Saturday, November 23, 2024

Finance

ECG paid more than GH¢182m to Cenit Energy in 2018

GNA - The Electricity Company of Ghana (ECG) has paid a whopping amount of GH¢182,576,235.15 to Cenit Energy as capacity charges for electricity not supplied for 12 months in 2018. However, Cenit supplied only 300.00kWh and 2,220,900.00kWh in August and...

Let’s invest more in customer education to curb mobile money fraud – Eli Hini

GNA - Mr Eli Hini, Chief Executive Officer of Mobile Money Limited, a subsidiary of MTN Ghana, has advised stakeholders in the digital financial ecosystem to allocate more resources towards customer education to eradicate mobile money fraud. He said education...

US$4.15 million recovered out of US$11,794,109 indicated as loss – SSNIT

GNA - The Social Security and National Insurance Trust (SSNIT) says that, of the US$11,794,109 indicated as loss through the liquidation of three companies, US$4. 15 million has been recovered. It said efforts were still ongoing to make further recoveries of...

Internal Audit Agency awards Tema Metropolitan Assembly

GNA - The Internal Audit Agency, at the Office of Government Machinery on Thursday awarded the Tema Metropolitan Assembly as the ‘’best head of covered entity that supports internal Audit Unit” MMDA/RCC Category. The citation of the award, which was...

Year-on-Year July 2021 inflation inches up at 9.0 per cent

GNA - The Year-on-year inflation rate for July stood at 9.0 per cent compared to 7.8 per cent in June, the Government Statistician Professor Samuel Kobina Annim said on Wednesday. Speaking at a press briefing in Accra, Prof Annim said...

Finance Minister inaugurates boards of three institutions

GNA - Government is supporting the Ghana Revenue Authority in implementing a transformation agenda to block the huge leakages in key sectors of the economy, Mr Ken Ofori-Atta, the Minister of Finance, has said. The agenda, the Minister said, was...

Government to present 2021 Mid-year budget Review on Thursday

GNA - The Government, through the Ministry of Finance, will present the 2021 Mid-year review to Parliament in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). Under the Act, the Minister for Finance is expected...

GCB Bank presents GH¢14.15 million dividend to government

GNA - The GCB Bank Ltd has presented a cheque for GH¢14.152 million to the government as final dividend, following a sterling performance for the 2020 financial year. The amount represents an increase of 25 percent compared to the GH¢11.321...

Four per cent salary increment, a betrayal of workers

Mr Samuel Alagkora Akolgo, the First Vice President of the Ghana Registered Nurses and Midwives Association (GRNMA), says the four per cent salary increment for public sector workers is dishonest and a betrayal. He said even though Labour was not...

First Lady rejects emolument; to refund allowances received

GNA - First Lady Mrs Rebecca Akufo-Addo has decided not to accept any monies that have been allocated to be paid to her pursuant to the recommendations of the Ntiamoa-Baidu Committee, as approved by Parliament. She said she was doing...
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Next NPP gov’t to establish Hall of Fame in all regions, Tourism Minister reveals.

If given another mandate at this year’s general election, the next New Patriotic Party (NPP) government will establish Creative...
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