Category: Government
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Employers Association bemoans increasing cost of doing business
The National Employers Association of Ghana is asking government to immediately address what it says is the numerous economic challenges affecting businesses in the country. According to the association, the current environment within which they have to operate is tough, rendering their businesses unprofitable. The employers complain that although government is embarking on some reforms…
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Lack of personnel hampering our work–Minerals Commission
The Minerals Commission is seeking clearance from the Finance Ministry to employ new workers to expand its operations. According to the Commission, about 50 percent of its skilled workers heading various divisions and departments are due for retirement— failure to get replacement will have negative impact on its operations. The Chief Executive of the Commission,…
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Singapore’s architect to remodel Accra’s landscape
The city of Accra is to undergo a massive change which will reduce congestion and improve the landscape of the nation’s capital. This is because the government is undertaking a process to remodel the capital to improve the quality of life and general economic growth. The government maintains that it has become apparent to review…
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Neglect of coffee sector: State to lose $1.5bn annually
Ghana stands to lose about 1.5 billion dollars every year if it continues to fail to invest in the expansion of the coffee industry. This is according to the Coffee Federation of Ghana. Statistics on the sector also show that its contribution to GDP has dwindled over the years. Some farmers who have been speaking…
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Ghana Finance Week takes off from October 10
Stakeholders within the financial industry will be converging on Accra to chart ways of improving the operations within the sector and restore confidence. The discussion will take place during the Ghana Finance Week scheduled for October 10-13, 2018. The forum is also part of building the financial ecosystem in Ghana amidst the recent happenings in…
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MPS bemoans controversy over tax waivers
Operator of the Tema Port expansion project, Meridian Port Services (MPS), has lamented the politicization of the tax waivers granted for its operations. Parliament in 2016, granted a tax waiver to the tune of 832 million dollars. But some have suggested a possible review of the amount citing possible instances of downward review of the…
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PMMC workers call off strike
Workers at the headquarters of the Precious Minerals Marketing Company (PMMC) have called off their sit down strike. The aggrieved workers numbering about fifty, had called for the removal of the Managing Director of the company, Kwadjo Opare Hammond and his entire board for a number of infractions. But after a 5 hour meeting between…
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New board for Ghana Cylinder Manufacturing inaugurated
A new board has been inaugurated for the Ghana Cylinder Manufacturing Company, three months after the dissolution of the old board. President Akufo-Addo ordered the dissolution of the board following an impasse between its members and the Chief executive, Frances Essiam. Madam Essiam, was suspended by six of the nine members of the previous board,…
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Business Group triggers opposition to CTN policy
The Joint Business Consultative Forum has reiterated calls for government to back down on the implementation of the Cargo Tracking Note (CTN) system. The group says the Ghana Revenue Authority has once again acted in bad faith as they have been sidelined. In an interview with Citi Business News, the National Welfare Chairman of GUTA,…
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ADI advocates $1.5bn livelihood program for farmers
The Alliance for Development and Industrialization (ADI) is asking the government to establish a US$1billion commodity diversification and alternative livelihood for cocoa farmers as well as the non- traditional export sector in the country. This commodity diversification could triple the country’s agriculture export income within 3 to 4 years. As the country’s export earnings increases…