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Internet café operators in Kumasi have bemoaned over the poor patronage of their services, a situation they have attributed to the emergence of smart phones which have the abilities of providing the same internet services. They say, their services which are basically patronized by students for their academic research works,...
Information reaching Class News indicates that the Tema Oil Refinery (TOR) has sacked over 200 casual workers as part of a retrenchment exercise.Many more casual workers, according to sources familiar with happenings at TOR, are to go home.Though no official reason has yet been given for the move, the...
The Minister for Energy Boakye Agyarko has laid before parliament the concession agreement between the government of Ghana and Meralco Consortium for the privatization of the Electricity Company of Ghana (ECG). An approval by parliament will mean that ECG will be managed by the Philipino power company for the next...
In a rather disappointing twist of events, the Komenda Sugar Factory is now selling sugarcane at its 125-acre seedling plantation to distillers of the local alcoholic beverage popularly known as ‘akpeteshie’. The $35 million India EXIM Bank loan factory remains dormant, due to lack of funds. After an initial test-run...
Vice President Dr Mahamudu Bawumia has been appointed to the Board of the Global Partnership for Sustainable Development Data, based at the headquarters of the United Nations in New York, US. The Global Partnership for Sustainable Development Data (GPSDD) is a global network bringing together governments, the private sector, and...
The successes of the commercial motor cycles popularly known as "pragia, in Ghana has angered some taxi drivers who think that they are taking away their business. The communities  that Motor tricycles appears to have taken over the work of taxis and ‘trotro’ are  Aboabo, Adukrom Buoban Race Course, Doctor Mensah,...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says a strategic partnership between Ghana and South Africa is of the utmost importance, as it will empower the business communities of the two countries, as well as enhance the trade and investment relations between them. With West Africa and Africa’s...
Vice President, Dr. Mahamudu Bawumia has charged insurance companies in Ghana to intensify their public education efforts on the importance of insurance if they are to increase the uptake of insurance in Ghana. Addressing an event to outdoor the Enterprise Properties “Advantage Place”, An Architectural Masterpiece, built to reflect the...
The Chamber of Petroleum Consumers (COPEC) Ghana has asked the Energy Ministry to publish the report of the three-member investigatory committee it set up to probe the impasse at the Ghana Cylinder Manufacturing Company Limited (GCMCL). The energy think-tank is also calling for the immediate sacking of Frances Essiam as...
Ghana’s cedi currency hit a record low on Tuesday, due mainly to global pressures as investors continued to exit emerging-market assets. The currency of the major commodity exporter has weakened since the start of May, touching 4.8250 to the dollar on Tuesday. “It is a combination of emerging market assets sell-off...
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