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No worries over paperless port system breakdown – GPHA

Authorities have assured of pragmatic measures to curtail any system failures that will arise as a result of the paperless port system scheduled to start on September 1. Among some of the concerns raised by various agents is the possibility of a system breakdown. However, General Manager in charge of Marketing and Corporate Affairs at the Ghana Ports and Harbours Authority (GPHA), Esther Gyebi-Donkor, has r ...

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Posterity will judge Nyinahini youth – Ex-DCE

Stephen Yeboah, former District Chief Executive for Atwima Mponua District in the Ashanti Region, has said the youth of Nyinahini who have petitioned the Minister of Lands and Natural Resources, John Peter Amewu, against granting a mining lease to Exton Cubic Group Limited – the company using equipment belonging to Engineers and Planners (E&P) to operate – will regret their actions. According to him, th ...

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Akufo-Addo to launch 1D1F August 25

President Nana Addo Dankwa Akufo-Addo, will on Friday 25th August, 2017 launch his government’s flagship policy termed ”One District One Factory” at Ekumfi in the Central Region. The programme will be the formal launch of the implementation of the One District One Factory policy in fulfillment of a pledge by Mr Akufo-Addo to see the actualisation of the industrialisation of Ghana as part of the transformati ...

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MTN goes into waste recycling

As part of an environmental sustainability initiative dubbed “Green Office”, MTN is segregating waste for recycling at its MTN House headquarters building. This endeavour is in partnership with Jekora Ventures, a waste management company. Since the commencement of the project in February 2017, 27% of the total waste generated at MTN House has been segregated for recycling. To facilitate the process, MTN has ...

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UT, Capital collapse ‘unfortunate’ – Nduom

Business consultant, Dr Papa Kwesi Nduom, has expressed sadness over the collapse of the Capital and UT banks which were setup by Ghanaians. “… It is not good to see. I want to see indigenous banks thrive because in any country where indigenous banks are big and become bigger and stronger, they tend to fund the development and the prosperity of the nation, not the foreign ones,” he said on Tuesday, August 2 ...

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Uber operating illegally – Taxi drivers

The Commercial Taxi Drivers Association has petitioned the Minister of Transport, Kweku Ofori Asiamah, over the operations of Uber commercial transport services in the country. According to the group, Uber is operating illegally by using private cars for commercial purposes contrary to the Road Traffic Act LI. 2012 Reg. 141 (1)(b)2180. The association, in a statement, said it is illegal for Uber cars to ope ...

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People who “look like insult” now “insulting me” – Otabil

Founder of the International Central Gospel Church (ICGC), Pastor Mensa Otabil has told his congregation that people who have no right to even mention his name in their speech are now freely hurling insults at him due to the central bank’s recent takeover of Capital Bank, of which ICGC owns 3% interest. Using the bad news as an example to encourage himself and his congregation on Sunday, 20 August 2017 abou ...

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Otabil: I’ll bounce back “as gold”

Founder of the International Central Gospel Church (ICGC), Pastor Mensa Otabil has told his congregation on Sunday, 20 August 2017 that he clung to God’s promise of perfect peace even in the middle of storms, to shake off the bad news of the collapse of Capital Bank, of which ICGC, represented by himself, owned 3%. He said he was trusting God to get him out of the situation so he could bounce back “as gold” ...

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BoG’s supervisory role not the best – Chaie

Former Member of Parliament for Ablekuma Central, Theophilus Tetteh Chaie, has indicated that the Bank of Ghana has not played its supervisory role in the banking sector effectively. For him, if the Central Bank had played its role well, the closure of the UT and Capital banks would not have occurred. The Bank of Ghana announced that GCB Bank has taken over UT Bank Ltd and Capital Bank Ltd as the two banks ...

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Probe UT, Capital closure objectively – Lecturer

The Bank of Ghana must, as a matter of urgency, institute objective investigations into circumstances that led to the closure of the UT and Capital banks, Dr Ahmed Jinapor, a senior lecturer at the University of Education Winneba (UEW), has said. According to him, the findings of such an investigation will measure the activities of other banks in the country in order to protect the integrity of the banking ...

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