It has emerged that documents submitted by the Ghana National Petroleum Corporation (GNPC) to the Public Interest and Accountability Committee (PIAC) on how it expended the controversial 7.5 million dollars did not contain the truth. PIAC chairman, Dr. Steve Manteaw said GNPC earlier furnished it with documents that showed that the amount was spent on […]
President Nana Addo Dankwa Akufo-Addo, on Saturday, 15th September, 2018, commissioned a 20-megawatt solar plant, and inspected ongoing works at the Casa de-Ropa Ltd, a “1-district-1-factory” initiative, all in the Gomoa West constituency of the Central Region. Speaking at the commissioning of the 20-megawatt solar plant at Gomoa Onyaadze, President Akufo-Addo noted that the facility, […]
Farmers in the Nabdam District of the Upper East have began reaping the benefits of Government’s planting for food and jobs initiative but are afraid if government doesn’t intervene, their bumper harvest will soon turn into a nightmare. The predominantly tomato farmers who are beginning to realise massive and bumper harvests are appreciative of the […]
Vice President Dr. Mahamudu Bawumia’s recent comments that Ghana’s economy is built on strong fundamentals have received vindication from Standard & Poor’s Global Ratings. Dr. Bawumia while speaking at a Student’s Entrepreneurship Initiative program in Tamale dismissed the minority National Democratic Congress’s (NDC) concerns that the recent marginal depreciation of the cedi was occasioned by […]
The acting Executive Director of the Ghana Standards Authority (GSA), Professor Alex Dodoo, says he supports the production of marijuana for export, since the herbs are used for medical purposes abroad. Sharing his perspectives on the use of marijuana at the Public Accounts Committee (PAC) of Parliament at its sitting in Accra on Wednesday, Prof. […]
The global and international credit ratings agency, Standards and Poor (S&P) global has affirmed Ghana’s stronger macroeconomic fundamentals. The rating agency has upgraded Ghana’s credit score from ‘B’ minus to ‘B’ with a stable outlook. At the same time, they have revised Ghana’s transfer and convertibility (T&C) assessment to ‘B+’ from ‘B’. In its latest […]
Some 250 businesses from the Northern, Upper West and Upper East regions have received cheques for various sums through the Ministry for Business Development. The money is part of government’s business support initiative under the Ministry for Business Development. The Presidential Business Support Programme is an initiative of the Government to provide financial support to […]
A popular Chinese restaurant chain has lost around $190m (£145m) in market value after a pregnant woman found a dead rat in her soup. Hotpot restaurant Xiabu Xiabu’s stock hit its lowest level in almost a year, after photos of the dead rat being fished out of the broth with a pair of chopsticks quickly […]
President Nana Addo Dankwa Akufu-Addo has revealed that a total of 12.5 billion Ghana Cedis of public funds went into supporting the seven indigenous banks that collapsed. “To protect the deposits of the seven defunct banks, the Government, through the Ministry of Finance, has had to issue bonds to the tune of some GH¢8 billion […]
It has emerged that top clients of Menzgold Ghana include top military and police officers as well as senior bankers, former executive chairman of the Minerals Commission has revealed. Dr. Tony Aubynn has urged government to tread cautiously in its dealings with the gold dealership company, warning that should the company go down, there will be a […]
President Nana Addo Dankwa Akufo-Addo has stated that Government is in the process of finding a strategic investor to revive the “debt-ridden and idle” Komenda Sugar Factory. According to President Akufo-Addo, the search for a strategic investor has become necessary because his administration, upon assuming office on 7th January, 2017, inherited a non-operational Komenda Sugar […]
Read the full text of the resignation letter of Nigeria’s Finance Minister, Kemi Adeosun. She resigned from her position after it emerged that the National Service exemption certificate she presented to the president in order to get the appointment was a fake one. We reproduce her full resignation letter to President Muhamadu Buhari. 14th […]
