Business

EU envoy lauds ‘Ghana Beyond Aid’ initiative

European Union Ambassador to Ghana Diana Acconcia says the EU is shifting away from the ‘donor-receiver’ kind of relationship with Africa to a partnership kind of relationship. The EU Ambassador disclosed this while presenting her letter of credence to President Nana Addo Dankwa Akufo-Addo at the Jubilee House in Accra on Tuesday. She expressed confidence in the President’s ‘Ghana Beyond ...

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Amewu ‘brags’ over $50m savings in renegotiated Ameri deal

Energy Minister John Peter Amewu is claiming the government has saved $50 million in yet another renegotiated AMERI deal. It will be the second renegotiation of a highly controversial power deal by the government after the first was heavily criticized. Amewu told Evans Mensah on PM Express, a current affairs programme, on Joy News, Monday evening, that government has concluded ...

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Every district will have a factory by 2020 – National Coordinator

The National Coordinator of the One-District-One Factory policy initiative, Hon. Gifty Ohene Konadu, has assured Ghanaians that every district will have its own factory by the end of 2020. She noted some districts will even have more factories than others depending on the raw material potentials they have. Corroborating her claim, she indicated for instance that the Nsawam Adoagyiri District ...

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Bidding for oil blocks must be transpent and efficient – President Akufo-Addo

The President of the Republic, Nana Addo Akufo-Addo, has charged the Ministry of Energy, the Petroleum Commission, Ghana National Petroleum Corporation (GNPC) and the Licensing Rounds Committee to co-operate and ensure that activities under the maiden oil and gas licensing round are carried out in a transparent and efficient manner. Speaking at the launch of the “Ghana Oil and Gas ...

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Ghana’s public sector to be more efficient – Thomas Kusi Boafo

Ghana’s public sector has over the years suffered incompetence, absenteeism, corruption and lateness coupled with unsatisfactory service delivery against the robust public sector inherited after independence. Mr Thomas Kusi Boafo, the Chief Executive of the Public Sector Reforms said this at a day’s mini sensitization launch in Takoradi, under the theme “delivering for Citizens and Private Sector”. According to him ...

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Indiscipline affecting quality of work by Ghanaian professionals – Auditor General

The Auditor General, Daniel Domelevo has bemoaned what he calls the decline in the quality of work undertaken by all kinds of Ghanaian professionals. According to him, the standards in professions such as accounting, auditing, engineering and vocations such as tailoring and dressmaking have fallen low to the extent that Ghanaians prefer the services of expatriate professional workers. Speaking at ...

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Panic withdrawals giving me sleepless nights – Nduom

The Founder of Groupe Nduom has appealed to customers of his bank, GN Bank to cease panic withdrawals that have hit the bank in recent times. Dr. Papa Kwesi Nduom noted that his bank is financially sound and the panic withdrawals would rather affect the bank. He told traders at the car parts retail market at Abosey Okai in Accra ...

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Cocoa Marketing MD accuses Ato Forson of ‘conjuring’ figures on cocoa prices

Managing Director of the Cocoa Marketing Company, Joe Forson, has rubbished the Minority’s claims that government is shortchanging cocoa farmers by deciding to maintain the producer price of cocoa for the 2018/2019 crop season. The Minority has accused government of being insensitive to the plight of cocoa farmers, after it maintained the producer price of cocoa at GH¢7,600 per tonne, ...

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