Friday , March 29 2024

Business

Ghana will get bailout package soon – IMF boss

IMF boss

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, is optimistic that the fund’s Executive Board would grant final approval to Ghana’s bailout request soon. Ms Georgieva said at the ongoing World Bank/IMF Spring Meetings in Washington D.C. that her optimism stemmed from the swelling goodwill that the …

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UK red list Ghana, Nigeria for health workers’ recruitment

health workers

Ghana is now among the list of 54 countries that should not be actively targeted for recruitment by health and social care employers in the United Kingdom. The announcement was made by the UK government in its revised code of practice for the international recruitment of health and social care …

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Ghana Gas completes maintenance works at Atuabo

Ghana Gas

The Ghana National Gas Company has announced the completion of maintenance of the Atuabo Gas Processing Plant in the Western region. The completion of the maintenance works brings to an end the recent power outages experienced by some power consumers. “Ghana National Gas Company wishes to announce to all its …

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Freight Forwarders demand urgent review of 3 new tax laws

Freight Forwarders

The Ghana Institute of Freight Forwarders is asking the government to review the three new revenue bills passed by Parliament. This follows the decline in traffic at various ports in the country. The situation is reported to have commenced in June 2022 through to the end of the first quarter …

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ECG disconnects over 200 customers in Dambai District

ECG

The Electricity Company of Ghana has disconnected some 200 customers in Dambai for non-payment of power consumed. The disconnections were done as part of the company’s one-month nationwide revenue mobilization exercise which began on 20th March 2023. The ECG is embarking on this nationwide exercise to retrieve about 5.7 billion …

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Drop in imports due to govt’s fiscal policies – Awingobit

Awingobit

The executive secretary of the Importers and Exporters Association of Ghana, Sampson Asaki Awingobit has blamed the low volumes of imports into the country on fiscal policies implemented by the government. Mr. Awingobit said there have been laudable investments and an improvement in the clearing period of goods which should …

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Shatta Wale gifts Dr Likee a saloon car

ras-nene-Shatta Wale gifts Dr Likee

Dancehall King Shatta Wale is in the news again, just this time not for verbal assault but for his charitable deeds. Shatta has gifted comic actor and youtuber, Dr Likee a brand new car in appreciation for the support the latter has dedicated to his Shaxi business. Since Shatta Wale …

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Gold for oil: Fuel prices will go down further – Bawumia

Dr. Mahamudu Bawumia

Vice President Dr Mahamadu Bawumia has described the Gold-for-Oil policy as a game changer that will push fuel prices down. According to him, prices of petroleum products will go down once again at the pumps from tomorrow, March 16, 2023. Commissioning a new head office for the Bulk Oil Storage and Transportation …

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Most stores at Makola to go online

Makola Market

Makola is an iconic landmark in the capital city of Ghana, Accra. It is the largest and most popular open-air market in the city, with hundreds of vendors offering everything from fresh produce to electronics and more. Recently, the majority of these stores have made the decision to go online, …

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Govt postpones meeting with China on debt cancellation

Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023. This is owing to the upcoming National People’s Congress of China meeting scheduled for early March. However, the Finance Minister said bilateral talks will continue ahead of this important …

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