The Communications ministry has reiterated its position that Ghana’s broadcasting space is not being handed over to Chinese firm StarTimes as is being perceived by some Ghanaians. “The ministry wishes to state emphatically that it has in no way committed to and does not intend to hand over the management of the DTT infrastructure platform to any third party. The ...

Government has terminated eleven out of the thirty Power Purchasing Agreements (PPAs) signed by the Electricity Company of Ghana(ECG) during the previous administration. This follows a recommendation by a review committee led by the Energy Commission, which was constituted by the Ministry of Energy to review all the PPAs signed by ECG. Aside the cancellation, the Committee also recommended that ...

The World Bank has approved a $30 million International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the gesture, the World Bank Country Director for Ghana, Henry Kerali ...

Procurement irregularities amounting to a whopping US$137,861,127.15 have been uncovered at Ghana National Gas Company during the erstwhile administration of John Mahama. A forensic audit conducted by Morrison and Associates has detected that helicopters purchased from China National Aero Technology Import and Export Corporation (CATIC) by Ghana Gas “have never been used for purpose of its purchase.” According to the ...

Former Deputy Chief of Staff under the erstwhile John Mahama administration, Madam Valerie Sawyerr has said she is ready to be ‘shackled’ over a forensic audit that allegedly implicated her as a board member of Ghana Gas. “Your Excellency, President Nana Addo Dankwa Akufo-Addo, my name is Valerie Sawyerr, and my wrists are ready for your shackles!!!” Read the long ...

Private legal practitioner Edudzi Tamakloe has described as façade the forensic audit report on the Ghana National Gas Company. According to him, the forensic audit which uncovered a whopping US$137,861,127.15 in procurement breaches at the company under the Mahama administration is nothing but a smokescreen to divert attention from the litany of corruption scandals that has rocked the government. “At ...

The Minister in charge of Parliamentary Affairs, Hon. Osei-Kyei Mensah Bonsu has acknowledged the concerns of Ghanaians on the rising cost of living are very valid and has pleaded with the public to be patient as the government is working hard to meet their expectations. The Institute for Energy Security’s (IES) projected fuel price of Gh5 per litre came to ...

Netherlands Ambassador to Ghana, Ronald Strikker has backed the agricultural sector as the engine of the country thus admonishing the financial sector to serve it in order for the economy to thrive. Speaking at the launch of Hortifresh; an agriculture-based programme aimed at establishing a sustainable and internationally competitive fruit and vegetable sector that contributes to inclusive economic growth, food ...

The Volta Aluminium Company (VALCO) and Akosombo Textiles Limited (ATL) are back in operation following government’s intervention, Vice-President Dr. Mahamudu Bawumia has revealed. He said through the provision of incentives to both local and foreign industries, the two well-known industries which had shut-down because of high production cost, have been revived – with many other dormant industries also at various ...

President Nana Addo Dankwa Akufo-Addo is hopeful that the new GH¢20million Sweet Potato Processing Factory under construction will transform rural communities in and around Gomoa Bewadze in the Gomoa West district of the Central Region. The factory, to be operated by CASA de ROPA Limited – a wholly-owned Ghanaian private agribusiness company financed by the Ghana Export-Import (EXIM) Bank – ...