Finance Minister, Ken Ofori Atta will be credited in the Guiness Book of Records as the Finance Minister who borrowed more money to manage the economy than any of his predecessors. Mr Ken Ofori Atta was in Parliament on Wednesday to present before the representatives of the people, the financial estimates of the year 2022. …
The Minister of Finance, Ken Ofori-Atta, has indicated that government will place a levy on all electronic transactions, known as the Electronic Levy, as a means of widening the tax net. According to him, it has become clear that there is an enormous potential to increase revenue from taxes by bringing into the tax bracket …
The Minister for Finance, Ken Ofori Atta, has revealed that the Government has not laid off any public sector worker when the country was struck with the Covid-19 pandemic. He made the revelation in Parliament on Wednesday November 17, 2021 when he was reading the Budget and financial estimates for the 2022. A research conducted …
Prahgia Riders in Techiman cautioned to stay away from girls It is public knowledge that Tricycles popularly known as Prahgia have become a major way of transportation in our towns despite their operations being illegal and most of the riders are Youths who are sexually active. In view of this, a Non-Governmental Organization that targets …
Bank fraud statistics in Ghana high, staff must be held to ethics – Chartered Banker A Chartered Banker, Mr Patrick Abankwa has noted that statistics on banks fraud in Ghana is high, a situation that does not speak well about the industry. He has therefore called for all bank workers to be subjected to the …
LOYAL CONSUMERS OF “WAAKYE & BANKU” IN THE TWIFO ATTI-MORKWA DISTRICT UNHAPPY ABOUT THE DRASTIC REDUCTION IN QUANTITY AS SELLERS ATTRIBUTE IT TO HIGH PRICES OF BEANS AND MAIZE The ardent consumers of “Waakye and Banku” in the Twifo Ati-Morkwa district of central region have expressed dissatisfaction about the sudden decrease in the quantity of …
The Minority in Parliament is demanding the immediate abrogation of a $570 million Tema Motorway expansion contract with Portuguese company, Mota Ingil for sidestepping parliament. The Minister for Roads and Highways Kwasi Amoako-Atta last year announced the signing of the agreement that will see the Tema Motorway converted into three lanes. Addressing the media in …
Vice President Dr. Mahamadu Bawumia endorses the usage of Bitcoin in Africa Vice President Dr. Mahamudu Bawumia says it is time African governments embrace digital currency (bitcoin) to facilitate trade and enhance other productive sectors of their economies. He, therefore, lauded the Bank of Ghana’s decision to pilot digital currency later this year towards its …
EPA to Deal with Producers of Pesticides and Herbicides Over Illegal Operations The environmental protection agencies have cautioned retailers and producers of pesticides and herbicides operating without a license to ensure regulation of their activities through the agencies or be dealt with by the law. EPA to Deal with Producers Over Illegal Operations Mr. Justin …
Ghana Receives £160M for Development Projects The European Investment Bank has provided a one hundred and seventy-million-euro facility for the establishment of a development bank in Africa according to the president of the EIB, Dr. Werner. Hoyer. SEE ALSO: Mahama Drops Humongous List of his Promises Despite Cristism Speaking at the signing ceremony, President Akuffo …
Agric: CSIR – SRI Launched its Web base Application Platform SEE ALSO: Hon. Elvis Ankrah Reads the NDC’s Proposed Reformshttp://Hon.Elvis…. The Council for Scientific and Industrial Research (CSIR) in collaboration with the Modernizing Agriculture in Ghana (MAG) held a Stakeholder Seminar on Digitized Soil Maps on Tuesday, 30th March 2021 on the theme ” CSIR-Soil …
The rate of gold production in Ghana is projected to witness a growth of about 9 percent in 2021, global market analysis agency, Fitch Solutions has said. According to a report by Fitch Solutions, this will become the largest growth rate for gold production experienced by Ghana. The market analysis firm explained the projection will …
Twenty-five farmers in the Atwima Nwabiagya South Municipality were on Friday honoured at this year’s Farmers’ Day celebrations at Mim in the Ashanti Region. They received knapsack sprayers, cutlasses, wellington boots, wax prints, motorcycles and certificates. Mr Stephen Takyi from Nerebehi was adjudged the Overall Best Municipal Farmer. He has 12 acres of cocoa farm, …
The Ministry of Finance says it welcomes the decision of the Special Prosecutor to undertake the risk assessment and views it as an opportunity to address some of the concerns raised in respect of this transaction. In a statement issued by the Public Relations Unit, the Ministry said such an assessment would reassure Ghanaians that …
The Ghana Football Association (GFA) has appointed Mr. Samson Narteh-yoe, a Financial Economist onto the Ad-Hoc Compensation Committee of the Association. Mr. Narteh-Yoe a lecturer in Finance and Bussines Policy and Strategy would replace Mr. Kwaku Osei, President of Tema Youth Sporting Club, who declined his appointment to serve on the committee for personal reasons. …
ICC, UNDP and UN Global Compact join forces with DHL, Microsoft and PwC to help communities recover better from the pandemic. The United Nations Development Programme (UNDP), the United Nations Global Compact (UN Global Compact) and the International Chamber of Commerce (ICC) have established the COVID-19 Private Sector Global Facility, a global initiative and collaboration …
Habibu Adam, Senior Economist, Office of the Senior Minister on Friday called for a new national capital around the Tamale Airport down through Savannah to Bono East Regions. He said Accra was currently chocked with serious traffic and sanitation issues; “If care is not taken, in the next 10 years, Accra will need an interchange …
Government has planned to carry out an urgent exercise at an estimated cost of GH¢29.6 million, aimed at providing long-term solution to the perennial flooding and its related destructions caused by the spillage of the Bagre Dam, the Water Resources Commission has hinted. In a statement by the Commission issued to Ghanaian Times on Sunday, …
The opposition National Democratic Congress (NDC) has pledged to adopt a Risk-Based Minimum Capital approach for the insurance sector should they be given the nod in the upcoming December polls. According to the party’s 2020 manifesto, the minimum capital will be linked to the risks an insurance company carries instead of the current fixed minimum capital regime. …
The opposition National Democratic Congress (NDC) has described the approach of the ruling National People Party (NPP) in the wake of the financial sector clean up as ‘a wrong one’. This was contained in the party’s just launched 2020 manifesto ahead of the December 2020 polls. According to the NDC, a recapitalisation and liquidity roadmap for the banking …
The main opposition party, the National Democratic Congress has launched its manifesto as the December polls fast approaches. The flag bearer John Dramani Mahama has described the document as one that holds the key to the destiny of Ghana. “This manifesto holds the key to Ghana’s destiny”. The document is themed ‘Jobs and prosperity for …
The Security and Exchanges Commission (SEC) says it has so far received a total of 98,820 claims valued at ¢10.83 billion. It says out of the 50 companies whose licences remain revoked, three did not have any claims filed against them, leaving 47 companies against whom claims were filed by affected clients. As at last …
Kwesi Amoako Attah, Minister of Roads and Highways, has cut sod for the rehabilitation of the 7.2 kilometer Tema Industrial Area to Kpone link road. Amoako-Attah said the existing single carriageway collector road would be widened to a 2×2 dual carriageway with improved drainage systems adding that the first two kilometers within the heavy industrial …
Government is considering the idea of setting up a Kente Craft Village to boost the production of the Ghanaian indigenous cloth for both local and international markets. The proposal, put together by the Royal Kente Weavers and Sellers Association, was presented to President Nana Addo Dankwa Akufo-Addo by the group’s representatives at the Jubilee House, Accra …