Category: Government
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Passage of Anti-Money Laundering Bill will boost investor confidence – e-Crime Bureau
The passage of the Anti Money Laundering Bill by Parliament will go a long way to boost investor confidence in the country’s financial system. This is according to the Head of Technical Operations at e-Crime Bureau, Eric Kwaku Mensah. The Bill which was on December 17, 2020, when assented to by the President will plug…
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Ghana cannot be energy sufficient without a working refinery – Energy consultant
Energy Consultant, Dr Yussif Sulemana, says in order for Ghana have energy security it must begin processing its own crude oil. Speaking to Citi Business News, on the sidelines of a workshop organized the Chamber of Petroleum Consumers (COPEC) on the country’s energy sector, Dr Sulemana said the country cannot have secured and reliable energy without…
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Ghana can’t industrialise with green energy – GAEC’s Dr. Seth Debrah
Even though there have been a lot of calls for Ghana to switch to renewable energy, not everybody thinks it’s the way to go for the country’s industrialisation agenda. Acting Director of the Nuclear Power Institute at the Ghana Atomic Energy Commission (GAEC), Dr Seth Kofi Debrah, is one of such people. He says renewable…
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Enforce safety standards to prevent gas explosions – COPEC to government
The Chamber of Petroleum Consumers-Ghana (COPEC) wants government and sector authorities to ensure that safety standards are adhered to at various fuel stations across the country. This is on the back of an explosion which occurred last week at a gas station in the Volta Region. Speaking to Citi Business News, Executive Secretary of COPEC,…
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High PCR test cost at KIA a hindrance to Africa integration goal – AfDB Secretary General
The Secretary General of the African Development Bank Group, Professor Vincent Nmehielle has called on government to review the $150 dollars being charged for COVID-19 testing at the Kotoka International Airport. This adds to calls by other stakeholders who have described the charge as a disincentive for the business community and tourists who wish to…
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Ghana signs MoU to host 2021 annual meetings of AfDB Group
The Secretary General of the African Development Bank Group, Professor Vincent Nmehielle, says participants at the upcoming 56th annual general meeting of the AfDB, will look at articulating policies and regulations, which will ensure that African economies become robust and better prepared, to deal with disruptive occurrences like COVID-19 in the future. The remarks were…
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Political interference cause of TOR’s woes – Senyo Hosi
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Senyo Kwasi Hosi says political interferences in operations of the Tema Oil Refinery (TOR), will have to be halted in order for the entity to properly function. Speaking at the Energy Manifesto Town Hall, organized by the CBOD, Senyo Hosi said it will…
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IES sceptical about feasibility of planned Petroleum Hub
The Institute for Energy Security (IES) says for government to succeed with its plans of establishing a Petroleum Hub in the Western Region, it is imperative that it gets the Tema Oil Refinery (TOR) back on its feet. Speaking to Citi Business News, Executive Director of the Institute of Energy Security, Nana Amoasi VII, indicated…
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Bui Power Authority to become front runner in renewable energy projects – Fred Oware
Chief Executive officer of the Bui Power Authority, Fred Oware, says the passage of the Bui Power Authority (Amendment) Bill 2020 will empower his outfit to make strides in the country’s renewable energy space. Speaking to Citi Business News, Mr Fred Oware indicated that the move will help remove a major barrier to its renewable…
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Don’t impose taxes on fuel after 2020 elections – COPEC cautions government
The Chamber of Petroleum Consumers (COPEC) has called on government to ensure it desists from introducing new taxes on petroleum next year. Speaking to Citi Business News, Executive Secretary of COPEC, Duncan Amoah said, whichever party that wins the upcoming elections should desist from the act as it greatly inconveniences the average Ghanaian. He stated…