Economic growth depends on non-oil sector – IFS
The Executive Director of the Institute of Fiscal Studies (IFS) Prof Newman Kusi has said the country’s ability to fund projects that will boost the economy depends on the non-oil sector.Addressing a press conference...
Gov’t revamps GITC to fight dumping
The Trade Ministry has announced that government will soon be going hard on foreign firms that dump their products in Ghana.Dumping occurs when manufacturers export a product to another country at a price below...
Local banks express concern over treasury single account
Local banks in Ghana have said they are unable to comply with a directive by government to transfer monies held by government entities with local banks to the central bank under the Treasury Single...
Golden Star Resources starts production August
Golden Star Resources will from next month begin commercial production of gold at its underground mine.This move comes after several postponement due to operational challenges. The company’s mines at Wassa and Prestea are expanding...
Ghana, Malta deepen ties of co-operation
Ghana and Malta have pledged to strengthen the ties of co-operation that exist between the two countries, as well as collaborate further and provide mutual support for each other at both bilateral and multilateral...
A/R: Fuming minister orders GRA to unlock shops
The Ashanti regional minister, Simon Osei Mensah, has directed officials of the Ghana Revenue Authority to unlock shops of traders at the Kumasi Central Market following complaints over exorbitant tax.The traders who previously paid...
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%...
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...
A/R: Small Scale miners threaten to return to pit
Small scale miners in the Ashanti region have resolved to go back to the mining pits they abandoned as they accuse government of not showing commitment in fighting galamsey.The miners are expressing disquiet about...
Cabinet approves Fiscal Responsibility Law
Cabinet has given its approval for the submission of the appropriate legislation to Parliament to place a cap on Ghana’s fiscal deficit.The proposed amendment to the Public Financial Management Act is expected to limit...