XpressGas Limited, a distributor and marketer of Liquefied Petroleum Gas (LPG) in Ghana, has supported two special needs schools with free LP gas for a year, as well as donations worth GH₵15,000. The schools are the New Horizon Special School and Dzorwulu Special School. The Board Chair of XpressGas Limited, Prof....
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says although his administration has only been in office for 15 months, the track record of Government, in the first year, indicates that the Agenda for Jobs, which formed the basis upon which he won the 2016 election, is on...
The Inflation Rate for March 2018 dropped marginally to 10.4%, representing 0.2% decrease from the 10.6% recorded in February, 2018. According to the release issued by Ghana Statistical Service at a news conference (GSS) in Accra, “the year-on-year inflation rate as measured by the Consumer Price Index (CPI) was 10.4...
Vice President of the Association of Ghana Industries (AGI), Humprey Ayim-Darke, has asked government to adopt innovative ways of financing planned reforms at the country’s seaports without levying shippers overbearingly. Specifically, he called for a shift from situations where shippers are made to bear the cost of revenue enhancing programmes...
Delays in the completion of some projects - notably roads, schools among other infrastructure funded with proceeds from the petroleum revenue - led to cost overruns of at least GH¢104million, according to some 11 projects monitored by Public Interest and Accountability Committee (PIAC). In some cases, the cost of projects...
HFC Bank has given indication it will raise an additional GH¢255million through a renounceable rights issue, in a bid to meet the GH¢400million new minimum capital requirement. The bank raised GH¢50million in a similar fashion in November 2017 to meet the then-minimum capital requirement of GH¢120million; and according to its...
The economy grew by 8.5 percent in 2017 as against a 6.3percent target - the highest since 2012 when it grew by 9.3 percent, figures released by the Ghana Statistical Service (GSS) for quarter four of 2017 have shown. Economic growth has remained under 8 percent since 2013, recording 7.3...
Indigenous airline Africa World Airlines (AWA) is scaling-up its sub-regional operations with the addition of Freetown, Sierra Leone, to its destinations. The airline’s new service to Freetown is expected to offer more travelling options to Ghanaians seeking to do business in neighbouring West Africa states or travelling for pleasure. AWA is...
Dr. Kwaku Afriyie, Western Regional Minister, has noted that revenue mobilisation in the country has not kept pace with the growing demands of citizens for development projects and better services from government. “Revenues have not been able to keep up with these demands, thus creating a deficit that has to...
The Akotoe Tsrebuana D/A Primary School in the Upper Manya Krobo district of the Eastern Region has taken delivery of a four-bedroom bungalow valued at over GH¢60,000 that was constructed and presented to the school authorities by Upper Manya Kro Rural Bank Limited. In a brief dedication ceremony last week,...