The much Anticipated SHE POWER Summit was held at Knustford University on 7th August,2022. The summit held to give women more insight on their living through empowerment, was organized by SMIVIC Communication limited to motivate and empower women to promote National development. Due to the company’s exposure to the plight …
Read More »GRA Shuts Down Four Branches Of Palace Mall In Accra
Officials of the Ghana Revenue Authority (GRA) have shut down four branches of the Palace Mall. The closure occurred on Tuesday, October 11, 2022. The affected branches are; Labone, Spintex, Atomic roundabout and Weija. They were closed for non-compliance with the Authority’s E-VAT Invoicing system. According to …
Read More »Akufo-Addo Appoints Patrick Nyarko As Deputy CEO Of PHDC
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has appointed Patrick Nyarko as the deputy chief executive officer in charge of finance and administration for the Petroleum Hub Development Corporation (PHDC), in line with Section 16(1) of the legislation that established the PHDC, Act 1053. According to the letter …
Read More »Ghana Ranks 1st With Highest Food Price In Sub-Saharan Africa – World Bank Report
Ghana is ranked 1st by the World Bank with the highest food prices in Sub-Saharan Africa in 2022. According to the Bretton Wood institution’s October 2022 Africa Pulse Report, food prices have since January 1, 2022, gone up by 122%. Since the start of 2022, food prices have increased sharply …
Read More »Nabco Trainees Welcome YouStart Programme
The National President of NABCO Trainees Association of Ghana (NABTAG), Dennis Opoku Katakyie has assured the CEO for the NEIP initiative, Mr. Kofi Ofosu Nkansah that provided the YouStart initiative will be productively deployed, together with their national executives, they will support the process by playing a key advocacy role …
Read More »Vehicles Auctioning Goes Online From October 21
The Ghana Revenue Authority (GRA) announces for the information of the general public that it will from Friday, October 21, 2022, begin the auctioning of vehicles on an online platform. This move, according to the GRA is to eliminate corruption associated with auctioning of goods at the ports. GRA said …
Read More »Oti Region: Iron Ore Discovered In Five Districts
The Oti Regional Minister, Joshua G. Makuba has revealed that iron ore has been discovered in the Region. Addressing the media on Sunday, he said the discovery of iron ore will transform the country’s economy. “I want to advise people in Accra to start looking for land in the Oti …
Read More »Ghana’s Cedi Breaks ¢11 Mark; Forex Bureaus Sell A Dollar For ¢11.2
The Ghana cedi has hit the ¢11 mark as some forex bureaus in parts of Accra are selling a dollar at an average of ¢11.2 on Saturday, October 8, 2022. Checks by Joy Business indicate that the demand for the dollar keeps surging, as there is virtually little dollar in …
Read More »Ghana Gas CEO Clears Himself Before Parliament Over GNPC-Genser Deal
It has been confirmed that the Chief Executive Officer (CEO) of the Ghana National Gas Company (GNGC), was sidestepped in the US$2 billion deal between the Ghana National Petroleum Corporation (GNPC) and the Genser Energy Ghana Limited. The Herald’s findings, had established that Dr Ben K. D. Asante, had nothing …
Read More »BoG Hikes Policy Rate To 24.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Policy Rate by 250 basis point to 24.5%. This is the highest policy rate increase since 2017. The rate hike means it will become more expensive to borrow from the banks, a situation that will push …
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