Business

Government has confirmed that it has commenced efforts to get the country’s share of the Airbus compensation repatriated to Ghana. Information Minister Kojo Oppong Nkrumah said government has, since June this year, been engaged with an international law firm with extensive experience in investigations and anti-corruption to see how they …

The Association of Kente Weavers in the Volta Region have called on President Akufo-Addo to intervene and ensure the disbursement of MASLOC loans they have applied for since August 2019. According to the Kente weavers, loan applications for some 425 members which have been approved by Microfinance and Small Loans …

Fishery experts are pushing for the securing and mapping of fish landing sites in order to protect the livelihood of over 3 million fishermen. The experts note that current encroachment and sale of lands along landing sites are adversely affecting fishing activities. Programs Manager of fishery advocacy group Friends of …

The Ghana Revenue Authority has begun processes to co-opt the Nation Builders Corps (NABCo) personnel within GRA as permanent staff. A memo from the Human Resource Department of the GRA has directed heads of department, area managers, among others to begin an online aptitude test today that will enable the …

The acquisition of 100% shares of merged companies; Airtel and Tigo, by the Government of Ghana is in advanced stages. It will be concluded by the execution of definitive agreements shortly, a statement from the Government announced. Government said the decision is aimed at protecting jobs and safeguarding the interest …

The Minister of Finance, Ken Ofori-Atta, will later today, Wednesday, October 28, 2020, present a budget to Parliament to cater for the first quarter of 2021. The expected presentation, known as Expenditure in Advance of Appropriation, has become a usual characteristic of election years to prevent transitional challenges in the …

Government says it has created over 57,000 job opportunities through its flagship 1D1F program. This was disclosed by the Trade and Industry Minister, Alan Kyerematen at the Nation Building Updates in Accra on Thursday, September 8, 2020. Speaking on the theme “Industrializing Ghana; One District at a Time, the Minister …

Government says 232 out of 260 factories under its flagship 1D1F industrialization program are near completion with some operating at full capacity. Trade and Industry Minister, Alan Kyerematen who announced this at the Nation Building Updates held in Accra on Thursday, September 8, 2020 also disclosed that “through the 1D1F …

The Director-General of the Security and Exchange Commission (SEC), Reverend Daniel Ogbarmey Tetteh has assured that government will settle the claims of all affected depositors in the recent cleanup exercise of the financial investment sector. According to him, out of the 53 affected firms, his outfit has been able to …

Despite Ghana’s economy shrinking by 3.2 percent in the second quarter of the year, the central bank says the economy is on a recovery path as its measure of economic activity shows positive signs. “High frequency data available to the Bank of Ghana show some green shoots of rebound in …