Author Archives: larryehu

Barclays Ghana reintroduces “NewGold” investment product

Barclays Bank of Ghana, now Absa Ghana Limited, has reintroduced its NewGold Exchange Traded Fund (ETF) product affirmed by the Ghana Stock Exchange (GSE) & Security & Exchange Commission’s (SEC) as the only approved investment product that gives investors genuine exposure to gold. The reintroduction was made during the release of the 2018 Absa Africa Financial Markets Index report. Six ...

Read More »

Theresa May to face vote of no confidence from Tory MPs

UK Prime Minister Theresa May will face a vote of confidence in her leadership later on Wednesday. Speaking outside 10 Downing Street, Mrs May said: “I will contest that vote with everything I have got.” She said a new prime minister would have to scrap or extend Article 50, the mechanism taking Britain out of the EU on 29 March, ...

Read More »

Bawumia briefed GMA on drone project in Nov. – GHS replies doctors

The  director general of the Ghana Health Service Dr. Anthony Nsiah-Asare  has challenged claims by the Ghana Medical Association (GMA) that they were not consulted on the controversial drone agreement between the government of Ghana and Zipline Ghana Limited. According to him, Vice President Dr. Bawumia spent about 20 minutes explaining the drone project to members of the GMA at an event ...

Read More »

Suspend planned drone services – GMA

The Ghana Medical Association (GMA) has called on government to suspend the implementation of the planned distribution of blood and other essential health services by drones. The association says although it was not consulted before the drone agreement was signed by the government, it feels compelled to express its views on the development. Parliament Tuesday approved the controversial Drone Delivery ...

Read More »

Ghana wants to emulate Japan’s success story – Akufo-Addo

President Akufo-Addo, says Ghana has decided to turn its back on the old economy, which has been dependent on the production and export of raw materials, and also dependent on aid. According to President Akufo-Addo, “We want to emulate the story of the East Asian Miracle, which saw, from 1965 to 1990, the twenty-three (23) countries of East Asia, especially ...

Read More »

Kennedy Agyapong rubbishes medical drones

Member of Parliament (MP) for Assin Central, Kennedy Ohene Agyapong is not pleased with government’s decision to use dronetechnology to deliver blood and other health supplies nationwide. To him, the deal is a misplaced priority because the country has inadequate ambulances and lacks enough state-of-the-art health centres. “First things first; before you take the drone to deliver the drugs, you ...

Read More »

NDC Delegates have decided already – Ricketts-Hagan quits race

NDC Presidential hopeful Kweku Ricketts-Hagan has announced he is quitting the race because delegates of the party have chosen “another path” ahead of the January 2019 race. He becomes the third aspirant to leave the race after Kojo Bonsu and Elikplim L. Agbemava. In a statement the Member of Parliament said he will nonetheless continue to support the party to win the 2020 ...

Read More »

Ofori-Atta collapsed Mengzold because it’s a threat to his Databank – Maurice Ampaw

Controversial lawyer, Maurice Ampaw is alleging that Finance Minister, Ken Ofori-Atta in concert with the Bank of Ghana (BoG) and Securities and Exchange Commission (SEC) deliberately closed down gold trading hub, Menzgold because it threatened the existence of his Databank, MyNewsGh.com has learnt. Maurice Ampaw, his wife and family who have about GH¢1 million locked up with Menzgold, told Kumasi-based ...

Read More »