Author: Nerteley Nettey

in Oil And Gas, Top Stories

Consumers of petroleum products are likely to pay more for the fuel they purchase at the various pumps in the first pricing window in June. That’s according to Energy think tank, the Institute of Energy Security, IES. The Institute of Energy Security explained to Citi Business News that, per its analysis, it expects the prices…

The battle against illegal mining must be won – SK Boafo

May 29, 2020

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in Local Economy, Mining, Top Stories

The Board Chairman of the Minerals Commission, Sampson Kwaku Boafo, has called on all well-meaning Ghanaians to help eradicate the menace of illegal mining by reporting reporting influential persons behind these activities in various mining communities. According to him, the continuous activities of illegal miners popularly known as galamsey, even after a massive government crackdown,…

COVID-19: Gov’t receives initial support of GHS5.5bn from BoG

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The Finance Minister, Ken Ofori-Atta, on Thursday presented a report to Parliament over government’s plan to trigger section 30 (6) of the Bank of Ghana Act. This is to help government obtain 10 billion Ghana Cedis in domestic financing from the Central Bank to deal with the economic challenges occasioned by the coronavirus pandemic. Addressing…

Year of Return pumped $3.3bn into Ghana’s economy – Tourism Minister

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in Top Stories, Tourism

The Minister for Tourism, Arts and Culture, Barbara Oteng-Gyasi, has revealed that the Year of Return initiative raked in tourism receipts amounting to $3.3 billion. According to her, the average expenditure per tourist was $2,391. She said the amount was spent on accommodation, food and beverages, shopping, local transport, and entertainment. In responding to questions…

Ban on importation of ‘accident’ and 10-yr old used cars starts in Oct. 2020

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Government says the Customs (Amendment) Bill, 2020, which bans the importation of second hand cars of more than ten years old, as well as salvage cars, locally referred to as ‘accident cars’, will take effect from October, this year. The Bill, which was opposed by the Minority and vehicle dealers across the country was later passed…

Businesses now applying for TIN to be taxed after accessing GHS1bn stimulus – GRA

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The Ghana Revenue Authority, GRA, says all businesses seeking to acquire TIN numbers now will be made to pay taxes after benefiting from the government’s GH¢1 billion COVID-19 Alleviation Business Support Programme for Micro, Small and Medium-scale Enterprises. Many business owners that did not have TIN numbers before the COVID-19 Pandemic have besieged the GRA…

Minerals Commission to distribute over 1 million palm seedlings to galamsey areas

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in Agribusiness, Local Economy, Top Stories

The Minerals Commission is set to distribute over one million palm seedlings to farmers and youth in illegal mining areas of the Eastern Region as part of measures to reduce youth involvement in that activity in the region. The seedlings, which are to be distributed free of charge is under the Alternative Livelihood Project by…

Ghana’s COVID-19 cases hit 7,303 with recoveries 2,412

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Ghana’s novel Coronavirus cases have risen to 7,303. The update indicates that 186 new cases have been recorded in the country as at 27th May, 2020. According to the Ghana Health Service’s website, 2,412 persons who tested positive for COVID-19 earlier have also recovered. This means that 95 more persons have recovered since the last…

COCOBOD to reward security officers who help to curb cocoa smuggling

May 27, 2020

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