Investigators in Germany launched a tax raid operation at 15 locations throughout the country on Wednesday on the back of findings from the Panama Papers, which detailed offshore tax evasion schemes back in 2016. Prosecutors in Frankfurt said the raids targeted residential properties of eight wealthy individuals and 11 banks, as well as the commercial spaces of … The post Panama
The year-on-year inflation rate rises slightly to 9.5 per cent in April from 9.3 per cent in March on account of increases in inflation rate of the non-food group. Mr David Yenukwa Kombat, the Deputy Government Statistician, at a press briefing in Accra, said the monthly change in April was 1.1 per cent, compared to … The post Ghana inflation rate rises slightly
ONEGO, an Investment Consulting Firm based in China, has begun negotiations with some key stakeholders to establish an ultra-modern industrial city in the Central Region. The city would be built on 10,000 to 25,000 acres coastal lands with the capacity of accommodating more than 100 different manufacturing enterprises. It would have a minimum capacity of … The post China
President Nana Addo Dankwa Akufo-Addo has called on Ghanaians to disregard attempts by critics to discourage the implementation of the Free Senior High School policy and support it. He said the policy was one of the most important undertakings by his administration towards developing the human resource of the nation, and that the programme would … The post We are
Professor Kwame Addo, a Development Architect, has launched a continental roadmap capturing aspirations of Africa’s potentials to enable countries know their resource base. The visual documentations give a vivid outlook of Ghana, West Africa and the entire African continent’s natural resources, which could reveal lasting opportunities for development. The roadmap revealed key resources, potential zones … The post Ghana
Madam Justina Owusu-Banahene, the President’s nominee for the position of Municipal Chief Executive (MCE)for the Sunyani has been overwhelmingly endorsed. All the 47 assembly members present gave Madam Owusu-Banahene the nod as MCE for the assembly. She thus becomes the second female MCE after Mrs Evelyn AmaKumi-Richardson who was recently elevated to the position of … The post Sunyani
Mr Ishmael Yamson, Chairman of MTN Ghana Tuesday said the company recorded a strong financial performance in 2018 with profit before tax increasing by 16.5 per cent to GH¢1.6 billion, while earnings per share was GH¢0.067. He said the performance was a testament to the disciplined execution of the company’s strategy of maintaining a strong … The post MTN Ghana records
Dr Yaw Adu-Ampomah, a Prosecution Witness in the trial involving Dr Stephen Opuni and one other, has said then CEO of COCOBOD signed a letter requesting Agricult Ghana Limited to supply 700,000 litres of the liquid fertilizer. The cost of the 700,000 litres supply of the fertilizer was $19.250 million. Dr Adu-Ampomah, who is the … The post Dr
Dr Kwadwo Afari-Gyan, a former Chairman of the Electoral Commission, has cautioned election observers to be mindful of the fact that election observation is not a fault-finding mission but a fact-finding activity. He said a neutral stance facilitated collaboration between observer groups and election management bodies (EMBs) for the common purpose of achieving genuine democratic … The post Election
The Tema Oil Refinery, Ghana Ports and Harbours Authority and Ghana Shippers Authority have refused to help in the dredging of drains in Tema as the rains set in. Other major industries also ignored the request as they did not even bother to reply. The National Disaster Management Organization (NADMO) had pleaded for help in … The post TOR, GPHA and GSA snub NADMO appeared first
Mr Edward Yao Ameyibor, a former Supervising Chief Editor of the Ghana News Agency (GNA), has passed on at the age of 76. Mr Ameyibor, affectionately called (Oga) served the Agency in various capacities and was once its Correspondent in Lagos, Nigeria. He led the Ghana Journalists Association (GJA) as its President. Until his death, … The post Edward Ameyibor passes on appeared first
The Management of National Folklore Board has called on the public to seek permission from the Board, when using the country’s folklore outside the customary context and for commercial purposes. These folklores include music, dance, arts, designs, names, signs and symbols, performances, ceremonies, architectural forms, handicrafts and narratives. A statement issued in Accra by Nana … The post Seek
The Government has committed GH?200 million to address the perennial flooding challenge across the country to be used for desilting, excavation and construction works under the National Emergency Flood Control Works. The Ministry of Finance initially approved GH?5,500,000 for desilting/excavation works and later approved GH?194,500,000 for construction works on May 22 and July 27, last … The post Government
A total of 1,039 acres of prime lands occupied by residents of Nima and Maamobi in the Greater Accra Region would be upgraded into world-class residential enclave, which would be distributed free of charge to the residents. The project is expected to commence this year and would give meaning and beauty to the President’s vision … The post Government to build
The Tema Oil Refinery, Ghana Ports and Harbours Authority and Ghana Shippers Authority have refused to help in the dredging of drains in Tema as the rains set in. Other major industries also ignored the request as they did not even bother to reply. The National Disaster Management Organization (NADMO) had pleaded for help in … The post TOR, GPHA and GSA snub NADMO appeared first
The Forestry Commission has described as inaccurate a report by the World Resources Institute (WRI) claiming that Ghana witnessed a 60 per cent change in forest cover loss between 2017 and 2018. The Commission, in a statement, said the methodology used by the WRI to reach the conclusion was erroneous and did not capture the … The post Report on forest cover
Speakers at the ongoing 13th International Conference on HIV Treatment, Pathogenesis, and Prevention Research in Resource-Limited Settings (INTEREST) have called on Ghana to urgently source for local funds to support her HIV activities. They said since donor funds keeps dwindling, and continue to affect the implementation of HIV programmes in the country, the time has … The post Stakeholders
The United States in collaboration with the Government of Ghana (GoG) on Monday launched guidelines and regulations to strengthen the Ghanaian social welfare system. The launch, which had Mrs Cynthia Morrison, the Minister of Gender, Children, and Social Protection representing the GoG is expected to use the guidelines and regulations as tools to regulate residential … The post USA
Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector to create jobs and reduce unemployment in the country. “If the banks have long term adequate capital, as they have now, they will be able to support the oil sector and … The post Banks should support oil
The Ghana Railway Company Limited (GRCL) has completed the rehabilitation of five coaches and a narrow-gauge line from Accra to Nsawam and waiting for a pass from the Ghana Railway Development Authority (GRDA) to begin commercial operations. Mr John Essel, Managing Director of the GRCL, who announced this on Tuesday, said he was confident the … The post Accra-Nsawam
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