The government is hoping to realize an approximately US$886 million as petroleum revenue for 2021. This is made up of Royalties of US$201.0 million, Carried and Participating Interest of US$524.9 million, Corporate Income Tax of US$158.5 million and Surface Rentals of US$1.30 million. In accordance with the Petroleum Revenue Management Act...
Governments and policy makers must focus on saving lives and economies at all cost without regard to Debt to GDP ratios. We are in a very difficult time globally. The world is faced with a serious pandemic that’s ravaging all economies. World economic giants are all scrambling to stop...
After his younger brother joined him in secondary school, the pressure was enormous on a single mother who had taken the responsibility to take care of three (3) boys. At the time, he was in form 5 and had just a year or two to wrap up his secondary...
Government has been entreated to incentivise businesses to invest in educational partnerships and research. This, according to the founder of the Accra Business School, Bishop Gideon Titi-Ofei, is to bridge the gap between academia and the industry. He explains this can be done through effective policies monitored by an...
The Minister for Transport, Kwaku Ofori Asiamah, has led a team to inspect Ho Airport ahead of the 66th Independence Anniversary celebration scheduled to take place at Ho, the Volta Region capital. The team, together with Volta Regional Minister, Dr. Archibald Letsa, inspected the operational areas: namely the Arrival and...
Governments in the 175-member states of the International Maritime Organisation (IMO) have been charged to show courage in the fight to reduce carbon emissions in the shipping industry. Countries and their political leaders must be brave in their support for the maritime decarbonization agenda if the destructive effects of carbon...
The Governing Council of the Ghana Institution of Engineering (GhIE) has appointed Ing. David Kwatia Nyante as Executive Director of the Institution effective July 1, 2021. He takes over from Ing. Kwabena Agyei Agyepong, who has successfully completed his term of service Ing David Kwatia Nyante has about 3 decades...
Without proper adherence to ethical guidelines such as the Ghana Banking Code of Ethics and Business Conduct, banks and businesses will be doing great a disservice to their businesses specifically and the economy in general, Julian Kingsley Opuni, Managing Director of Fidelity Bank, a leading indigenous lender, has said. “Ethics...
The Vice-Chancellor of the University for Development Studies (UDS), Prof. Gabriel Ayum Teye, has cut sod for the construction of a three-storey office complex for the West African Centre for Water, Irrigation and Sustainable Agriculture (WACWISA), at the Nyankpala campus of the university. The project, funded by the World Bank...
Stanbic Bank Ghana, as part of its ‘All for One’ campaign, has delivered 3,008 units of COVID-19 Polymerase Chain Reaction (PCR) test kits and 3,072 units of Nucleic acid (RNA) extraction kits to the Ghana Health Service (GHS) to enhance its COVID-19 testing and early case detection capacity. This is...