Business

Nsawam-Accra railway ready by end of January – Richard Dombo

The Accra-Nsawam train service will be ready and working by the end of January 2019. That’s according to the Chief Executive Officer of the Ghana Railway Development Authority, Richard Dombo. Speaking on the Citi Breakfast Show, he said after all the test runs are done on the railway line, the trains will be up and running. “We are looking at ...

Read More »

Chinese galamsey queen deported

Myjoyonline.com is learning that galamsey queen, Aisha Huang, has been deported from Ghana. Aisha Huang was deported shortly before 2pm Wednesday, via an Ethiopian Airways flight after the government said she had been living in Ghana with forged travel documents. Her deportation means the state discontinued the trial against the Chinese who had been charged with undertaking small-scale mining operations, ...

Read More »

We’ll not resort to reckless borrowing – Akufo-Addo to IMF

President Nana Addo Dankwa Akufo-Addo on Monday assured the International Monetary Fund (IMF) that Ghana would not engage in reckless borrowing and economic indiscipline that created the situation where the country had to resort to a bail out from the fund in the past. He said the government would continue with the prudent economic management, adding that a fiscal rule ...

Read More »

All validated small scale mining companies and groups cleared to begin mining operations in the country have been given up to Friday, March 29, 2019 to have insurance policy. Again, they are required to have tax identification number (TIN) and secure social security for all their employees by the set date. The directive from government forms part of the requirements ...

Read More »

IMF warns government against over borrowing

Managing Director of the IMF, Christine Lagarde has warned government against excess borrowing, stating that it could derail economic gains achieved by the country. Madam Largarde is in the country for a two-day visit to complete processes for Ghana’s exiting of the programme with the IMF. Speaking at a conference organized by her outfit in Accra, the IMF boss said ...

Read More »

Bagbin blocks Minority walk out

It took the intervention of the Second Deputy Speaker of Parliament, Alban Bagbin, to convince the minority members to stay in the chamber on Saturday to approve the budget estimates of the Ministry of Regional Reorganisation and Development, after swearing to boycott the process. The ministry had been allocated GH¢122.9 million in the 2019 budget for its operations in 2019 ...

Read More »

Fuel prices to decline by 5.8 percent averagely this week

Prices of petroleum products are expected to decline this week following the stability of the cedi against the major international trading currencies and reduction of world prices of fuel. Mr Pius Enam Hadzide, a Deputy Minister of Information, addressing journalists in a news briefing, in Accra on Sunday, said the prices of petrol would drop averagely by 5.8 percent, diesel ...

Read More »

Amewu withdraws Ameri agreement; submits renegotiated deal

Government has officially withdrawn the controversial Ameri deal brought to Parliament by the sacked Energy Minister Boakye Agyarko. In its place is a new agreement which the current Energy Minister John Peter Amewu claims is an improvement on the initial agreement signed by the erstwhile NDC government in 2015. He would however not comment on whether this new deal is ...

Read More »

Ghana exports plantain to Burkina Faso, Togo and Benin

Ghana has begun the export of plantain to Burkina Faso and other countries in the West African sub-region. The bumper harvest of plantain, the number three food crop in Ghana, after yam and cassava, has resulted in the export of the produce from Agogo and its environs to Burkina Faso, Togo, Benin and Cote d’Ivoire. A visit by the Daily ...

Read More »