The government and CalBank are close to sealing a $25 million deal to finance small-scale mining operations in the country. The deal is part of arrangements being made by the government with financial institutions to bolster small-scale mining activities, including community mining. The Deputy Minister of Lands and Natural Resources responsible for Mines, George Mireku […]
From January 2023, the Ghana government will exchange gold for oil. That is gold produced locally will be exchanged for a portion of the petroleum needs of Ghana. The “Gold 4 Oil” programme will enable the country to use part of the gold produced locally to purchase oil as part of measures the government is […]
MTN Ghana will commence the complete disconnection of all SIM cards that have completed Stage 1 (Linkage of Ghana Card ID to SIM Card) but have not completed Stage 2 (Biometric Capture) (“Not fully registered with the Ghana Card”) from December 01, 2022. As such, it will deactivate the SIM cards of 5,701,149 subscribers on […]
The Ministry of Communications and Digitalisation (MoCD) has announced that all unregistered SIM cards will be completely deactivated on November 30, 2022. The Ministry, in a statement issued on November 11, 2022, said: “All SIM cards which have completed the first stage of the registration exercise but not done the second phase will be blocked […]
The Chamber of Petroleum Consumers (COPEC) has announced that fuel prices are likely to be reduced by Monday, November 14, 2022. There has been a recent hike in fuel prices, including diesel and petrol. Diesel is currently selling for more than GH¢23, while the price of petrol is hovering around GH¢18. But speaking to Roselyn […]
President Nana Addo Dankwa Akufo-Addo has said the talks with the International Monetary Fund (IMF) and the 2023 Budget will seek to address the concerns of Ghanaians and inject their aspirations into the management of the economy. He said it was for that reason he had, in the last three weeks, been meeting various stakeholders […]
In an effort to halt speculation and stabilitise the foreign exchange market in the country, the Bank of Ghana will hold (Tuesday October 25, 2022) hold series of discussions with the leadership of universal banks and Forex Bureau Associations, starting Tuesday. The Minister of Information, Kojo Oppong Nkrumah, who made this known at a press […]
The Ghana Union of Traders Association has suspended its strike action. This is contained in a press release signed by the General Secretary of the Association, Alpha A. Shaban. According to the release, the decision comes on the back of a meeting with the King of the Ga State, Mantse Nii Tackie Teiko Tsuru II […]
Ghana through the National Lottery Authority (NLA) will be playing host to the rest of the world and Africa in particular when the African Lotteries Association Conference is held in Accra in December. The Association will also be celebrating its 60th anniversary and will see dignitaries in the lottery industry from across the globe converging […]
A civil society organisation (CSO) with interest in agriculture and the social sector, SEND Ghana, has called on the government to bring back road tolls to help shore up revenue for development. It explained that reintroducing the road tolls would help generate more revenue for the state and ease the pressure on the economy, since […]
The Ghana Union of Traders Association (GUTA), has urged its members in Accra to close down their shops from Wednesday till Monday, October 24, 2022. The move is to protest against rising inflation, depreciation of the Ghana Cedi and high lending rate due to an increase in the policy rate by the Bank of Ghana. […]
ONLY six per cent of the GH¢23.7 billion goods imported into the country last year (2021) were properly insured under the Insurance Act, 2006 (Act 724). This means that GH¢22.3 billion representing 94 per cent of the imports were either not insured at all or were insured by foreign firms, a practice which is against […]
