International airline Goldstar Air, the wings of Ghana will play an essential role in aviation and general insurance in Ghana, to avoid the provision of additional coverage assurance or reinsurance outside the country, as it looks forward to creating over one million indirect job opportunities for Ghanaians. The airline will work with the National Insurance Commission (NIC) in Ghana to assist in all big-ticket insurance coverage to be taken care of by a consortium of insurance companies in the country. The facultative reinsurance and reinsurance treaties are two types of reinsurance contracts. When it comes to facultative reinsurance the main…
Author: Kwame Stephen Yeboah
The government has announced plans to reintroduce road tolls in a bid to tackle a significant financing gap in road infrastructure, a development which is expected to generate substantial revenue for the sector. This proposal was disclosed by the Minister of Roads and Highways, Hon Francis Asenso-Boakye during a high-level panel discussion marking the 50th anniversary of the Ghana Highway Authority (GHA). Hon Asenso- Boakye stressed the critical role of road infrastructure in the socio-economic development of the country, noting that road transport accounts for approximately 95% of all transportation in Ghana. “The need for increased funding to the Road…
Winners to be named at NAB Show New York on October 9 The National Association of Broadcasters (NAB) announced the finalists for the 2024 NAB Marconi Radio Awards in a live streamed video. The winners will be recognized and honored at radio’s biggest night, the Marconi Awards Dinner, where the industry’s major players come together to celebrate excellence and recognize stations and individuals. The dinner will be held October 9 during NAB Show New York. Established in 1989 and named after inventor and Nobel Prize winner Guglielmo Marconi, the NAB Marconi Radio Awards are given to radio stations and outstanding…
B5 Plus, one of the largest steel manufacturing companies in Ghana, located in Tema, has been awarded the Exporter of the Year Award at this year’s Ghana Shippers Awards 2024. The Ghana Shippers Awards provide a platform to recognize individuals and companies that play a significant role in the growth and development of the industry, while also acknowledging key functions within the industry that promote growth and sustainability. The awards encompass various sectors, including road transportation, ocean carriers, air transportation, freight forwarding, shipping agents, express services, courier agencies, insurance, and financial institutions. In this year’s edition of the Ghana Shippers…
United States President Joe Biden has dropped out of the 2024 presidential run. In a move that takes the contest into uncharted terrain, the US president stated that he will not seek a second term. Instead, another Democrat must be picked to face Republican nominee Donald Trump in November, in a race already fraught with tension, division, and an assassination attempt. In a letter released today, Sunday July 21, 2024. President Biden stated that his decision not to seek re-election is in the best interest of the party and that he will address the country later to provide details on…
The Tema-based B5 Plus Limited, a leading steel company in Ghana, has emerged as the winner of the Manufacturing Steel Company of the Year award at this year’s Ghana-West Africa Business Excellence Awards 2024 ceremony. The Ghana-West Africa Business Excellence Awards, endorsed by the West Africa Chamber of Commerce and Industry and Strategic Accountancy Africa, provides a platform to recognize individuals and companies that contribute significantly to the development of various sectors. The awards recognize the industry’s merits and set a benchmark for excellence while rewarding innovative ideas that have pushed the boundaries of what is possible. The awards recognize…
The Parliament of Ghana, this afternoon, passed a bill establishing the National Roads Authority. This was after the Minister for Roads and Highways, Hon. Francis Asenso-Boakye had moved a motion in the house during the third reading of the National Roads Authority Bill. “The primary objective of this Bill is to establish the National Roads Authority, an autonomous body responsible for planning, developing, maintaining, and managing Ghana’s national road network,” the Minister stated. According to Hon. Asenso-Boakye, “this new entity will streamline the management of Ghana’s national roads by bringing together the three key agencies currently under the Ministry —…
The bells of freedom ring across the United States, and Goldstar Air, a registered company in Ghana and the United States, joins in celebrating America’s independence. On this 4th of July, we salute our President, Vice, and citizens and the sacrifices made by our heroes past. Remember that without the freedom received on the 4th of July 1776, America would not be the financial powerhouse we are today. The United States Independence Day holds a special place in the hearts of Americans around the world as we come together to celebrate the country with the ideals and principles that…
Ghanaian defender Abdul Jalilu, formerly of Dreams FC, has signed a two-year contract with Rwandan powerhouse Mukura Victory Sports. Jalilu, who played a key role in Dreams FC’s historic run to the CAF Confederation Cup semi-finals, has passed his medical and is set to join the Rwandan side for the upcoming season. Despite some criticism regarding his move, Jalilu has stated that his primary focus is on providing for his family, not chasing individual accolades. The 24-year-old amassed an impressive 133 appearances for Dreams FC, contributing 3 goals and 4 assists during his time with the club.
DPS International on Sunday the 23rd of June held a yoga session in the school’s auditorium where people of different ages ranging from kids to adults showed up to participate in yoga to commemorate the 10th edition of the International day of yoga. This year marks the 10th International Day of Yoga with the theme “Yoga for Self and Society.” Yoga, a transformative practice, represents the harmony of mind and body, the balance between thought and action, and the unity of restraint and fulfillment. It integrates the body, mind, spirit, and soul, offering a holistic approach to health and well-being…