Category: Government
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Standardization issues affecting Continental Free Trade Area –Carlos Ahenkorah
Deputy Minister for Trade and Industry Carlos Ahenkorah has cautioned that the implementation of the African Continental Free Trade Area(ACFTA) could be derailed if the issue of standardization of goods and services are not addressed in all countries. Ghana’s parliament in April 2018 gave its backing to the African Continental Free Trade Agreement, seeking to…
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Nana Addo preaches fiscal discipline ahead of exit from IMF programme
President Nana Akufo-Addo has assured that his administration will continue to maintain fiscal discipline in the aftermath of the exit of the International Monetary Fund (IMF) programme on April 2. The Executive Board of the IMF just approved the final disbursement of about US$185.2 million to Ghana. The three-year arrangement was approved on April 3,…
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More education needed to curb cyber crime—Ken Ashigbey
Chief Executive Officer of the Ghana Chamber of Telecommunications, Kenneth Ashigbey says more education is needed to reduce the menace of Cyber Crime in the country. Mr. Ashigbey is of the view that intensifying education on cybercrime is crucial in order to reduce the number of cases recorded. As at 2017, Ghana lost 97 million…
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Committee formed to provide support for 2020 national census
A 24-member Steering Committee formed to provide political, cultural and institutional support for the conduct of the 2020 Population and Housing Census has been inaugurated. Inaugurating the Committee, the Minister of Finance, Hon. Ken Ofori-Atta, highlighted the importance of censuses for national development. He indicated that periodically there is the need to know the number…
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Gov’t considering review of law banning ‘Okada’ transport
Stakeholder consultations have begun for a possible review of the law which bans the use of motorcycles for commercial purposes. According to the Transport Ministry which is leading the discussion, the Okada business has provided jobs for thousands of people and has also made commuting easy for traders, hence the need to reconsider the law.…
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Skilled human resource crucial for banking industry development—consultant
A banking consultant, Dr. Richmond Atuahene has called for highly skilled human resource in the banking sector to drive the growth needed for the financial sector. Dr. Atuahene maintained that the focus going forward for the banking sector will be to build the needed human capacity to ensure effective leadership at all levels. “For me…
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Fidelity Bank outdoors Digital Branch at KNUST
Fidelity Bank, the CIMG Bank of the Year, has opened an ultra-modern digital branch at Kwame Nkrumah University of Science Technology (KNUST) to serve students, staff and residents with the best banking service in a comfortable and friendly atmosphere. The new office, located in the heart of KNUST, is an addition to the over 75…
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Local contractors accuse Ghana Manganese of favoring Chinese
Local mining service providers are accusing management of the Ghana Manganese Company of introducing bidding processes which favour Chinese service providers. They are alleging that the Chinese, since taking over the company have stopped employing the services of all local contractors and are using their own Chinese companies who have no permits from the Minerals…
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Digital address now a requirement for business registration–RGD
Effective Monday 25th March 2019, persons who seek to register their businesses will require a digital address code for the business before being able to complete the registration process. This is according to the Registrar Generals Department(RGD). The Registrar General Jemima Oware, said the move is part of the government’s efforts to move Ghana up…
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Court joins AG to Receiver vs uniBank case
An Accra High Court has joined the Government of Ghana in a case in which Dr. Kwabena Duffuor and 16 others are challenging the receiver of now-defunct bank uniBank, Nii Amanor Dodoo over the revocation of the bank’s license. In its ruling, the court, presided over by Ms Justice Abena Dadzie, stated that: “It is…