Business

NPA Shuts Down NPP Chairman’s Fuel Station

557  The National Petroleum Authority (NPA) has shutdown LillyGold Energy Resources Limited, an Oil Marketing Company (OMC) belonging to the Northern Regional Chairman of the New Patriotic Party, Mr. Mohammed Adam Baantima Samba. The NPA had to undertake the operations after it emerged that the company was operating illegally after the authority had revoked the […]

Business

SOLASS of GIMPA Introduces Programmes to Support the African Economic Ecosystem

629  The Department of Economics and Hospitality Studies under the School of Liberal Arts and Social Sciences(SOLASS) of Ghana Institute of Management and Public Administration has introduced innovative Master’s Degree Programmes to train Economists to support the economic transformation of African Countries and the programmes are as follows: 1. One Year MSc in Financial Economics […]

Business

BoG records ¢60.8bn loss in 2022

1,628  The Bank of Ghana recorded a loss of ¢60.8 Billion Ghana cedis in 2022, its Annual Report and Financial Statements has revealed. The Central Bank’s record loss is coming after it posted a ¢1.2 billion profit in 2021. According to the Annual Report and Financial Statements, the loss is attributed to a decline in […]

Business

Use Mid-Year Budget Review to Suspend the Insensitive Lottery/Sports Betting Taxes: CSBO Urges Ken Ofori-Atta

442  The Coalition of Small Business Owners(CSBO) through its Convener, Mr. Justice Ayeh Donkor is urging Ken Ofori-Atta, the Minister of Finance with immediate effect to use the 2023 Mid-Year Budget Review to Suspend the Lottery and Sports Betting Taxes imposed on Lottery and Sports Betting Companies and their customers. The taxes on Lottery and […]

Business

Hon Mireku Duker Launches two community mining schemes in Amansie West District

732  Two Community Mining Scheme (CMS) concessions expected to create a combined 7,500 job opportunities have been launched at Moseaso-Abransie in the Manso-Nkwanta Constituency of the Ashanti Region. Delivering a speech at the ceremony on behalf of the sector minister on Wednesday, July 26, Deputy Minister George Mireku Duker promised to continue his advocacy for […]