Category: Government
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Close to GH¢100m recovered from criminal activities — EOCO
The Economic and Organized Crime Office (EOCO) has recovered GH¢99,165,369.29 being proceeds of crime between 2014 and March 2019. Commissioner of Police (COP) Frank Adu-Poku (Rtd.), the Executive Director of EOCO, announced this at the organization’s maiden national stakeholders’ forum in Accra, Mr. Adu-Poku said those were resources which otherwise would have been dissipated and…
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Former Maritime Authority boss appointed GRA Board Chair
The former Director General of the Ghana Maritime Authority, Kwame Owusu, has been appointed as the Board Chair of the Ghana Revenue Authority. A letter addressed to Mr. Owusu and signed by Nana Bediatuo Asante, Secretary to the President, said: “Pursuant to section 4 (1) (a) of the Ghana Revenue Authority Act, 2009 (Act 791)…
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Gov’t to digitise distribution of pre-mix fuel this year – Veep
Vice President Dr. Mahamudu Bawumia on Wednesday said the government will digitise distribution of pre-mix fuel this year to crack down on the frequent smuggling of the product and ensure efficiency so that only registered boats enjoy government’s subsidies on the commodity. He said the team working on the digitisation of the commodity has…
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LPG Cylinder Recirculation Pilot programme begins in October — Bawumia
Vice President Dr Mahamudu Bawumia on Wednesday said significant progress has been made towards the pilot implementation of the Cylinder Recirculation Model under the National Liquefied Petroleum Gas (LPG) Promotion Policy. He said the Policy sought to ensure that LPG consumers have access to safe, efficient, affordable and environmentally-friendly LPG for commercial, industrial and…
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South Africa grants Ghana visa-free status
The South African government has granted Ghana a visa-free status, which would see Ghanaians enter southern Africa country without any visa. The South Africa Department of Home Affairs revealed this when it listed Ghana as part of seven countries allowed to enter South Africa without visa. Last year, it was announced that Ghana is among…
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Nduom takes on government in court to retrieve GHS2.2 billion
Ghana Growth Fund, a subsidiary of Groupe Ndoum, has commenced a number of legal suits against the Finance Ministry as well as other ministries, in a last-ditch attempt to retrieve over GHS2.2 billion owed to the company. The embattled company in its first three separate suits is chasing the Finance and Roads and Highways ministries…
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Ghana gets US$50mn World Bank support to fight carbon emissions and deforestation
Ghana – with one of the highest deforestation rates in Africa – has become the third country to sign a landmark agreement with the World Bank that rewards community efforts to reduce carbon emissions from deforestation and forest degradation. Ghana’s five-year Emission Reductions Payment Agreement (ERPA) with the Forest Carbon Partnership Facility (FCPF) Carbon Fund,…
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GIPC kicks off strategic partnership with counterpart agency in Malta
The Ghana Investment Promotion Centre (GIPC) and its counterpart agency in Malta, the Malta Enterprise have signed a Memorandum of Understanding which should culminate in the creation of a three year strategy covering areas of mutual interest. The agreement will also see the establishment of a strategic think tank comprising officers from the two institutions.…
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Ghana wins bid to host AfCFTA Secretariat
African leaders attending the 12th African Union Extraordinary Summit in Niamey, Niger have selected Ghana as the host country for the Secretariat of the African Continental (AfCFTA) Free Trade Area. Ghana beat off competition from Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal. The core mandate of the Secretariat will be to implement the African Continental…
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Collapsed 347 microfinance companies: Receiver to come out with validated names soon
The Head of the Other Financial Institutions Supervision Department at the Bank of Ghana Mr. Joseph Amoah-Awuah has stated that the receiver of the defunct 347 microfinance companies and the 39 money lending companies is validating claims of customers of the companies. This follows calls from some customers who complained of not hearing from the…