BUSINESS

The Head of Local Government Service, Nana Ato Arthur has debunked claims that electing Metropolitan Municipal and District Chief Executives (MMDCEs) will divide the country. He said such a move will rather strengthen local governance and hasten development in the country. Nana Ato Arthur who was speaking in a Citi …

The Board of Directors of CalBank have nominated Mr. Philip Owiredu as the new Chief Executive Officer of the Bank, subject to Bank of Ghana’s approval. Mr. Owiredu has been the Bank’s Executive Director/Chief Financial Officer (CFO) since 2011. Upon approval, Mr. Owiredu will assume the Chief Executive Officer position …

Ghana’s parliament on Wednesday, 6 November 2019 approved the $600-million loan agreement for the Cocoa Productivity Enhancement Project. Several initiatives such as mass cocoa-spraying exercises, agronomic support and input subsidies are expected to be undertaken under the project. The loan is sourced from AfDB. The House approved the loan through …

The Ghana National Petroleum Commission (GNPC) will continue to be afflicted with political interests and interference until non-partisan managers are appointed to lead it, the Chief Executive Officer of GASSOP Oil Kojo Poku has observed. According to him, GNPC will not be able to operate and function like other global …

Parliament is today expected to approve the US$600 million credit facility meant for the Cocobod cocoa sector stimulus programme despite concerns raised by the minority over certain aspects of the facility. The stimulus package which is being financed with a loan facility from the African Development Bank will, among other …

Parliament has deferred the approval of a 600 million dollar loan facility for the Ghana Cocoa Board’s (COCOBOD) cocoa productivity enhancement programme. This was after the Minority Leader, Haruna Iddrisu questioned the utilization of 68 million dollars for hand pollination, 5 million dollars as part of the school feeding programme …

Wife of the senior police officer who has been picked up over his alleged involvement in a coup plot has criticised her husband’s arrest and detention, calling it an act of intimidation. Patience Agordzor said it does not make sense that Dr Benjamin Agordzor is being held for over 24 hours …

The Ghana Chamber of Telecommunication has announced it has agreed with the government to stop the upfront deduction of the Communication Service Tax (CST) which has bedevilled mobile subscribers in the country. “The Ghana Chamber of Telecommunication wishes to inform mobile subscribers and the general public that, following fruitful discussions …

The Akuapim South District Assembly says it plans to declare the Aburi Mountain a green zone and strictly enforce regulations to protect the area. It said the move is to ensure that real estate developments in the area are not carried out haphazardly. This comes after indications that the many …

Rice importers would be ordered to cease their trade in three years if everything goes as planned, the Agric Minister has said. The same applies to persons who import poultry products. Dr. Owusu Afriyie-Akoto says the government is working fervently to “establish the local capacity” to meet demand. Speaking on …