State-owned Enterprises (SOEs) in the country recorded a net loss of GH¢1.29 billion last year, the State Ownership Report has revealed. The report, launched in Accra on Thursday,  however, said that the losses were a reduction over similar losses recorded in 2016. According to the report, the bane of SOEs was their chronic inability to contain costs, as their aggregate operating ...

The People’s Democratic Movement (PDM) has been launched to facilitate political, democratic and socioeconomic change in Ghana. PDM would ensure the “redemption, reconstruction and rebirth of the Republic of Ghana.” The movement is optimistic Ghana can be developed into a modern nation that will harness its natural resources for effective development. Accordingly, the PDM also is expected to help Ghana ...

The alarming presence of many unauthorised U-turns along the Pokuase-Nsawam dual carriageway, which is part of the Accra-Kumasi highway, has triggered indiscipline on the busy highway and compromised the safety of road users. On a daily basis, drivers of private and commercial vehicles, especially trotros, taxis and articulated trucks, use the illegal U-turns to avoid heavy traffic that mounts on ...

The Food and Drugs Authority (FDA) has been urged to ban the sale of herbal medicines with preparation from certain plants containing pyrrolizidine alkaloid (PA), a dangerous toxin that destroys the liver. According to a lecturer at the Department of Food Science and Technology at the Ho Technical University (HTU), Dr Emmanuel Letsyo, in spite of the poisonous nature of ...

Mr Sam Ntalemo, the Representative of the International Plan Parenthood Federation, Africa Region, has called on African leaders to invest in Sexual and Reproductive Health and Rights (SRHR) of their citizenry. He said with the right investments, young people, especially girls, would be in school to prepare them for their responsibilities as citizens and foster a healthy and productive working ...

The Neonatal Unit of the Sunyani Regional Hospital in the Brong Ahafo Region recorded a total of 54 deaths within the first six months of the year due to the lack of incubators at the referral facility. Even though the unit receives about seven pre-term babies a day, it only has four incubators, thereby compelling health personnel to tuck up ...

The Vision for Alternative Development (VALD), a non-governmental organisation, has commended the Food and Drugs Authority, (FDA) for the implementation of pictorial health warning on cigarette packages. It expressed gratitude to the FDA for keeping to its commitment to introducing the pictorial warnings on Ghana’s cigarette packages. The VALD, which is a non-governmental organisation into curbing the use of tobacco ...

Ghana’s real estate sector is once again being battered by the falling value of the Ghana cedi against major trading currencies and rising import charges. Speaking to Business Finder, Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor said the fall in the value of the cedi is badly affecting players in the sector because most of ...

Despite the depreciation of the cedi, foreign currency deposits with banks grew by 18.3 percent in August 2018 compared with 6.4 percent and 6.2 percent growth respectively in June and May 2018. According to the latest Bank of Ghana’s Summary of Macroeconomic and Financial Data, foreign currency deposits also grew by 15.4 percent in July 2018. The recent growth might ...

Mr Sulemana Braimah, Executive Director, Media Foundation for West Africa (MFWA), has called for the digital empowerment of the citizens of African countries to enable them to demand accountability from their leaders through the internet. He said the internet was an effective tool, which would enable the citizens to participate in the democratic governance of their nations and also demand ...