Category: Top Stories
-
Elon Musk says he’s sleeping at Twitter’s HQ ‘until the org is fixed’
Twitter CEO Elon Musk tweeted on Monday morning that he will be working and sleeping at the Twitter headquarters in San Francisco “until the org is fixed,” after saying he spent the previous night there. Musk made the tweet as part of a Twitter thread started by Eric Frohnhoefer, a Twitter employee that’s been at the company for…
-
Private takeover of Saglemi project ‘a good call’ – GREDA Executive Secretary
The Executive Secretary of the Ghana Real Estate Developers Association (GREDA) Samuel Amegayibor, has charged its members or any private developer who expresses interest in the Saglemi Housing project to sort out all legal issues surrounding the project. His comments come on the back of the government’s intention to sell the 1,500 housing units to…
-
Premix Secretariat assures of resolving shortages of the product
The National Premix Secretariat has assured fisherfolks of plans to solve the perennial premix fuel shortage conundrum. Speaking in an interview with Citi News, Nana Abrokwah Asare, an administrator at the National Premix Secretariat, has said it is working to make the product available to fisherfolks. Fisherfolks in Lower Prampram in the Ningo-Prampram District of the…
-
Cabinet approves draft rent bill; expected in Parliament soon
Cabinet has given approval for the draft rent bill and recommended same for the consideration of Parliament, the Minister for Works and Housing, Francis Asenso-Boakye has revealed. Parliament is expected to soon deliberate on the bill to ensure that it is enacted into law. Speaking at a Press Briefing on Sunday, November 13, Mr Asenso-Boakye…
-
Exporters, Importers demand removal of 1% Covid-19 levy
The Importers and Exporters Association of Ghana says government must do well to remove the one per cent Covid 19 Health Recovery Levy in the 2023 budget statement following an assurance by Majority Leader, Osei Kyei Mensah Bonsu that the budget will be read before November 30 The 2021 budget proposed a one per cent…
-
Upstream petroleum chamber calls for harnessing of local gas resources
The Chief Executive Officer of the Ghana upstream petroleum chamber, David Ampofo has called on various players in the country’s energy sector to focus attention and more resources on local gas production. This, he says, is necessary to strengthen the sector and also cut down on the amount of foreign reserve that is used to…
-
AGI urges businesses to employ innovative strategies to control economic hardships
The Association of Ghana Industries, AGI, is urging industry players to adopt innovative ways to come out of the challenges that confront their industries. Their call comes as businesses are currently grappling with economic challenges confronting the country. Speaking during the Accra Regional Annual General Meeting of the Association, Greater Accra Regional Chairman of AGI,…
-
Effect of cedi depreciation on inflation expected to continue – GSS
The Ghana Statistical Service has cautioned that the continuous depreciation of the local currency could continue to adversely impact the country’s inflation. Recent Data released by Service shows that the continuous hikes in prices of food, transport, water, and other fuels pushed Ghana’s inflation rate to hit 40.4 percent for the month of October. Addressing…
-
Ex-Goldman banker, Asante Berko arrested over alleged bribery scheme
Former Goldman Sachs Group Inc. banker and former Managing Director of the Tema Oil Refinery, Asante Berko, was arrested on charges that he orchestrated bribes to Ghanaian officials while employed at the investment bank. A six-count August 2020 indictment unsealed last week in federal court in Brooklyn, New York, accuses Berko of conspiring with at…
-
Development Bank Ghana joins Ghana Association of Banks
The Development Bank Ghana (DBG) was officially admitted to the membership of the Ghana Association of Banks (GAB) on November 1, 2022. DBG, therefore, becomes the 25th Institutional Member, following the approval of the Executive Council of GAB. DBG is expected to complement the efforts of other Institutional Members of the Association in the drive…