Category: Top Stories
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President woos Norwegian investors to back Ghana’s railway sector
President Akufo-Addo has urged investors from Norway to consider partnering government to develop a modern railway network in the country. This follows recent comments by the Minister for Railway Development, John Peter Amewu, to the effect that the government would not be able to construct any sky train in the country in the near future.…
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Shippers Authority calls for professionalism among Upper East Police to promote transit trade
Senior Police Officers in the Upper East Region have been urged to upgrade their level of professionalism to boost transit trade activities on the nation’s trade routes. This came up during a sensitization seminar organised by the Ghana Shippers’ Authority (GSA) in Bolgatanga on transit trade through Ghana’s major transit corridors. The Authority said it…
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Stakeholders call for robust labour standards to improve working conditions of gig workers
Most companies in Ghana’s Platform Economy, like Bolt, Jumia Food, and Uber, are yet to meet minimum standards of fair work – such as offering a living wage or minimum protection against accidents. This is according to a survey conducted by the University of Oxford and the University of Ghana Business School. The research, “Fairwork…
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‘The game is still on, we’ll surely approve 2022 budget’ – KT Hammond
The Member of Parliament for the Adansi Asokwa constituency in the Ashanti Region, KT Hammond, says members of the Majority Caucus will marshal all the arsenal at their disposal to approve the 2022 budget, which was rejected by Parliament last Friday. “The Game is still on. The action will be in play today. There won’t be any…
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New COVID-19 variant to blame for global crude price falls – DR Sulemana
Fuel prices on the global markets have fallen sharply from over 80 dollars a barrel to about 72 dollars per barrel. This comes after some international agencies like Goldman Sachs projected the commodity could hit 90 dollars a barrel by the end of the year. What could be the cause of this sudden downturn? Energy…
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2022 Budget: Seth Terkper describes revenue target as over-ambitious
Former Finance Minister, Seth Terkper, is asking for in-depth details into how the government plans to achieve some of its targets in the 2022 budget. One of such is the government’s revenue target which Mr. Terkper believes is over-ambitious. The government of Ghana is aiming at increasing the tax to GDP ratio from 16% to…
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Review SSNIT contribution rate to sustain it – ACRR calls on Parliament
The African Centre for Retirement Research (ACRR), a non-profit policy research organisation, has called for an increase in the rate of Social Security and National Insurance Trust (SSNIT) contributions to sustain the operations of the scheme. The centre, which focuses on retirement and pensions, said “the recommended contribution rate (cost rate) necessary to sustain the…
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Government urged to review Rural Banks’ corporate tax rate
The Association of Rural Banks (ARB) has appealed to the government to review downwards the corporate tax rate of Rural and Community Banks (RCBs). Mr Kwame Owusu Sekyere, Acting National President of the Association, who made the appeal, said this would help strengthen the capacities of rural and community banks to live up to the…
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AGI challenges SMEs to adopt good business practices from inception.
The Association of Ghana Industries (AGI) has charged Small and Medium-sized Enterprises in the country to adopt good business practices from their inception. This according to AGI will enable such businesses to grow into formidable institutions in the future. The remarks were shared at the 10th AGI Ghana Industry and Quality Awards 2021 held over…
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Government can solve unemployment with investments in technical and vocational education- Dr Kwabena Duffuor
The government has been urged to commit adequate resources to Technical and Vocational Education and Training as a way to curb the growing unemployment rate in the country. A former Finance Minister who is also the founding and presiding President of the Institute of Fiscal Studies, Dr Kwabena Duffuor has suggested that the failure to…