The Electricity Company of Ghana (ECG) has partnered with Genser Energy, a Ghanaian energy company operating in the Western Region, to undertake projects to boost power supply to about 58 communities in the Western Region, Genser Energy has said. It said through the collaboration which involved the clearing of overgrown vegetation along the EGC transmission … The post Transmission
The Bank of Ghana (BoG) has announced new policy measures to control inflation. The new policy measures, which would take effect this month, are also to build a strong banking industry to promote financial intermediation mandate to support economic activities. The Governor of BoG, Dr Ernest Addison, disclosed this during a press conference in Accra … The post BoG introduces new measures
Absa Bank Ghana has announced the winners of its Assist Card campaign at a ceremony in Accra. The hallmark campaign is designed to encourage and reward the use of Absa’s contactless debit and credit cards. Launched in December 2023, the campaign underscores Absa’s strategic partnership with the English Premier League, leveraging this association to foster … The post Absa rewards Assist
Israel’s military said on Sunday that it was reducing its numbers of soldiers from southern Gaza, leaving just one brigade in the area. The military stressed a “significant force” would remain in Gaza. • Ruins of Gaza “This is another stage in the war effort”, Israel Defense Forces (IDF) spokesman, Lt Col Peter Lerner, told … The post Israel’s military confirms
Rwandan President Paul Kagame blamed the inaction of the international community for allowing the 1994 genocide to happen as Rwandans on Sunday commemorated 30 years since an estimated 800,000 people were killed by government-backed extremists. Rwanda has shown strong recovery and economic growth in the years since, but scars remain and there are questions about … The post Kagame
The National Petroleum Authority (NPA) says the African Centre for Energy Policy (ACEP) is not ceased with all the facts regarding the setting of Price Floors for the deregulated products. A statement issued by the corporate Affairs Department of the NPA in reaction to the concerns raised by the ACEP said the latter’s claim that […] The post ACEP doesn’t have adequate information
The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has lauded the achievements of the Akufo-Addo government in the cocoa sector amidst criticism from the minority in Parliament. During an interview on The Point of View on Citi TV, Fiifi Boafo defended the government against accusations of shortchanging cocoa farmers despite a […] The post Ghanaian
Julie Essiam Acting Commissioner-General of the Ghana Revenue Authority (GRA), Julie Essiam, has given assurance to prioritise consistent and meaningful engagement with clients. The commitment came during a meeting to Read More... The post GRA Boss Pledges Deep Client Engagement
A professor at the University of Ghana Business School, Godfred Bokpin has described the e-levy that was introduced by the Akufo-Addo administration as backward. For him, the future of the economy and businesses is digitalization hence tax handles that affect electronic transactions should not be welcomed. “I agree with Dr Bawumia that the future is […] The post I
Samuel Dubik Mahama Samuel Dubik Mahama, the Managing Director of the Electricity Company of Ghana (ECG), has voiced concerns over the increasing frequency of load management requests made by Read More... The post ECG Boss Decries Dumsor Requests From GRIDCo appeared
A professor at the University of Ghana Business School, Godfred Bokpin has said that from all indications Ghana will go back to the International Monetary Fund (IMF) after the 17th one has ended. He says the fundamental factors that result in the country going to the Bretton Woods institution for a bailout have not been […] The post I won’t believe it if Ghana says we won’t
The Executive Director of the Africa Center for Energy Policy (ACEP) Ben Boakye has asked civil society organisations (CSOs) and Ghanaians, in general, to be vigilant and ensure that the ongoing programme with the International Monetary Fund (IMF) works for the people. To him, playing an effective watchdog role by CSOs will ensure that the […] The post IMF deal: Let’s be vigilant to
The Executive Director of the Africa Center for Energy Policy (ACEP) Ben Boakye has asked civil society organisations (CSOs) and Ghanaians, in general, to be vigilant and ensure that the ongoing programme with the International Monetary Fund (IMF) works for the people. To him, playing an effective watchdog role by CSOs will ensure that the […] The post IMF deal: Let’s be vigilant to ensure
Balancing the demands of school attendance with the weighty responsibility of caring for younger siblings is a significant challenge facing many young girls in some parts of the Northern Region. This delicate juggling act not only strains their ability to excel academically but also casts dark shadows over their future. The struggle to fulfill familial […] The post Dreams
Samuel Kweku Ocran Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, Star Micro insurance, Star Health Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran Read More... The post Star Assurance Group Has New CEO appeared first on
Executive Director of the African Centre for Energy Policy (ACEP) Benjamin Boakye has observed that the award of large-scale contracts by the government presents a huge change to the country when it comes to corruption. He explained that sole-sourced contracts make it difficult to track efficiency in government spending and also value for money. Those […] The post Sole sourcing large
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, is wondering how the commercial banks are going to break even and increase lending to the private sector vis-a-vis the Bank of Ghana’s higher cash reserve requirement for commercial banks. To him, the higher cash reserve requirement for commercial banks. counterproductive […] The post How
In the lead-up to Ghana’s highly anticipated 2024 Presidential Election, a recent survey conducted by Global Info Analytics has sparked controversy, with findings suggesting a significant lead for the National Democratic Congress (NDC) flagbearer, John Dramani Mahama. However, the campaign team of the NPP’s flagbearer, Dr. Bawumia, has swiftly downplayed the survey results, raising questions […] The post Election
Ghana’s second programme review with the International Monetary Fund (IMF) has entered its second week, with issues concerning tax efficiency and the avoidance of fiscal slippages in this election year dominating discussions. The IMF mission staff from Washington DC are currently in the country for a two-week assessment of the bailout package. The review also […] The post Election
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