Category: Top Stories
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Registrar General to meet clients of six defunct FMCs virtually on Thursday
The Registrar General, Jemima Oware, is set to have a meeting with customers of some six defunct fund management companies on Thursday, March 11, 2021. The meeting which is the first for this year will be held virtually. Dubbed Virtual First Creditors meeting, the session will be from 9:00 am to 3:30 pm on the…
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COPEC to launch scheme to insure fuel customers
The Chamber of Petroleum Consumers (COPEC) is set to launch a policy that will protect the interest of fuel consumers who have to deal with the consequences of the negligence of fuel station attendants and the sale of adulterated fuel products by some Oil marketing companies. The scheme in partnership with the Ghana Standards Authority…
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President’s 5% GDP growth rate projection realistic – Economist
Economist with DataBank, Courage Martey says the President’s announcement of GDP growth rebounding to nearly 5 percent in 2021 is not far-fetched. President Nana Akufo – Addo in his first State of the Nations Address for his second term in office, expressed confidence in the ability of government’s One Hundred Billion Cedi Ghana CARES Obantampa…
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Cabinet approves establishment of National Flag Carrier
Ghana’s aviation industry is set to witness a major boost as Cabinet has given approval for the establishment of a National Flag Carrier. This is according to the President, Nana Addo Dankwa Akufo-Addo. This comes after many years of working to revive the national airline by successive governments. Addressing Parliament on Tuesday, March 9, during…
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2021 budget: Government to raise US$5 billion from ICM funding program
Government has begun processes to raise an amount of US$5 billion to “support growth-oriented expenditures” in the 2021 budget for this year. This comes after an earlier consideration to launch a 2021 International Capital Market (ICM) funding programme for the medium term in order to raise this amount of money. The ICM Programme instruments consist…
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Economy to rebound strongly as GDP growth nears 5% – Akufo-Addo
President Akufo-Addo says Ghana is expected to have a GDP growth rate of about 5 percent following a year affected by the COVID-19 pandemic. Speaking during his State of the Nation address, President Akufo-Addo said this growth rate would beat observer projections. This is in line with the 4.9 percent growth projection made by the…
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Government will engage Parliament on future of Agyapa deal – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has hinted of his intention to engage the 8th Parliament on the future of the Agyapa transaction. Speaking in Parliament on Tuesday, March 9, 2021, as he delivered his first State of the Nation Address of his second term, the President said “let me, at this point, assure the House…
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Ghana card numbers to become TIN from April 1
All National Identification numbers will become Tax Identification Numbers [TINs] from April 1, 2021. This was disclosed by President Nana Addo Dankwa Akufo-Addo in his State of the Nation Address in Parliament today, Tuesday, March 9, 2021. “Mr. Speaker for the first time, we have enrolled 15.5 million people onto the National Identity System [Ghana…
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FDA cautions public against fake COVID-19 vaccines
The Food and Drugs Authority (FDA) has asked the public not to patronise products offered online supposedly being advertised as COVID-19 vaccines. The FDA issued the alert in a statement released on Tuesday, March 9, 2021. According to the FDA, the alert has become necessary as a result of reports of the seizure of fake…
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Businesses lament decline in demand for eggs over price hike
The price of eggs on the local market increased significantly early this year and this impacted demand. During the yuletide, poultry farmers raised concerns about the limited supply of maize. This later resulted in a price hike of poultry products including eggs. The challenge amid the closure of the country’s borders, compelled government to issue…