Price fluctuations in global crude and refined product prices are taking a heavy toll on Ghana’s downstream markets, resulting in Bulk Oil Distributors losing millions of dollars and throwing many indigenous Oil Marketing Companies out of business. Out of the 130 oil marketing companies operating in the country, 50 – according to estimates – are […]
Mr Philemon Kwame Ankomah, Chief Information Security Officer with the Bank of Africa has revealed that Zoom conferencing has been the biggest winner following the outbreak of the coronavirus pandemic across the globe. He said the pandemic has forced almost everybody to conduct meetings and business engagements via online platforms such as Zoom. He revealed […]
President Nana Addo Dankwa Akufo-Addo has urged all Ghanaians to vote for him and the New Patriotic Party (NPP) in this year’s presidential and parliamentary elections to enable his government continue the development of the country. He said projects such as the One District One Factory (1D1F) initiative and the ongoing road projects, are likely to be truncated if […]
The Online Drivers Union of Ghana (ODUG) has petitioned President Akufo-Addo over new levies introduced by the Ministry of Transport and the Driver and Vehicle Licensing Authority. From 30 June 2020, drivers who operate ride-hailing applications such as Bolt, Uber and Yango will pay GHC40 for the “verification and authentication” of their driver’s licence, another […]
The management of the Intercity STC Coaches Limited exhibited great patriotism and leadership Wednesday when a former Managing Director of the company, Mr Samuel Nuamah Donkor, joined the current leaders to inaugurate a vehicle testing centre. Uncharacteristic of the managers of state institutions, the current Managing Director of STC, Nana Akomea, ceded his frontline role […]
National Lottery Authority(NLA) and Ghana Revenue Authority(GRA), the two strategic Revenue Mobilization Institutions for Government would officially launch VAT Raffle very soon. The two institutions have collaborated closely since last year to roll out the VAT Raffle. A statement issued by the Public Relations Unit of the National Lottery Authority and in the possession of […]
Dr Kwabena Nyarko Otoo, the Director of Labour Research and Policy Institute, Trades Union Congress (TUC), has called on government to develop a comprehensive stimulus package for businesses and workers. He said the package would enable businesses, small and large, to stay afloat and maintain their workforce in these difficult periods. Dr Otoo said enterprises […]
The Automobile Dealers Union of Ghana has threatened to demonstrate if government fails to amend aspects of the Customs (Amendment) Act, 2020. The said Customs (Amendment) Act bans the importation of second-hand cars of more than ten years old, and salvage cars, locally referred to as ‘accident cars’. General Secretary of the Automobile Dealers’ Union […]
The Securities and Exchange Commission (SEC) will in the coming days restore the licenses of some fund management companies whose licenses were revoked in 2019. The Chief Executive Officer of the SEC, Rev. Daniel Ogbamey Tetteh made this known in a radio interview on Accra based Citi FM Tuesday morning. In the radio interview with Citi […]
MTN Ghana says it was yet to receive the formal notification on the government’s decision to implement new policies in the telecommunications market. In a statement reacting to a press release on the development issued by the Ministry of Communications, MTN said it “will refrain from making any public statements or comments on this matter” whilst it waits for the […]
Government has signed a historic €500 million contract for the construction of sections of the Western Railway Line. The contract signed on Wednesday, June 3, 2020, is for the construction of a standard gauge rail line between Takoradi Harbour and Huni Valley, according to Railways Development Minister, Joe Ghartey. The deal is considered the largest […]
The National Lottery Authority has signed a partnership agreement with the Veterans Administration, Ghana (VAG) which has given the NLA the sole right to regulate, manage and supervise the operations of VAG lottery in the country. The agreement will ensure that the NLA operates the lottery in such a way that will allow it make […]
