Author: newsfilegh

A former deputy minister for Trade and Industry, Murtala Ibrahim Mohammed, has  said it was a senseless decision for the government to spend huge sums of money, claiming to be up GH¢18 billion, to clean the banking sector. The action eventually led to the collapse of seven banks and the downgrading of one. On assuming office in January 2017, the Akufo-Addo-led New Patriotic Party (NPP) administration through the Bank of Ghana (BoG), took steps to do what it described as ‘sanitizing the financial sector”. The exercise which ended in December 2018 saw some banks folding up, others merged and some…

In more proof that U.S. oil production is continuing to alter global oil markets, Russia’s finance minister Anton Siluanov said on Saturday that Russia and OPEC might decide to increase production to fight for market share with the U.S. His remarks were first covered by Russia’s Tass News Agency. Siluanov said that lower oil prices would then have a negative impact on U.S. oil production, an argument that was also made as far back as late 2014 when the Saudis sought to drive U.S. producers out of business by opening the oil production spigots in spite of an already flooded global oil…

The National Council for Curriculum & Assessment (NaCCA) has mounted strong defence for the prominence given Dr. J. B. Danquah over Ghana’s first president Dr. Kwame Nkrumah in the newly developed curriculum for primary schools. The Council has received some backlash on social media and traditional media platforms, having been accused of trying to rewrite Ghana’s history for political expediency. But NaCCA in a statement signed by its Ag. Executive Secretary Dr. Prince H. Armah said it has no interest in skewing Ghana’s political history, insisting claims that J.B. is unduly being amplified over others are “unfortunate”. Nana Joseph Kwame…

Charles Adu-Baah Jnr beat six others in campus-wide elections on Wednesday, April 17 to become the President-elect of the Students’ Representative Council (SRC) of the Kwame Nkrumah University of Science and Technology (KNUST). He polled 11, 225 of the total valid votes cast, representing 65.96 per cent, to become the winner. He is set to replace Kelvin Sah, who has served the role since April, 2018. ABC, as the next President is affectionately called, will be the first leader of the SRC after last year’s violent demonstration, which led to the closure of the school. He will be the students’…

The National Food Buffer Stock Company (NAFCO) has assured its current strategy is robust enough to ensure uninterrupted supply of food commodities to Senior High Schools. Chief Executive of the company, Mr. Hanan Abdul-Wahab explained adequate measures have been taken to ensure academic work in government High Schools is not hampered. Mr. Abdul-Wahab was interacting with the headmaster and a section of students when he paid an unannounced visit to the Bawku Secondary Technical School in the Upper East Region. The visit was to assess the food needs of the school. He toured the school’s pantry, kitchen, cooking facilities and…

Chairman of the National Council for Curriculum & Assessment (NaCCA) Professor Kwame Osei Kwarteng says Dr. J.B Danquah was mentioned several times in the new primary school curriculum because of his intellectual contribution to the country’s history. This is in response to some critics who have raised questions with the new curriculum, stating that Dr. J.B Danquah was given more prominence in the curriculum than Ghana’s first president, Dr. Kwame Nkrumah. Addressing the issue on TV3’s Midday Live on Wednesday, April 17, Professor Osei Kwarteng said a lot of reference was made to Dr. J.B Danquah as a result of…

Widely held myths about sleep are damaging our health and our mood, as well as shortening our lives, says researchers. A team at New York University trawled the internet to find the most common claims about a good night’s kip. Then, in a study published in the journal Sleep Health, they matched the claims to the best scientific evidence. They hope that dispelling sleep myths will improve people’s physical and mental health and well-being. So, how many are you guilty of? Myth 1- You can cope on less than five hours’ sleep This is the myth that just won’t go…

Bijou Homes, the affordable gated residential community within Appolonia City is selling fast, with more than 40 percent of the first phase already sold. The Bijou Homes neighbourhood was launched in November 2017 by President Nana Addo Dankwa Akufo-Addo, who lauded GHL Bank and Appolonia City for their partnership to build high-quality affordable homes with flexible payment options, including mortgages from 10 to 15 years. “Bijou Homes meets the varied needs of resident and non-resident Ghanaians who wish to purchase their first homes or additional units for investment,” CEO of Appolonia City, Bright Owusu-Amofah noted. He added that Appolonia City’s…

Socrates Sarfo, the Director of Creative Arts, responsible for Programs & Projects at the National Commission on Culture (NCC), has advised entertainment talkshow hosts and their producers to engage quality pundits on their shows. Socrates Sarfo who doubles as a movie producer appeared on Onua 95.1 FM entertainment talkshow Anigye Mmre hosted by Christian Agyei Frimpong saying, “If I have to say it as it is. I can tell you most of the pundits that appear on entertainment talk programs are shallow.” “Most of the entertainment pundits come on radio / TV entertainment shows with nothing, sometimes some of them…

There has been a proposal by the Aviation Ministry to cede the management of the Kotoka International Airport to a private company, according to a draft memo to Cabinet sighted by the media. A private company, Tav Airport Holding Company limited, is being considered for a terminal management contract or a concession agreement for the airport, which handles an average of 4,706 passengers daily. The Aviation Ministry received a proposal from Tav Airport Holding “to help bring about the physical development of the airport enclave.” Under the proposed terminal management contract, terminals within the airport will be managed by the…