The Ghana Plastic Manufacturers Association has threatened to shut down production over the imposition of a 5% excise tax on locally produced plastic products. At a press conference, the President, Ebbo Botwe issued a week ultimatum to government to rescind the decision as it would impact their businesses. However, he …
Read More »Bill to regulate cement prices will be passed before Parliament adjourns – Trade Minister
Trades and Industry Minister, KT Hammond, says he will disregard the Chamber of Cement Manufacturers petition to delay the implementation of a legislative instrument to regulate cement prices. KT Hammond insists that the law is essential to prevent a cartel of manufacturers from exploiting the public. Under the proposed LI, …
Read More »“Complete. complete madness” – Kwesi Pratt slams govt over celebration of Eurobond deal
Veteran journalist Kwesi Pratt Jnr has criticized members of the Nana Addo Dankwa Akufo-Addo government for “rejoicing” over an agreement reached with Eurobond holders regarding the treatment of Ghana’s $13 billion debt to external creditors. Under the agreement, Eurobond holders are expected to forego approximately $4.7 billion of the debt owed to …
Read More »Don’t blame me for the decline in cocoa production and low yield – COCOBOD CEO
Chief Executive Officer of Ghana COCOBOD, Joseph Boahen Aidoo, has addressed calls for his resignation for the decline in cocoa production and low yields. He asserted that, the decrease in cocoa output is due to natural occurrences, not mismanagement. The COCOBOD CEO has faced criticism for his perceived lack of …
Read More »ADB MD lauds government’s accelerated Financial Inclusion agenda
The Managing Director of the Agricultural Development Bank (ADB) PLC, Alhassan Yakubu-Tali has emphasised the need to speed up financial inclusion through digitalisation. This, he said, will help bring financial services to people who don’t have access to banks. He pointed out that people without bank accounts should be seen …
Read More »BoG reviews rules covering advance payments for imports
The Bank of Ghana (BoG) has reviewed rules covering advance payments for imports of goods and services to the country. This was contained in a statement published by the central bank to regulate the sector. The review will take effect from July 1, 2024. The BoG said the decision was …
Read More »Increase ¢1.5bn bailout – Aggrieved Gold Coast Fund customers appeals to govt
Customers of the Aggrieved Customers of defunct Gold Coast Fund Management (ACGCFM) have lauded the steps initiated by the government to pay victims of the banking sector cleanup. Finance Minister Dr Mohammed Amin Adam at a UK Town Hall meeting over the weekend announced that President Akufo-Addo has instructed the release of …
Read More »Deputy AG urges ‘all hands on deck’ approach to combat human trafficking
Poverty, lack of education, and interference from persons in high offices, including traditional authorities and politicians, have been identified as major factors hindering Ghana’s efforts to end human trafficking. According to Deputy Attorney General, Diana Asonaba Dapaah, despite government interventions, including the passage of relevant laws, these factors continue to …
Read More »NSMQ2024: ADISCO are champions of Central Region; third time in a roll
Adisadel College is the new National Science and Maths Quiz champion of the Central Region. It is a hat-trick performance for the zebras. They have defeated 2020 Regional Champions, Wesley Girls High School, Ghana National College, and Apam Senior High School in a dramatic grand finale contest. The Santa Clausians …
Read More »‘Dumsor’ interrupts Thursday’s Ambulance procurement trial
In an unexpected turn of events, the ongoing ambulance procurement trial suffered some disruptions due to frequent power outages, commonly known as “dumsor.” The intermittent power cuts caused multiple interruptions during the proceedings, frustrating both the legal teams and those in attendance. The frequent power cuts resulted in delays and …
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