Category: Government
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21 people being prosecuted for financial misappropriation — Bawumia reveals
Vice President Dr. Mahamudu Bawumia on Friday said the government is putting effective administrative systems and strengthening anti-graft institutions in the quest to combat corruption in the country. In view of that, he said, 21 persons were undergoing trial for misappropriation of public funds and assured of government’s commitment to supporting such prosecutions no matter…
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SSNIT cautions workers against misleading pension schemes
Dr. John Ofori-Tenkorang, Director-General, Social Security and National Insurance Trust (SSNIT) on Tuesday called on workers to be wary of misleading pension schemes that will worsen their plight at pension. He said SSNIT had already built a robust scheme that considered the welfare of contributors and urged them to make use of that advantage. Dr.…
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Ghana Standards Authority exposes 10 fraudulent fuel filling stations
Inspections carried out by the Ghana Standards Authority (GSA) has exposed 10 fuel filling stations engaged in under-delivering. They included; Shell, Motorway Extension; Total, McCarthy Hill; GOIL Mile 11; Frimps Oil, Tetegu junction; GOIL, Galilea; Frimps Oil, Spintex Road; Glory Oil, Spintex Road; Allied Oil, Sakaman; Shell, Amanfrom West and Goodness Energy, Kasoa. A statement issued…
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Ghana, Cote d’Ivoire reportedly halt sale of cocoa beans for 2020/21 crop season
Ghana and Cote d’Ivoire have suspended the sale of cocoa beans to the open market in the 2020/2021 crop season until further notice, the state-owned Daily Graphic is reporting. The two countries, which contribute more than 65 percent of the world’s cocoa supply, are said to have announced their decision to about 300 stakeholders in…
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Outgoing World Bank Country Director urges gov’t to improve ease of doing business
The outgoing World Bank Country Director, Henry Kerali, has challenged the government to among other things, prioritise the strengthening of the business environment in Ghana in order to better compete with other lower-middle-income countries. Ghana is currently ranked 114 among 190 economies in the ease of doing business, according to the latest World Bank annual rankings. In a…
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Freight forwarders kick against expected increase in port tariffs by MPS
Freight Forwarders at the Tema Port are kicking against a request by the Meridian Port Services, MPS, for an increase in port charges at its new terminal. The freight forwarders say any increase in tariffs will overburden importers. The Vice President of the Ghana Institute of Freight Forwarders, Johnny Mantey, says the proposed 11% increase…
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#CitiBizFestival: GEPA strategizing to boost non-traditional exports
The Ghana Export Promotion Authority (GEPA) is hopeful the completion of the National Exports Development Strategy will boost the production and export of non-traditional exports. According to the authority, Ghana has struggled to meet expected targets for non-traditional exports for the past three years. Speaking on the Citi Breakfast Show as part of the Citi…
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GSS to rely on Ghana Post data to conduct 2020 census—Gov’t Statistician
The Ghana Statistical Service (GSS) says the 2020 population census will be heavily dependent on data produced from the Ghana Post GPS. Addressing a section of the media after a brief meeting between officials of Ghana Post and GSS in Accra the Government Statistician Prof. Samuel Annim said the entire data collection method has transitioned…
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GCB Bank to expand operations through technology—Board Chairman
The Board Chairman of GCB Bank, Jude Kofi Arthur has stated that the bank will focus on expanding is operations through technology. According to him, even though GCB bank can boost of the largest number of branches in the country, it will however leverage on technology to further entrench its position as the leading bank…
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Achieving revenue targets must transcend staff reshuffle — Tax expert tells GRA
Tax Analyst with Ali Nakyea & Associates, William Demitia is urging the government to tackle the fundamental issues that hinder revenue mobilization if it is to achieve set targets for this year and beyond. His comments come on the back of a rotation exercise carried out at the GRA which has affected more than one…