Category: Top Stories
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NPA confident fuel prices will be stable in November
The National Petroleum Authority, NPA, is confident that the two-month removal of the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG will provide the desired relief to Ghanaians when it takes effect. According to the Authority, it will do everything within the law to ensure that the Price Stabilization and Recovery levy…
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Failing to digitize our economy will have far-reaching consequences – Bawumia
Vice President, Dr. Mahamudu Bawumia has justified the government’s unending focus on the digitalization of the Ghanaian economy saying the benefits of such an agenda are in the interest of the country. According to him, the previous systems of going about business transactions without technology have been disadvantageous. Speaking at a public lecture themed “Transforming…
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Ghana to have first National E-Pharmacy in sub-Saharan Africa – Bawumia
Ghana is set to become the first country in sub-Saharan Africa to have a national scale E-Pharmacy and one of only a few countries in the world with a national scale E-pharmacy, the Vice President, Dr Mahamudu Bawumia, has disclosed. This would involve the digitization of pharmacies across the country and enable consumers to have…
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GH¢2M package for traders affected by Makola fire to be disbursed soon – Government
Government is set to disburse an amount of GH¢2,029,000 as support for the 98 traders who were recently affected by the fire that gutted a three-story building at Makola in Accra. On July 5, 2021, fire gutted a three-story building known as the Hong Kong Building at the Makola Market, destroying over fifty shops. It…
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Government to rollout GH¢1 billion Job initiative – Baffour Awuah
The Government of Ghana is to roll out a GH¢1 billion inter-ministerial job creation initiative between now and 2024. One million jobs are to be created under the initiative, which also seeks to strengthen the coordination of job creation efforts across the sectors of the economy. Mr Ignatius Baffour Awuah, the Minister for Employment and…
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We’ll introduce more strategies to rake in revenue in 2022 budget – Charles Adu Boahen
Minister of State at the Ministry of Finance, Charles Adu Boahen has hinted that government will use the 2022 budget to introduce more policies and strategies to rake in more revenue and widen the tax net. According to him, this forms part of efforts to facilitate effective and efficient mobilisation of taxes in the country.…
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Chifeng Jilong Gold to acquire Golden Star for US$470 Million
Ghana-focused miner Golden Star Resources says China’s Chifeng Jilong Gold Mining has agreed to purchase all of the company’s shares for a total of $470 million in cash. The Transaction will be consummated through Chifeng’s majority-controlled subsidiary, Chijin International (Hong Kong) Limited. In a statement, Golden Star CEO Andrew Wray said the deal would help…
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Registrar-General cautions public against activities of fraudsters
The Registrar-General’s Department has cautioned the public to be wary of fraudsters who use the name of the Department to solicit money from unsuspecting clients. The Department, in a statement issued, said its attention had been drawn to several complaints of fraudulent activities and scamming schemes by criminals on unsuspecting clients of the Department. It…
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ECG will champion customer satisfaction and project implementation – MD
In their quest to ensure customers are delighted, the Electricity Company of Ghana Limited (ECG) has pledged to prioritise customer satisfaction and project implementation. “As a customer-focused organisation, one of our key success indicators is a satisfied customer base. Therefore, we are passionate about constantly improving our customer services to ensure that our customers are…
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2022 budget: Prof. Quartey calls for measures to boost Ghana’s growth rate
The Finance Minister, Ken Ofori-Atta is expected to present the budget statement for the 2022 fiscal year in Parliament on November 17, 2021. Ahead of this presentation, stakeholders are hopeful that issues such as Ghana’s debt sustainability, illicit financial flows, unemployment, reduction of the revenue and expenditure gap, and many others will be addressed. For…