Business

Government urged to amend Petroleum Revenue Management Act

Editor - July 19, 2023

The Ghana Extractive Industries Transparency Initiative (GHEITI) has urged the government to amend the Petroleum Revenue Management Act (PRMA) to avoid institutional overlap on the collection of surface rentals on onshore oil exploration. GHEITI, in a report copied to the...

Business

INVEST launches “So Me Mu” mentorship program to empower women in male-dominated fields.

Editor - July 19, 2023

The World University Service of Canada (WUSC), through the Innovation in Non-Traditional Vocational Education and Skills Training (INVEST), launches the “So Me Mu Mentorship Program. The “So Me Mu” Mentorship Program seeks to match young women participating in male-dominated TVET...

Africa

DRC: UAE signs $1.9 billion deal with state-owned mining company

Editor - July 19, 2023

The United Arab Emirates have signed a $1.9 billion deal with a state-owned mining company in the Democratic Republic of Congo, the Congolese president said on Monday. President Félix Tshisekedi announced Monday evening that a government delegation from the UAE had...

Business

Tunisia, EU sign ‘strategic’ deal on economy, migration

Editor - July 19, 2023

The European Union and Tunisia signed a "strategic partnership" in Tunis on Sunday, focusing on the fight against illegal immigration, but also designed to support the North African country in the face of serious economic difficulties. The President of the...

Business

Mid-year budget review: Government asked to make provision for Keta Port

Editor - July 18, 2023

Mrs. Enyonam Apetorgbor, Chief Executive Officer, Keta Investment Promotion Centre (KIPC), has called on the government to make provision for the proposed Keta Port in its mid-year budget review to be presented to Parliament. Mr. Ken Ofori-Atta, Minister of Finance,...

Business

Winners Cooperative Credit Union records financial growth

Editor - July 18, 2023

The Winners Cooperative Credit Union Limited (WINCCU), a leading financial credit union in Volta and beyond, has registered over 218. 22 per cent rise in membership data for the year 2022 under review. The figures saw a total of 14,...

Business

Volta fishers praise government for support during closed season

Editor - July 17, 2023

Fisherfolk in the Volta region have expressed gratitude to government for providing them with some relief items to cushion them as they observed this year’s closed fishing season. The Ministry of Fisheries and Aquaculture Development (MoFAD) following a plea from...

Business

The World Bank Accepts to Help Ghana Avoid a Power Crisis

Editor - July 17, 2023

The World Bank Group has pledged to support Ghana to prevent a dire energy crisis that could hamstring the economy. Anna Bjerde, the World Bank Group’s managing director for Operations, made this pledge at a press briefing held Friday in...

Business

Bank of Ghana gold reserve increases

Editor - July 17, 2023

Dr Ernest Addison, Governor of Bank of Ghana (BoG), has announced that the central bank has seen an increase in its gold reserves this year. He said by June 30, the BoG had added more than 7.70 tonnes of monetary...

Business

‘Strategists don’t go to IMF’ – Kennedy Agyapong slams NPP strategist for currency depreciation

Editor - July 17, 2023

Mr. Kennedy Ohene Agyapong, a prominent member of the New Patriotic Party (NPP) vying for the party's flagbearer position, has voiced his discontent with the government's handling of the local currency. During his campaign tour in Kintampo East on July...

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