Business News of Monday, 29 August 2022 The 2021 Auditor General’s report has disclosed that the state lost some GH¢1,080,913,824 to various irregularities at the Ministries Departments and Agencies. This figure, is however, a significant drop in the GHc 2,053,176,449 recorded in 2020. The irregularities according the to report “represent either losses that had been incurred by the State through ...

Business News of Monday, 29 August 2022 Ofori-Atta holds ‘constructive’ meeting with IMF boss in the US Finance Minister Ken Ofori-Atta travelled to the United States this week for routine medical checkup. Whiles in the States, he has met with Managing Director of the International Monetary Fund, Kristalina Georgieva, with talks centered around Ghana’s economic challenges. The IMF boss posted ...

The Public Utilities and Regulatory Commission (PURC) on Monday, August 15, 2022 announced an increment in electricity and water tariffs. Electricity tariff was increased by 27.15% whiles water tariff was pegged at 21.55%. According to PURC, these new tariffs will take effect from Thursday, September 1, 2022. GhanaWeb Business in this article breaks down the tariff increment and how much consumers ...

  The Bank of Ghana Headquarter The Bank of Ghana in collaboration with the Economic and Organised Crime Office is set to go after some 17 resolved financial institutions over untraceable investments amounting to GH¢116.7 million. According to a document released by the central bank, it has identified placements that were made by some Specialized Deposit-Taking Institutions (SDIs) and other investment companies ...

Corruption Police officers top list of bribe takers in Ghana 17.4 million bribes were paid to public officials in 2021 25.9% of respondents have had contact with public officials in 2021 A report on corruption and bribery in Ghana has disclosed that more than 17.4 million bribes were paid to public officials in 2021. The maiden national survey, titled: “Corruption ...

Over 15.7 million Ghana cards issued so far, NIA boss It’s a criminal offense to have a double-registered Ghana card, NIA boss 808,493 cards have been printed but not issued, NIA boss The Executive Secretary of the National Identification Authority (NIA), Prof. Kenneth Agyemang Attafuah, has revealed why some Ghanaians are yet to receive their Ghana cards despite them being ...

President Nana Addo Dankwa Akufo-Addo says all countries around the world are working to return themselves to a state of normalcy following the devastating impact of the pandemic of COVID-19, whose effects have been exacerbated by the Russian invasion of Ukraine. According to President Akufo-Addo, “Economies have been plunged into recessions, businesses have collapsed, and lives and livelihoods have been ...

General News of Tuesday, 5 July 2022 Source: www.ghanaweb.com Finance Minister Ken Ofori-Atta Government approves E-Levy E-Levy fails to meet target after two months of implementation Ghanaians call for cancellation of E-Levy after govt approached IMF for bailout The Ministry of Finance has said the approval of a requested bailout from the International Monetary Fund will not lead to a cessation of the Electronic Transfers ...

The International Monetary Fund Ghana to commence formal talks with IMF for economic bailout Ghana’s bonds trading at distress levels in more than six weeks Investors signal optimism in government’s decision to engage IMF Ghana’s dollar bonds recorded some extended gains for a second day due to increasing investor optimism in government’s decision to seek an economic programme from the International ...

Business News of Tuesday, 5 July 2022 Source: www.ghanaweb.com The International Monetary Fund Ghana to hold talks with IMF for economic programme IMF team arrive in Ghana on July 5 President Akufo-Addo to address nation on IMF engagements The Government of Ghana is targeting about US$3 billion from the International Monetary Fund under an economic support programme. This was contained in a document ...