Business
Bank of Ghana to phase out GH¢1 and GH¢2 notes soon
The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy. This was made known the Governor of the Central Bank, Dr, Ernest Addison on Monday, September 27, 2021. Dr. Addison said the two notes which are usually not in good shape will be replaced …
Read More »The private sector can drive Ghana’s economic recovery efforts – Trade Minister
The Minister of Trade and Industry, Mr Kwadwo Alan Kyerematen, says the private sector could drive the country’s economic recovery efforts following the ravages of the COVID-19 pandemic. He, therefore, underscored the need for government to provide the requisite support and incentives to the sector for it to become the…
Read More »From today, the Ghana Card will take the place of the TIN.
The Ghana Card will replace the Taxpayer Identification Number of individuals provided the Ghana Revenue Authority for tax identification purposes as of today, April 1, 2021. This move is in line with the government’s strategy of using a unique identifier for all transactions that include an individual’s identification. The…
Read More »The Auditor General’s report reveals $20 billion was stolen between 2017 and 2019
General Auditor Cash irregularities were discovered in Ministries such as Education, Roads and Highways, Jobs and Labor Relations, Health, and other government departments, according to the three-year report. Cash irregularities totaled GHS 40 million at the Ministry of Education, while procurement irregularities totaled GHS 10 million. GHS 86 million was…
Read More »Total Ghana Teamed with Star Assurance for free fuel
Total Ghana and Star Assurance have teamed up to create an improved loyalty program aimed at rewarding our joint transportation clients. The partnership aims to sell motor insurance and related products to all commercial drivers, especially Total Troxi Club members and the general public, with a free fuel offer depending…
Read More »Faulty Ecg Meters Are Destroying Ghanaian Businesses
The Managing Director of the Ghana Electricity Company Mr. Kwame Agyeman Badu received numerous complaints regarding the installation of new prepaid meters installed officials of the ECG. Residents of the Ledzokuku constituency filed a 28-page report concerning these newly installed meters lamented over how the meters had affected their…
Read More »Tomato traders association to embark on demonstration February 7
The Tomato Traders and Transporters Association of Ghana will embark on a strike action effective Sunday, 7 February 2020. The strike action the association is in protest against the spate of armed robbery attacks on its members on the Kumasi-Bolga-Burkina Faso road. According to the group, seven of its…
Read More »World risks uneven rebound on vaccine deficit – IMF
Rich countries are poised to recover from the global pandemic much faster than poor ones based on better vaccine access — and policymakers need to act to avoid deepening inequality between nations, the head of the International Monetary Fund said. Governments and multilateral organizations must help developing nations accompany advanced…
Read More »Kadijah Amoah appointed as CEO of Aker Energy Ghana
Aker Energy AS has promoted Country Director, Mrs. Kadijah Amoah as Chief Executive Officer, CEO, of Aker Energy Ghana Limited, effective 4 January 2021. In a statement issued the company, CEO of Aker Energy AS, Håvard Garseth, notes that the move shows Aker Energy’s commitment to becoming a fully…
Read More »Stock market closes flat as trading activity surges
Market Summary The benchmark index closed the session flat at 2,051.80 with a year-to-date return of 5.68% while the market capitalization was unchanged at GH¢55.59 billion. The GSE Financial Index stayed at yesterday’s level of 1,863.63 with a year-to-date return of 4.54% while the SAS Manufacturing Index remained unchanged at…
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