BOST to pay about ¢10m as judgement debt

An Accra High Court has ordered Bulk Oil Storage and Transportation (BOST) to pay a total of ¢9,962,118.84 to Hask Oil Company Limited as the interest accrued on a bank facility they took, while their products were in the custody of BOST, the defendant. This is because of BOST’s refusal …

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Students loan beneficiaries to increase to 60 per cent

Beneficiaries of the students’ loan are expected to increase from 10 per cent to 60 per cent when the ‘no guarantor policy’ takes off this academic year. Currently, only about 10 per cent of eligible students in public and private tertiary institutions benefit from the loans trust fund. However, the …

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GHACEM unveils $100m investment plan for expansion

Ghacem, Ghana’s oldest producer of cement, has unveiled a $100 million investment programme to expand operations to meet the rising demand. The investment which starts immediately with the upgrade of its factories in Tema and Takoradi is aimed at enhancing the production capacity of the plants to produce more to …

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National Service Personnel call for allowance increment

The National President of the National Service Personnel Association (NASPA), Mr Emmanuel Brimpong Akosah has appealed to the Government to consider increasing the allowance paid to Service Personnel to enable them make a meaningful living. He noted that the minimum wage has been increased and looking at the fact that …

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Buduburam Camp to go down

The Buduburam Camp, which for over two decades served as home for refugees, is to be demolished to pave the way for the redevelopment of the area. The place will be developed to have a senior high school, a residential community and a modern market. The camp, which was decommissioned …

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