Oil Trading Company, Dram Oil and Trading Limited has sued auditing firm, Deloitte and Touche at the Commercial Division of the Accra High Court. The company is accusing the firm of breaching its duty of care as well as being negligent in putting together a report. Dram Oil wants the court to order the recovery […]
The chairman of the Trade and Industry Committee of Parliament, Kingsley Carlos Ahenkorah has said the Komenda Sugar Factory could not have produced raw sugar due to the absence of its 37 components. He said the price waterhouse firm valued the factory at $12 million in 2017 and went further to establish that, about 37 […]
The Food and Drugs Authority (FDA) has disclosed the outcome of its investigation into the recent incidence of food poisoning at the East Legon branch of Marwako Foods. According to the FDA, it discovered poor sanitation, poor storage and microbial infestation as the causes of the incident. In a statement issued on Monday, June 13, […]
The Food and Drugs Authority (FDA) has said the process to establish the root cause of the recent food contamination at Marwako Restaurant at the East Legon branch has been “unfortunately hampered by the unapproved and unilateral decision of the management of Marwako to destroy some of the food items whilst the investigation was in progress.” […]
President Nana Addo Dankwa Akufo-Addo has commissioned 100 mercury-free gold processing machines to promote sustainable mining in the artisanal small-scale mining sector. The intervention is also meant to do away with the harmful effects of the use of mercury for gold production. The mercury-free machine consists of a jaw crusher that crushes bigger rocks from […]
Beginning next year, the Ghana Revenue Authority (GRA) will replace Tax Identification Numbers (TINs) with the Ghana Card numbers. This will enable the authority to access information from other government agencies, including the Social Security and National Insurance Trust (SSNIT), the Driver ad Vehicle and Licensing Authority (DVLA), the National Health Insurance Authority (NHIA) and […]
The Komenda Sugar Factory (KSF) will start the processing of unrefined sugar, molasses until it is able to grow raw materials on its own to feed the plant. Management has almost concluded arrangements to import molasses to refine at the factory. The refining of sugar would augment processing of sugar from local farmers who would […]
A tax and legal accountancy expert, Dr Abdallah Ali-Nakyea, has urged accountants to let their impact be felt in the implementation of government policies to ensure transparency in the management of the public purse. He said the functions of accountants must not be limited to the disbursement and receipt of funds; they must also “spearhead […]
President Nana Addo Dankwa Akufo-Addo has called on wealthy economies to re-channel a portion of their Special Drawing Rights (SDRs) sitting with the International Monetary Fund (IMF) to Africa to help fight hunger and food insecurity. It would also augment health provision in the face of the challenges caused by the COVID-19 pandemic and the […]
Celebrated Ghanaian pilot Captain Solomon Kwakye Quainoo has joined the country’s foremost indigenous aviation service provider, McDan Aviation Services, by calling on government to increase local participation in the sector. Speaking at a media engagement in Accra on Starr Chat about the local aviation industry’s condition, Capt. Quainoo said a national carrier would aid the […]
Billionaire Elon Musk on Friday said his acquisition of Twitter is temporarily on hold pending details supporting a calculation that spam or fake accounts represent less than 5% of users of the microblog. Musk was reacting to a news report about Twitter estimating that false or spam accounts represented fewer than 5% of its monetizable […]
President Nana Addo Dankwa Akufo-Addo has called for greater support for the African Development Bank (AfDB) to expand its capital base to make it the lead financing institution in funding Africa’s development. He said the bank had proven that it had deeper understanding of African issues, and therefore, must lead in financing African development ahead […]
