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The General Overseer of Calvary Charismatic Center (CCC) Pastor Ransford Obeng, has urge Ghanaians to learn lessons from these infamous schemes so that they do not continue to suffer losses that may turn fatal in future. Sharing his views about the infamous Menzgold saga, Pastor Ransford Obeng sympathized with those...
Baby Jet Airlines is expected to begin operations in February 2019, Deputy Minister of Aviation, Kwabena Otchere Darko, has disclosed.The airline, which is owned by Black Stars Captain Asamoah Gyan, was expected to begin operations last year after it got its licence but did not, for unknown reasons.Speaking to...
Some aggrieved customers of Menzgold Ghana Limited will later today , stage the first of a series of demonstrations it threatened to embark on in the Ashanti Region capital, Kumasi. Despite signs that the company may not be able to conveniently pay them their locked up monies, the customers...
The Chief Executive Officer of troubled gold firm Menzgold, Nana Appiah Mensah has reportedly breached his bail conditions and absconded, Gabby Otchere Darko has claimed. The disclosure by the President’s cousin comes after a threat by aggrieved customers of the Menzgold that they will vote against the ruling party if...
The National Petroleum Authority (NPA) has disclosed that Ghana loses about 850 million cedis annually in taxes, due to the increased activities of fuel smugglers into and out of the country. The illegal act is said to involve operators who ply their business at the ports by fuelling tanks with...
Seth Terkpe,finance minister Seth Terkper, Minister of Finance, on Thursday October 20, laid a paper containing details of the government’s budget for the first quarter of 2017 before parliament. The paper has been referred to the Finance Committee of Parliament. The committee is expected to present its report on the...
Traders at the Bantama Market in Kumasi have gone high on the Kumasi Metropolitan Assembly over what they described as inhumane treatment meted out to them by the Assembly. The angered traders expressed their displeasure on the "unlawful" attempt by the KMA to demolish the Bantama market without a formal...
Government has announced an increment in cocoa price per bag from Gh¢425 to Gh¢475 effective October 1, 2016.A deputy Finance Minister, Cassiel Ato Forson, announced the 2016/17 cocoa price at the 2016 Cocoa Day celebrations at Tepa in the Ahafo Ano North District of the Ashanti region. The event...
The Minority MPs had written to the International Monetary Fund (IMF) with a copy to the World Bank to stop the deal on grounds that it is ‘illegal’.The IMF now thinks the $2 billion Sinohydro agreement with Ghana cannot be classified as a loan, documents sighted by Joy Business...
Information from central market and other markets in the Kumasi metropolis indicates that, there have been reductions of goods and services after the election of Nana Addo Dankwah Akufu Addo in the December 7, general elections. In an interview with OTEC FM news reporter Joel Arthur, some traders disclosed their...
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