Sunday, June 26, 2022
Southeast Asian nation targets 300,000mt to Ghana next year West Africa imported 1,000,000mt in 2016 In just the first three quarters of 2017, the country imported 213,000 tonnes of palm oil from Malaysia, valued at US$149.1million and representing more than 70 percent of total imports of the commodity within...
The Institute for Fiscal Studies (IFS) has said the over-GH¢2.7billion shortfall in government’s domestic revenue in the first half of this year must trigger an extensive strategy to boost government’s domestic revenue. Executive Director of the policy think-tank, Prof. Newman Kusi - speaking at the institute’s 2018 pre-budget forum -...
An issue under current discussion is whether Ghana should add the ESLA-backed Energy Bond it is about to issue to public debt, instead of remaining on VRA’s Balance Sheet—as assigned to a special purpose vehicle (SPV) called ESLA Plc. ESLA means Energy Sector Levy Act, 2015 (Act 899). Ghana has...
It would cost government more than US$420 million to roll out solar power generation in all second cycle schools across the country. This amount, however, would not include subsequent maintenance of the equipment. The Deputy Director of Renewable Energy at the Ministry of Energy, Seth Mahu who disclosed this indicated that...
The First Lady, Mrs. Rebecca Akufo-Addo, has urged women leaders to continue the drive for greater inclusion of women in all facets of our national development. Speaking at the maiden edition of the Executive Women Network (EWN) Annual Conference held in Accra, she said: “Excluding women, who make up more...
The National Pensions Regulatory Authority (NPRA) has certified two trustees who are ready to roll out the newly-launched Diasporan Pension Scheme, targeted at Ghanaians living abroad who hope to return home on a good pension. Falling short of mentioning the two trustees, the Chief Executive Officer of the NPRA, Hayford...
Domestic passenger throughput for the first nine months of this year has increased by 26 percent - from about 136,731 to 184,772 - following abolition of the 17.5 percent Value Added Tax on domestic airfares. The Deputy Minister of Finance, Kweku Kwarteng, told this to Members of Parliament on the...
The Public Services Commission (PSC) is hopeful of extending its Human Resource Management Information System (HRMIS) project to all Ministries, Departments and Agencies (MDAs) by end of year, to completely expunge ghost names from government payroll. “The HRMIS system, when fully operational, will reduce the possibility of ghost names or...
Cement manufacturers have called on government to check unfair trade practices in the country’s cement market. The Cement Manufacturers Association of Ghana (CMAG) has consistently indicated that its advocacy for protecting the local cement industry is not to stop competition, but rather a crusade against the unfair trade practices surrounding...
Parliament is expected to task the regulatory bodies in the financial sector – Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC) – to not hesitate in dealing with recalcitrant players to maintain sanity and trust in the industry. A source close to the Finance Committee of Parliament...
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