Category: Top Stories
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2021 budget: Parliament approves GHS129 billion for financing government’s operations
Parliament has approved the sum of GHS129 billion for the services of the government for the 2021 financial year. The sum was captured in the Appropriation Bill. Before the approval of the Appropriation Bill on Tuesday, March 30, 2021, the House passed the COVID-19 Health Recovery Levy, Energy Sector Levies Amendment, Financial Sector Recovery Levy…
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SSNIT ordered to recover penalty charges from nine agent banks
The office of the Auditor General has ordered the Social Security and National Insurance Trust, (SSNIT), to recompute some GHS9.2 million which stand as total penalty charges from nine agent banks for the year ended 2019. In a report by the acting Auditor General, Johnson Akuamoah Asiedu, on the public accounts of Ghana for the…
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2021 budget didn’t give enough attention to fisheries sector – Tuna Association
The Ghana Tuna Association says the country’s budgets and Economic policies will have to begin focusing on growing the Tuna industry if the sector is to thrive. According to the Association, this year’s budget just as previous ones failed to address this concern. The Association ahead of the budget presentation had indicated that it expected…
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15 employers risk prosecution for failure to pay pensions of their workers
Fifteen employers risk prosecution for failing to pay the pensions of their workers. This is according to the Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Hayford Attah Krufi. The move follows powers the NPRA has been given by the Attorney General to prosecute employers who flout the rules. According to the Authority,…
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Golden Star Resources amends agreement for the Sale of Bogoso-Prestea Mines
Golden Star Resources and its wholly owned subsidiary, Caystar Holdings, have entered into an agreement (the Amending Agreement) with Future Global Resources Limited (FGR) and its major shareholder, Blue International Holdings Limited, to amend the share purchase agreement dated July 26, 2020 relating to the sale of Golden Star’s 90% interest in the Bogoso-Prestea Gold…
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We’ve taken steps to retrieve money invested in housing projects – SSNIT
The Management of the Social Security and National Insurance Trust (SSNIT) says it has taken various steps aimed at retrieving its cash locked up in various capital investments. This comes after the Auditor General revealed in its audit report that the state agency has its US$185 million locked up in two housing projects in Accra.…
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Courier business: Industry players optimistic of post-pandemic growth
Even though the COVID-19 pandemic has taken a toll on many businesses, and thrown economies out of gear causing many to lose revenue and jobs, others have found innovative ways to provide profitable solutions amidst the devastation. Courier or delivery service providers have for instance seen a major boom in their operations, as the pandemic…
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Opera Square: Electrical cable dealers halt trading after take-over of stalls
Sale of electrical cables at Opera Square in the Central Business District of Accra was interrupted on Monday following the forceful take-over of traders’ stalls and other property. Although the reason for the take-over is unknown, the stalls have been replaced with containers. In this regard, the over 200 irate traders vandalized the containers which…
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GUTA to meet AMA over forceful take-over of electrical stalls at Opera Square
The Ghana Union of Traders Associations (GUTA) intends to later today, meet with officials of the Accra Metropolitan Assembly (AMA) over Monday’s demolition exercise and take-over of stalls at the Opera Square in Accra. GUTA says the meeting is to unravel circumstances leading to the siting of some containers by an unknown private developer possibly…
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Ofori-Atta’s approval by Parliament disappointing – ASEPA
The Alliance for Social Equity and Public Accountability (ASEPA) has described the approval of the Finance Minister as unfortunate. The group had earlier in a 37-page petition to the Appointments Committee of Parliament, indicated that based on Mr Ofori-Atta’s role in the collapse of some financial institutions, among others, it believed he was no longer…