Category: Top Stories
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Staff of AirtelTigo won’t be affected in takeover of company – Ursula
Communications and Digitalizations Minister-designate, Ursula Owusu-Ekuful has assured that government will do its best to safeguard the jobs of workers of AirtelTigo once it completes processes to take over the company within the short term. The Government of Ghana in October last year confirmed reports that it is at an advanced stage in discussions with…
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Beijing Everyway drags Ghana to arbitration over Accra intelligent traffic management contract
Management of the Beijing Everyway Traffic and Lighting Technology Company Limited is seeking $55 million dollars in damages from the Ghana government at the London court of international arbitration. This follows the cancellation of the Accra intelligent traffic management project which was earlier awarded to the company. The company was contracted in 2018 to implement…
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WTO Appoints Nigeria’s Ngozi Okonjo-Iweala as First Female Leader
Ngozi Okonjo-Iweala has been appointed the new chief of the World Trade Organization. This is according to CNBC. Ultimately, she becomes the first woman to ever lead the Switzerland-based institution and the first African citizen to take on the role. However, this is not the first time that Okonjo-Iweala makes history. Born in Nigeria, Okonjo-Iweala…
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Government settles over 50% power debt owed IPPs
The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB), has revealed that government has settled a little over 50% of the overdue debt owed them. According to them, this leaves the current indebtedness of the government to the IPPs at about $750 million. This comes barely two months after the Chamber threaten to…
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SSNIT to integrate Ghana Card unto system
As part of efforts towards streamlining and improving its services, the Social Security and National Insurance Trust is set to accept Ghana Card from its new pension’s scheme applicants. According to management of the entity, already existing SSNIT customers can also have their Ghana Cards integrated into the system. The Director-General of SSNIT, Dr John…
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Ofori-Atta flies to US for treatment following complications after COVID-19 recovery
Finance Minister-designate, Ken Ofori-Atta has travelled to the United States of America for further treatment following complications after recovering from COVID-19. This was announced in a statement issued by the Finance Ministry on Sunday, February 14, 2021. The statement added that the decision to fly Mr. Ken Ofori-Attah was on the orders of his personal…
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Build capacity of tomato farmers to help meet local demand – Government urged
The Fruits and Vegetables Producers Association of Ghana (FVPAG) has urged government to invest in building the production capacity of tomato farmers in Ghana as well as the development of better varieties of tomatoes to increase the quality of quantity of tomatoes produced in Ghana. According to the association, this will end the unfortunate phenomena…
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IGP directs police to protect tomato importers travelling to Burkina Faso
The Inspector-General of Police, James Oppong-Boanuh has directed the deployment of armed police officers to provide escort services for tomato traders and transporters who travel to neighbouring Burkina Faso to import the commodity. This comes after the Tomato Traders and Transporters Association declared a strike because of lack of concern for the security of its…
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Central Bank urged to enhance its supervisory role
Stakeholders within the governance sector have charged the Bank of Ghana to improve on its supervisory role to reduce the risk of another financial sector collapse and ensure prudential standards are strictly been followed. According to them, this will enable the Banking and Special Deposit Taking Institutions sectors as well as other banks to remain…
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Price of goods and services up by almost 10%
Latest data released by the Ghana Statistical Service, GSS, indicates that on a year-on-year basis (January 2020 to January 2021), the average price of goods and services across the country increased by 9.9 percent. The rise in the inflation rate for January 2021, is however lower than the rate recorded for December 2020 by 0.5…