BUSINESS NEWS

Individual Bondholders’ Association of Ghana (IBHAG) is not enthused about happenings amid the deliberations regarding government’s Domestic Debt Exchange Programme (DDEP). The Association has, on the back of this, recused itself from the Technical Committee superintending discussions over the debt restructuring. He says the discussions so far appear not to …

His Lordship Yonny Kulendi of the Supreme Court of Ghana has bemoaned the challenges facing public servants in Ghana. In a recent speech, he highlighted the pressure that comes with being a public servant explaining that people in the community assume holding a big position in government automatically meant one …

The Electricity Company of Ghana (ECG) has revealed that they would undertake planned maintenance on Sunday, April 23. The company indicated that the maintenance works are expected to improve their service delivery. In a press release, ECG indicated that some parts of Accra will have their lights taken off while …

The Minister of Energy and also a Member of the Parliament for Manhyia South Constituency in the Ashanti Region, Dr. Matthew Opoku Prempeh, has disclosed that some $2.5 million worth of crude condensate has gone missing at the Tema Oil Refinery (TOR). The Minister explains that his outfit secured a …

National Service Scheme is mandated to deploy a pool of skilled manpower drawn primarily from tertiary institutions to support the development efforts of both the public and private sectors in Ghana. As it is mandated by the constitution of Ghana that graduands from tertiary institutions are to serve the country …

The President of the republic, H. E Akufo-Addo has signed into law the three new tax bills recently passed by Parliament. Information Minister. Kojo Oppong Nkrumah made this revelation on JoyNews’ The Probe.   According to him, the document has since been given to the Clerk of Parliament for the …

The National Communications Authority (NCA) has ordered telecom operators to ensure that all disconnected subscriber identity modules (SIMs) comply with the 31 March 2023 deadline and are removed from SIM card registration databases. The NCA has mandated that the SIMs that have been removed from the databases of various networks …

The Finance Minister, Ken Ofori-Atta has urged the Board of Trustees of pensions funds to allow for pension funds to be included in government’s new proposed debt restructuring offer. The Minister in a signed release explained that the new proposal is aimed at alleviating the cash constraints on the government …

Ghana’s Ministries of Agriculture and Fisheries are crucial to the growth and administration of the nation’s agriculture and fisheries industries, respectively. These two ministries are essential to Ghana’s economy since the two sectors—agriculture and fisheries—contribute significantly to the GDP of the nation and offer employment to a sizable section of …

The Minister of Finance, Kenneth Nana Yaw Ofori-Atta , says Ghana should expect an International Monetary Fund (IMF) Board approval for a programme by the close of May 2023. According to him, Ghana has made significant progress, hence the need for it to get approval as soon as possible. Addressing …