The finance Minister, Ken Ofori Attah has described 2019 as a year of massive infrastructure development in the country. He said government has taken steps to also ensure the expansion of the road and rail networks in the country. Delivering the 2019 budget statement and government’s economic policy statement in parliament, the minister added that […]
Category: Business
Just in: Ex-UBS trader Kweku Adoboli deported, flown to Casablanca and then to Ghana
Kweku Adoboli, the former UBS trader convicted of fraud, has been deported to Ghana, despite a long campaign to keep him in Britain. His lawyer confirmed he was flown out of Heathrow Airport this evening after being detained in Scotland on Monday. Adoboli, aged 38 and who has lived in the UK for 26 years, […]
Operationalizing Wa and Ho Airports is a business decision, gov’t cannot force airlines to go there-Aviation Minister
The Minister for Aviation, Joseph Kofi Addah has said operationalizing the Wa and Ho Airports is purely a business decision to be taken by the various airlines and that government cannot force the airlines to fly those routes. According to him, the airlines would have to be sure the routes are commercially viable before they […]
Photos: Wa airstrip almost ready for commercial flights, 95 percent complete
The Wa airstrip is near completion after which it will begin receiving domestic commercial flights later this year of early next year. The upper west regional minister, Sulemana Alhassan yesterday November 12, 2018 toured the airstrip to inspect on-going works which is about 95 percent complete. Source: BestNewsGH.com
USA: the Obamas are worth $40 million-Here’s How They Make and Spend Their Money
Former President Barack Obama is a busy guy. From speaking at events around the world to writing a memoir and, most recently, signing a massive production deal with Netflix, the Obamas’ lives after the White House have been full and very lucrative. These endeavors along with the six-figure pension all former presidents receive — have significantly contributed to the Obamas’ estimated […]
Accra Sky Train Project gets major boost as gov’t signs MoU, construction to begin in January 2020
The Minister for Railways Development, Hon. Joe Ghartey, MP, on behalf of the people and Government of Ghana, has signed a Memorandum of Understanding with the Africa Investment (Ai) SkyTrain Consortium, based in South Africa, for the construction of the Accra Sky Train Project. With Accra experiencing ever-increasing road traffic congestion, with its detrimental effects […]
Private sector growth has been our priority- President Akufo-Addo
The President, Nana Addo Dankwa Akufo-Addo, says his Government does not see itself as a competitor to the private sector, nor will it substitute itself for the private sector in the growth and development of the country. “The role of government, in our view, is to be a facilitator for the development of the private […]
NIB has collapsed, the finance minister and his team held a meeting about it on Tuesday-Kennedy Agyapong alleges
Customers of the National Investment Bank, (NIB) must be very worried by now because if pronouncements by loudmouth New Patriotic Party (NPP) Member of Parliament from Assin Central Constituency in the Central Region Kennedy Ohene Agyapong are anything to go by, it means the bank will join the league of collapsed banks within the shortest […]
Digitizing Ghana: it will ensure efficient delivery of public services-Veep Bawumia
Vice President Dr. Mahamudu Bawumia has reiterated government’s commitment at ensuring efficient and effective delivery of public services through digitization. According to him, it will also provide a better way of targeting those who need help and allow for more transparent public administration. The vice president made the remarks when he delivered the keynote address […]
Collapse of local banks: UT Bank Receivers sue Ibrahim Mahama over unpaid 358m Ghana Cedi loan
The receivers of the collapsed UT Bank have dragged a businessman, Mr Ibrahim Mahama, and four of his companies to court for owing the bank GHS358.8 million. According to court documents, Mr Mahama’s companies owed the bank outstanding loan repayment balance of $35.7 million and GHS189.1 million as of the time the bank’s licence was […]
Ghana to be hub for Nissan in West Africa as company moves to establish manufacturing plant
Ghana has signed a Memorandum of Understanding with Nissan Group of Africa for the establishment of an automotive manufacturing industry in Ghana, which will make Ghana the hub for sales and marketing of Nissan in West Africa. This was announced on Tuesday, 6th November, 2018, when the Managing Director of Nissan Group of Africa, Mike […]
Digitizing Ghana: South Africa to learn from Ghana’s digital address system-Ambassador Lulu Xingwana
The South African Ambassador to Ghana, Her Excellency Madam Lulu Xingwana has expressed satisfaction with Ghana’s rolled-out digital property address system. Ambassador Lulu believes Ghana’s digital address system is innovative and shows Ghana’s readiness to leapfrog its technological drive for rapid economic development. The ambassador made this observation when she led a team of MBA […]