Business

Akufo-Addo inaugurates reconstituted Board of GBC

President Nana Addo Dankwa Akufo-Addo Tuesday inaugurated the 13-member reconstituted Board of the Ghana Boundary Commission (GBC), urging the body to ensure the speedy demarcation of the country’s land and maritime borders to stem conflict with Ghana’s neighbours. Chaired by Mr Kwaku Asomah-Cheremeh, Minister of Lands and Natural Resources, the Board includes Madam Shirley Ayorkor Botchwey, Minister

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Business

Pay us or lose our votes – Menzgold customers threaten Akufo-Addo

Some aggrieved customers of Menzgold have called on the ruling New Patriotic Party (NPP) to provide a timeline for the payment of their locked-up funds or risk losing their votes. The aggrieved Menzgold members have given the government by the close of October 12, 2020, to decide their fate. The aggrieved depositors say their woes have been ignored by the government

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Business

Transforming Ghana Beyond Aid: Key for next NPP government

The government under the leadership of the New Patriotic Party (NPP) over the last three and half years have stabilised and prudently managed the economy, Prince Appiah Debrah, Parliamentary Candidate for Klotey Korley Constituency has stated. He said the NPP government under the dynamic leadership of President Nana Addo Dankwa Akufo-Addo through a strong economic management team has

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Business

232 out of 260 1D1F factories on track – Alan Kyerematen

Government says 232 out of 260 factories under its flagship 1D1F industrialization program are near completion with some operating at full capacity. Trade and Industry Minister, Alan Kyerematen who announced this at the Nation Building Updates held in Accra on Thursday, September 8, 2020 also disclosed that “through the 1D1F government’s initiative, 76 projects have

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Business

GH¢3.5 billion spent on Office of Government Machinery

The Office of Government Machinery last year spent a total of GH¢3.5 billion on the implementation of its various programmes and activities. Employee Compensation took GH¢140.8 million; Goods and Services – GH¢3.3 billion, while GH¢55.49 million was spent on assets. Dr Mark Assibey-Yeboah, Chairman of the Finance Committee, announced this when he presented the Committee’s Report

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Business Top Updates

World Bank approves $315m to Ghana

The World Bank’s Board of Executive Directors has approved US$315 million from the International Development Association (IDA) to support job creation, skills development and digital transformation in Ghana. The package includes US$200 million for the Ghana Jobs and Skills Project and an additional financing of US$115 million for the eTransform Ghana Project. “The two projects

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Business Top Updates

GN license revocation: Bank of Ghana gets another adjournment, delays case

The lawyers for the Bank of Ghana have on Thursday secured a further adjournment in the GN Savings and Loans licence revocation case. This follows two earlier adjournments in the case within 7 days. Dr Papa Kwesi Nduom and two other shareholders of GN Savings have been in Court since August 2019 to challenge the Bank of Ghana’s decision to

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