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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

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    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    President and Board Chairman of Afreximbank, Prof Benedict Oramah

    Plans are underway to complete a fertilizer, railway projects in Ghana – Afreximbank

    Free SHS and other programs must be redesigned now – Seth Terkper

    KGL Group hosts Nigeria Lottery Regulatory Commission CEO Mr. Lanre Gbajabiamila

    IMF team arrives in Accra on Wednesday to begin bailout talks with gov’t

    Fuel prices to go up as NPA announces restoration of UPPF margin

    GHASALC laments drop on number of digital transactions following e-levy

    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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21 people being prosecuted for financial misappropriation — Bawumia reveals

bycitibusinessnews
June 14, 2019
in Banking And Finance, Government, Top Stories
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Vice President Dr. Mahamudu Bawumia on Friday said the government is putting effective administrative systems and strengthening anti-graft institutions in the quest to combat corruption in the country.

In view of that, he said, 21 persons were undergoing trial for misappropriation of public funds and assured of government’s commitment to supporting such prosecutions no matter the political affiliation of those persons.

The law must take its course in matters of misappropriation of public funds, he said, and called for effective collaboration between anti-graft institutions such as the Economic and Organised Crime Office, Financial Intelligence Unit, Criminal Investigations Department of the Police Service, civil society and Ghanaians to provide relevant information and clues to protect public purse.

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He gave the assurance that the Government would continue to strengthen public institutions through the provision of adequate resources and improve administrative systems to deter people from engaging in corrupt practices.

Vice President Bawumia said this at the maiden public lecture organised by Occupy Ghana and Audit Service to commemorate the landmark judgment by the Supreme Court in a case between Occupy Ghana versus Attorney-General.

The Supreme Court ruling on June 14, 2017, compelled the Auditor-General to disallow and surcharge public officials for misappropriation of public funds.

The landmark ruling enabled the Auditor-General to disallow the payment of GHc5.4 billion, which was presented as claims by Ministries, Department and Agencies, while some public servants were surcharged for various financial infractions.

“From surcharging to safeguarding: Next steps in the fight to protect the public purse” was the theme for the lecture, which attracted representatives from civil society organizations, the academia, public servants, policy-makers and the public.

Vice President Bawumia said the historic ruling had given a strong foundation to combat corruption towards ensuring greater accountability and transparency, noting that, failure by the Auditor-General to enforce the law would be detrimental to the socio-economic wellbeing of the nation.

He noted that over the years, there had been various interventions to fight corruption by various regimes including whipping of offenders and citizen vetting while others were jailed or killed.

However, he said those procedures failed to adequately address the canker, hence, the Akufo-Addo’s administration upon assumption of office in 2017, had been leveraging on technology fight corruption.

He said government embarked on public sector reforms and implemented some digital infrastructure to improve the ease of doing business and accessing public services including the introduction of e-business registration at the Registrar-General’s Department, smart-driver’s license at the Driver and Vehicle Licensing Authority, paperless port system, e-justice system, national digital property address system, mobile money interoperability system, ongoing online registration of land records and the national identification system.

By the end of this month, he said, government would introduce “No Duty, No Exit” Plan at the ports, which would prevent containers from getting missing or stolen, while the “First Port Rule” that would enable Mali and Burkina Faso tax officials to set up desks in the country’s port to collect duties had reached advance stage towards its implementation.

Vice President Bawumia was of the conviction that that ‘soft infrastructure’ would help in integrating all public data into a central database and reduce human interface in accessing public services and aid the fight against willful spending and theft.

More so, the government was standardizing designs for the construction of roads, hospitals and public schools, which would end the variation in quotations of such facilities and ensure value for money.

Source: GNA

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President and Board Chairman of Afreximbank, Prof Benedict Oramah

Plans are underway to complete a fertilizer, railway projects in Ghana – Afreximbank

Free SHS and other programs must be redesigned now – Seth Terkper

IMF team arrives in Accra on Wednesday to begin bailout talks with gov’t

Fuel prices to go up as NPA announces restoration of UPPF margin

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