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Business General
A startling 148,000 government workers out of a total of 602,000 on the payroll of the Controller and Accountant General’s Department have been found to have identifications which do not match any biometric identification at the National Identification Authority. The Vice-President Dr Mahamudu Bawumia said this came up after a biometric audit by the Controller […]Continue Reading
Business Politics
The Minority in Parliament have asked the Nana Addo Dankwa Akufo-Addo-led administration to cushion Ghanaians in the face of an increase in utility tariffs amid the current economic hardship. According to a statement signed by John Abdulai Jinapor, the government “can and must do something to cushion Ghanaians who are going through unimaginable hardships with […]Continue Reading
Business Video
The Public Utilities Regulatory Commission (PURC) has announced a 27.15% increase in tariff for electricity and 21.55% increase in water tariff effective September 1, 2022. This comes after utility companies including the Electricity Company of Ghana and Ghana Water Company Limited proposed an increase in tariffs by 148% and 334% respectively. PURC however explains that Continue Reading
Business
THE BANK of Ghana (BoG) has been urged not to charge interest on the yet-to-be-introduced digital currency, otherwise known as E-Cedi. According to stakeholders, the inclusion of interest would bring about unhealthy competition with bank deposits and fiscal currency. Head of Digital and Inclusive Banking, Cal Bank, Martha Acquaye, said charging interest on the E-Cedi […]Continue Reading
Business Regional
Dennis Amfo Sefah, President of the Chamber of Freight and Trade (CFT), has reacted to the Office of the Special Prosecutor’s (OSP) investigative report that cited the owner of Labianca Group of Companies for corruption-related offences. According to them, the Special Prosecutor (SP), Kissi Agyebeng, is trying very hard to link Eunice Jacqueline Buah Asomah-Hinneh Continue Reading
Business General
Bright Simons, founder and president of mPedigree, has accused the government of Ghana of using an unorthodox route to ensuring that the falling Ghana Cedi is stable. In a tweet on August 9, 2022, the social innovator and political commentator said, the Nana Addo Dankwa Akufo-Addo-led government is negotiating a deal with Ghana’s gold mines. […]Continue Reading
Business General
President Nana Addo Dankwa Akufo-Addo has restated the impact of external factors on the current difficult economic conditions in the country. The COVID-19 pandemic and the Russia-Ukraine war, he explained, had disrupted what was an economy on an upward trajectory. He is certain, however, that the economy will be reset and put on the path […]Continue Reading
Business Video
Former President John Mahama’s aide, Felix Kwakye Ofosu, expects the economy to take another hit if the government does not heed the National Democratic Congress’ calls for a national dialogue. Speaking on Eyewitness News, Mr. Ofosu said the NDC’s previous warnings had been proven right after Ghana eventually turned to the IMF for support. “They […]Continue Reading