BUSINESS

Isaac Osei steps down as TOR boss

The Managing Director of the Tema Oil Refinery, Isaac Osei, has resigned. Chairman of the General Transport, Petroleum, and Chemical Workers Union (GTPCWU) at TOR, John Elton Botchway confirmed this to JoyNews Friday. According to him, Mr Osei made the surprise announcement at a staff end-of-year gathering. “He asked us to …

Read More »

GRA to tax clothing allowance of bankers

The clothing allowance paid to members of the Ghana Banking Association is now subject to taxation, the Ghana Revenue Authority (GRA) has revealed. In a letter addressed to the Executive Secretary of the Ghana Banking Association on Tuesday, 17 December 2019 and signed by the Acting Commissioner-General of the GRA, …

Read More »

Ghana rice to have special identification stickers – Rice Millers

Moves are being initiated by rice millers in the country to get special identification stickers to differentiate Ghana rice from those imported. The Convener of the Rice Millers Association, Yaw Adu Poku, who made this known to Citi News said the move is also to check unwholesome or fake Ghana …

Read More »

Kotoka International Airport welcomes Air Senegal

The Kotoka International Airport on Monday witness the dramatic traditional water cannon salute to the return of Air Senegal to Ghana after years of withdrawal with the introduction of its maiden direct between Accra and Dakar. The Maiden flight A319 touched down on Monday, December 16, with 62 passengers. It …

Read More »

Menzgold to announce payment plan today

Menzgold will today announce a payment plan and schedule fo payment for its numerous customers whose investments are held up with the company. It comes after the company invited the customers to visit their respective outlets to validate their documents in November. The CEO of the company Nana Appiah Mensah, …

Read More »

Video: Man causes stir by using broomstick to remove swallowed ATM card

A funny video of a man attempting to remove his ATM card that has been withdrawn by an ATM machine has surfaced online. In the rib-cracking sighted on Instagram, the man was using a broomstick to try to remove the card. It appears that the man did not know the …

Read More »

Secret memo exposes Ken Ofori-Atta over GN Bank closure

Any thoughts that BoG has been acting independently should be finally out to rest based on new documents that have been obtained from confidential sources. As early as June 2018, six months before the deadline to raise an additional 280 Million in minimum capital, the Minister of Finance went to …

Read More »

IMF worried about Ghana’s debt position

The International Monetary Fund (IMF) has expressed concern about Ghana’s current status as a country at high risk of debt distress – a reference to countries where debt sustainability analyses (DSAs) show protracted breach of debt and debt service thresholds. The concern was contained in a statement issued on December …

Read More »

Selfishness and greed stalling Ghana’s dev’t – Rev Awotwi Pratt

Former Presiding Bishop of the Methodist Church of Ghana, Most Rev. Titus Kofi Awotwi Pratt, says deep-seated selfishness and greed among Ghanaians is hindering and curtailing the developmental efforts of the country. Exhorting attendees of a Ministry of Foreign Affairs and Regional Integration Festival of Nine Lessons and Carols, the …

Read More »

World Bank ‘pressures’ government over $5bn Eni gas

Sources at the Ministry of Energy have raised serious concerns regarding the World Bank’s ‘attempts’ to delay the approval of a $500 million loan in order to force the government of Ghana into buying $5 billion worth of expensive gas from the Sankofa gas field. That, according to DGN Online’s …

Read More »