Category: Government
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Ghana, Kuwait sign loan agreement for rehabilitation of Dome-Kitase Road
Ghana and the Kuwait Fund for Arab Economic Development have signed a seven million Kuwaiti Dinars (an equivalent of about $23.8 million) loan agreement to finance the rehabilitation of Dome-Kitase Road Project. Mr. Ken Ofori-Atta, the Minister of Finance initialed for Ghana, while Mr. Nedhal Alolayan, Deputy Director-General of the Kuwait Fund for Arab Economic…
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Government will not burn seized rosewood — Lands Minister
Kwaku Asomah-Cheremeh, the Minister of Lands and Natural Resources, on Wednesday, assured the public that Government will not burn seized Rosewood but rather put them to meaningful use. Addressing journalists at the Meet-the-Press series in Accra, Mr. Asomah-Cheremeh said the Ministry had not issued any salvage permits for the harvesting of rosewoods since the ban…
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Transport fares up by 10 percent effective September 16
Public transport fares have been increased by 10 percent. The increment will take effect on Monday, September 16, 2019. This increase covers intracity travel, intercity travel and taxi cabs according to a statement from the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council. The statement said the increase is “to…
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President Akufo-Addo to announce new cocoa price on Oct 1, 2019
The Chief Executive Officer of COCOBOD Joseph Boahen Aidoo has stated that president Akufo-Addo will announce a new cocoa price for farmers on October 1, 2019. He maintained that cocoa farmers will be given priority in setting the new price for the commodity for the 2019/2020 crop season. “I have always told our farmers to…
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No new taxes will be introduced in 2020 budget — Finance Ministry
Government has announced it will not introduce new taxes in next year’s budget which is scheduled to be presented to parliament in November this year. The ministry has begun taking stakeholders inputs into the 2020 budget to enable it to address some of the concerns citizens including Civil Society Groups have about the country’s expenditure…
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Gov’t to outdoor action policy to protect Ghana in awarding petroleum contracts
The Vice President Dr. Mahamudu Bawumia has reiterated government’s commitment to introduce policies that will protect Ghana’s oil and gas industry to benefit Ghanaians. The vice president was hopeful an action policy will soon be announced by the regulator—the Petroleum Commission to protect the country’s interest when giving out oil blocks to multinational companies. Speaking…
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Controller Accountant identifies over 12,000 bank accounts belonging to MDAs
The Cash Management Directorate of the Controller Accountant General’s Department has identified over 12,000 bank accounts belonging to the Ministries, Departments, Agencies (MDAs) and the Metropolitan, Municipal and District Assemblies (MMDAs). Out of the figure, 6,000 of these accounts had been closed while the department is taking steps to reduce the numbers to an acceptable…
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PAC won’t hesitate to recommend prosecution of guilty persons — Avedzi
Chairman of the Public Accounts Committee in Parliament James Klutse Avedzi says they won’t hesitate to recommend prosecution of all persons involved with the about 2000 auctioned cars that are currently unaccounted for, according to the 2018 Auditor General’s report. According to the report, a total of 1,719 vehicles that were auctioned by the Customs Division of the Ghana Revenue…
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Improving the welfare of veterans: NLA enforces rules on licensing private operators
The National Lottery Authority, NLA, is cautioning all private lotto operators that it will enforce its laws which compel them to follow due process before they can engage in the business. The gaming authority believes the move should sanitise the sector and ensure that the government generates the needed revenue from the activity of private…
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“Teknokrats” must help government’s 1D1F Policy
“Teknokrats” have been urged to bring their research expertise, knowledge and support to bear on the government’s flagship industrialisation policy of One District, One Factory (1D1F) to accelerate industrial growth in the country. “Tecknocrat” is the name given to Kwame Nkrumah University of Science and Technology (KNUST) alumni. Their support, according to Dr. Kofi Kodua…