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The names behind PDS revealed and how they won the ECG concession agreement

There have been some speculations on the composition and credibility of the Ghanaian local consortium holding 51 per cent of the shares in the...

Planned shutdown of some ‘troubled’ Savings and Loans companies looming

The Bank of Ghana (BoG) would in coming weeks move in to “close down” some “troubled” Savings and loans companies that are facing “serious” financial...

PDS saga: Demonstrate to us that you are capable – ECG told

The Public Interest and Accountability Committee (PIAC) believes the suspension of the Concession Agreement between the Electricity Company of Ghana (ECG) and the Power...

Audio: PDS concession saga: Gov’t had good intentions – Energy Committee

The Chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi-Gyamfi, has said government had good intentions when it entered into an...

Cyber security a priority to the govt – Ursula Owusu

Minister for Communications, Mrs Ursula Owusu- Ekuful, reiterating the Akufo-Addo-led administration's commitment to improve cyber security in Ghana, says it is a priority to...

Disclose full details of PDS contract to public – GII to govt (Audio)

The Ghana Integrity Initiative (GII) is pleading with the government to publish the concession agreement with Power Distribution Services (PDS).Though the government has announced...

(Audio): PDS contract must be terminated – Minority

The Minority in Parliament has called on the Akufo-Addo government to terminate the concession agreement with Power Distribution Services (PDS).The call by the Minority...

Probe into PDS breaches to end in 30 days – Minister

Government has announced that full scale investigations into the detected breaches in the concession agreement with Power Distribution Services (PDS) will be completed within...

Tullow mentors 23 Human Resource practitioners

Human Resource (HR) practitioners have been urged to leverage on the evolution of technology to enhance their organisational goals.The Chief Executive Officer of...

It’s official: Energy Commission appoints ECG as interim operator of electricity

The Energy Commission has announced the appointment of the Electricity Company of Ghana (ECG) as an interim operator of electricity in Ghana.Following the suspension...

Bijou Homes celebrates first resident

Launched in November 2017, phase one of Bijou Homes, a high-quality affordable housing project heralded by GHL Bank and Appolonia City, welcomed its first resident to...

EOCO must probe PDS ‘fraud’ – PIAC

The Public Interest and Accountability Committee (PIAC) wants the Economic and Organised Crime Office (EOCO) to take over investigations into the botched concession agreement...

Parliament approves GH₵6.3 billion supplementary budget

Parliament has approved the GH₵ 6.3 billion requested by the Finance Minister, Ken Ofori- Atta for extra expenditure for the 2019 Financial...

Audio: Man who forged PDS concession deal suspended

“The gentleman, who signed the concession agreement with Power Distribution Services (PDS), has already been suspended,” this is according to Energy Minister, John Peter...

Check out PDS response to agreement suspension

The energy distribution company, Power Distribution Services (PDS) has reacted to government suspension of their concession agreement.The company in its response to the government's...

Audio: Energy Minister cites fraud as reason PDS contract was suspended

It has emerged that fraud was suspected in the concession agreement government entered into with Power Distribution Services (PDS).Energy Minister, John Peter Amewu, who...

Premier bags 2 awards at Ghana Insurance Awards

Premier Health Insurance Company has picked up two awards at the second edition of the Ghana Insurance Awards ceremony held at the Kempinski Hotel.The...

No Ghanaian company has experience in power distribution – Kwabena Donkor on PDS debacle

Former Power Minister, Dr Kwabena Donkor feels vindicated by the struggles of the Akufo-Addo administration in handling the power sector.According to him, the suspension...

NAM1 bail condition not favourable – Menzgold

Managers of embattled gold dealership firm Menzgold have described as “unfavourable” the bail condition set by the court for the release of their CEO,...

Former NDC chairman backs communication service tax increase

A former Regional Chairman of the National Democratic Congress (NDC), Benard Allotey Jacobs, has commended the government for increasing communication service tax (CST).Mr Allotey...

Our dams not guinea fowls to fly to Burkina Faso – Bawumia

Vice President Mahamudu Bawumia has reiterated government’s commitment to fulfilling the ‘One Village One Dam’ campaign promise it made to the people of Ghana.The...

