Category: Top Stories
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New GMA Board tasked to improve systems at ports to enhance business activities
The Minister for Transport, Kwaku Ofori Asiamah, has tasked the newly inaugurated board of the Ghana Maritime Authority,GMA, to drive improvements within the country’s ports to enable Ghana become the transportation hub for the West African sub region. The Maritime Sector and for that matter Ghana’s Port is the main gateway for international trade, with…
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Importers and Exporters Association debunks tax evasion, money laundering claims
The Importers and Exporters Association has debunked media reports which allegedly accuses some of its members of evading taxes at the country’s ports as well as engaging in money laundering through port transactions. This comes on the back of reports by pressure group, Movement for Truth and Accountability which alleged that some importing companies especially…
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I felt sad about the huge number of unemployed youth at job fair – YEA Boss
Chief Executive Officer (CEO) of the Youth Employment Agency (YEA), Justin Kodua Frimpong, has admitted that the government has more to do in dealing with the rising levels of unemployment among the country’s youth. He says the thousands of youth who showed up at the YEA job fair is proof that the lack of employment…
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Unemployed youth throng YEA Job Fair to seek job opportunities
Thousands of youth thronged the Youth Employment Agency Job Fair on Thursday, September 9, 2021, in search of jobs from several employers. They formed long queues at the Accra International Conference Centre, and many of them struggled to enter the building to secure jobs with companies. In Ghana, available data indicates that about 600,000 people…
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Aker Energy, GNPC will engage you at the ‘appropriate time’ – Energy Ministry to Lukoil
The Ministry of Energy has responded to the Russian energy company, Lukoil’s concerns about being sidelined in the Ghana National Petroleum Corporation’s (GNPC) planned acquisition of stakes in Aker Energy and AGM Petroleum Ghana. In a letter to the Energy Minister, Lukoil said it has not been aware of and engaged in discussions of its…
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Ghana’s local industry can’t progress without political will – Prof. Mensah
Financial Economist and Senior Lecturer at the University of Ghana Business School, Professor Lord Mensah says growing Ghana’s local industry will require strong political will and commitment. He argues that beyond putting in place policies in that direction, the political class must put their feet in the game. “You see, as a country, you should…
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Augment government’s efforts to sanitize small scale mining sector – Minister to new Minerals Commission Board
Lands and Natural Resources Minister, Samuel Abdulai Jinapor has charged the newly inaugurated board of the Mineral Commission to put in place policies that will augment government’s efforts to sanitize the small scale mining sector. Small-scale mining plays a vital role in Ghana’s extractive industry. The Minerals Commission, the country’s mining regulator’s report indicates that…
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LUKOIL raises questions over government’s plan to increase its shares in DWT/CTP
International Oil & Gas Company LUKOIL has expressed concerns over government’s recent attempts to acquire a major stake in the Deepwater Tano/Cape Three Points (DWT/CTP) bloc operated by Aker Energy Ghana Limited. According to LUKOIL, being one of the main partners in the DWT/CTP project, with a 38% Licence Interest and a 42.22% Participating Interest,…
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Food prices push August inflation rate to 9.7%
The continuous rise in the prices of food items continues to dominate overall inflation in Ghana. Data from the Ghana Statistical Service indicates that the year-on-year inflation rate for August 2021 stood at 9.7. Food inflation in the month of August stood at 10. 9 relative to nonfood inflation of 8.7 which indicates a differential…
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Paul Adom-Otchere appointed board chair of Ghana Airports Company
President Nana Addo Dankwa Akufo-Addo has appointed broadcaster Paul Adom-Otchere as the board chair of the Ghana Airports Company Limited (GACL). Mr. Adom-Otchere had previously served as a board member of the National Communications Authority. The board of GACL also has three other presidential appointees; Teye Adjirackor, Kwabena Mantey Jectey Nyarko and Philomena Sam. The…