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Breaking News

Ghana Gas connects pipeline to Aboadze power enclave

The Ghana National Gas Company (Ghana Gas) has successfully completed the tie-in of its 11-km gas pipeline from Atuabo to the West African Gas Pipeline at the Aboadze power enclave in the Shama District in the Western Region. The project, which was completed ahead of schedule and within cost, is expected to pave the way for more reliable energy supply ...

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Govt announces May 15 to June 15 as closed season for fishing

Government has announced May 15 to June 15, 2019 as dates for the ban on fishing in the country. Dubbed “closed season”, the ban is aimed at saving some species of fishes such as mackerel and anchovies which are going into extinction due to poor fishing practices. Announcing the new dates at a press conference in Accra on Wednesday, the ...

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Forestry Commission,VRA sign Agreement to plant Bamboo along Volta Lake

Mr Ebenezer Allotey(left) and Mr John Allotey exchanging the MoU

The Forestry Commission and the Volta River Authority have signed a Memorandum of Understanding intended to plant bamboo to protect the Volta Lake. The two agencies have agreed to collaborate by pooling their resources to protect the Volta Lake which houses the Akosombo Dam with bamboo plantations for effective power generation. The project dubbed, ‘Bamboo for the Protection of the ...

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2018 Africa Visa Openness Report: Ghana ranked 7th in Africa

Ghana has been ranked seventh in Africa for being more open to other African countries in terms ofopening up its borders for other African travellers when it comes to visa policies. The country moved from the 22nd position in 2015 to sixth in 2016 and now occupies the seventh position as at 2018. This is according to the 2018 Africa ...

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We won’t tolerate lip service after vigilantism dialogue – NCCE

Josephine Nkrumah

The National Commission for Civic Education (NCCE), says it is hopeful that the impending dialogue between the governing New Patriotic Party (NPP) and opposition National Democratic Congress (NDC), on finding ways to rid the political system of vigilante groups will be fruitful. Since President Akufo-Addo called for the meeting, the two major political parties have been going back and forth ...

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Global investment giants to converge in Kumasi as part of Otumfuo’s 20th Anniversary

Otumfuo Osei Tutu II

The World-Meets-In-Ghana Investors’ Forum and Executive Dinner Ball is billed to take place in Kumasi, the Ashanti Regional capital, as part of the official programme of the 20th-anniversary celebration of the coronation of the King of Ashanti Kingdom, Otumfuo Osei Tutu II. The Manhyia Palace, which is the seat of the Asantehene, Ministry of Business Development, Ministry of Aviation, Ghana Investment ...

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Digital pensions market needs to be more attractive – Fintechs to Regulator

Mr. Romeo Bugyei, CEO IT Consortium

Financial technology firms (fintechs) are best positioned to bridge the gap that would make pensions available to the informal sector. However delivery cost has been a major impediment to undertaken such initiative. In 2018, Ghana’s mobile market comprised about 34.57 million subscribers translating to a penetration rate of 119 percent. In this light, Fintechs in Ghana have called on regulatory bodies ...

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Bank Of Ghana To Introduce Upgraded Ghana Cedi Notes

The Bank of Ghana will issue upgraded and security-enhanced banknotes into circulation on May 6, 2019. According to a statement issued by the BOG on Monday, April 8, the banknotes will have enhanced security features in line with evolving changes in the technological landscape. The upgraded banknotes will also come with improved durability and machine readability. The new enhanced security features ...

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Issuance Of Construction And Building Permit In Accra Made Digital

Hajia Alima Mahama

Government has taken a giant step towards automating the issuance of construction and building permit to reduce time and cost of doing business. The move, which would be implemented using a web-based application software, seeks to reduce corruption, facilitate ease of doing business, ensure proper control on construction and planning. For the start, the application software funded by the Department ...

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Formal Sector Employs Only Two Percent Of Ghanaian Labour Annually – NEIP

Mr Franklin Owusu Karikari

Only two percent of the 250, 000 of Ghanaians who enter the Ghanaian labour market annually, are absorbed in the formal sector, Mr Franklin Owusu Karikari, the Director for Business Support of the National Entrepreneurship Innovative Plan (NEIP) has said. He said the remaining 98 percent relied on the informal sector for jobs, saying, last year alone, the country produced ...

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