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Ghana, Mexico committed to deepening bilateral relations

By: Rukaya Hamidu Ghana and Mexico have committed to deepening bilateral relations between the two countries. A virtual ceremony was held at the Mexico Embassy in Accra earlier yesterday to mark the 60 years anniversary of the diplomatic relations between Ghana and Mexico. The ceremony saw the attendance of the …

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Akufo-Addo appoints Edward Boateng as new MD for tor

President Akufo-Addo has appointed Ghana’s former Ambassador to China, Edward Boateng, as Managing Director of the Tema Oil Refinery (TOR).Mr. Boateng is expected to lead in the transformation of the company. Edward Boateng takes office at the Tema Oil Refinery at a time when workers at the state institution have …

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Ghana’s total population to be declared on Monday

The Ghana Statistical Service (GSS) is expected to declare the country’s official population on Monday, August 2 at a press conference in Accra. This follows the end of the 2021 Housing and Population Census on Saturday, July 31. The exercise began midnight of Sunday, June 27 but had to be …

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5th Ghana International Trade & Finance Conference

By Naa Anyema Collison The Ghana International Trade & Finance Conference has since its inception supported the agenda for the creation of a Single Continental Payment platform where all financial transactions will be carried out on the AfCFTA platform. Chairman of the Association of Ghana Industries Tsoam C. Akpeloo indicated …

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BoG maintains policy rate at 13.5%

BY: Naa Anyema Collison The Bank of Ghana’s Monetary Policy Committee (MPC) has maintained the policy rate at 13.5 per cent. The Committee said this is because its assessment showed that the risks to inflation and growth were broadly balanced. The committee announced this in a press statement on Monday, …

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Review Vehicle Income Tax payable by commercial vehicles

BY: Patience Awadzi In Ghana where 15-seater commercial “Trotro” vehicle owners pay only GHS16 Income Tax per quarter on their total Revenue must certainly need to look for drastic measures to tax taxpayers in the informal sector. Critics say the tax imposed on operators in the informal sector does not …

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1D1F: 150,000 jobs created so far – Alan Kyerematen

The Minister of Trade and Industry, Alan Kyerematen, has stated that, government’s One District One Factory initiative has so far created 150,975 jobs since its establishment in 2017. The 1D1F program is a private sector-led initiative that seeks to create the necessary conducive environment for businesses to access funding from …

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“NO ID, no transaction policy”: ascertaining its impact

BY: Joyce Andzie The introduction of the mobile money service has really contributed to the development of the country. It has made sending and receiving money easier and faster, however, fraudsters have taken advantage of the highly positive technological service to steal from people. The problem is a colossal challenge …

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Foodstuff prices to stabilize in September

The Deputy Minister for Food and Agriculture, Yaw Frimpong Addo has urged Ghanaians of a stable price of foodstuff by September. “It is our hope that once the new produce has been harvested by end of September, October prices will stabilize because we are going to have a lot of …

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Government secures $34m loan for Kpong irrigation

The government has secured a $34 million loan facility to rehabilitate the Kpong Left Bank Irrigation Project. The project, which has been completed awaiting investors, is sited between Akuse in the Eastern Region and Torgorme in the North Tongu District in the Volta Region. The Minister for Food and Agriculture, …

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Revenue to increase by GHS3 billion with Ghana.Gov platform -Bawumia

Adoanewsonline.com Vice President Dr Mahamudu Bawumia has indicated that the launch of the comprehensive digital service and revenue collection platform, created to provide a single point of access to Government of Ghana services for the public, will increase government revenue by an estimated GHS3 billion. The Ghana.gov platform is in …

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