By Rashidatu IBRAHIM An economist and advisor on South-South Cooperation and Development Finance at the South Centre, a Geneva-based intergovernmental organisation, Yuefen Li, has urged African countries to enforce regulations that require multinational corporations to contribute a greater share of taxes for their operations within these nations. She noted that implementing such measures would serve […] The post
The Bank of Ghana has urged the public to volunteer information on suspected cases of money laundering and unexplained wealth. This is to combat financial crimes, sanitize the industry and uphold the integrity of the country’s financial system. The Central Bank stressed collaborative efforts in identifying and addressing illicit financial activities that pose a threat […] The post Volunteer
The Ghana Mineworkers’ Union of the Trades Union Congress, has announced plans to stage a five-day protest at the Ministry of Lands and Natural Resources and the Jubilee House beginning on Monday, April 15, 2024. Their stance is to pressure the government into revoking the mining lease of Future Global Resources Limited, operators of the […] The post Mine
The Alliance for Social Equity and Public Accountability (ASEPA) has called on the Tema Oil Refinery (TOR) and the Sentuo Oil Refinery to make public the specifics of their relationship. This request comes in the wake of the alleged sale of TOR to Sentuo Oil Refinery. On Monday, April 8, ASEPA’s Executive Director, Mensah Thompson, […] The post ASEPA demands clarity
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, Star Microinsurance, Star Health Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran as its Group Chief Executive Officer. He takes over the leadership role from Kofi Duffuor, the former Chief Executive Officer, who has served the Star Assurance Group and its subsidiaries […] The post Samuel
The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama has said that requests from the Ghana Grid Company (GRIDCo) for load management have become an irritation to customers. He explained that the requests have become so frequent that they are now a source of disturbance to customers. This is contained in […] The post GRIDCo’s
The Local Organizing Committee (LOC) for the African Games has decided to compensate volunteers for the just-ended African Games held in Accra with an allowance of GHS1,000.00. This follows protests by the volunteers over unpaid stipends allegedly promised to them by the organizers. Some of the volunteers reportedly have to hold the Minister for Youth […] The post African
Nana Ohene Ntow, a prominent figure in Alan Kyerematen’s campaign, has lauded Kyerematen’s significant contributions to public service and leadership throughout his career. Highlighting Kyerematen’s extensive impact both within and outside politics, Ohene Ntow emphasized the former trade minister’s substantial contributions to the nation. During an interview with Selorm Adonoo on Eyewitness News on April […] The post Alan’s
President Nana Addo Dankwa Akufo-Addo and his Italian counterpart, His Excellency Sr. Sergio Mattarella has taken the longstanding Italy-Ghana relations a notch further following the post-easter state visit of President Mattarella to Ghana on Friday 5th April, 2024. The purpose of this visit by the Italian President to Ghana is to re-affirm the ties of […] The post AfCFTA-focused
The Ghana Union of Traders’ Association (GUTA) says the proposal by the Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to implement a new flat tax regime along with a tax amnesty is a step in the right direction, which the Union says, will significantly boost their businesses to grow. As part of […] The post GUTA welcomes Bawumia’s proposal for tax amnesty &
The Government of Ghana, in collaboration with stakeholders, has announced a significant increase in the Producer Price of cocoa for the remaining period of the 2023/24 crop year. This Read More... The post Govt
Nana Ohene Ntow, a prominent member of Alan Kyerematen’s Movement for Change, has declared that Ghana is currently facing a dire state of emergency. He asserts that the country’s present challenges demand urgent attention, prompting voters to seriously consider Alan Kyerematen’s proposed solutions and vote for him. His remarks follow the recent alliance forged between […] The post Nana
Dr Kwame Asah-Asante, a lecturer in Political Science at the University of Ghana, has expressed his belief that Alan Kyerematen and Dr Abu Sakara Foster, despite their efforts, will not be victorious in the upcoming December elections. Mr Kyerematen, running as an independent presidential candidate, has formed a strategic alliance with the National Interest Movement. […] The post Alan,
The Board of Cal Bank Ghana PLC has approved a GHS 600 million renounceable rights issue to be sourced through private placement of ordinary and preference shares to new investors. The issuance comprises 1,872,461,736 ordinary shares of no-par value, priced at GHS 0.29 pesewas per share, and 196,503,781 preference shares of no-par value, also priced […] The post CAL
The African Continental Free Trade Area (AfCFTA) Secretariat has announced its commitment to mobilize $10 billion to bolster the development of small and medium-scale enterprises led by youth across Africa. The AfCFTA revealed that it has already allocated $150 million to support the burgeoning businesses of young entrepreneurs in Africa. Additionally, it aims to augment […] The post AfCFTA
Kwasi Kwarteng, the spokesperson for the Ministry of Education, has urged for a balanced and constructive approach to the political discourse surrounding the government’s ‘1 Student 1 Laptop’ policy. His remarks come in light of allegations made by John Dramani Mahama, the Flagbearer of the opposition National Democratic Congress, who suggested that the government’s initiative […] The post Free
A group photograph of the participants after the training Some selected staff of the Electricity Company of Ghana (ECG) have undergone a three-day training aimed at empowering the participants with Read More... The post ECG Staff Receive Gender Equity Training appeared first
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