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Tag Archives: Business

IMF deal stifling jobs: GNAT

General Secretary of the Ghana National Association of Teachers (GNAT), David Ofori Acheampong, has said if the Akufo-Addo-led government will be able to deal with the labour unrest in the country, then it will have to end Ghana’s three-year programme with the International Monetary Fund (IMF). According to him, the …

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‘Economy on life support’ – Minority

Ghana’s economy is on “life support”, the Minority in Parliament has said.“Our economy is on life support; any attempt to use propaganda will expose us,” warned Minority MP Isaac Adongo during a debate on Finance Minister Ken Ofori-Atta’s mid-year budget review presented to the house on Monday, 31 July.“Where in …

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‘Asempa’ budget now ‘Asemboni’ – Minority

The Akufo-Addo-led government’s Good News budget has now turned into a Bad News one, Cassiel Ato Forson, a former Deputy Minister of Finance and MP for Ajumako Enyan Essiam, has said following Finance Minister Ken Ofori Atta’s presentation of the mid-year budget review on Monday, 31 July.Mr Ofori-Atta, while presenting …

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Q1 2017: GDP hits 6.6%

The Akufo-Addo-led government was able to achieve a real Gross Domestic Product (GDP) of 6.6 percent in the first quarter of 2017, Finance Minister Ken Ofori-Atta has said.This was contained in the presentation of the mid-year budget review on Monday, July 31.The erstwhile National Democratic Congress (NDC), however, achieved 4.4 …

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H1 2017: Govt bags GHS17.5bn

Finance Minister Ken Ofori-Atta has revealed that the New Patriotic Party (NPP) government was able to raise GHS17.5 billion in total revenue and grants for the first half of 2017.This forms 8.6 per cent of the Gross Domestic Product (GDP) but fell short of the GHS20.5 billion that government had …

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Constellar Institute to establish 350 factories in 2-years

A local non-governmental organization, Constellar Institute for Creative Studies (CICS), is targeting to facilitate the establishment of 350 factories nationwide in two years. The initiative is under a special incubator programme, known as Industrial Empowerment Seminar,. CICS and its partners will create 7, 000 jobs over the period. The programme will be …

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Ameri deal cancellation looms as Majority backs plan

Parliament is set to debate an urgent motion for the termination of the AMERI power deal Thursday, but Majority MPs have said they will vote in favour of the motion. The 300MW emergency power contract was secured in 2015 by the John Mahama administration to fix severe power challenges at …

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PWDs to get 30% GoG contracts – Adwoa Safo

The Minister of State in charge of Public Procurement, Sarah Adwoa Safo, has said that as part of efforts at strengthening the capacities of local contractors, the government has made a policy where 70% of all its contracts or projects shall be awarded to local contractors. Out of this, 30% …

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Tigo Cash educates MM agents on BoG regulations

Team leads from Tigo Cash have engaged with agents at a nationwide retailer convention to explain the Bank of Ghana regulations and agent guidelines, mobile money safety as well as new initiatives soon to be rolled out by Tigo Cash. Grouped into regional events, the agents were also taken through …

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A/R: GRA, traders hold tax talk

Officials at the Ashtown Small Tax Office of the Ghana Revenue Authority (GRA) are resorting to dialogue to get traders at the Kumasi Central Market file their tax returns.This comes after cloth sellers kicked against what they described as astronomical taxes presented to them by the tax officers.Traders who previously …

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