The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidising petroleum
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidies are key to
The University of Energy and Natural Resources (UENR) has extended its gratitude to the Inspector General of Police, Dr. George Akuffo Dampare, for his personal intervention in addressing the recent robbery incident targeting students and lecturers on the Odumase-Badu road near Sunyani in the Bono Region. The incident, which occurred on Tuesday, 16th April 2024, […] The post Your
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […] The post Fuel price hikes: Strengthening
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […] The post Ghana
Abel Dzidotor, a 41-year-old truck driver who abandoned his vehicle on the Tema-Mpakadan rail lines, has been sentenced to six months in jail by the Juapong Circuit Court. This was after he pleaded guilty to three out of four charges namely – careless and inconsiderate driving, unauthorized stopping, and causing harm. He was convicted on […] The post Driver who caused accident
A United States-based Economist, Dr. Sa-ad Iddrisu, is questioning the developmental projects listed in NPP’s recently launched performance tracker. In a press release issued on Thursday, April 18, Dr. Iddrisu “Despite borrowing over GHc600 billion in the last eight (8) years, the NPP government seems to only boast about the number of completed toilet projects […] The post NPP
The Chairman of the Federation of Kumasi Traders Association, Nana Prempeh, has threatened to sue the Ghana National Fire Service (GNFS) and the management of the Kejetia Market in Kumasi. According to him, the market has been operating without a fire certificate and insurance cover, which is a violation of the GNFS’s Legal Instrument (LI) […] The post Federation
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
The three teacher unions in the country say they are disappointed about the lacklustre attitude of the government towards the negotiation with teachers for better conditions of service. A statement issued by the three teacher unions namely Ghana National Association of Teachers, National Association of Graduate Teachers and Coalition of Concerned Teachers Ghana and signed … The post Govt
An estimated GH¢1.6bn agricultural livelihoods were lost due to the Akosombo/ Kpong dams spillage that affected eight districts in the Greater Accra, Eastern and Volta regions in September and October last year. This represents an estimated 1.2 per cent in Gross Domestic Product of Ghana, a Consultant at the Food and Agriculture Organisation (FAO) of … The post Assessment
Ghana has made “significant progress” in debt-restructuring negotiations and the latest snag that sent its eurobonds tumbling on Monday will be ironed out in further talks with bondholders, Finance Minister, Mohammed Amin Adam said. Negotiations that started mid-March resulted in an interim deal last week, with international investors holding about 40 per cent of Ghana’s … The post We
The Management of the Ghana Water Company Ltd (GWCL) says the GH¢1.2 billion debt owed by customers is having a negative impact on the operations of the company. “ As a utility company mandated by law to ensure access to clean water, the company is committed to providing reliable services, however, the GWCL is persistently … The post Customers’ GH¢1.2 billion
The OmniBSIC Bank, thought to be the fastest growing bank in the country, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 per cent to GH¢150.6 million in … The post OmniBSIC Bank posts historic GH¢150m
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 Economic and Organised Crime Office (EOCO) has concluded its investigations into alleged organised crime in the award of contracts at the Ministry of Roads and Highways. The probe stemmed from claims made by Professor Stephen Adei, a former Rector of the Ghana Institute of Management and Public Administration (GIMPA). In October 2023, Professor Adei […] The post EOCO
Two men were reported dead and three injured when some Kplejoo groups clashed with the Navy at Tema Newtown during the final procession of the Kplejoo festival. The Ghana News Agency (GNA) reports that as part of the festival, the groups on the evening of last Friday, went on their usual annual procession throughout the … The post 2 dead, 3 injured in Navy, Kplejoo appeared first on Ghanaian
The Ghana Revenue Authority (GRA) has handed over 14 out of the 182 containers of locked-up pharmaceutical products needed in the fight against HIV/AIDS, malaria and tuberculosis to the Ministry of Health. The essential medical commodities, including antiretroviral drugs for HIV patients, were stuck at the Tema port for almost a year due to the … The post GRA
Ghana is expected to receive about US$360 million from the International Monetary Fund (IMF) following a staff-level agreement reached between the government and staff of the Fund. However, this agreement, which is on the second review of the country’s economic programme under the US$3 billion Extended Credit Facility arrangement, is subject to IMF’s management approval … The post IMF
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