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Petroleum prices to go up between 3 and 5 per cent

The Institute for Energy Security (IES) is predicting an increase in petroleum prices in the next pricing window. The increase is expected to be between three and five per cent. The IES, in a press release, said indicators recorded in the first pricing window pointed to a negative impact on …

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NIC bars 2 insurance companies from operation

BY OSEI OWUSU AMANKWAAH THE NATIONAL Insurance Commission (NIC) has barred two insurance companies from full operation. It has also extended its deadline till end of 2018 for companies to meet its increased minimum capital gain. The Insurance Act requires that all insurance and reinsurance companies meet a minimum capital …

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Ministry of Energy reacts to claims by Minority

THE MINISTRY of Energy has reacted to some claims by the Minority in Parliament at a recent press briefing addressed by the spokesperson on energy, Mr Adam Mutawakilu. In a statement signed by Nana Damoah, head, communications at the Ministry and copied to the DAILY HERITAGE, the ministry rubbished claims …

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Press Release: Fuel Prices Up By 4%- COPEC Announces

Contrary to an earlier notice on January 1, 2018 by the National Petroleum Authority, indicating some interventions to keep fuel prices stable at the pumps through the month of January, we can confirm that fuel prices across some pumps have been adjusted by as much as 4%, today the 4th …

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Second Deputy Governor For Bank of Ghana Resigns

Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama, has finally tendered in his resignation letter. This should mean that he has officially vacated the position he has held at the central bank over the past year. In December of 2017, there were media reports about his resignation …

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SSNIT Increases Monthly Pension Pay By 10%

The Social Security and National Insurance (SSNIT), has increased the monthly pension by 10% effective January 2018. This means that current pensioners on the SSNIT Pension payroll as at December 2017 will have their pensions increased by 10%. The move is in accordance with Section 80 of the National Pensions Act 2008 (Act 766). For …

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FC Cake bread in high demand .Chief Imam receives another 300 pieces

  BY MUNTALLA INUSAH muntalla.inusah@dailyheritage.com.gh THE LEADERSHIP of Trinity VIP Bakery owners of the FC Cake Bread has made massive donation of their latest bread to the National Chief Imam His Eminence Sheikh Dr Osmanu Nuhu Sharubutu when he celebrated the birth of Prophet Mohammmed. Pastor Kwesi Duah, the Public Relations …

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Inflation rises to 11.7% in Nov.

BY ROSEMOND BOATENG ADDAI Rosemond.adjetey@yahoo.com   THE CONSUMER Price Index (CPI) which measures the change over time in the general price level of goods and services that households acquire for the purpose of consumption for the month of November 2017was  recorded as 11.7%. Mr Baah Wadieh, Acting Government Statistician of Ghana …

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BIMA, Prudential Life & Tigo reward insurance customers

BY ROLAND B TAMAKLOE THE CHIEF Executive Officer (CEO) of Prudential Life Insurance Ghana, Mr Emmanuel Mokobi Aryee, has said its insurance package is real. The insurance package put together by BIMA, AirtelTigo (formerly Tigo) and Prudential Life was to help better the lives of many Ghanaians as possible and …

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MTN Foundation to give scholarship to 300 students

BY ROSEMOND BOATENG ADDAI rosemond.adjetey@yahoo.com THREE HUNDRED universities students will be privileged to enjoy free scholarship scheme packages under the sponsorship of MTN Foundation Ghana, which will take effect in 2018 academic year. Briefing some members of the Journalists for Business Advocacy (JBA) in MTN House, Accra, Mrs Georgina Asare …

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