Whilst the regulator has given March 15 for electricity tariff reductions to take effect, the ECG has said it can only implement the adjustment beginning April 1, arguing that setting aside its monthly billing cycle could create billing discrepancies. Speaking at a press briefing in Accra, Managing Director of ECG,...
The winner of the maiden edition of the McDAN Entrepreneurship Challenge with practical business ideas is expected to receive US$25,000 as prize money to start their business venture. Speaking at the launch of entrepreneurship challenge on Monday in Accra, Kelvin Peter Atuguba, founder of Today’s Entrepreneurs Network (TEN) Ghana, explained...
The Ghana Chapter of Globally Reaching Olam Women (“GROW”), a dynamic voluntary association of women workers in Olam’s worldwide operations, was launched as part of the company’s activities marking celebration of International Women’s Day 2018. Fifty female staff from different businesses and divisions of Olam Ghana across the country congregated...
As details of the Exxonmobile deal emerge, civil society actors are expressing alarm at the sweeping tax breaks the government of Ghana has granted the oil major, including a ten-year tax holiday which sets aside the five years allowed by the Petroleum Income Tax Act law. “The law provided that...
The Netherlands Ambassador to Ghana, Ron Strikker has called the government to be bold and cut down on the huge food imports and produce locally. According to Mr. Strikker, Ghana has the green lands and skill set to produce most of the food its import like rice, sugar, frozen chicken...
Govt. made great strides to combat cyber-crime and crack down on IP infringement The Government of Egypt has announced that it is setting up a specialized digital forensic lab for Intellectual Property as part of its enforcement schemes of combating software piracy. The new lab, the first of its kind in...
Goldfields Ghana Limited has said it will disengage the services of around 1,350 workers, and not 2,150 - with the contractor under its new contract mining arrangement expected to absorb about 80 – 85 percent of them. The company said this in a letter dated March 9, 2018, signed by...
Chief Executive Officer of Ghana Cocoa Board (Cocobod), Joseph Boahen Aidoo, has assured lenders that the company is on course to meet its financial obligations in respect of the US$1.3billion syndicated loan, in spite of a dwindling crop harvest caused by dry weather and plant disease. “We have shown over the...
It has been a year and three months since the last board of the National Pensions Regulatory Authority (NPRA) was dissolved, just like many other state institutions. Whereas most of those institutions have had their boards reconstituted, that of the NPRA, a critical state institution whose work borders on ensuring...
Posts 23.3% revenue increase in 2017 Data revenue increases by 50.6% 6.5 million active data subscribers Active Mobile Money subscribers hit 7.1 million In fulfillment of the terms of its 4G licence, MTN Ghana - the largest telecommunications company in the country with 15.7million subscribers - has said...