Category: Top Stories
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Akufo-Addo appoints former Ambassador to China Edward Boateng as TOR MD
President Nana Akufo-Addo has appointed Ghana’s former Ambassador to China, Edward Boateng as Managing Director of the Tema Oil Refinery (TOR). Mr. Boateng is expected to spearhead the transformation of the company. Edward Boateng who served as Ambassador from 2017 to 2020, takes office at the Tema Oil Refinery at a time when workers of…
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Traders advocacy group lauds government for not introducing new taxes in budget review
Traders Advocacy Group Ghana has commended the government for not introducing new taxes in the 2021 mid-year budget review. The government as part of efforts towards reviving the economy amidst the Covid-19- pandemic earlier in the year introduced some new taxes, including the Energy Sector Recovery Levy. In an interview with Citi Business News, General…
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Government urged to provide roadmap for delivering one million jobs agenda
Labour analyst, Senyo Agyabeng, has urged the government to provide a roadmap for delivering its one million jobs agenda. In Ghana, available data indicates that 600,000 people out of the total labour force of over 12 million are not employed. Analysts have warned that the figure may go up if interventions are not put in…
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Event Organisers want ban on post-event receptions reviewed
The Event Vendors Association of Ghana (EVAG) is calling on the Government to reconsider its recent ban on post-event receptions. The group argues that the restriction further worsens the plight of the ailing industry that has suffered immensely from the ban on social gatherings that were imposed last year when the pandemic struck. In an…
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Government urged to create regulatory framework to ensure success of vaccine production
Ghana’s vaccine production efforts will not be successful if it does not create a favourable regulatory environment to enable it deliver safe and effective vaccines within the African sub-region. This is according to the President and Founder of Mpedigree, Bright Simons. President Nana Akufo-Addo, during his 26th update on measures taken to reduce the rising…
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GUTA commends Bagbin for addressing concerns raised over alleged review of GIPC Act
The Ghana Union of Traders Association (GUTA) has commended the Speaker of Parliament, Alban Bagbin for addressing concerns they raised over a purported review of the GIPC Act 2013, Act 865. The Speaker of Parliament is reported to have hinted of a review of the GIPC Act to exempt the capital requirement for Nigerian retailers…
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Insurance for mobile money agents currently necessary – NIC Boss
Commissioner of Insurance, Dr. Justice Ofori has encouraged mobile money agents to consider getting insurance following the growing incidence of attacks in their line of work. The Mobile Money Agents Association of Ghana has in recent times expressed concern over the incessant robbery attacks on agents, saying their line of business is currently one of…
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Africa must build robust compliance systems against financial crime – Nana Addo
President Nana Addo Dankwa Akufo-Addo has stated that for Africa to be able to transform itself and become the epitome of economic empowerment and self-reliance, it needs to have the wherewithal to be able to protect and optimise the resources at its disposal. To this end, President Akufo-Addo, speaking at the EBII Africa Investments Risk…
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FDA cautions palm oil producers against usage of Sudan IV
The Chief Executive Officer of the Food and Drugs Authority (FDA), Delese Mimi Darko, has cautioned oil palm producers in Ghana to desist from the use of Sudan IV in oil palm production. She made the call at the launch of the Artisanal Palm Oil app in Accra last week. Mimi Darko acknowledged the good…
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Government to digitalize fertilizer distribution to curb smuggling – Ofori-Atta
Government says it is rolling out measures to digitize the distribution of fertilizer in the country. In recent times fertilizer smuggling has become the order of the day as the Planting for Food and Jobs Secretariat reported that the country lost a whopping GHS120 million from unaccounted for fertilizer, diversion of coupons and fertilizer smuggling…