The Minister for Works and Housing, Kojo Oppong Nkrumah, has disclosed that there are currently 10,720 housing units in the Greater Accra Region that are at various levels of development to help reduce Ghana’s housing deficit. He made the disclosure when he led the staff of the Ministry to inspect ongoing construction works at the […] The post 10,720
A Tanzanian delegation was in the country to understudy the operations of the National Petroleum Authority (NPA) in the petroleum downstream sector. The five-day visit by officials from the Tanzanian Ministry of Energy and the fuel agency was focused on NPA”s effective regulation and administration of the petroleum downstream, which according to them, proved to […] The post Tanzanian
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […] The post IMF MD departs
Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. This concern has been prompted by revelations made by Benjamin Kpodo, the Member of […] The post Parliament
The Board Chairman of the Ghana National Petroleum Corporation (GNPC) Freddie Blay has clarified that allowance increases for GNPC management were reasonable and approved by the corporation. The former NPP National Chairman refuted the notion that the increases were exorbitant, emphasizing that they were implemented two years ago, not in 2024 as suggested by North […] The post Freddie
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
By Cina Lawson and Rory Stewart For decades, the international community has grappled with the challenge of ending extreme poverty, which is the leading Sustainable Development Goal for 2030. Despite some progress, we remain far off track, with an estimated 700 million people still struggling to survive on less than $2.15 per day. Unlike in […] The post A
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has criticised the government’s decision to engage a private company for the reclamation of encroached state lands. During a session in Parliament, Minister for Lands and Natural Resources, Samuel Abdulai Jinapor, disclosed that the government had revised its contract with Aynok Holdings Limited, granting the […] The post Govt’s
The Ghana National Petroleum Corporation (GNPC) staunchly rejects the unfounded allegations circulating in various media outlets, asserting internal dissent against its leadership. Contrary to rumors, GNPC notes that there is no dissent or demonstrations against the leadership. Both staff and management remain united, fostering a culture of collaboration, mutual respect, and unwavering dedication to the […] The post
The management of the Ghana National Petroleum Corporation (GNPC) has dismissed allegations of dissent against the organization’s leadership describing them as unfounded. Reports had surfaced claiming a potential demonstration against management following alleged efforts by the Chief Executive Officer, A-O Danquah, to increase his salary. However, in a statement jointly issued on Tuesday, March 12, […] The post GNPC
Afro-Dancehall superstar Stonebwoy stunned the crowd at Washington DC’s Rolling Cocoa Festival with a noteworthy performance on Saturday night, at The Anthem. At the weekend, the acclaimed afrobeat, dancehall and reggae singer and songwriter delivered an epic performance of songs, mix of medleys and classics, backed by a band, at his headlining set for the […] The post Stonebwoy
Members of the Ghana Upstream Petroleum Chamber have held a breakfast meeting with the Vice President Dr. Mahamudu Bawumia to inform him of the challenges facing the sector and discuss how the industry might collaborate with government to address them. In a presentation to the Vice President and his team, the Chamber provided an overview […] The post Veep
Ghana, with its rich history and potential for growth, stands at a crucial juncture in its development. To unlock the full benefits of urbanization and achieve greater prosperity, inclusiveness, and livability, a paradigm shift is needed. This involves placing heightened attention on urban, rural, and regional planning, shaping policies that govern housing, infrastructure, and the […] The post Enhancing
President Akufo-Addo Ghana is likely to lose US$3.8 billion in World Bank financing over the next five to six years if the Human Sexual Rights and Family Values Bill Read More... The post Anti-Gay Bill… Ghana To Lose $3.8bn World Bank Funds appeared
The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) government has announced the setting up of a FinTech Innovation Fund (FIF) to support FinTech start-ups in a move to drive the country’s Read More... The post Govt To Set Up FinTech Fund appeared first on DailyGuide
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Gold
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Public
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku Ahweneeh Danquah, has explained that the overarching measure of the Corporation’s success is the degree to which its activities accrue benefits to Ghanaians. Speaking at the graduation ceremony organized by the GNPC Foundation for 166 artisans trained and certified under its ‘Skilled […] The post GNPC
The President of the African Refiners and Distributors Association (ARDA) and Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has reiterated ARDA’s commitment to work with the Organization of the Petroleum Exporting Countries (OPEC), the African Petroleum Producers’ Organization (APPO) and the African Union Commission (AUC) to deliver a sustainable intra-African oil […] The post
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