The Ministry of Education (MoE) has finally received clearance to employ over 22,000 personnel --both teaching and non-teaching staff-- after government put a ban on employment in the education sector in the last few years. “The ministry has received clearance to replace, recruit, reappoint and re-instate 22,802 personnel of different...
The regulator of mobile money services, the central bank, has been urged to come up with an urgent policy that offers protection to consumers of mobile financial services in the event of any service provider’s collapse. Isabelle Barres, VP of the Center for Financial Inclusion and Director of Smart Campaign...
There is a certain mistrust that characterises NDC-NPP politics in Ghana and which is making the country look, increasingly, like it does not uphold the sanctity of contracts; and experts warn this could give investors the wrong impression. While contract cancellations have led to judgement debts in the past, with...
The Ghana Revenue Authority (GRA) has been charged to take advantage of the numerous opportunities afforded by technology to increase the tax to GDP ratio, and thereby help reduce the country’s dependency on aid and donor support. “The country’s tax to Gross Domestic Products (GDP) ratio, which is quite alarming,...
A draft report that will see 70 percent of government of Ghana-funded projects go to local contractors has been completed, and is expected to be submitted to Cabinet and Parliament for approval soon. The new policy, government believes, will help grow local businesses. It is aimed at empowering indigenous contractors, and...
As from 1st January 2018, Ghanaian farmers will be able to resume exports of all plant commodities to the European Union (EU) market. This follows the European Commission's decision to lift the current ban on the exports of five plant commodities from Ghana to the European Union (EU) market on...
A total of 1,000 Ghanaians will receive training annually as part of the newly launched Accelerated Oil and Gas Capacity Programme (AOGC), President Nana Akufo-Addo, has said. Two hundred Small and Medium Scale Enterprises (SMEs) will also be provided with the capacity to gain a competitive advantage in the industry...
The greatest challenge confronting the economy is how to create decent jobs for the millions who are desperately seeking them, the Ghana Trades Union Congress (TUC) has lamented. In a statement titled Proposals for the 2018 budget and economic policies of government, the union said: “We expect the 2018 budget...
Ghana’s hopes of raising a debt without sovereign guarantee did not yield the expected results, and the outcome has been met with mixed reactions from industry and academia. A statement from ESLA Plc. - the Special Purpose Vehicle (SPV) established to raise the bond with backing from the Energy Debt...
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited has announced a special loan package for both existing and new customers of the Bank at 15% to 17% interest depending on the income profile of applicant. The interest rate of 15% to 17% being offered by the bank, is...