BUSINESS NEWS

The President of the Republic, Akufo-Addo has received the KPMG audit report on the revenue mobilisation contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML). The report was delivered to him on Wednesday, March 27, as announced in a Facebook post by Eugene Arhin, the Director …

The Minority in Parliament has acknowledged recent shifts in the international cocoa market, particularly regarding price fluctuations. In a press statement signed by Ranking Member on the Parliamentary Select Committee on Food, Agriculture and Cocoa Affairs, Eric Opoku, the Minority highlighted that global cocoa prices have surged, reaching an unprecedented …

The former President and the flagbearer of the National Democratic Congress (NDC), Mr.  John Dramani Mahama has criticized Energy Minister, Matthew Opoku Prempeh, over his dismissive response to demands for a load-shedding timetable amidst the recent power outages in Ghana. Dr. Opoku Premepeh in an earlier interview, dismissed calls for …

The Minister  of Foreign Affairs and Regional Integration  Shirley Ayorkor Botchwey has clarified that government’s recent increase in passport fees is not aimed at imposing financial hardships on Ghanaians. According to her, the government spends GH¢400 on each passport, with the applicant paying GH₵100 and the state absorbing GH¢300, emphasising …

The Ranking Member on the Foreign Affairs Committee of Parliament and MP for the North Tongu Constituency, Samuel Okudzeto Ablakwa, has voiced his dissatisfaction with the Foreign Affairs and Regional Integration Ministry’s decision to increase passport application fees. The Ministry of Foreign Affairs and Regional Integration earlier announced upward adjustments …

The government of Ghana has taken delivery of the first unit of two modern trains procured from Poland for railway transport in the country. The first train for Ghana Railways to operate both regional and long-distance lines arrived in the country a few days ago. Deputy Information Minister Fatimatu Abubakar …

The current Member of Parliament of the Abuakwa South constituency, Samuel Atta Akyea, has urged the Electricity Company of Ghana to release a schedule for the current power outages (dumsor). According to the Chairman of the Energy Committee of Parliament, there is no prior notice from ECG as electricity goes …

The Electricity Company of Ghana (ECG) has disclosed that it issued over 100 notices of power outages in the first quarter of 2024. Much of the notices, according to the power distributor, were to pave the way for maintenance works to be carried out on some of its transmission equipment. …

A stalwart of the New Patriotic Party (NPP), Gabby Asare Otchere-Darko, is looking for answers to the ongoing power supply challenges being experienced in certain parts of the country, otherwise known as dumsor. He says he cannot fathom why the nation had a stable electricity supply even at the peak …

Mr. Anthony Oteng-Gyasi’s resignation as the board chair of the Ghana Revenue Authority (GRA) has been accepted by President Nana Addo Dankwa Akufo-Addo. Dr Oteng-Gyasi’s resignation was followed by the dissolution of the board of GRA. President Akufo-Addo subsequently appointed Madam Julie Essiam as the new Commissioner-General of the Ghana …