The implementation of the Cylinder Recirculation Model (CRM) is expected to create not less than 4,500 jobs, the National Petroleum Authority has indicated. With the first bottling plant expected to be operational this year, the CRM will provide opportunities for new players to join the value chain in the distribution of LPG in the country, […]
European Union (EU) member states have unanimously rejected a proposal by the EU Executive Commission (EC) to blacklist 23 countries, including Ghana and territories, it believes pose a high risk of money laundering or terrorist financing. According to the EC, the countries were placed on the blacklist for having strategic deficiencies in their anti-money laundering […]
The Managing Editor of Insight Newspaper, Kwesi Pratt Jnr. has pooh-poohed on government’s planned injection of some 800 million dollars to cushion the local currency, the Cedi to curtail its rapid depreciation against the major trading currency, the US Dollar. The free-fall of the local currency has become a major source of concern to various […]
All Singapore citizens aged 21 and above will get a one-off “SG Bonus” of up to S$300 each as the 2017 budget came in with a surplus of almost S$10 billion (US $7.6 billion), the city-state’s finance minister announced on Monday. Finance minister Heng Swee Keat made the announcement during his budget speech in Parliament, […]
A billionaire diamond trader has died during penis enlargement surgery at a clinic on the Champs-Elysees in Paris. Wealthy Ehud Arye Laniado was 65 when he died during the operation at a posh Parisian clinic. According to Le Soir, complications during surgery proved fatal for the Belgian-Israeli dual national and he suffered a heart attack when […]
President Akufo-Addo has charged the board of directors of the newly instituted Ghana Integrated Alu minium Development Corporation (GIADC) to ensure that a vibrant aluminium industry is established in the country. He noted that as the metal of the future, bauxite, the mainstay of the aluminium industry, was replete in Ghana and it was time […]
By Isaac AIDOO, Accra OmniBank Ghana Limited and Sahel Sahara Bank Ghana Limited (BSIC) have consolidated their operations into one entity. A press release issued by management of the new bank over the weekend to announce the completion of the merger process said the two entities will from today, operate under the name OMNIBSIC Bank […]
The Minister for Business Development, Dr Ibrahim Mohammed Awal, has been adjudged the Most Business-Oriented African Minister by the World Business Angels Investment Forum (WBAF). Dr Awal was chosen for his innovative initiatives that have enhanced the entrepreneurial ecosystem in Ghana, as well as his support for startups and small businesses in the country. The […]
The Minister of State in Charge of Public Procurement, Hon. Sarah Adwoa Safo, has sent a strong signal to all professionals in the procurement business, cautioning them to be disciplined as a new Code of Ethics which her outfit is spearheading will ruthlessly deal with those who will breach the guidelines. According to her, it […]
The Ghana National Petroleum Corporation (GNPC) Foundation has handed over 40 boreholes to 40 communities in the Northern Region. The 40 communities dotted across the region, had to rely on the use of unwholesome water for their daily activities including drinking, washing and cooking among other uses. The 40 newly constructed boreholes were handed over […]
The Secretary to the Inter-Ministerial Committee on Mining and Environment, Charles Bissue has explained that his decision to step aside to allow for investigations into allegations of corruption against him as contained in the latest video released by the Anas Aremeyaw Anas and his Tiger Eye PI team is to ensure transparency and accountability. According […]
The management of Ghana Cocoa Board (COCOBOD) has signed a new Collective Bargaining Agreement with the Industrial and Commercial Workers Union (ICU) and the General Agricultural Workers Union of Ghana (GAWU) to usher in a new era of major advances in the welfare packages of thousands of COCOBOD workers. The two unions, who represent over […]
