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Ghana Card is valid for business

The National Identification Authority (NIA) has directed all institutions to accept the Ghana Card as an official and legal form of identification by Ghanaians to access any service. The authority said it had already made a report to the Bank of Ghana (BoG) to caution banks that were not accepting …

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Deal agreed to pay more to poor cocoa farmers

Ivory Coast and Ghana, the world’s biggest exporters of cocoa, have agreed a deal to sell the commodity with an additional living income premium of $400 (£320) a tonne added to the price. The scheme aims to work with the world’s chocolate makers in making sure farmers are lifted out …

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Oil prices soar after attacks on Saudi facilities

Oil prices hit their highest in four months after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply. At the start of trading, Brent crude jumped 19% to $71.95 a barrel, while the other major benchmark, West Texas Intermediate, rose 15% to $63.34. …

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BoG sacks staff for bribery and corruption

A senior staff at the Bank of Ghana (BoG), Mr Gilbert Addy, has been sacked for gross misconduct and corrupt practices in relation to the award of the Ghana Retail Payment Systems Infrastructure contract to Sibton Switch Systems Limited in 2016. He is said to have received GH¢410,000 from Sibton …

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Restructuring at Vodafone Ghana affects over 100 workers

A restructuring exercise at Vodafone Ghana has impacted on some roles and Graphic Online has gathered that over 100 jobs at the telecom company have been affected. The affected staff and management have since agreed on the severance packages and Graphic Online gathers there are however some workers who are not happy about …

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NPP MP hails Jospong, urges support for company

The Chairman of the Parliamentary Select Committee on Environment, Science, Technology and Innovation Yaw Addo Frimpong has called on political leaders and all stakeholders to support the Jospong group of companies. The Manso-Adubia MP praised the Group for its immense investments into the waste management, environmental and sanitation industry in …

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Two arrested for altering expiry dates of canned Lucozade

Two persons have been arrested in Accra for changing the expiry dates of canned Lucozade energy drinks. They were arrested last Saturday, September 7, 2019, by officers of the Food and Drugs Authority at Andiana Royal Ventures, a warehouse in Hong Kong, near Lapaz. A statement issued Wednesday and signed …

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British Airways strike sees fares rise by up to 2,200%

This week’s British Airways strike has caused chaos for an estimated 280,000 passengers who were due to fly with the airline. But it has also rocketed up fares to destinations around the world by up to 2,200%, leaving the UK isolated amid sold-out routes and stratospherically priced flights. While air …

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Farmers to get more support from rural banks

Twenty-four rural and community bank managers across Ghana have pledged their commitment to offer credit facilities to farmers with Warehouse Receipts from certified warehouses. The bank managers also indicated that giving more loans to the farmers will enable them to increase their agricultural portfolios while supporting farmers to produce more food …

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