Unlike Bogoso Gold Limited that made severance payments to its employees during the takeover of the gold mine by GSR in 1999, Golden Star Resources GSR through its actions and in-actions has expressed its unwillingness to pay severance packages of employees affected by the sale of its Bogoso-Prestea gold...
Government has assured that it will work to further reduce the cost of electricity in Ghana to help drive its industrialisation agenda in the private sector.
Currently, Ghana has one of the highest per kilowatt cost of electricity to industry in the West African sub-region, even though government has reduced...
Markets in Ahafo benefit from exercise
The third phase of the national market disinfection exercise is currently underway in six districts of the Ahafo Region.
The districts are Asunafo North, Asunafo South, Asutifi North, Asutifi South, Tano North and Tano South.
The exercise - aimed at curbing the spread of COVID-19 disease...
Saves GH₵130m after payroll clean-up
11,000 non-existent pensioners deleted
The Social Security and National Insurance Trust (SSNIT) has saved GH₵200million in legacy investment-related costs after undertaking value-for-money audits and ensuing renegotiations, Director-General of SSNIT, Dr. John Ofori-Tenkorang has said.
According to him, the exercise came on the back of...
The discovery of gas resources in abundance and efforts to invest in the necessary infrastructure will guarantee the power sub-sector’s future in the medium-term, while ongoing investments in nuclear and clean energy will ensure the economy enjoys reliable and cheaper power in the long-term, Minister of Energy Peter Amewu...
Akuapem Rural Bank at Mamfe in the Akuapem North district of Eastern Region has posted a satisfactory operational performance in almost all financial indicators for the 2019 year under review.
The bank’s deposits grew by 12.59% from about GH¢54.9million in 2018 to approximately
GH¢62million in the 2019 year under review. The...
Strategic Sourcing and Industrialisation insights with Prof Douglas Boateng
Although poverty remains an ever present challenge in Africa, the continent itself is certainly not poor. Collectively, poverty levels can be significantly reduced through changing industrial and personal sourcing behaviours. Enhanced intra-African trade, industrialisation, SMME growth and job creation are all...
Senior Partner at KPMG Ghana, Anthony Sarpong, has said that it is essential for a national development plan devoid of political manifesto influence to be drafted with the interest of all political parties in order to accelerate economic growth post COVID-19.
Speaking at this year’s Ghana Economic Forum organised by...
Today, I am seeking permission from the publishers of this paper and readers of my articles to wander through some random thoughts that have “arrested my attention over the past few weeks”.
Electioneering falsehoods
The first of these thoughts relate to the blatant lies that are being churned out in the...
Vivo Energy Ghana, the marketers and distributors of Shell-branded products and services has been awarded ISO 9001:2015 (Quality Management System) certification by the International Standards Organization (ISO).
The International Standards Organization is the global, independent and non-governmental standard-setting body, comprising of representatives from 165 national standard bodies.
The ISO certification is...