The Ghana High Commission in South Africa has undertaken to market products of Cocoa Marketing Board in South Africa. This was the result of a meeting between the Ghana’s High Commissioner to South Africa, George Ayisi Boateng and the Chief Executive Officer of Ghana Cocoa Board, Joseph Boahen Aidoo. The meeting basically centred on how […]
By: Public Relations Unit, NLA The historic collaborative agreement signed between the National Lottery Authority and Veterans Administration, Ghana has started producing positive and healthy results towards the socio-economic development and financial empowerment of the Veterans. The NLA-VAG Partnership gives NLA the sole power to manage, regulate and supervise VAG lottery and any activity of […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 23rd July, 2019, commissioned the state-of-the-art Operational Office Complex of Ghana National Gas Company. The office complex is expected to deliver first-class gas operations and support services for the country’s gas sector, whilst, at the same time, accommodating the women and men of the […]
Governor of the Bank of Ghana (BoG), Dr Ernest Addison maintains that Ghana’s public debt stock, which has risen to GH¢200 billion by May 2019, representing 58.1% of GDP, is sustainable. However, he fears the large foreign investor component makes the economy vulnerable. Consequently, he called for a shift in the conversation around the country’s […]
The Independent Power Producers (IPPs), which form the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB–Ghana), have rescinded their decision to shut down their plants in protest against the non-payment of huge debts by the Electricity Company of Ghana (ECG). The IPPs had earlier threatened to shut down their plants should ECG fail […]
The National Lottery Authority (NLA) on Friday finalised agreements with the Veterans Administration Ghana (VAG) to stem illegal lotto operations. The two institutions, led by Mr Kofi Osei-Ameyaw and Captain Ben Edward Dua (Retired), had a joint management meeting and agreed on the final terms and conditions, modalities and roadmap towards the official launch and […]
Chief Executive of Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo has called on managers and directors of the board to work innovatively to change the fortunes of the cocoa industry. He made the call when he briefed managers and directors from the head office, divisions and subsidiaries at a meeting held at Cocoa House […]
Managing Director of the National Investment Bank (NIB), Mr Samuel Sarpong is confident the bank will soon experience a rebound in its operations and take an enviable place in the banking industry. Mr Sarpong said this at recently held staff durbars across the bank aimed at boosting staff morale towards the attainment of his transformational […]
The Ketu-South Municipal Assembly will soon have two major factories for the processing of coconut and cassava at Akame, a town in the municipality. The factories, scheduled to be completed this year, are at advanced stages of completion, according to the Municipal Chief Executive (MCE) for Ketu South, Mr Elliott Edem Agbenorwu. He said the […]
The National Lottery Authority (NLA) has officially taken over the operations of the Veterans Association Ghana (VAG) lottery. There have been several altercations between the NLA and VAG bordering on regulatory issues, culminating several court appearnaces by the two sides. NLA and VAG over the past years have been in conflict over jurisdictional areas of […]
The country’s total debt stock has now hit GHS200 billion as at the end of May 2019. This was contained in the Bank of Ghana’s summary of financial and economic data that reviewed the health of the economy. Details of the debt numbers The new debt stock figure means that since May 2018 the total debt stock […]
AGM Petroleum, an oil and gas exploration company, has discovered oil at Ghana’s South Deepwater Tano (SDWT) prospect. The discovery was made known by the President and CEO of AGM’s related company Aker ASA, Øyvind Eriksen in a letter to shareholders published in its second-quarter and half-year results for 2019. According to Mr Eriksen, “the […]
