The Pan-African multilateral financial institution that is financing and promoting intra- and extra-African trade, Afreximbank, has finalized a dual-tranche loan deal with the Ugandan government. In a press release copied to Ghana Business News, the Bank said it has concluded what it describes as a landmark 10-year, dual tranche facility of €200 million and $166 … The post Afreximbank
The Ministry of Finance says it will apply appropriate sanctions and penalties to Specified Entities for non-compliance to the Public Finance Management (PFM) and the State Interest Governance Authority (SIGA) Acts. The Ministry will further recommend the removal of Governing Boards that flout the Acts. The Ministry further stated that it would not consider requests for government support from Specified Entities that failed … The post Finance
About 3000 artisans and workers at the Arts Centre are on the verge of losing their jobs as authorities of the Marine Drive Project have directed them to vacate the centre by January 30. Mr Isaac Mensah, Chairman, Centres for National Culture Division of Public Services, at a press conference, said they had received a … The post 3,000 artisans and workers to
The Governing Council of the University of Professional Studies, Accra (UPSA) has appointed Dr Kofi Koduah Sarpong, the Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), as the University’s Chancellor. A statement issued by the UPSA, made available to the Ghana News Agency, said Dr Sarpong’s appointment was communicated to the University Community … The post Dr
The Ghana-India Kofi Annan Centre of Excellence in ICT has signed a Memorandum of Understanding with the Centre for National Distance Learning and Open Schooling (CENDLOS) in Accra to leverage resources and capabilities for sustainable outcomes in education. A statement issued by the Centre (AITI-KACE), copied to the Ghana News Agency, said the MOU was … The post Kofi
Finance Minister Ken Ofori-Atta Friday proposed a reduction in the E-levy rate from 1.75 to 1.5 per cent after meeting with the Minority leadership as part of the on-going consultation. Sources close to the meeting indicate that the Minority Caucus was still opposed to the new rate and suggested that the entire E-levy must be … The post Finance
President Nana Addo Dankwa Akufo-Addo will deliver the State of the Nation Address (SONA) to Parliament on February 24, Mr Osei Kyei-Mensah-Bonsu, the Majority Leader of the House, said on Friday. He, however, noted that the House was yet to confer with the Speaker if the date was appropriate with regard to his schedules. Presenting … The post President
Seven hundred and fifty people, including children, who were part of those displaced by the explosion at Appiatse in the Prestea Huni-Valley Municipality, have been relocated to the temporary camp at Bogoso- Kojokrom. The new place is a resettlement site that is been constructed for residents of Dumasi by Future Global Resources, a mining Company. … The post 750
Parliament on Friday adjourned the debate on the Electronic Transaction Levy (E-Levy) Bill to Tuesday, February 1. Mr Joseph Osei-Owusu, the First Deputy Speaker, presiding as Speaker, adjourned the sitting. Mr Osei Kyei-Mensah-Bonsu, the Majority Leader, had wanted the House to take the E-Levy debate, however, the Minority members said they were tired of the … The post Parliament
While the spyware developed by the now beleaguered Israeli tech company, NSO Group may not be the only intrusive one around in the world, as it is believed that some rival companies and competitors might be working hard to take advantage of the market as NSO comes under pressure from the increasing exposure by journalists … The post How Pegasus works:
Tahiru Faisal, driver of a Ford Concrete Pump Truck, and two other accomplices identified as supervisors, have been convicted for spilling concrete on the Abavana Junction road along the Pig Farm-Circle stretch in Accra. A news brief from the police said the suspects were arrested on Tuesday, January 25, 2022 and convicted to fines totaling … The post Three persons
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