Corruption is costing Ghana’s economy GH¢13.5 billion annually, a United Nations Development Programme (UNDP) report reveals. The menace is costing the global economy $3.6 billion dollars – a sum equivalent to more than five per cent of the global Gross Domestic product (GDP). In developing countries, fund lost to corruption are estimated 10 times the … The post Corruption
Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, have announced significant oil discovery following its maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana. Springfield has more than doubled its discovered oil in place volume to 1.5 billion barrels … The post Springfield
Public and Private Entities who fail to keep proper records will be handed over to the Office of the Special Prosecutor (OSP) and the Attorney General for prosecution, beginning next year. Mr. Frank Mante, Acting Chief Executive Officer of the Public Procurement Authority (PPA), has therefore advised entities to keep proper documentation for assessment by … The post PPA
In Laura Ingalls Wilder’s view “the real things haven’t changed. It is still best, to be honest, and truthful; to make the most of what we have; to be happy with simple pleasures, and have courage when things go wrong.” There is a narrative around health information especially health inputs and how politicians spin these … The post Spin
An Accra High Court hearing the trial of Dr Stephen Opuni, the former CEO of COCOBOD and Seidu Agongo, the CEO of Agricult Ghana Limited has adjourned the matter to January 9, 2020 for continuation. Justice Clemence Honyenugah, an Appeal Court Judge, sitting as an additional High Court Judge adjourned the matter because Mr Benson … The post Opuni trial: Court adjourns
The Ghana Civil Aviation Authority (GCAA) on Tuesday held a flag raising parade and exhibition to mark the 75th International Civil Aviation Organisations (ICAO) Day in Accra. The celebration, themed “75 years of connecting the world”, was to reflect the scale of aviation industry’s socio-economic impact as the fastest and most effective means of connecting … The post Air
Ghanaian butchers should stop the use of harmful chemicals in meat processing forthwith, Madam Cecilia Abena Dapaah, Minister of Sanitation and Water Resources, has advised. The use of car tyres in singeing meat, among other harmful meat processing practices, according to the Minister, was deadly, because it posed health hazards to those who consumed such … The post Minister
Emmanuel Codjoe, Senior lecturer, Economics Department, University of Ghana, has called on organisations to think together and address potential risks to maximise the benefits of implementing the African Continental Free Trade Agreement (AfCFTA). Dr Codjoe said there was the need for bold, accountable, predictable and active policy implementation, which required government to play a key … The post Need
Mr Abdallah Ali Nakyea, the Managing Partner Ali-Nakyea and Associates, has said indirect taxes add to the cost of doing business in the country because corporate institutions transfer such taxes to consumers. He said this had a direct effect on the cost of commodities on the market. He said this in a presentation at the … The post Indirect taxes add to cost of businesses
The Ministry of Fisheries and Aquaculture Development (MoFAD)has launched Canoe Identification Card (CIC) for easy identification of all operational canoes in the fisheries sector. The cards will bear Unique Response codes that are readable with a mobile phone application. The cards contain basic information such as the name of canoe owner, canoe number, name, length … The post Ministry
The Afram Community Bank (ACB) recorded a profit of GH¢664,606.00 in 2018 as against GH¢691,014.00 in 2017, a decrease of 3.8 per cent, which has been attributed to unstable economic challenges. However, the Bank grew its income from GH¢2,848,807 in 2017 to GH¢3,804,996, representing an increase of 33.5 per cent in the financial year under … The post Afram Community Bank’s
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS