By Monday, February 12, 2018, the Social Security and National Insurance Trust (SSNIT), Ghana Revenue Authority (GRA) and Accra Metropolitan Assembly (AMA) will all have units at the Registrar General’s Department, to quicken the business registration process. This means people seeking to start businesses will not have to visit the...
The Bank of Ghana will commence implementation of the Deposit Insurance scheme in the second quarter of 2018. Parliament, in 2016, passed the Deposit Protection Act which seeks to establish a deposit insurance (DI) scheme to protect depositors in the event of bank failure. The scheme, among other things, seeks to...
While government has pared down the extent of havoc caused by the Fall Armyworm (FAW) invasion across several farming communities last year, the pests have left in their wake a hike in the price of maize. Maize, a staple food for millions of Ghanaians, was one of the major grain...
Nana Addo Dankwa Akufo-Addo will, today, deliver his second State of the Nation Address, exactly 13 months after he was sworn in as President. On January 7, 2017 when he was sworn in, one of the daunting tasks he faced was getting the ailing economy under the care of the...
Large corporate organisations and public-sector institutions can receive instant payment electronically if they sign onto the e-bills pay system introduced by the Ghana Interbank Payment and Settlement System (GhIPSS). This should address payment challenges and improve efficiency at these organisations. The e-bills pay system is targetted at large organisations such...
The National Petroleum Authority (NPA), has expressed displeasure at some groups’ decision to demonstrate against recent increases in prices of petroleum products at the pump by some oil marketing companies. Following reports of the Chamber of Petroleum Consumers (COPEC) and Industrial and Commercial Workers Union (ICU)’s intended demonstration this week,...
What a State of the Nation Address must do. The State of the Nation Address (SONA) is the most important speech of the Presidency in any given year. The SONA is the President's prime avenue or opportunity to make his case concerning how he is steering the nation, account for...
Brussels Airlines, an airline giant has made changes to its top management, appointing Christina Foerster as it new Chief Executive Officer effective April 1, 2018. She becomes the first-ever female to head a Lufthansa Group airline replacing Bernard Gustin who has been at the position since June 1, 2012. In a...
Government has launched a public register of petroleum contracts, agreements, authorisations and permits in a bid to enhance transparency and accountability in the upstream oil and gas sector. The register, which was curated by senior staff of the Petroleum Commission, is hosted via a web portal and presently contains 17...
Fiscal policy think-tank, the Institute for Fiscal Studies (IFS), has commended plans by government to hedge the country’s oil imports as part of moves to ensure some form of price stability. Speaking at a press conference in Accra, Prof. Newman Kusi-Executive Director of the institute, said the development is a...