The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding the approved rates. Executive Secretary […] The post Transport
The Ghana Cocoa Board (COCOBOD) has painted a gloomy picture of the potential loss of Ghana’s premium position in the international cocoa market due to activities of illegal mining. In an interview on The Point of View with Bernard Avle, Prof. Michael Kwarteng, Director of the Anti-Corruption Galamsey Unit of COCOBOD, lamented the adverse impact […] The post Ghana
Former President John Dramani Mahama has accused the Akufo-Addo administration of crossing several red lines in Ghana’s democratic practices. The flagbearer of the National Democratic Congress (NDC) said President Akufo-Addo has put political convenience ahead of democratic consolidation. This, in his view, has left Ghana poorer. In a post on his x platform, he said […] The post Akufo
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […] The post IMF
Godwin Edudzi Tameklo, the Director of Legal Directorate for the National Democratic Congress (NDC), has expressed concerns about the government’s alleged plan to rename the Ameri Power Plant as the Kumasi 1 Thermal Power Plant. The Volta River Authority in a recent Facebook post announced the commissioning of the Kumasi 1 Thermal Power Plant (K1TPP) […] The post Rebranding
Founder of the National Interest Movement (NIM), Dr Michael Abu Sakara Foster, said that the recent poll conducted by Global InfoAnalytics shows that the dynamics are changing in this year’s general elections. The poll stated that “the ruling party’s candidate, Dr Mahamudu Bawumia (DMB) trailing the main opposition candidate, John Dramani Mahama (JDM) in the […] The post Something
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
Former President John Dramani Mahama has said that there are several opportunities that African leaders can take advantage of to make the continent self-reliant. He said this while urging the African leaders to work to ensure that the continent is more self-reliant. Mr Mahama was answering questions in a panel discussion during the 2nd edition […] The post We must be more self-reliant
Rotary International has conferred its most prestigious fellow’s medal on the Inspector-General of Police Dr George Akuffo Dampare. The prestigious Paul Harris Fellow’s medal was conferred on the IGP during the Rotary International District 9104 Official District Conference in Kumasi which the Asantehene Otumfuo Osei Tutu attended. This recognition celebrates Dr Akuffo Dampare’s exceptional leadership […] The post Rotary
The Minister for Works and Housing, Kojo Oppong Nkrumah has tasked contractors working on the Greater Accra Resilient and Integrated Development (GARID) project to expedite construction works to mitigate the risk of flooding in the Capital during the rainy season. The Minister’s directive came in a meeting on Friday, April 12, 2024, with project coordinators […] The post Work
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
By Dela EVANS Governments around the world face the complicated task of navigating national development in a landscape full of complexities and uncertainties. In the pursuit of sustainable prosperity and national identity, a clear distinction is emerging between the aspirations of nation-building and national development planning strategies for national development. Nation building, with its ambitious […] The post
The Gborbu Wulomo’s Office has issued a grave warning, threatening potential divine consequences for those impeding the release of Naa Okromo, the 16-year-old girl wedded to the Gborbu Wulomo for ceremonial purposes ahead of the Homowo festivities. Despite promises from Child Rights International that Naa Okromo would be reunited with her family on Friday, April […] The post Underage
Africa holds the key to moving towards a world free from hunger and poverty. It is in Africa where enormous gains can be made, and agrifood systems transformation is the definitive foundation for the continent to realise sustainable development and modernisation. This month, ministers of Agriculture from across Africa will meet in Morocco for the … The post Unlocking
The Deputy Minister of Foreign Affairs and Regional Integration, Kwaku Ampratum-Sarpong, has affirmed Ghana’s unwavering support for Ukraine’s sovereignty and territorial integrity amidst the ongoing Russia-Ukraine conflict. He expressed that Ghana has been steadfast in its condemnation of Russia’s invasion of Ukraine, perceiving it as a violation of international standards and the core principles of […] The post Ghana
“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years.” …Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge […] The post
…Are we ready? By Daniel Sarkodie DUAH Just a little more than five years ago, technology started to focus on changing the insurance industry. Even though insurance is super important for the world to grow and expand, it was slower to use new technology compared to other industries. This means that while other industries were […] The post Could insurtech overtake
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