The Minister for Railway Development, Mr. Joe Ghartey has reiterated Government’s resolve to see to the completion of the Sky train project only if Government becomes satisfied with the terms and conditions available by the company in charge of the project. According to him, Government is not paying for the feasibility of the project, but […]
By: Sheila WILLIAMS Huawei Y9 Series, this new product brings improvements in design and camera technologies that younger consumers have been anticipating. The phone will be equipped with an AI Triple Camera setup comprising a 48MP Main Camera and an Ultra-Wide Angle lens. The news has already started generating discussions among tech media and consumers […]
Co-founder of Alibaba Group Holding Ltd, Jack Ma has described his visit to Ghana as the most important one yet in Africa. He made the remark in his welcome address at the African Netpreneur Conference in Accra. He said “This is my fourth trip to Africa and this is the most important trip for me […]
Springfield Exploration and Production (SEP) Limited, Ghana National Petroleum Corporation (GNPC) and the Government of Ghana will very soon, officially announce details of its maiden Afina-1 well discovery in the West Cape Three Points Block2, offshore Ghana. Afina-1 which is located at a water depth of 1030 metres was drilled to a total depth of […]
Financial analyst, Sydney Casely-Hayford has disagreed with the Minister of Communications’ decision to soon impose a tax on mobile money operations. The Communications Minister, Ursula Owusu Ekuful had disclosed that talks are ongoing to ensure that mobile money operators pay taxes on the transaction fees they charge users. According to her, there is the need […]
Former United Nations Secretary General, Ban Ki Moon and Founder of Ali Baba, Jack Ma are in Ghana to participate in the maiden edition of the Africa Netpreneurship Summit. Also in the country is ace movie actor, Jet Li. They have since paid courtesy calls on President Nana Addo Dankwa Akufo-Addo at the Jubilee House. […]
Government is projected to achieve GHc 67.1 billion in total revenue, representing 16.9 percent of GDP, in the 2020 fiscal year. This was made known by the Finance Minister, Ken Ofori-Atta, during the presentation of 2020 Budget Statement and Economic Policy, presented to Parliament in Accra. Of the total expected revenue for the period, GHc […]
The Minority in parliament has described the 2020 budget as “unimpressive and deserves an exit”. Reacting to the 2020 budget presented by the Finance Minister Wednesday, Minority leader Haruna Iddrisu the budget should be the last one for the NPP government. “One uninspiring budget deserves an exit. Ghanaians are worse off under the Akufo-Addo government […]
The government of Ghana would spend about GHS1.5 billion of taxpayers’ money in cleaning up the Fund Management sector following the revocation of the licences of 53 asset management companies by the Securities and Exchange Commission, Finance Minister Ken Ofori-Atta has revealed to Parliament in his 2020 budget. According to him, “Over the past […]
Government is due to establish a National Development Bank (NBD), Finance Minister, Ken Ofori-Atta has announced. ‘’Mr. Speaker feasibility study for the establishment of the National Development Bank specifying the rationale, mandate, business model, legal and regulatory framework, ownership, governance and sustainability of the Bank has been completed’’ Mr. Ofori-Atta while presenting the 2020 Budget […]
The Securities and Exchange Commission (SEC) will begin accepting relevant documents for the validation of investment claims on November 18, 2019, following the revocation of the licenses of 53 Fund Management Companies. In a statement, the SEC said designated branches of Consolidated Bank of Ghana Limited (CBG) will open to receive the claims from clients who have their […]
The Securities and Exchange Commission (SEC) has distanced the recent revocation of the licenses of the 53 fund management companies from the banking sector shake-up stating that the latter is not responsible for the current happenings in the securities sector. According to SEC, although some collapsed fund managers had their funds locked up in savings […]
