Business
NDC left $345m debt at TOR, we’ve done better – Amin Adam
Dr. Mohammed Amin Adam, Deputy Minister of Energy in charge of the Petroleum Department, stated that the New Patriotic Party (NPP) government’s management of the Tema Refinery (TOR) affairs is better than the previous National Congress of Democracy (NDC) government. According to him, TOR has witnessed the growth during the…
Read More »Govt has completed 51 warehouses out of the 80 promised – Agric Ministerc
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, revealed that of the 80 warehouses built across the country, 51 are ready. He said in the “National Building” update series on Tuesday, November 3, that the government will soon commission the completed warehouse. He said: “We have decided to…
Read More »Fifty young entrepreneurs receive support from NBSSI
The National Small-scale Industry Council (NBSSI) provided 50 young entrepreneurs in Bono with a start-up kit to promote their business development. NBSSI’s Young Entrepreneur and Employment Program (YEEP) provided support for it, which, in cooperation with the Mastercard Foundation’s Young Africa Project, created substantial and dignified jobs for young people…
Read More »Deregulating OMCs has benefited Ghanaians – NPA
The National Petroleum Administration (NPA) has observed that the deregulation policies introduced by the downstream sector encourage competition, which will benefit consumers in the long run. NPA CEO Alhassan Tampuli said that the regulatory agency allows marketers and importers of petroleum products to sell directly to consumers by setting their…
Read More »Laws needed to support growth of entrepreneurship
The lack of laws that support the development of entrepreneurship and job creation is the reason for the failure of young entrepreneurs in the country. Dennis Ofosuapea, legal adviser to the National Youth Administration Council, said during the launch of the “drafting a bill to support entrepreneurship” in Accra on…
Read More »‘We’ve not been declared HIPC; that’s a fact’ but Mahama has a point – Seth Terkper
He was the former Finance Minister of the former John Dramani Mahama government, and he said that Ghana has not yet been declared a Heavily Indebted Poor Country (HIPC). When Bobie Ansah appeared in the show on Wednesday, October 28, 2020, and was asked whether Ghana is now a heavily…
Read More »Finance Minister projects strong economy for Ghana in 2021
The Minister of Finance, Mr Ken Ofori-Atta, has projected Ghana’s economy to rebound strongly in 2021 at 5.7 percent as a result of the implementation of the transformation phase of the Ghana CARES programme. He said the Government intended to scale down the expected 2021 Fiscal Deficit from 9.6 percent of…
Read More »Ghana heads for biggest fiscal deficit in history
The International Monetary Fund (IMF) is predicting that Ghana’s fiscal deficit will reach 16.4 per cent of GDP this year, the largest in the country’s history. The record deficit projection comes on the back of the devastating effect of the coronavirus pandemic, which caused a huge shortfall in government’s revenues…
Read More »Pay us or lose our votes – Menzgold customers threaten Akufo-Addo
Some of Menzgold’s aggrieved clients have called on the ruling New Patriotic Party (NPP) to provide a timetable to pay for its locked-up funds or risk losing votes. The tortured members of Menzgold have let the government decide their own destiny before October 12, 2020. Aggrieved depositors say their plight…
Read More »Oil contracts cancelled over Coronavirus
Egbert Faibille Jnr., CEO of the National Petroleum Commission, revealed that the coronavirus has caused the cancellation of some oil contracts. Egbert Faibille also pointed out that the impact of the cancellation of contracts caused by COVID-19 has affected local work in the oil and gas industry. “Among the reduced…
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