Category: Top Stories
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Govt committed to prioritizing gender mainstreaming in energy policies – Herbert Krapa
Deputy Energy Minister, Herbert Krapa has emphasized the importance of mainstreaming gender issues in policies and budgets across various sectors, particularly energy. The Deputy Energy Minister further underscored the transformative potential of energy access, highlighting that when women are empowered with reliable and clean energy sources, they can drive diverse sectors of the economy and…
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#CitiBusinessFestival: Go digital to increase customer reach – Businesses told
Businesses have been urged to review their business models to meet the changing needs of customers. This will help them to maximize opportunities and remain sustainable in the digital economy. Claude Agyen-Asamoah, Head of Payments & Digital Commercialization at Absa Bank made the remarks on the on-air series of the Citi Business Festival while urging…
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GRA apprehends shop owners at Achimota for tax infractions
Three shop owners at Achimota, a suburb in Accra, have been apprehended for flouting tax laws of Ghana. The move is a continuation of the GRA’s exercise to have businesses comply with the VAT issuance regime as a civil responsibility. At least 50 business owners have so far been cited for wrongdoing since the commencement…
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Telcos, BoG to collaborate to retrieve locked funds on MoMo accounts – Ursula
The Minister of Communications and Digitalisation, Ursula Owusu-Ekuful, has announced that Mobile Network Operators (MNOs) are working with the Bank of Ghana to facilitate the retrieval of funds for individuals whose monies are locked up in mobile money accounts. Numerous subscribers have voiced their concerns regarding the inability to access their funds on mobile money…
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Unlock the full potential of mining, energy sectors for domestic industrialization – Abu Jinapor
The Ministry of Lands and Natural Resources has reiterated calls for players within the mining Industry to prioritize value addition to its extractives exported out of the country to ensure the country rakes in the full benefit of the Industry. The sector Minister, Samuel Abu Jinapor maintains that narrative of naturally endowed countries being caught…
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Update your records or have your names expunged – ORC tells businesses
Businesses entities and other professional bodies risk having their details expunged from the National Register if they fail to update their records with the Office of the Registrar of Companies (ORC). This, the ORC explains has become necessary as the new office was hived from the Registrar General’s Department. Jemima Maama Oware, the Registrar of Companies…
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GOIL records 26% increase in profit in 2022; approves ¢0.056 dividend per share
The Ghana Oil Company Limited, GOIL has recorded an impressive growth performance across key indicators of its operations for the year ended 31st December 2022. The company registered a profit after tax of 123.89 million cedis, representing an increase of 26 percent higher than what was recorded last year. The company also declared a dividend…
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Restructure Ghana’s finances to wean it off IMF – Pianim
Renowned economist, Kwame Pianim is advocating for the country to restructure its finances and organizations to enable it to develop steadily. He believes this will enable the country to wean itself from dependence on institutions such as the International Monetary Fund (IMF). Pianim made the comment while highlighting the importance of investing in peace in…
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Ghana’s gold production drops by 12% in 2020 – EITI Mining Sector Report
Ghana’s total volume of gold produced fell to 4.023 million ounces in 2020 compared to the 4.577 million ounces produced in 2019. This represents a 12 percent drop in the country’s gold production as contained in the 2022 mining sector report by the Extractive Industries and Transparent Initiative (EITI). Per the report not only did…
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Ghana is the best destination for investment in West Africa – Bawumia
The Vice President, Dr. Mahamudu Bawumia, has stated that despite the existing economic challenges, Ghana remains the most favourable investment destination in the West African Sub-region. In his opinion, the $3 billion support received from the International Monetary Fund (IMF) will contribute to the stabilization of the Ghanaian economy. Dr. Bawumia expressed confidence that investors…