Director-General of the Internal Audit Agency, Dr. Eric Oduro Osae, has disclosed that government initiated processes to restructure the Internal Audit Agency and effectively prevent financial irregularities in the public sector. The move is part of measures to ensure judicious utilisation of the International Monetary Fund’s (IMF) US$3billion three-year extended...
The Ghana Chamber of Mines says exploration investment in the country has declined significantly in recent years. According to its Chief Executive Officer (CEO), Dr. Sulemanu Koney, this has serious implications given mining’s fiscal and forex revenue importance to the economy. Mr. Koney believes taxes on exploration activities should be addressed,...
AstraZeneca, the Ghana Health Service and PATH Ghana have marked the one-year anniversary of the Healthy Heart Africa programme’s launch in Ghana. Over the first year of implementation, the programme has conducted over 275,800 blood pressure screenings in communities; identified over 44,500 elevated blood pressure readings; and diagnosed over 10,200...
COVID-19 has had devastating effects on businesses of all shapes and sizes around the world. This has caused a drastic shift in conduct and behaviour at work. It is affecting organisational culture, human interactions at work among others. Various measures have been put in place to contain and curb...
This year’s World Maritime Day was celebrated last Friday on 24 September in the form of an online event. A global audience heard how innovation, the maritime workforce and the role of industry and governments can work to realise shipping's sustainable future. They raised issues and highlighted solutions facing shipping, particularly...
Minister-designate for Health, Kwaku Agyeman-Manu, was grilled at his vetting by Parliament’s Appointments Committee yesterday, and as an old horse in the stable he acquitted himself quite creditably. However, he made a statement that sounded a little ambiguous when queried about the intended 88 hospitals the president promised to construct...
The Bank of Ghana’s (BoG) decision to implement an e-cedi currency came like a bolt from the blue, and has got tongues wagging. The electronic currency is among other reasons aimed at enhancing low transaction costs, improving security of payments as well as ensuring higher monetary transaction limits. According to the...
The Department of Factories Inspectorate, a department under the Ministry of Employment and Labour Relations, is in utter neglect - posing grave harm to factory workers and Occupational Safety and Health (OSH) issues. For instance, an estimated 800 inspectors are required to effectively oversee the supervision of factories’ health and...
The country’s four financial sector regulators have failed to publish their respective annual reports, raising concerns among industry experts and stakeholders alike. Consequently, they warn that failure of the Securities and Exchange Commission (SEC), National Insurance Commission (NIC), Bank of Ghana (BoG) and National Pensions Regulatory Authority (NPRA) to publish...
A recent PwC report shows that although the banking sector is making progress toward gender equality, there is still a significant climb to reach anywhere near gender parity. Titled ‘Changing Currency’, the report with the tagline ‘examining trends and challenges of female participation in Ghana’s banking sector, sheds light on...