The Ghana Grid Company Limited has said its technical team is working to restore power after some challenges led to a total shut down. This release comes after all parts of the country experienced interruption in power supply around 2:00pm on Sunday March 7, 2021. According to GRIDCo, the technical …
Read More »Government clears GH¢4 billion BDC legacy debt
The Government of Ghana (GoG) has settled debts in excess of GH¢4 billion owed Bulk Oil Distribution Companies (BDCs) in the country. A perusal of the Ghana Chamber of Bulk Oil Distributors (CBOD) 2019 Ghana Petroleum Industry Report by norvanreports, reveal that the last payment of the 8-year legacy debt …
Read More »Election petition verdict to boost investor confidence
The business community in the Sekondi-Takoradi Metropolis (STMA) say the supreme court ruling upholding the election of Nana Akufo-Addo as President could help enhance investor confidence and boost local economic development. They said the ruling in the election petition case had cleared investors uncertainty and that of the business community. …
Read More »Who will present the 2021 budget statement?
There’s been some skepticism as to who will be delivering government’s 2021 Budget Statement and Economic Policy before Parliament next week. The Finance Minister-designate, Ken Ofori-Atta is currently in the United States undergoing treatment for post-COVID-19 complications. His doctors however have advised him to stay on for another two weeks for further observation and …
Read More »Alan Kyeremanten to present 2021 budget as Ofori-Atta’s coronavirus treatment drags
President Akufo-Addo has elected Alan Kyerematen to present government’s budget statement for 2021. Mr Kyerematen will deliver the budget before Parliament after he is sworn into office following the approval of his nomination by the House. The Trade minister-designate has had to take on the exercise because the finance minister-designate, who has …
Read More »Government issues first 5-year bond in 2021
Government began processes to issue a five-year cedi-denominated bond on Tuesday with the publication of an initial pricing guidance through the Ghana Stock Exchange and the closure of the order book on Thursday. A release from the Bank of Ghana said the issuance will roll over maturing two-year notes into five-year bonds. …
Read More »Bright Addae’s Wife Venture Into Cosmetics Business
Mrs Emelia Addae, wife of former U-20 medalist Bright Addae has now joined the cosmetic business. Mrs Addae in an interview commended her husband Bright Addae for supporting her vision and mission as a businesswoman. Bright Addae who now plies his trade Sibu based football club FC Hermannstadt in the …
Read More »2021 Budget: Bawumia replaces Ofori-Atta in Parliament
The Vice President of the Republic of Ghana Dr Mahamudu Bawumia is likely to present the budget statement for the 2021 fiscal year on Friday, March 12, 2021. According to the leader of the majority caucus of parliament Hon. Kyei-Mensah Bonsu, the health status of the Finance Minister-Designate Ken Ofori-Atta is still not known …
Read More »British Airways reverses decision on Heathrow to Gatwick route for Accra
British Airways is said to have reversed its decision to move Accra – London route from Heathrow to Gatwick. According to Aviation Ghana, the decision comes on the back of lots of negotiations between the government and officials of British Airways. British Airways had planned to commence the Accra – …
Read More »Man Utd boss Solskjaer could ban Bruno Fernandes from international duty
Ole Gunnar Solskjaer is weighing up whether to block Manchester United star Bruno Fernandes from travelling with Portugal during the international break due to COVID-19 quarantine. Portugal are scheduled to play three World Cup qualifiers this month – at home to Azerbaijan (March 24), away to Serbia (March 27) and …
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