Tag Archives: REPORT

Government of Ghana owes the Northern Electricity Distribution Company (NEDCo) more than ¢1.27 billion for power consumed, the Auditor-General’s 2021 report has revealed. Section 91 of the Public Financial Management Act, 2016 (Act 921) provides that the board of directors of a public corporation shall ensure the efficient management of …

An upcoming report from the Ghana Statistical Service has revealed that 7.9 million persons aged 6 years and older in Ghana are illiterate. This means that they cannot read and write with understanding. This figure as broken down by the GSS noted that 4.6 million females are illiterate and 3.3 …

More details have emerged following the death of the Municipal Chief Executive (MCE) for Krachi East in the Oti Region, Francis Kofi Okesu. Francis Kofi Okesu is reported to have died in a hotel room in the Ashanti Region on September 4, 2022, after he checked in at Kentinkrono on …

After gaining $1.9 billion in the first five months of 2022, Africa’s richest man Aliko Dangote has seen his net worth fall by $2 billion in the past three months due to a protracted slide in the share price of his flagship company, Dangote Cement Plc. Dangote, who derives the …

The Presidency overspent its budget by some GHC75 million, the Auditor General’s report on the public account for 2021 has revealed. The office of the president, according to the report, was allocated some GHC 82,970,658 for expenditure on compensation for 2021. However, per the A-G’s audit, the office the president …

Some 19 judges of Ghana’s superior courts have been cited by the Auditor-General in his 2021 report submitted to parliament for purchasing state vehicles through irregular processes. Citing Regulation 158 of the Public Financial Management Regulations, 2019 (L.I. 2378), the report indicated that the purchases of vehicles were done without …

The Government of Ghana has rescinded its decision on the issuance of the 2-year cedi and 5-year cedi dominated bonds, a Joy Business report has said. According to the portal, the cancellation comes after bonds were initially issued back in May and March this year and were re-opened to both …

The Customs Staff Association (CSA) has waded into the controversy surrounding the investigation conducted by the Office of the Special Prosecutor (OSP) that implicates the Labianca Group of Companies and the Customs Division of the Ghana Revenue Authority (GRA) for engaging in corrupt practices. In a statement, the Association indicated …

The cost of travelling from the capital Accra to Kumasi in the Ashanti Region by air has crossed the GH¢600 mark, the highest one-way fare recorded on the route, Aviation Ghana reports. For several weeks now, an Accra-Kumasi one-way ticket on Africa World Airlines (AWA) and PassionAir has crossed the …

President Nana Addo Dankwa Akufo-Addo has been listed as the third highest-paid president in West Africa. According to a Business Insider report, Akufo-Addo is beaten to the top spot by his Ivorian and Liberian counterparts, Alassane Ouattara and George Manneh Weah respectively. The report which lists the 15 top-earning African …