Author: newsfilegh

Government has signed an agreement with the United Nations Industrial Development Organization(UNIDO) aimed at boosting industrial development, trade and export competitiveness in Ghana. The over 27 million euro programme is scheduled to be implemented from 2019 to 2022 and will also help Ghana leverage additional investment by facilitating the mobilisation of partners and resources to achieve larger development impact. The Country Programme (CP) which will constitute the reference framework for UNIDO technical cooperation activities with Ghana, is aligned with the National Development Agenda including Ghana beyond aid, vision 2020 and focuses on high growth potential sectors to achieve the SDGs.…

Government has signed an agreement with the United Nations Industrial Development Organization(UNIDO) aimed at boosting industrial development, trade and export competitiveness in Ghana. The over 27 million euro programme is scheduled to be implemented from 2019 to 2022 and will also help Ghana leverage additional investment by facilitating the mobilisation of partners and resources to achieve larger development impact. The Country Programme (CP) which will constitute the reference framework for UNIDO technical cooperation activities with Ghana, is aligned with the National Development Agenda including Ghana beyond aid, vision 2020 and focuses on high growth potential sectors to achieve the SDGs.…

President Nana Akufo-Addo has appointed private legal practitioner Dr Alexander Y. Adusei Jr as Director for Keta Port. Transport Minister Kwaku Ofori Asiama who announced the appointment in a letter dated March 19, 2019 asked the Chairman of the Ghana Ports and Harbours Authority to “take the necessary action to give effect” to the appointment. Government in April last year signed an agreement with Diamond Cement Ghana Limited to begin the construction of a port at Keta in the Volta Region. The jetty port when completed will see Keta port handle vessels to ease congestion at the Tema and Takoradi…

The Securities and Exchange Commission (SEC) has cautioned the public and investors that they risk losing their investments in crypto currency schemes and activities because they are, unregistered, unlicensed and unregulated under the Securities Law of Ghana.   A statement issued by the Commission Friday and signed by the Director-General, the Reverend Daniel Ogbarmey Tetteh, said its attention had been drawn to a fast growing interest in the issue, investment and trading in crypto currencies. “The above-mentioned activities offered by unregistered and unlicensed entities on digital on-line trading platforms with promises of high returns on investment are not sanctioned nor registered…

The Securities and Exchange Commission (SEC) has cautioned the public and investors that they risk losing their investments in crypto currency schemes and activities because they are, unregistered, unlicensed and unregulated under the Securities Law of Ghana.   A statement issued by the Commission Friday and signed by the Director-General, the Reverend Daniel Ogbarmey Tetteh, said its attention had been drawn to a fast growing interest in the issue, investment and trading in crypto currencies. “The above-mentioned activities offered by unregistered and unlicensed entities on digital on-line trading platforms with promises of high returns on investment are not sanctioned nor registered…

The Progressive People’s Party (PPP) has objected to the idea of re-registration of voters, and asked the Electoral Commission to use data from the National Identification Authority to compile a new voters’ register. The EC in a communiqué Wednesday announced a decision to compile a new register for the 2020 presidential and parliamentary elections. But the PPP said Friday that the “compilation of a new voters register has never and will never solve the problem of a bloated register”. It said the excuse that a new register will deal with the issue of a bloated register is a façade, as…

Ghana’s stocks are the worst-performers globally in the first quarter after a sell-off by foreign investors hobbled the local currency and demand from local institutional investors dried up. The Ghana Stock Exchange Composite Index has lost more than 14 percent this year, making it the laggard in dollar terms among 94 global equities benchmarks tracked by Bloomberg. The index advanced for a first day in three on Friday, gaining 1.4 percent to 2,415.2 at 2:34 p.m. in the capital, Accra. Ripple Effect Currency collapse sends Ghanaian stocks to world’s worst performance. Ghana’s impending exit from a four-year International Monetary Fund…

Ghana’s stocks are the worst-performers globally in the first quarter after a sell-off by foreign investors hobbled the local currency and demand from local institutional investors dried up. The Ghana Stock Exchange Composite Index has lost more than 14 percent this year, making it the laggard in dollar terms among 94 global equities benchmarks tracked by Bloomberg. The index advanced for a first day in three on Friday, gaining 1.4 percent to 2,415.2 at 2:34 p.m. in the capital, Accra. Ripple Effect Currency collapse sends Ghanaian stocks to world’s worst performance. Ghana’s impending exit from a four-year International Monetary Fund…

MPs have rejected Theresa May’s EU withdrawal agreement on the day the UK was due to leave the EU. The government lost by 344 votes to 286, a margin of 58. It means the UK has missed an EU deadline to delay Brexit to 22 May and leave with a deal. The prime minister said the UK would have to find “an alternative way forward”, which was “almost certain” to involve holding European elections. Thousands of Leave supporters gathered outside Parliament to protest against the delay to Brexit, bringing traffic to a standstill. Mrs May now has until 12 April…

Some members of the University Teachers Association of Ghana (UTAG) at the University of Education Winneba are demanding the resignation of their national president, Dr Eric Opoku Mensah over claims he incited the protest that turned violent early this month. What started as a peaceful protest by students of UEW to get their sacked lecturers reinstated turned violent on March…after the police fired teargas and warning shots to push back the protestors. Some students were injured in the protest that resulted in destruction of the university’s properties leading to the immediate shut down of Winneba and Ajumako campuses of the…