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Managers of popular Aburi hotel arrested for power theft

The managers of Hillburi, a popular hotel in the Eastern Region, have reportedly been arrested for illegally connecting electricity to their facility. According to a news report by myjoyonline.com, the illegal connection was discovered during a search of the hotel by officials of the Electricity Company of Ghana (ECG) as …

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TOR cut off from national power grid over GH¢26 million debt

The Tema Oil Refinery has been cut off from the national power grid over failure to settle a GH¢26 million debt owed to the Electricity Company of Ghana, a citinewsroom.com report has said. According to the ECG, the huge sum is an accumulation of unpaid power bills covering several months. …

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Bawumia launches Electronic Tax Clearance Certificate for GRA

The Vice President of the Republic, H.E Dr. Mahamudu Bawumia on Thursday, March 30, launched the Electronic Tax Clearance Certificate for the Ghana Revenue Authority – Official (GRA). The new platform can be accessed through a QR Code, an online portal, or a USSD. The Electronic Tax Clearance Certificate enables …

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Ghana Airways will fly again – Transport Minister assures

The Minister of Transport, Kwaku Ofori Asiamah has assured Ghanaians that the Ghana National Airlines will be back in operation by June or July of this year, 2023. The announcement was made at a press briefing at the Ministry of Information’s press center in Accra on Wednesday, March 29. The …

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FULL LIST: ECG releases 9-day ‘dumsor’ timetable

The Electricity Company of Ghana (ECG) has released a power outage timetable today Friday, March 31, 2023. The development has come about due to the maintenance work scheduled to be carried out by the Ghana National Gas Company on the Atuabo gas processing plant. Gas supply for power generation would …

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ECG disconnects power to McDan’s salt company over GH¢300,000 debt

A salt mining company belonging to businessman, Dr Daniel McKorley, has seen its electricity power supply cut off from the national grid due to a GH¢300,000 debt owed to the Electricity Company of Ghana, a myjoyonline.com report has said. The development follows an exercise carried out by the ECG Revenue …

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Police arrest 3 men for brandishing weapons in viral video

icle WhatsApp Facebook Twitter Email This One of the suspects arrested The Ghana Police Service have announced the arrest of three men who were captured in a viral video wielding guns at Japa, a community in the Western Region. According to the police, the suspects: Godfred Appiah, alias Nana Kobina …

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UBA Ghana Holds First Quarter Jogging to Bond

  UBA Ghana has held its first quarter staff bonding event named Jogging To Bond at the Burma Camp Sports Complex. The event aimed at fostering unity and instilling a healthy lifestyle among staff was themed “The Athletic Adventure’.   The fun-filled event brought together staff from various business offices. …

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Banks with less than 10% CAR asked to recapitalise

Banks with a capital adequacy ratio (CAR) of less than 10 percent of their assets have been asked to submit plans for recapitalisation, Bank of Ghana Governor Dr. Ernest Addison has disclosed. The ratio – a principal financial soundness indicator – demonstrates banks ‘ ability to finance their long-term capital expenditures and ventures, and …

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Banks cash reserve ratio back to 14%

The Bank of Ghana (BoG) Governor, Dr. Ernest Addsion, has announced a reversal of the cash reserve ratio on local currency deposits for banks, raising it from 12 percent to 14 percent effective April 13 as part of measures aimed at addressing the mopping-up of excess liquidity in the market, The banking …

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