Tag: Dr. Mahamudu Bawumia
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Customers of Savings & Loans, Microfinance including DKM to get full payments
Vice President, Dr. Mahamudu Bawumia, says all customers of defunct savings and loans and microfinance companies will be paid their locked up funds in full, including DKM customers who were affected in 2015. This is the second time a high government official has made the assurance following a directive by President Akufo Addo to the…
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Non-performing managers of SOEs will face sanctions- Bawumia
The Vice President, Dr. Mahamudu Bawumia, has asked the State Interests and Governance Authority (SIGA), to sanction managers of state-owned enterprises (SOEs) who fail to operate in line with laid down procedures to churn out profits. According to him, this will help address issues of under-performance of state institutions and make them profitable. This comes…
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We’re disrupting corrupt behaviour in public service delivery through digitization – Bawumia
Vice President, Dr. Mahamudu Bawumia, says government’s efforts to digitize the economy have reduced the rate of corruption that characterizes service delivery systems in Ghana. He says many institutions that have moved their manual operations onto the digital space have eliminated intermediaries who mostly perpetuate these corrupt acts. “When you now move to places like…
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Banks sign ‘Sustainable Banking Principles’ to invest in environmentally friendly projects
Banks in the country have signed the Sustainable Banking Principles and Sector Guidance Notes that binds them to strictly invest only in environmentally friendly projects. Per the principles, banks in Ghana can reject investment in areas that may promote environmental degradation and pollution. Speaking at the launch of the guidelines, the Vice President, Dr. Mahamudu…
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China releases funds for phase one of Sinohydro project
Funds for the first tranche of the ‘bauxite for development’ barter agreement, popularly known as Sinohydro deal, signed between the Government of Ghana and the People’s Republic of China has been released, the Vice President of the Republic, Dr. Mahamudu Bawumia has disclosed. Speaking in Accra on Monday, 11th November 2019 at the Jubilee House,…
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Ghana to export electricity to Mali and Niger — Dr. Bawumia
Vice President Dr. Mahamudu Bawumia says Ghana is on course to become a major exporter of power in the West Africa sub-region following the commencement of export of electricity to Burkina Faso. Burkina Faso joins Togo, Cote d’Ivoire and Benin as the West African countries that Ghana regularly exports electricity to. But speaking at the…
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GhiPSS ready to support gov’t e-payment agenda
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has said it is ready to provide a wide range of payment services for the public sector payment system for all government projects. The Vice President, Dr. Mahamudu Bawumia has earlier indicated that government projects will all paid through electronic means by the middle of next year…
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Sod-cutting for Pwalugu multipurpose dam comes off in November — Bawumia
The formal groundbreaking ceremony for the construction of a multipurpose dam at Pwalugu in the Upper East region will take place in November, Government officials have announced. This came to light during a meeting chaired by Vice President Dr. Mahamudu Bawumia and some key stakeholders, including officials of the Ministry of Finance, Volta River Authority…
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Glofert launches Ghana’s largest fertilizer processing company
Ghanaian farmers seeking the right fertilizer to apply on their farms can now heave a sigh of relief with the commissioning of a new fertilizer blending facility, Glofert fertilizer. The company prides itself with the production of fertilizer which will suit the various soil types for the cultivation of crops. The move is also part…
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[Article] Dr. Bawumia; don’t let Saudi Arabia fish for you, learn how they fish
Some years back, I used to watch Nollywood movies. As far back as I can remember, I watched this thrilling movie which told a great life lesson. This lesson was captured in a fateful encounter between a rich man and his friend who sadly struggled to make ends meet. The poor man grabbed every opportunity…