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According to the Ministry of Public Enterprises, 17 closed state-owned businesses will be sold. These organisations include, among others, the State Construction Company, the Bonsa Tyre Factory, and the Bolgatanga Meat Factory. A review of the companies, according to the Ministry, showed that the businesses are liabilities to the nation because they have been costing […]
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Isaac Adongo, the deputy ranking member on the finance committee of parliament, has harshly criticised Dr. Ernest Addison, the governor of the Bank of Ghana, for the delay in submitting the central bank’s financial statements. Adongo claims that the Bank of Ghana is required by law to submit its financial statements by the 15th of […]
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Ghana’s June 2023 inflation rate increased slightly from the 42.2 percent seen in May 2023 to 42.5 percent. Food and non-food items account for 54.2% and 33.4%, respectively, of this inflationary trend, according to the government statistician, Professor Samuel Kobina Annim. While the inflation rate for locally produced goods was 35.9%, it was higher for […]
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On Friday, June 23, 2023, the Kempinski Gold Coast Hotel hosted the 5th annual Health Environmental Safety & Security (HESS) awards ceremony. FBNBank received the Employee Empowerment Excellence Award. The goal of the HESS awards is to recognise and honour outstanding businesses for their outstanding work in the fields of occupational health, environment, safety, and […]
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The Minority Caucus’ boycott of parliamentary business without an official communication to that effect is a violation of the house’s standing rules, according to Speaker of the House Alban Bagbin. The Standing Orders of Parliament state that a Member of Parliament must vacate their seat after missing 15 sittings without the Speaker’s permission and being […]
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In response to accusations of child trafficking made by BBC Africa Eye in a recent documentary, International Justice Mission (IJM) has issued a statement. The BBC Africa Eye’s allegations were described as “incredibly concerning” by IJM Ghana, an organisation that has been fighting child trafficking on Lake Volta since 2015. It also stated that it […]
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The Narcotics Control Commission Amendment Bill 2023, which makes substantial changes to the production of cannabis for both industrial and medical uses, has been approved by Parliament. The modified measure allows the Ministry of Interior to award licences for cannabis growing, allowing this plant to be used for a number of advantageous purposes. This outcome […]
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A historic operation led by the Bureau of National Investigations (BNI) and the Ghana Revenue Authority (GRA) culminated in the arrest of officials of Wan Heng Ghana Ltd., a Chinese-owned cement production business. Due to alleged tax irregularities totaling GH500 million, the company’s managers were detained. The joint operation is the result of a tip […]
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Antonio Rudiger, a defender for Real Madrid, is currently vacationing in Ghana after a demanding season that required him to juggle club and national team commitments. The German international spent time with pals while on vacation after arriving in Ghana over the weekend. Kingsley Schindler, a footballer from Ghana, and Rudiger were seen having fun […]
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Ghanaian music legend TiC has been named as the brand ambassador for OA Pay, an Africa-first money transfer network established in the United Kingdom.One Africa Technologies Ltd.’s registered trademark, OA Pay, takes pride in being a genuine homegrown remittance platform governed by the Financial Conduct Authority (FCA) in the UK.The partnership will allow the Ghanaian […]
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