Government’s continuous neglect of mining communities in terms of providing good roads and other social amenities has far-reaching consequences, chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi Gyamfi, has said.
He challenged government to complement the Corporate Social Responsibility (CSR) efforts of mining firms and channel development...
As Identity theft and fraudulent transactions gain grounds in the global banking system, the West African Monetary Institute (WAMI), is collaborating with all Central Banks within West African Monetary Zone (WAMZ/Zone) to launch the Bank Verification Number (BVN).
According to the WAMI, the move is expected to ensure that individuals...
Ghana’s inflation rate for February 2018 has gone up by 0.3% bring the rate to 10.6 per cent, up from the 10.3% recorded in January 2018.
The monthly change rate for February 2018 was 0.9%, compared to the 1.4% recorded for January 2018.
According to a release from the Ghana Statistical...
In a bid to ensure that Ghana is not left behind in the agenda of a connected world, MTN Ghana has introduced MTN Security Solutions - an ensemble of security devices in a one-stop-shop that is enabled with real-time viewing of videos or images.
This solution ensures protection of homes,...
Parliament has approved GH₵924m as GETFund Distribution Formula for the 2018 fiscal year.
Of the allocation, tertiary institutions are the highest beneficiaries, with an amount of GH₵328m earmarked for projects and programmes at these institutions.
According to Parliament’s Committee of the Whole report, secondary and basic schools were allocated GH₵256m and...
The Minister of State in Charge of Public Procurement, Hon. Sarah Adwoa Safo, has told the National Democratic Congress (NDC) Member of Parliament (MP) for Ashaiman, Ernest Norgbey, to direct all his questions relating to the procurement of 1,800 used vehicles by the Microfinance and Small Loans Center (MASLOC)...
Shama Cooperative Credit Union (SHAccu) has recorded an impressive growth as its income rose to GH¢3million in 2017 from GH¢2.7 million recorded in 2016 and
The company also within the same financial period recorded a surplus of slightly above GH¢131 million.
Total assets also rose from GH¢12.4million in 2016 to GH¢14.3...
A consultant to the Ghana Alternative Market (GAX), David Tetteh, has advised against the practice wherein companies only approach the capital market as a last resort when they are in distress.
Against the backdrop that access to credit has been the bane of many businesses in the country, he noted...
interest payments to surpass wages and salaries
Ghana’s debt situation is such that out of every cedi collected in taxes by the Ghana Revenue Authority (GRA), 42 pesewas - almost half - is used to pay interest on the country’s debt; taking resources away from critical sectors, analysis by...