The management of the Ghana Grid Company Limited (GRIDCo) has assured the public that the reconstruction works it started recently will not lead to load shedding, popularly known as ‘Dumsor’. A joint statement issued by GRIDCo and the Electricity Company of Ghana (ECG) in Accra yesterday said reconstruction work on GRIDCo’s transmission lines had commenced […]
Category: Business
We have a vision to transform Ghana and are doing so despite current global crisis – Bawumia
The Vice President, Dr Mahamudu Bawumia, has reaffirmed the Akufo-Addo Government’s commitment to its vision of transforming Ghana despite the global economic challenges which have wrought dire straits on the country’s fortunes. Speaking at the Pentecost Convention Centre, Millennium City, Kasoa, on Thursday, (April 7, 2022), Dr Bawumia said the Akufo-Addo government has been focused […]
GRA to introduce tax filing App – Bawumia
The Ghana Revenue Authority (GRA) will soon launch a tax filing mobile application to enable the public to file tax returns and also receive tax clearance certificates. The Vice-President, Dr Mahamudu Bawumia has explained that the App will help to deal with fake take clearance certificates in the system. The Vice President who was speaking at […]
Digitalisation has dealt a big blow to corruption – Bawumia
The Vice-President, Dr Mahamudu Bawumia is of the view that the digitalisation of various sectors of Ghana’s economy has greatly helped to reduce corruption. For him, “[it] has dealt a big blow to corruption” and that the government will continue to digitalise the remaining sectors of the economy. Dr Bawumia was speaking at a public […]
Domestic air travels surge: Record highest patronage in 8 years
Since the easing of the COVID-19 restrictions in the country last year, domestic air travel has increased, recording the highest patronage in the last eight years, data from airport authorities have indicated. According to the Ghana Airports Company Limited (GACL) and the Ghana Civil Aviation Authority (GCAA), domestic passenger flows (throughput) jumped from 423,718 in […]
$9m Nissan assembly plant commissioned: over 31,000 vehicles to be produced annually
The Nissan Motor Corporation, in collaboration with its local partners, has commissioned a $9 million assembly plant to produce vehicles in the country. The Nissan Assembly Plant in the Industrial City, Tema, which has the capacity to produce 11,593 units of vehicles per shift per annum, is a partnership between Japan Motors of Ghana and […]
Japan Motors gets nod to assemble Nissan Navara
The government’s quest to make Ghana an industrialised nation in the nearest future is gradually beginning to bear major fruits. Through the Ghana Automotive Development Policy launched in 2019 with the aim of making affordable new vehicles in the Ghanaian market and reduce the heavy reliance on used vehicles, which create environmental pollution, Japan Motors […]
Parliament passes E-Levy Bill
Parliament today Tuesday March 29, 2022 approved the Electronic Transactions (E-Levy) Bill. This decision was reached after the Consideration Stage was completed by a Majority-sided House following the third reading of the Bill. The opposition National Democratic Congress (NDC) staged a walk out after taking part in the debate of the Bill. The Finance Minister, […]
Fuel prices to be reduced by ¢1 from April 1 – Chamber of Bulk Oil Distributors
The Ghana Chamber of Bulk Oil Distributors (COBD) has forecasted an up to ¢1 per litre reduction in the price of petrol and diesel by April 1, 2022. This follows several engagements the COBD had with the Bank of Ghana (BoG) and stakeholders to fashion out interventions aimed at reducing the prices at the various […]
Lotto ‘fraudsters’ on GH¢2.7m bail
Nine persons have been put before an Accra Circuit for allegedly advertising “winning” lottery numbers on social media to deceive the public. The accused persons –Prince Agboglah Selorm, Wise Akagbo, Hallow Winnifred, Akli Gershon, Peter Sappey, Mantey Dzidzinyo, Oscar Amevor, Azilah Elijah and Samuel Kuditsa –according to the prosecution, were arrested following several complaints from […]
We’ve been engaging BoG; new interventions to reduce fuel prices in the offing – Chamber of Bulk Oil Distributors
The Chamber of Bulk Oil Distributors (COBD) says there will be some reprieve for consumers of petroleum products soon because of some measures the Bank of Ghana (BoG) has announced. The Central Bank has announced it will provide more forex for importers of petroleum products at competitive rates, which is expected to check the recent […]
GH¢273m disbursed towards 1D1F
The government disbursed GH¢273 million to the 15 participating financial institutions (PFIs) under the One-District, One-Factory (1D1F) programme between 2017 and 2021, the Minister of Trade and Industry, Alan Kyerematen, has told Parliament. The amount represented the payment of interest subsidies to the financial institutions to de-risk loans granted to beneficiary 1D1F companies, he explained. […]