The Noguchi Memorial Institute for Medical Research of the University of Ghana is currently testing the efficacy of a COVID-19 Polymerase Chain Reaction (PCR) Detection Kit, to be used for testing in-bound international passengers when the airport is re-opened next month. An efficient and reliable COVID-19 PCR Detection Kit is key to any plans of re-opening the country’s airport for international travel, following the ...

Following the successful implementation of Mobile Money Payment Interoperability by the Akufo-Addo government, about fifteen (15) million Ghanaians essentially have bank accounts, Vice PresidentDr. Mahamudu Bawumia has said. Addressing youth wing of the governing New Patriotic Party in Accra on Wednesday August 12, 2020, Vice President Bawumia explained that with the triangular feature which mobile money payments interoperability allows; that ...

Vice President Dr Mahamudu Bawumia has said that a lot of Ghanaians still do not understand what he meant by every Ghanaian will have a bank account. He said most people thought he was talking about traditional bank accounts but that was not the case. On Tuesday, August 11, the Member of Parliament for Ningo Prampram Constituency, Samuel Nartey George, ...

Aviation Minister, Joseph Kofi Adda, has written to the Ghana Civil Aviation Authority (GCAA) announcing his decision to revoke a directive banning the clearing of goods that arrive at the ports without cargo manifest and air waybills. According to the Minister, the decision to ban such cargoes should be done in consultation with key stakeholders in the sector, especially when ...

The National Insurance Commission (NIC) together with the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, will soon commence a nationwide exercise to enforce the Motor Insurance Database (MID) introduced by the NIC in January 2020. A joint task force will be on the road to inspect motor insurance, to reduce the number of uninsured vehicles on ...

The Customs division of the Ghana Revenue Authority has emphasized that from the 1st of November, 2020 it will commence the enforcement of the law that bans the importation of Salvaged vehicles into Ghana barring any unanticipated circumstances and if all provisions stipulated in the law are fulfilled. Speaking on Eye on Port, the state agency mandated to supervise imports ...

A Deputy Finance Minister, Charles Adu Boahen, has said a big chunk of depositors locked-up funds during the banking sector clean-up have been settled. He said at least 96% of persons whose monies were locked-up in the collapsed banks and saving and loans companies have received their deposits. Mr Charles Adu Boahen disclosed that 20% of the funds were paid ...

Ghana’s public debt stock has hit GH¢255,727.1 million (US$45,486.1 million), Finance Minister Ken Ofori-Atta has told Parliament in his 2020 mid-year budget review on Thursday, 23 July 2020. “Mr Speaker, consistent with the front-loading of the government’s fiscal operations, the financing needs of the government were also front-loaded. As earlier stated, the COVID-19 pandemic has resulted in the tightening of ...

Finance Minister Ken Ofori-Atta has revealed that government is set to launch a GH¢100 billion development program. Mr Ofori-Atta said this while delivering the 2020 mid-year budget review on the floor of parliament Thursday afternoon. He said the GH¢100 billion program is to revitalise the economy due to the impact of COVID-19. According to the Finance Minister, although the pandemic ...

The Finance Minister, Ken Ofori-Atta today presented the mid-year budget for 2020 to Parliament. Mr. Ofori-Atta’s appearance in parliament is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). The budget reading is to give an overview of the macroeconomic development of government over the past 6 months and that for the rest of the ...