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The Chamber of Petroleum Consumers Ghana (COPEC) has called on commercial drivers to immediately reduce transport fares due to the President’s decision to lift the restriction placed on commercial vehicles in the wake of the COVID-19 pandemic. President Akufo-Addo announced on Sunday that commercial buses and taxis are to load …
Read More »Taxi and Trotro Drivers can operate at full capacity – Akufo-Addo
Commercial vehicles can resume operations at full capacity, as President Nana Akufo-Addo lifts restrictions on transport activities. The decision, according to Akufo-Addo, was taken after consultations with the Ministers for Transport and Aviation and the leadership of transport unions. Airplanes, taxis, trotros and buses can resume regular operations, Akufo-Addo said in his …
Read More »Ken Ofori-Atta speaks on Osafo-Maafo & A-G’s $1m Kroll saga
Finance Minister, Ken Ofori Atta has waded into Attorney General’s fight with Senior Minister, Osafo-Maafo over the Kroll contract. Senior Minister Yaw Osafo-Maafo is in a court battle with the office of the Attorney General over a $1million Kroll contract. Mr Yaw Osafo-Marfo and four other officials from the Ministry of Finance …
Read More »$1bn wind power farms in Ghana stalled – IES
On March 2, 2017, Finance Minister Ken Ofori-Atta presented the Budget Statement and Economic Policy of the government to Parliament and secured approval. Page 102, paragraph 468 of the document highlighted the need to shift Ghana’s energy sources to renewables. Captured in the document, Mr Ofori-Atta stated: “In 2017, the Ministry will assist Bui …
Read More »Government okays Kantanka Group’s automobile operations
Finance Minister, Ken Ofori-Atta, has revealed that the government has “formally granted the Kantanka Group a licence to continue its auto assembly operations in Ghana.” The Kantanka Group, an indigenous automobile assembling company in Ghana, Mr Ofori-Atta intimated, will also be a beneficiary of the Ghana Automotive Manufacturing Development Policy, which, …
Read More »GUTA calls off its nationwide demonstration
The Ghana Union of Traders Associations (GUTA) has called off their nationwide strike which was supposed to take effect Wednesday, July 29, 2020. President of the Association, Dr Obeng, explained that the cancellation of the exercise comes after the Trade Ministry met with the national executives to find a lasting …
Read More »We can’t guarantee uninterrupted power supply if GH¢ 1.4bn debt isn’t paid – CIPBiD
Independent Power Producers in Ghana have said if the government fails to pay some GH¢ 1.4bn owed them “as soon as possible”, they cannot promise uninterrupted power supply. The Chief Executive Officer of the Chamber of Independent Power Producers, Power Distribution Companies and Bulk Consumers, Ghana (CIPBiD), Mr Elikplim K. …
Read More »Fabinho’s home burgled
Liverpool midfielder Fabinho’s home was burgled as the footballer celebrated the team’s Premier League win. Thieves broke into the Brazilian’s home on the day the Reds were presented with the trophy for their first top-flight win in 30 years. Items of jewellery and an Audi RS6 were stolen during the raid …
Read More »Financial sector clean up cost gov’t GH¢13.6 billion in Q1 2020 – Ofori-Atta
Government of Ghana has spent an amount of GH¢13.6 billion in the first quarter of 2020 as a result of the financial sector clean-up exercise undertaken by the central bank, the Bank of Ghana (BoG). According to the Finance Minister, Ken Ofori-Atta, the said amount, representing 3.5 percent of Gross Domestic Product (GDP), …
Read More »Ghanaian retail traders clash with Nigerian counterparts at Circle
ome members of the Ghana Union of Traders Associations (GUTA) on Friday, July 24, 2020, clashed with Nigerian traders who are operating illegally at the Kwame Nkrumah Circle despite GUTA’s directive for them to remain closed until they provide legal documents. The scuffle once again was about the infiltration of …
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