COPEC threatens ‘sleepover’ over energy sector levy increment

The Chamber of Petroleum Consumers (COPEC) has threatened to protest against the increment in the Energy Sector Levies (ESLA) as announced by the Finance...

Audio: ‘Talk Tax’ increment needless – Coalition for Social Justice

The Coalition for Social Justice (CSJ), a political pressure group, has described as needless government's decision to increase the Communication Service Tax, popularly known...

Budget review: Over GH₵5bn to be spent on energy sector – Minister reveals

It has emerged that over GH₵5 billion of the GH₵6.3 billion Supplementary Budget needed for the remaining months of the 2019 fiscal year will...

Audio: Luxury car owners, dealers shower praises on Akufo-Addo over Luxury Vehicle Tax

Vehicle and Assets Dealers Association of Ghana has welcomed the decision by the Akufo-Addo government to withdraw the Luxury Vehicle Tax which was introduced...

Amaris terminal awarded promising terminal of the year

Amaris Terminal has been adjudged the Promising Terminal of the year at the recently organised 2019 Ghana Shippers Awards at Kempinski Hotel in Accra.The...

Take-or-pay contracts cause challenges in energy sector

The challenges facing the energy sector resulted in obnoxious take-or-pay contracts signed by the previous government, which obligated the country to pay for capacity it does...

Ghana Cocoa Board to raise $1.3 billion in syndicated loans

Ghana Cocoa Board will raise $1.3 billion in syndicated loans for its operations in the 2019/2020 season, the Minister of Finance Mr Ken Ofori-Atta announced in...

Govt took tough decisions to right wrongs of Mahama’s era – Finance Minister

The Finance Minister, Ken Ofori-Atta, has said that the Akufo-Addo government has had to take some difficult decisions to correct the wrongs of the...

Govt eats humble pie over killer Luxury Vehicle Levy

Government has scrapped the Luxury Vehicle Levy (Act 969) which was introduced by Parliament and assented to in July, 2018.The decision, according to the...

Govt to resume work on major cocoa roads – Ken Ofori-Atta

The government has resumed work on cocoa roads, Ken Ofori-Atta, the Finance Minister has announced.The resumption includes upgrading, routine and periodic maintenance activities of...

Infographics: All you need to know about 2019 Mid-year Budget Review

Finance Minister, Mr Ken Ofori-Atta on Monday, July 29, 2019 presented the 2019 Mid-year Budget Review in Parliament.The infographics below details the government's efforts...

Communication Service Tax up to 9%

Finance Minister, Ken Ofori-Atta is proposing a three percent increase in Communication Service Tax, thus from six percent to nine percent.This, he explained, is...

Possible Communications Service Tax increase; Minister reacts

Minister for Communications, Mrs Ursula Owusu-Ekuful is in support of any measure which will increase government revenue.Citing her Ministry as an example, she said...

Ato Forson’s prediction ahead of Mid-year Budget Review

Former Deputy Finance Minister, Cassiel Ato Forson is predicting tax increases ahead of the Mid-year budget review.His prediction, according to him, is based...

2019 Mid-year Review: ‘Petrol, mobile tax to go up’

Pro-government newspaper, The Daily Statesman, has hinted that the Finance Minister will announce an increase in petroleum and mobile tax today.Ken Ofori-Atta, will address...

Terkper shares thoughts on 2019 Mid-year Budget Review

DON’T RUSH TO PRAISE ALL OF AFRICA’S “POPULAR” BUT FISCALLY UNSUSTAINABLE PROGRAMSIntroduction- Context is 2019 Mid-Year Review and the need to be realistic...

Bank of Ghana records GHS793m loss in 2018

The Bank of Ghana (BoG) last year recorded a loss of GHS793 million resulting from its operations, the bank’s 2018 Annual Report, has shown.The...

Forget prosecution; focus on our money – Menzgold clients chant in court

For several scores of Menzgold clients, there is no interest in the State’s criminal prosecution of the Chief Executive Officer (CEO) accused of defrauding...

Video: Not even angels can stop cocoa smuggling in Ghana – Former Minister

Former Western Regional Minister, Dr Kwaku Afriyie says not even angels can clamp down on the smuggling of cocoa beans from Ghana to neighbouring...