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Eurozone approves new $173B bailout for Greece

(CNN) — Eurozone finance ministers sealed a deal Tuesday morning for a second bailout for Greece, including €130 billion ($173 billion) in new financing. The finance ministers from the 17 nations that use the euro, known as the Eurogroup, gave Greece the funding it needs to avoid a potential default next month. While this new [...]

Over 7.5 million mobile phone numbers face deactivation

More than 7.5 million mobile phone numbers in Ghana are likely to be deactivated come March 3, 2012, the legally set date by which all SIM cards in country should have been registered. The latest Summary of Data Verification for the SIM registration, available from the National Communication Authority (NCA), indicates that as at February [...]

Ghana exports 62,000 tonnes bananas

Local producers in Ghana exported 62,000 tonnes of bananas to the Eurozone last year. Bananas are the most exported fruits in terms of volume and they rank second after citrus fruit in terms of value. In 2010, Ghana exported 52,000 tonnes of banana to mostly European countries, representing just one percent of the total export [...]

TUC Calls Off Strike After 20% Reduction In Petrol Prices

The Ghana Trades Union Congress (TUC) has called of its intended strike which was originally scheduled for the 9th of February. According to the TUC, their resolution to call off the strike was as a result of government’s decision to reduce petroleum prices by 20 per cent for petrol, diesel and LPG. The TUC in [...]

Transport fares unlikely to go down

Accra, Feb 6, GNA – Transport fares are unlikely to go down despite a 20 per cent reduction in fuel prices, Mr Mathew Hayford, Chairman of the Road Coordination Council, has said. “We are yet to meet over the matter, but it is unlikely we will see any downward review of transport fares,” he told [...]

Government appeals to labour over fuel subsidies

Government has appealed to organized labour to exercise restraint as the latter threatens to hit the streets next week. The Ghana Trades Union Congress which is leading the demonstration is unhappy about government’s handling of their demand for the restoration of fuel subsidies following the recent increase in prices of petroleum products. It will be [...]

Illegal operation of non Ghanaian traders slammed

Accra, Jan 25, GNA – Activities of non-Ghanaian traders has been slammed for non compliance of the provision of the Ghana Investment Promotion Centre (GIPC) Act. A statement issued on Wednesday by the Office of the Vice President and signed by Mr L.B Tusoe, acting Secretary at the office said “ the activities of some [...]

Members of ECOWAS Parliament deliberate implementation of ECOWAS agriculture policy

Accra, Jan 23, GNA – Mrs Joyce Adeline Bamford-Addo, Speaker of Parliament on Monday opened a five-day meeting of the Joint committee on agriculture, environment, water resources and rural development infrastructure and industrial development of the ECOWAS Parliament in Accra. It is under the theme; Implementation of the ECOWAS Agricultural Policy: In the Context of [...]

GMA to meet on salary distortions arising from SSSS

Accra, Jan. 23, GNA – The Ghana Medical Association (GMA) Council will this week meet and declare its official position on the distortions created following the migration of doctors and other health professionals onto the Single Spine Salary Structure (SSSS). The meeting, which is one of its usual Council meetings, will among other issues discuss [...]

Court stops NLA from restraining companies in lottery promotions.

An Accra High court presided over by Justice Ofori-Atta has ruled that the National Lottery Authority, NLA doesn’t have the powers to prosecute any business that engages in Lottery. According to the judge, any business said to have fallen short of the lottery act, should instead be impeached by the Attorney General because it constitutes [...]

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