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614 The Managing Director of the Tema Oil Refinery (TOR), Jerry Kofi Hinson has resigned from office on health grounds. Mr Hinson in a letter dated August 11, 2023 addressed to President Nana Addo Dankwa Akufo-Addo stated that he is unable to continue his role as the MD due to unforeseen health circumstances. “It has […]
1,495 The International Monetary Fund (IMF) has come to the aid of the Bank of Ghana (BoG), absolving it from accusation of mismanagement as a result of the loss of GH¢60 billion. The Bretton Woods institution believes accusation of mismanagement on the part of the central bank is far-fetched, and corroborated the BoG’s explanation on […]
522 Mr Luqman Mohammed Nuhu Appiadu, Ashanti regional vice chairman for GNAG, has secured the chairmanship slot in their upcoming elections without opposition. He has guaranteed sponsorship for artisans to pursue education abroad and broaden their horizons. According to the Chief Executive Officer of Luqman Engineering and Auto Service in the Ashanti region, the idea […]
595 The Acting Director General of the Geological Survey Authority (GSSA), Issac Mwinbelle, has offered insights into the rationale behind the Bank of Ghana’s (BoG) decision to relocate its head office to a safer area. Mr. Mwinbelle highlighted that the Ridge location chosen for the new headquarters is less vulnerable to earthquakes and tremors compared […]
592 Wins from lottery games, casinos and marketing promotional raffles will now attract a 10 per cent tax with effect from August 15, 2023. This means that gross winnings from all betting, gaming, lotto and other games of chance will be subjected to a 10 per cent withholding tax which will be considered as a […]
599 Accusations have been levelled by the opposition National Democratic Congress (NDC) against the Bank of Ghana, claiming the construction of a new head office at an alleged cost of $250 million. In an unfolding narrative of financial management woes, the NDC has pointed fingers at the Bank of Ghana’s leadership, alleging a history of […]
807 Ghana risks losing about $30 million from global donor funds for the fight against tuberculosis (TB) for defaulting in raising its counterpart funding. The Global Fund has also threatened to withdraw its support for most African countries because they have failed to make sufficient budgetary allocation to augment what they receive internationally. Ghana’s sole […]
546 Hon. George Mireku Duker, the Deputy Minister for Lands and Natural Resources in charge of Mining, has entrusted the Management and Staff of the Volta Aluminium Company (VALCO) with the task of ensuring the total transformation of the company to enable it assume a strategic position in government’s plans for the integrated aluminium industry […]
563 Government has extended the deadline for the domestic dollar bonds to Friday August 18, 2023. The bonds were originally scheduled to end on August 4, 2023. Government is seeking to exchange approximately $809 million. “In response to feedback received from eligible holders for more time to secure internal approvals to participate, government announces its […]
867 About twenty (20) persons at Asuofia ,a community within the Atwima Nwabiagya North District in the Ashanti Region have been empowered by Frank Yeboah Foundation to become self employed and acquire other vocational skills. Those who were empowered by the foundation comprised of unemployed women, artisans, and brilliant but needy students . The foundation […]