Category: Government
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Aggrieved Esich Life clients to be paid from next month — NIC
Policy holders with Esich Life Assurance should expect to receive some part payment of their claims from next month on wards, the regulator for the Insurance sector, the National Insurance Commission (NIC) has said. The NIC in October last year, moved in to get customers of Esich Life Assurance access their insurance claims, but only…
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‘Ghana Beyond Aid’ means harnessing our resources for national transformation – Senior Minister
The Senior Minister has hinted on the need to see the ‘Ghana Beyond Aid’ agenda of the Nana Addo Dankwa Akuffo Addo government as achievable through harnessing the resources of the nation for development. Mr. Yaw Osafo-Maafo said: “To get to a Ghana Beyond Aid, we will have to harness effectively our own resources,…
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2019 Citi Business Festival starts today
The most anticipated business festival, the Citi Business Festival will be launched on the Citi Breakfast Show (CBS) on Citi FM later this morning. The launch will also feature an interview with the 2018 National Best Farmer, James Boateng. The Citi Business Festival is a month-long on air and outdoor event programmes held annually in…
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Ghana Revenue Authority announces changes at top management
The Commissioner-General of the Ghana Revenue Authority, Kofi Nti, has announced a massive change of guard at its top management. According to an internal communication to staff of the tax-collecting agency, three commissioners have been reassigned to the Ministry of Finance “with immediate effect”. They are Commissioner for Domestic Tax Revenue Division, Kwasi Gyimah Asante;…
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United Kingdom reviewing its aid policy on Ghana
The UK Government is reviewing its aid to Ghana in the light of the country’s achievement of lower-middle income status in 2010. It covers all UK official development assistance (ODA) to Ghana from 2011 to the end of the 2018/2019 financial year. Over the last 20 years, the UK has given over £2 billion in…
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Under-declaration of goods declines with single window platform — GRA
The Ghana Revenue Authority has stated that the issue of under-declaring goods at the ports has reduced drastically following the use of the single window platform. The GRA also adds that compliance level at the ports has increased due to implementation of the policy which aimed at coordinating activities at the ports. This was revealed…
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Ghana gets US$200m World Bank support to improve flood resilience for 2.5 million people
Over 2.5 million people in the Odaw River Basin of the Greater Accra Region (GAR) will benefit from improved flood risk management, solid waste management and improved access to basic infrastructure and services in targeted communities of the GAR, under the Greater Accra Resilient and Integrated Development (GARID) project. The $200 million funded project was…
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Gov’t will not accept cash for service delivery by 2020 — Bawumia
Government has announced that the digitization of all transactions in the public sector will be done by June 2020. This means cash will no longer be accepted for service delivery in the public sector by June next year. According to Vice President, Dr. Muhammudu Bawumia who announced this at a forum organized by Ishmael Yamson…
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COCOBOD closes purchases for 2018/19 main crop season
The Ghana Cocoa Board will on Thursday [May 30, 2019] cease its purchases of cocoa beans for the 2018/19 main crop season. The decision was contained in a statement by the sector regulator to Citi Business News. COCOBOD said that it will however allow Licensed Buying Companies (LBCs) to obtain returns from up country centres…
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Chamber of Mines releases names of gov’t reps on boards of mining firms
The Ghana Chamber of Mines has provided the names of the government’s representatives on the Boards of some mining companies cited for depriving the state of revenue in the form of dividends. The list however falls short of two of the companies that have been identified as not paying dividends to the state. The representatives…