Business

Bagbin blocks Minority walk out

It took the intervention of the Second Deputy Speaker of Parliament, Alban Bagbin, to convince the minority members to stay in the chamber on Saturday to approve the budget estimates of the Ministry of Regional Reorganisation and Development, after swearing to boycott the process. The ministry had been allocated GH¢122.9 million in the 2019 budget for its operations in 2019 ...

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Fuel prices to decline by 5.8 percent averagely this week

Prices of petroleum products are expected to decline this week following the stability of the cedi against the major international trading currencies and reduction of world prices of fuel. Mr Pius Enam Hadzide, a Deputy Minister of Information, addressing journalists in a news briefing, in Accra on Sunday, said the prices of petrol would drop averagely by 5.8 percent, diesel ...

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Amewu withdraws Ameri agreement; submits renegotiated deal

Government has officially withdrawn the controversial Ameri deal brought to Parliament by the sacked Energy Minister Boakye Agyarko. In its place is a new agreement which the current Energy Minister John Peter Amewu claims is an improvement on the initial agreement signed by the erstwhile NDC government in 2015. He would however not comment on whether this new deal is ...

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Ghana exports plantain to Burkina Faso, Togo and Benin

Ghana has begun the export of plantain to Burkina Faso and other countries in the West African sub-region. The bumper harvest of plantain, the number three food crop in Ghana, after yam and cassava, has resulted in the export of the produce from Agogo and its environs to Burkina Faso, Togo, Benin and Cote d’Ivoire. A visit by the Daily ...

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Accra traffic to ease following US$210m facility

Parliament has approved a US$210m facility that will help synchronise traffic flow and traffic information systems in the capital. The system will also provide real-time information to guide drivers on the status of traffic on the various roads, especially during peak hours. This was contained in a Finance Committee report on the fourth subsidiary agreement between government and China Development ...

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Food is cheap but transport fare is killing us – Traders

Some traders at the Mallam-Atta market in Accra have corroborated the position of the Agric. Minister to the effect that prices of food has become relatively cheaper in the country within the last two years. The Minister says the agricultural sector has been given a huge boost due to the implementation of the Planting for Food and Jobs programme by ...

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GRA goes after Churches for tax on anointing oil, stickers

The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has served notice about plans by his outfit to start prosecuting pastors who refuse to pay tax on sales from anointing oil, holy water and other items. The move comes on the heels of a huge debate over whether or not the sale of these items constitutes commercial activities ...

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Cabinet approves construction of 10 Coastal Fishing Harbours, Landing Sites

Parliament is expected to soon approve the construction of 10 Coastal Fishing Harbours and Landing Sites. This, according to the Information minister, Kojo Oppong Nkrumah, follows a recent Cabinet approval to the commercial and financial agreement for these projects. He told journalists at a bi-weekly briefing Wednesday, that Cabinet has recommended to Parliament for consideration and approval for work to ...

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