The Borderless Alliance, a private sector advocacy group, in collaboration with the Ghana Shippers’ Authority, has held a multi-stakeholder dialogue on the ECOWAS Trade Liberalization Scheme (ETLS) and the African Continental Free Trade Area (AfCFTA). The multi-stakeholder dialogue was to highlight the opportunities and challenges associated with the implementation of the ETLS and AfCFTA for […]
Category: Business
Bawumia launches YEA job Centre; says it is a major plank in govt’s job creation drive
Vice President Dr. Mahamudu Bawumia on Wednesday October 2, 2019 launched the Youth Employment Agency (YEA) Job Centre which seeks to create employment opportunities for Ghanaian youth. The YEA Job Centre is the creation of the Youth Employment Agency encapsulating four projects dubbed the flagship projects. These flagship projects are the YEA Job Centre, the […]
Industry experts bemoan underutilized blue (Maritime) economy
The Deputy Minister of Transport, Daniel Titus-Glover, the CEO of the Ghana Chamber of Shipping, Dr. Kofi Mbiah, Dean at the School of Graduate Studies, Regional Maritime University, Dr. John York Abaidoo, have unanimously admitted that Ghana’s ocean resources are underutilized, and there is so much room to explore in order to fully harness the […]
IFS demands new law to restrict GNPC’s activities; ensure more transparency
The Institute for Fiscal Studies (IFS), a policy think tank, has called for the passage of a new law that will rein in the non-oil related activities of the Ghana National Petroleum Corporation (GNPC) as well as make them more accountable. The institute’s latest Policy Brief entitled ‘Assessing Management of Ghana National Petroleum Corporation Revenue,’ […]
Increases in fuel prices, utility tariffs too much for consumers – Kofi Kapito
Chief Executive Officer (CEO) of the Consumer Protection Agency, Kofi Kapito has described the cumulative price increases in some utilities and commodities as “very worrisome,” In the past few weeks, Ghanaians have been hit with increases in fuel prices, electricity tariffs and water tariffs. Mr. Kapito laments that it is “too much for the consumer.” […]
Oil Companies pay about GHC6 billion as taxes to government annually
The Association of Oil Marketing Companies (AOMCs) pay about GHC 6 billion annually to government as tax, Mr Kwaku Agyeman-Dua, Industry Coordinator of the Association has announced. He said in 2019, they paid GHC 500 million as monthly tax to government, raking in a total of GHC 3 billion in the first two quarters of […]
Late Kofi Annan forced me to open a foreign bank account – Rawlings
Former President of the Republic of Ghana- head of state for a combine period of nineteen (19)- Jerry John Rawlings has revealed that but for the intervention of a respected figure Kofi Annan who ‘forced’ him to open a foreign bank account, he had never owned any bank account outside the shores of Ghana. He […]
I made millions through forex trading; my strategies available – SA’s youngest millionaire trader
South Africa’s youngest millionaire forex trader, Sandile Shezi, who is the headline speaker at the maiden edition of the 2019 World Forex Summit and Workshop organised by the Forex Training Academy in Ghana, has vowed to share his trading secrets with participants of the event. Mr Shezi, who touched down in Ghana on Friday ahead […]
Ghanaian firm, Dext Technology supplies 500 UK schools with science sets
Dext Technology Limited Kumasi, Ashanti Region has collaborated with the Royal Academy of Engineering to supply five hundred (500) schools in the UK with resources (including science set) that will be used to help build students creative capacity and introduce problem-solving as well as innovation. This resource box will also be used to teach students […]
I can’t be prosecuted; I did no wrong — Ato Essien
The founder of defunct Capital Bank, William Ato Essien, says he does not expect to be dragged to court following comments by the Attorney General that it will soon take legal actions against persons who contributed to the banking crisis. On Metro TV’s Good Evening Ghana, he maintained that there was no malfeasance in the […]
GhiPSS ready to support gov’t e-payment agenda
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has said it is ready to provide a wide range of payment services for the public sector payment system for all government projects. The Vice President, Dr. Mahamudu Bawumia has earlier indicated that government projects will all paid through electronic means by the middle of next year […]
Kofi Amoabeng chides BoG over collapse of Heritage Bank; says it is politically motivated
The founder and CEO of the now-defunct UT Bank, Mr Prince Kofi Amoabeng has described as unfair and unfortunate, the revocation of the licence of Ghanaian-owned Heritage Bank Ghana Limited, whose founder has always argued that the bank was collapsed despite its books being above board. Asked directly by Accra-based TV3’s Paa Kwesi Asare in […]