The Bank of Ghana (BoG) has said it will add $1 billion to the country’s reserves by the end of this year to stabilise the cedi against major international currencies. According to the Governor of the BoG, Dr Ernest Addison, the accumulation of more dollars is to help increase the net international reserve and also […]
MTN Ghana has presented a brand new car to the overall winner of the MTN Mobile Money (MoMo) 10th Anniversary Promotion in the Central Region. The event which took place today, Wednesday October 30, 2019 saw Mr. John Amoah emerging as the overall winner. In his remarks after the presentation, the Regional Senior Manager for […]
Work being done to enable Ghana Gas supply gas to power the Karpowership is near completion with gas flow expected to start today. According to the Ghana Gas Company, engineering works, electrical connections and laying of pipelines to the Karpowership at the Sekondi Naval Base in the Western region is about 98 percent complete. Ernest […]
The Africa Public Sector Conferences and Awards (APSCA) has awarded the Jospong Group of Companies (JGC), the Executive Chairman of JGC and Zoomlion Ghana Limited, Dr. Joseph Siaw Agyepong and the District Common Fund Administrator Naa Torshie Addo among others at its Second Africa Public Sector Awards night in Accra. The APSCA initiative is aimed […]
The Nigerian High Commissioner to Ghana, Mr Olufemi Michael Abikoye has said that his country is working closely with Ghanaian officials to deal with the several truckloads of goods that have been grounded at the Seme border between Benin and Nigeria due to a temporary shutdown of Nigeria’s borders. Nigeria partially closed its borders with […]
The US Embassy has explained why it insisted on Ghana keeping the Power Distribution Service (PDS) deal despite the government’s claim that the consortium lacked a valid demand guarantee. A spokesperson at the Embassy Naomi Mattos told JoyNews’ Kojo Yankson that the first statement issued by the American government established that Meralco be maintained in […]
Over the past couple of months, the Ghanaian citizenry have been treated to a very public spate between their government and one of the biggest, most vibrant and most widely patronized sectors of the national economy – the telecommunications industry. Initially a two way dispute between the two parties, it has since grown into a […]
“I don’t wake up today expecting my tomorrow to be better than my yesterday. I always wake up to have this belief that my tomorrow is going to be tough; so I face the world with that kind of mindset. But if it happens to be good, I say hallelujah to God. So this is […]
Amazon CEO Jeff Bezos, has reclaimed the World’s Richest Man title few hours after losing the spot to Microsoft co-founder Bill Gates. Bezos who ended Gates’ 24-year run as world’s richest man last year by becoming the first man on earth with a net worth of $160 billion, lost the spot on Thursday October 24, after […]
THE international cocoa trade cannot be fundamentally changed for the better until cocoa communities in producer countries are lifted out of poverty, and this can only be achieved by ensuring that smallholder farmers receive a higher and fair price for their product, says John Ament, the Global Vice-President of Cocoa for Mars Incorporated, US-based maker […]
The Ghana Revenue Authority has locked up the offices of Pasico Ghana Limited for the non-payment of taxes in excess of GH¢4.8 million. The Special Revenue Mobilization Taskforce of the tax-collecting agency in its routine checks on companies as part of efforts to increase tax compliance locked up the company’s office in James Town, Accra. […]
It was President Akufo-Addo’s decision to terminate the Power Distribution Services deal according to the Managing Editor of the New Crusading Guide newspaper, Kweku Baako Jnr. According to him, some members of the ruling government were not happy with the President’s decision because they feared termination will come with some consequences; nonetheless, he decided to […]
