Business News of Thursday, 18 January 2024 Source: thebftonline.com Secondhand clothing As the country grapples with a severe environmental crisis due to the hazardous consequences of secondhand clothing waste, a levy has been proposed to better manage the situation. Across every part of the country, once-vibrant landscapes and communities are now under siege as pollution from discarded garments takes a torturous ...
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Ghana will reengage bondholders next week – Ken Ofori-Atta
Business News of Wednesday, 17 January 2024 Source: Reuters Ken Ofori-Atta Ghana will reengage with its international bondholders from next week, finance minister Ken Ofori-Atta told Reuters on Monday, as the country seeks to build on the momentum of a deal last week to restructure $5.4 billion of official creditor debt. The West African country will seek to continue discussions after ...
Read More »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 ...
Read More »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 ...
Read More »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. ...
Read More »Access is paramount in enforcing ‘no Ghana card, no salary’ policy –Analyst
Business News of Thursday, 11 January 2024 Source: GNA Govt to implement Mr Bernard Anaba, a Policy Analyst has asked government to ensure a high rate of access of the National Identification Card (Ghana card) by public sector workers to ensure a smooth implementation of the ‘no Ghana card, no salary’ policy. “If you want to apply such a measure, then ...
Read More »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 ...
Read More »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 ...
Read More »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. ...
Read More »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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