Business

We’ve withheld GH¢480 million in pensions from over 19,000 ‘ghost names’ – SSNIT

SNNIT logo The Social Security and National Insurance Trust (SSNIT) says it has withheld an amount of ¢480 million through its efforts to rid the scheme of ghost names. According to SSNIT, a total of 19,100 names have been identified as ghost names, and the amount spans from 2018 to November 2023. The Director-General of SSNIT, Dr. John Ofori-Tenkorang, revealed ...

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Samira Bawumia commissions ultramodern Bonwire Kente Museum

Regional News of Thursday, 11 January 2024 Source: otecfmghana.com A picture of Samira Bwumia, Afua Asantewaa and Serwaa Amihere at the event The Second Lady of Ghana, Samira Bawumia has officially commissioned the ultramodern Bonwire Kente Museum in the Ejisu Municipality of the Ashanti Region with a pledge to promote tourism in the country. Commissioning the much-anticipated museum on Wednesday, January 10, 2024, Samira ...

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Public sector workers running away from mandatory Ghana Card registratio

Business News of Wednesday, 30 August 2023 Source: peacefmonline.com File photo As part of the strategy to eliminate ghost workers from the public sector payroll, the Controller and Account General has asked all public sector workers to enrol for the Ghanacard. To make this possible, the National Identification has dedicated a 10-day period for the registration of only public sector workers. ...

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Ghana receives draft term sheet from bilateral creditors to unlock $600 million IMF loan

Business News of Thursday, 11 January 2024 Source: bloomberg.com The International Monetary Fund (IMF) Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African nation, Finance Minister Ken Ofori-Atta said. The term sheet from the Paris Club Group of creditors and new ...

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We are ‘optimistic’ Ghana will clinch deal with bilateral creditors – IMF

We are ‘optimistic’ Ghana will clinch deal with bilateral creditors – IMF The International Monetary Fund (IMF) Wed, 10 Jan 2024Source: www.ghanaweb.com The International Monetary Fund has expressed confidence that Ghana and its official bilateral creditors will reach an agreement on the terms of a debt swap, a Reuters report has said. The agreement is crucial towards paving the way for Ghana to ...

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GRA to go after accounts of foreign nationals over non-payment of taxes worth GH¢1.6 billion

Business News of Tuesday, 2 January 2024 Source: www.ghanaweb.com GRA logo The Commissioner-General of the Ghana Revenue Authority (GRA) has disclosed that his outfit is going after the accounts of Ghanaians living abroad over non-payment of taxes. According to him, the GRA carried out some checks on 70,000 accounts of Ghanaians living in 40 countries and discovered monies worth GH¢2.8 billion. ...

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Second tranche of IMF loan will help stabilize exchange rate – Prof Quartey

General News of Monday, 1 January 2024 Source: www.ghanaweb.com File photo The Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter Quartey, has expressed confidence in the country’s ability to secure a deal with bilateral creditors by February. According to him, this will help the exchange rate stabilize. “For us to get the second tranche [funds], it ...

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Ghana is not completely out of the woods – Akufo-Addo admits in New Year message

Business News of Monday, 1 January 2024 Source: www.ghanaweb.com President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has spoken about the economy in his first message of the year 2024. In a message posted in the early hours of the New Year, Akufo-Addo related to the economic struggles that the country has faced in the last two years. According ...

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Review emission levy bill – GPRTU petitions parliament

Business News of Monday, 1 January 2024 Source: www.ghanaweb.com GPRTU petitions parliament over Emission Levy Bill The Ghana Private Road Transport Union (GPRTU) has made it public that it has petition the legislative body, Parliament to reconsider the Emission Levy Bill set to be rolled out in 2024. The bill, approved by Parliament would ensure the imposition of a yearly charge ...

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