BUSINESS

Golden Star Resources hints at exports from oil palm plantation

The Chief Executive Officer of mining firm Golden Star Resources (GSR), Andrew Wray, has hinted at plans of certifying produce from its plantation – Golden Star Oil Palm Plantation (GSOPP) to allow for increased export prospects and consequently more income for host communities. Established in 2006 under the Alternative Livelihood …

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NPA sanctions recalcitrant bulk oil distributing companies

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 The licenses of these companies have been withdrawn.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 …

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TUC demands meeting with Airport MD over his alleged assault of staff

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 …

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Six ex-staff of FDA earned GH¢32,000 as salaries – A-G report

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 …

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How Finance Ministry ‘busted’ Health Minister, others and forced reduction of Sputnik V cost

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 …

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Ex-Ghana Standards Authority boss received double salary for 6-years – Audit report

• 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 …

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Guinness Launches Black Shines Brightest Campaign In Ghana

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 …

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Stanbic to shutdown ATM service Saturday

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. …

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Two ex-staff of SEC owe GH¢15,788.16 – AG’s report

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 …

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