BUSINESS

The National Petroleum Authority (NPA) has sanctioned some Bulk Oil distributing companies (BDCs). The licenses of these companies have been withdrawn. This is due to their inability to meet the license requirement for them to continue to operate in the industry. The NPA however did not on the names and …

The Public Service Workers Union of the TUC has written to the Managing Director of the  Ghana Airport Company requesting a meeting over the alleged assault of a union member of the Ghana Airport company by the MD. The Managing Director of the Ghana Airport Company Yaw Kwakwa is alleged …

Ad The 2020 report of the Auditor-General has revealed that some six former staff of the Food and Drugs Authority (FDA) still continued to earn salaries even after resigning and retiring. Regulation 92 of the Public Financial Management Regulations 2019 (LI 2378) stipulates that the Principal Spending Officer of a …

Details are beginning to emerge that the Finance Ministry, had queried the Health Ministry over differences in the two Sputnik-V vaccines contracts signed with Sheikh Ahmed Dalmook Al Maktoum’s private office in Dubai and a Ghanaian company, SL Global, forcing an amendment in the latter’s contract. The query, by the …

• Dr. Crentsil is reported to have received a double salary including allowances of GH¢342,068.70 • The Auditor-General’s Department has begun processes to retrieve the money • The GSA has also been charged for authorizing the payment  The 2020 report of the Auditor-General’s Department has revealed that former Executive Director …

Accra, Ghana; 13th August – Guinness has a long and rich history in Africa and following organic sales growth of Guinness trademark of 32% across the continent, Guinness is launching a new campaign in Ghana and across key markets in Africa – ‘Black Shines Brightest’. ‘Black Shines Brightest’ is a …

Stanbic Bank will be shutting down its ATMs across the country on Saturday August 14, a message to customers has said. The ATMs will be unavailable from 12 midnight on Saturday August 14 to 8:00 am on Sunday August 15 to allow for a scheduled systems upgrade, the bank said. …

The Auditor General has revealed in his report that two former staff of the Securities and Exchange Commission who resigned in 2015 and 2016 financial years respectively had an outstanding loan of GH¢15,788.16 as at the end of the year 2019. To that end, the report said “We recommended to …

Ad • The audit report says more than ¢440 million locked up in non-performing investments • The report stated SSNIT did not receive any returns from two of the companies for investments made since 2005 • The Auditor-General has called for the strengthening of supervisory controls The 2020 audit report …

The Chief Executive Officer(CEO) of the Ghana National Petroleum Corporation (GNPC), Dr. K.K Sarpong, has debunked speculations that President Nana Akufo-Addo has dismissed him from office. Peace FM’s ‘Kokrokoo’ programme host, Kwami Sefa Kayi, in an interview with the GNPC Boss on Thursday, August 12, 2021, asked him about some …