The Minister of Railway Development, Joe Ghartey has debunked assertions that the country’s current town planning system would not support modern sky train infrastructure. He said experts are of the view that sky train infrastructure is the most economical and easiest compared to other rail transport infrastructure. “The thing [is] that, inside the city of Accra, it will be difficult ...

Officials of the Economic and Organised Crime Office (EOCO) will by the close of today January 30, 2019 visit the homes of Zylofon Media signed artistes including Stonebwoy and Shatta Wale to recover some properties of Nana Appiah Mensah popularly known as NAM 1, MyNewsGh.com has gathered. Our sources say officials of EOCO in the company of armed policemen will ...

Data from the Bank of Ghana (BoG) shows that the public debt stock rose from GHC139.3 billion in November 2017 to GHC172.9 billion in November last year. This represents a 24.1 per cent growth within the 12-month period. In nominal terms, it shows that the country added GHC33.6 billion to the debt stock within the period. As a per cent ...

Government has signed an agreement with the United Nations Office for Project Services (UNOPS) for the construction of at least 100,000 affordable homes across the country. As part of the agreement, UNOPS and its partners are looking to attract US$436 million worth of investment to deliver the affordable homes. According to a press statement issued by UNOPS, the agreement is ...

National Executive Council of the Maritime and Dockworkers’ Union (MDU) has said the concession granted Meridian Port Services (MPS) to construct a new Container Terminal in the Tema Port did not follow due process. The Council is of the opinion that as a result of unwarranted political interference, the concession agreement did not go through competitive bidding before it was ...

The Data Protection Commission has announced its participation in the Global Data Protection Week from January 28 to February 1. The event, under the theme “A New Chapter in Enforcing Accountability and Empowering Data Subjects,” comes along with national activities scheduled throughout the week. In a press release, the DPC explained, “personal data in the wrong hands can cause great ...

The country’s total debt stock has significantly increased by ¢2.9 billion in two months to reach ¢172.9 billion ending November 2018. The Data from the Central Bank showed that the new debt stock represents 57.9 per cent of the total value of Ghana’s economy otherwise referred to as Debt-to-GDP Ratio by economists. This could mean that country might have built ...

The country’s quest to be a leading tourist destination in the West Africa sub-region faces an enormous challenge as tourism operators are saddled with at least 21 taxes – which are ultimately passed on to consumers, a Parliamentary report has revealed. According to the report, a typical hotelier has to comply with fees coming from the Environmental Protection Agency, Food ...

The Ghana Revenue Authority (GRA) is gearing up to raise taxes from professional service activities in a bid to meet its tax targets. Government has set a tax revenue target of GHc58.9 billion in the 2019 budget, which is about 25.9 percent higher than the GHc46.8 billion targeted in the 2018 budget. Domestic revenue estimated at GHc57.8 billion is expected ...

The Ministries of Business Development and Local Government and Rural Development intend to spearhead a project that seeks to attract Ghanaians in the diaspora to invest in various sectors of the economy. Importantly, the initiative will deliberately seek to attract such investments into the country’s hinterlands in an effort to achieve spatial diversification in an economy where more 90 percent ...