The CEO of the Savannah Accelerated Development Authority, Dr. Charles Abugre, has stated that the Northern-Southern Highway to be implemented by the Akufo-Addo-led administration will cost the country US$1billion. He made this statement during the signing of a Memorandum of Understanding (MoU) between the Ghana Investment Promotion Centre (GIPC) and...
With increased mining activity in West Africa, especially Ghana, it has become essential to have adequate and necessary training facilities to train and empower its workforce so as to ensure that safety practices meet international standards. It is on this premise that Ghanaian-owned service provider Rigworld International Services has led...
The Managing Director of GCB Bank, Mr. Anselm Ray Sowah, said that the quality of Customer Service in the bank will see a major turnaround by the middle of next year. “I want to see a new GCB delivering a totally different quality of service, a very efficient and exciting...
Construction of a new terminal building for the Tamale Airport is expected to begin in the coming months, as government seeks to position it as the second international airport of the country. The country has only one operational international airport, and completion of the Tamale Airport Terminal and designation of...
As Ken Ofori-Atta heads to Parliament this morning to deliver the Akufo-Addo government’s second budget statement in the space of ten months, there is a lot of pressure on him to translate the modest gains made in the macroeconomy to real economic growth. The performance of the economy in the...
Although they are waiting to see whether the expected power tariff reduction will be in respect of levies or cumulative tariffs, players in the industrial sector have said a 25 percent reduction, as Vice President Bawumia has hinted, would be most welcome - at least for a start. “That would...
Parliament has finally passed the Office of the Special Prosecutor bill which will allow for the establishment of an independent anti-corruption institution to deal with public officials who have been deemed or found liable to corrupt dealings. The Bill was passed amidst controversy over whether the prospective Special Prosecutor should...
The Chief Executive of the Petroleum Commission, Mr Egbert Faibille Jnr, has warned companies engaged in transfer pricing to stop the practice immediately or face the wrath of the Commission, as such practice impacts the economy negatively. He confirmed that the Commission is fully aware that most foreign companies in...
The Vice President, Dr. Mahamudu Bawumia, has asked the Domestic Tax Revenue Division of the Ghana Revenue Authority to take advantage of technology to implement an e-solution platform to administer taxes. “I believe we have reached a stage in our development where we must adopt appropriate, current and improved technology...
The National Information Technology Agency (NITA), a state agency, is to review its regulations next year to compel government institutions to use digital solutions developed for their operations. Veronica Boateng, ICT Applications Specialist at NITA said: “Strong and stringent policies will have to be adopted to ensure that the users...