The government has said it has decided to absorb half of the interest rate charges on loans taken by companies venturing into the One District-One Factory programme. “The government will absorb 50 per cent of the interest rate on this 1D1F companies so that determining what is bankable will be done by the professionals. “When you have been appraised, you ...

An international agreement that will see Ghana and China trade in bauxite in exchange for cash worth US$2billion has received the approval of the Parliament of the West African nation amidst concerns from some Members from the Minority Caucus. This follows the adoption and approval of the report of the Finance Committee on the Master Project Support Agreement (MPSA) between ...

Parliament has passed the master project support agreement for a 2 billion dollar facility for the construction of priority projects by Chinese firm SynoHydro Corporation. The said facility would be in exchange for alumina processed from Bauxite deposits in the country as announced by Finance Minister, Ken Ofori Atta in the mid-year Budget Review. Mr Ofori-Atta said in the mid-year ...

A tranche of two billion dollars out of the 15 billion Ghana-China joint venture on Ghana’s bauxite reserves procured by the Akufo-Addo government under the aegis of Vice-President Dr. Mahamudu Bawumia has been approved by parliament today. The full joint venture will see Ghana leverage less than 5% of its 460 Billion bauxite reserves in a partnership with the Chinese ...

An Attorney General during the Mills administration, Betty Mould-Iddrisu has opened up about the actions of government on issues that caused public outrage. Betty Mould-Iddrisu admits the government sometimes acted erroneously and made mistakes in the manner it handled some issues that came up during her time as Attorney General under the Mills administration. Such errors, she was quick to ...

Matilda Amissah-Arthur filing past, John Dramani Mahama shedding tears at the funeral and President Akufo-Addo filing past the body of Amissah-Arthur Wife of departed former Vice President Paa Kwesi Bekoe Amissah-Arthur yesterday exploded when she launched scathing attack on her husband’s enemies who pretended to be friends. A tribute delivered by Matilda Amissah-Arthur to pay her last respects to her departed husband at ...

If Parliament decides to merely suspend, Mr Kennedy Ohene Agyapong, the Assin Central Member of Parliament after finding him guilty of contempt, it would be like “just asking a truant student not to come to school,” Odekro, a Parliamentary research group has observed. According to Odekro, Parliament would not have meted out enough punitive measure against Mr Kennedy Agyapong if ...

The outgoing US Ambassador to Ghana, Robert P. Jackson, has stated that nothing untoward has happened in Ghana nearly four months after the opposition National Democratic Congress (NDC) went berserk and claimed that the Akufo-Addo administration was scheming to allow the US Government to establish a military base in the country. Addressing the media on Tuesday to highlight the key ...

The outgoing US Ambassador to Ghana, Robert P. Jackson, has stated that nothing untoward has happened in Ghana nearly four months after the opposition National Democratic Congress (NDC) went berserk and claimed that the Akufo-Addo administration was scheming to allow the US Government to establish a military base in the country. Addressing the media on Tuesday to highlight the key ...

The Privileges Committee of Parliament has established contempt of Parliament against Mr Kennedy Ohene Agyapong, the MP for Assin Central, and recommended that he should be suspended for the rest of the current Session or be reprimanded. “The Committee has carefully considered the matter in the light of the totality of the evidence gathered and in accordance with the provisions ...