packed into over 2,200 modified test tubes and syringes, all designed to keep the ants alive during their journey to European terrariums. The Kenya Wildlife Service (KWS) estimated the collection’s local value at approximately 1.2 million Kenyan shillings, though European collectors might…

By Patrick Biddah Ghana is expected to save $ 1bn annually by constructing its second gas processing plant which is to kick-start in a few months time. The savings will be made in view of the fact that Ghana will not have to spend the said amount on the importation of liquid fuel to power its plants. The Minister for Energy and Green Tradition, Mr John Jinapor, who made this disclosure at a press conference on Monday May 12, 2025, explained that, the savings, will help invest in other critical sectors of the economy that needs critical funding. The Minister,…

US inflation came in softer than expected in April – but that hasn’t changed who’s really in charge. That’s the assessment from Nigel Green, CEO of global financial advisory giant deVere Group, following Tuesday’s Consumer Price Index report, which shows headline inflation at 2.3% year-on-year, just below expectations of 2.4%. Core inflation remains stubborn at 2.8%, and the monthly data shows renewed momentum: core prices rose 0.3% in April, triple the prior month’s gain. “This is a bond market story,” says Nigel Green. “Even with the headline CPI coming in slightly softer, the core reading is sticky, and that keeps yields…