Author: newsfilegh

In what may appear to be a disappointing news for industry, some economists are predicting that the central bank will maintain the monetary policy rate in its next review instead of further reducing it as has been the trend. The monetary policy committee Friday began its 76th policy meeting to review some developments in the economy to announce a new policy rate, with the prime objective of ensuring price stability and low inflation and support output and employment growth. The policy rate measures the rate at which the central bank lends to commercial banks, of which industry can also access.…

US President Donald Trump has arrived in Saudi Arabia on his first foreign trip since becoming president. His eight-day trip will also take in Israel, the Palestinian territories, Brussels, the Vatican, and Sicily. It comes as Mr Trump faces uproar at homefollowing his sacking of FBI director James Comey. He has strongly criticised the decision to appoint a special counsel to oversee an inquiry into alleged Russian influence on the US election. The trip takes in the capitals of the three major monotheistic religions – Islam, Judaism and Christianity. Hours before Mr Trump’s arrival, Saudi air defence units said they…

The final elimination, which took place at the International Trade Fair Centre, last Saturday, the 13th may, 2017, paves way for a power packed lift off of seasons 6 edition of Ghana’s Strongest. The competition is an annual event held by TV3, which of course, has seen successful auditions in these respective cities: Tamale, Kumasi, Takoradi, and Accra. And after the tireless search, here are our twelve (12) athletes who have qualified for the main show. Damian Smith Mustapha Arhin Godfred Akolbilah Nana Kwasi Boating Francis Amonoo Raymond Robertson Dr.Neidow Alhassan Donstar Nyamebeye Luscious Mebewang Victor Ampofo Ahmed Boakye Fuseini…

The ministry of health has confirmed the closure of newly refurbished the Accra Regional Hospital also known as the Ridge hospital three days after it was opened to the public by the Health Minister, Kweku Agyeman Manu. Meanwhile the Ministry says plans are far advanced to get the ultra modern facility partially functional from Monday May 22, 2017. TV3 has intercepted a leaked document presented to the Director General of the Ghana Health Service indicating tools and equipment needed before the facility commences full operation. A visit to the hospital on Friday showed office doors shut, the main entrance closed…

The President, Nana Addo Dankwa Akufo-Addo, has indicated that his government is in the process of identifying alternative sources of livelihood for persons involved in illegal mining activities, popularly referred to as ‘galamsey’, across the country. According to President Akufo-Addo, a cabinet committee has been established, and headed by the Minister for Environment, Science, Technology and Innovation, Prof. Kwabena Frimping Boateng, to this effect. The committee, he added, will also implement to the letter government’s strategy on combating the illegal mining menace. Addressing the Ghanaian community resident in Conakry, on Thursday, May 18, 2017, the 2nd day of his 3-day…

The Asantehene, Otumfuo Osei Tutu II, has suggested that Ghana’s Heritage Fund be used as collateral to help support Ghanaian industries. The Fund is a creation under the Petroleum Revenue Management Act (Act 815), 2011, to set aside a portion of the country’s petroleum revenue for the benefit of future generation. Whilst expressing worry at the stress private ventures go through in securing loans for expansion, the Asantehene believes the Heritage Fund can be used as collateral to help the sector access enough credits for business expansion. “The bank is not ready to give long term loans to the agriculture…

A 41-year-old man who claims to be a qualified nurse, and allegedly been operating an abortion joint at Chorkor Lante Maami in Accra has been arrested. Godwin Kwame Adadzawa was said to have locked up one of his victims, a 22-year-old student, for four days and sexually assaulted her to compensate for her inability to foot her abortion bills. Hospital equipment, believed to be used for the illegal abortion, including what looks like surgical scissors, were retrieved from the suspect’s make-shift joint which has been disguised as a pharmacy shop, the Police said. Adadzawa who was arrested Thursday following a…

The Deputy Minister of Food and Agriculture has revealed that the fall armyworms have now affected all the ten regions of Ghana. The last region, which is the Volta was affected on Thursday, William Quaitoo Agyapong told Onua FM’s Yensempa morning show hosted by Nana Yaw Opare on Friday. The alarming rate at which the worms are spreading though poses a serious threat to the nation’s food security, the Minister of Food and Agriculture, Dr. Akoto Afriyie has assured that measures are in place to forestall any food shortage. Report suggests that about 6,000 hectors of maize farm have already been…

Ghana Oil Company limited (GOIL) recorded a turnover of GHC2,645.441 million, representing 26. 95 per cent in 2016, with a net profit of GHC35. 256 million in the same year. The company also increased its market share from 13.6 per cent in 2009 to 18.2 per cent in 2016 to become the market leader. Between the same period, GOIL achieved 95.8 per cent of its fuel sales targets despite stiff competition from other companies. It again grew the sale of Liquefied Petroleum Gas by 30 per cent in 2015 while lubricant sales also grew by 11 per cent. Meanwhile, it has earmarked…

After thirteen weeks of talent display, nine year old Erica Tandoh popularly known as DJ Switch returned home to present her deserving award to the Chiefs and the town folks of Dadieso in the Suaman District of the Western Region. The record setter in Ghana’s entertainment industry, DJ Switch of TV3’s Talented Kidz reality show fame was heralded by a pool of crowd from her home town and other nearby towns welcoming her for the exquisite performances and also emerging as the winner of Season 8 of the talent discovering show. At a durbar organized by Suaman Traditional Council to…