Category: Government
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Ghana needs US$10billion annually to meet infrastructure demand — Ofori-Atta
The government will need up to US$10 billion a year to achieve its infrastructure demand. Finance Minister, Ken Ofori-Atta told the press after the African Caucus Meeting held in Accra. According to him, although Ghana’s debt keeps rising like other African countries, borrowing still remains an alternative for raising funds for development. “The problem is…
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Transport Ministry, World Bank to develop Volta Lake to connect with neighboring countries
The Government of Ghana is engaging the World Bank to develop the Volta Lake as part of a Regional Multi-Modal Project to connect the country to neighbouring countries from the Tema Port. Mr Kwaku Ofori Asiamah, the Minister of Transport, who announced this at the mid-year review conference of the Ministry, said the Ministry was…
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Probe into PDS concession agreement breach to take 30 days — Minister
Full-scale inquiry into breaches of the concession agreement by Power Distribution Services (PDS) Ghana Limited is expected to be completed within 30 days, Mr. Kojo Oppong Nkrumah, the Information Minister, has announced. This official investigation, he said, was being carried out by a team of insurance experts, officials from the Energy and Finance Ministries, Electricity…
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PDS presented ‘forged” document in ECG takeover– Energy Minister
The Minister for Energy John Peter Amewu has told Citi Business News initial investigations conducted by government has established that a document that was presented by PDS as a guarantee for the takeover of ECG was forged. The minister explained that even though the document indicated that a company in Qatar had guaranteed for PDS,…
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‘We’ll picket at Finance Ministry if increases in energy levies are not reversed’–COPEC
The Chamber of Petroleum Consumers Ghana (COPEC) has indicated that it will engage the Finance Minister to reverse a decision to increase some components in the petroleum price buildup. The group, however warned that it will picket at the Finance Ministry if all attempts aimed at getting the government to overturn the decision fails. The Finance…
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Sustainable pension scheme can mitigate corruption in Ghana
Samuel Zan Akologo, Executive Secretary of Caritas Ghana has stated that even though there is no excuse for corruption, a sustainable pension scheme is however critical in mitigating corruption in Ghana. He noted that if public office holders were assured of a dignified pension scheme, it would go a long way to reduce their…
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Multi-million dollar Trade Fair Center Redevelopment project to include hotels
Management of the Ghana Trade Fair Company Limited (GTFL) is inviting investors to partner government to undertake a redevelopment of the trade fair center. The redevelopment, which has been categorized into two phases was designed by renowned architectural company Adjaye and Associates. The overall objective is to redevelop the existing Trade Fair Center into a…
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Ghana to host 2019 Africa Caucus Meeting next week
The Ministry of Finance and the Bank of Ghana will be hosting the first leg of the 2019 African Caucus Meeting of the Governors of the World Bank Group and the International Monetary Fund (IMF) in Accra between 31st July and 2nd August 2019. The second meeting will take place at the venue of the…
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Employment Ministry focused on retraining of public sector workers
The Ministry of Employment and Labor Relations says it is focusing on the training of workers within the public sector to improve service delivery in that sector. Speaking to Citi Business News at the sidelines of the Administration Professionals Conference organized by the Chartered Institute of Administrators and Management Consultants-Ghana, Minister for Employment and Labor…
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Administrators told to end “we are working on it” syndrome
The Chartered Institute Administrators and Management Consultancy, (CIAMC) – Ghana, on Tuesday held a professional conference with a call on public sector workers and administrators to end the “we are working on it” syndrome. The one-day conference on the theme: “Growing Together as Admin Professionals: Partners in National Development,” was aimed at uniting and…