The High Court has struck out an application by the Attorney General seeking to stop State Agencies from paying monies owed some contractors to Ghana Growth Fund. Ghana Growth Fund Company Limited (GGFC), which is a subsidiary of Groupe Nduom, sued the Attorney General’s Office (AG), Finance Ministry, Road Ministry …
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The International Monetary Fund (IMF) October 2019 World Economic Outlook Report, has ranked Ghana first in Africa in gold production and sixth, with the United States of America in the world. Ghana has accrued US$7.4 billion from production of gold between 2016 and 2018. China is the leading producer of …
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Former President John Mahama has started a spat over the termination of the Power Distribution Services (PDS) concession, describing the action as a self-serving, shady and needless decision. Even before the ink dried over his abrasive words, the government had fired back at him with remarks that his expression lacked …
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Board Chairman of the Ghana Revenue Authority, Prof Stephen Adei has revealed plans to reward whistle-blowers. According to him, the GRA plans to revive an old practice where persons who expose tax defaulters are given a portion of the money when it is retrieved. “When you evade tax, there’s a …
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The Ghana Revenue Authority (GRA) has locked up Pasico Ghana for nonpayment of taxes. The company is known to be the best producer of aluminum frames and Louvre blades; the most popular is the Pasiguard security grills. It also deals the selling and hiring of lifting equipment and building materials. …
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The MTN Ghana Foundation has called for a relook at Math and Science education in Ghana. The foundation is calling for more innovative ways of teaching Math and Science to make it understandable and practical to Ghanaian students. The call was made Wednesday when the MTN Ghana Foundation donated special …
Read More »Tenants at the Accra Mall will temporarily close down their shops on Thursday, October 24, to express their objection to what they say is difficult conditions at the mall. The shop owners are asking among other demands a reduction in their rent charges and also an improvement in promotions to …
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The Electricity Company of Ghana has announced it has taken full control of power distribution as it terminates its contract with Power Distribution Services (PDS). Consequently, all activities which were hitherto undertaken by PDS have reverted to ECG. In a statement announcing the takeover, ECG said all stakeholders and customers …
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The government’s decision to abrogate the power concession agreement with Power Distribution Services (PDS) has elicited strong reactions from some energy sector think tanks and political actors. The Institute of Energy Security (IES) and the biggest opposition party, the National Democratic Congress (NDC), have welcomed the cancellation of the “stinky” …
Read More »It has emerged that the Millennium Challenge Corporation (MCC) asked the Ghana government, through the Finance Minister, to reinstate PDS to their original position as managers of Ghana’s power sector before the contract was terminated by Ghana. A letter from MCC to the finance minister sighted by Starr News said …
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