Monday , 19 February 2018
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Group demands probe into GWCL desalination contract

A group calling itself the Concerned Ghanaians Association is calling on the government to commence an investigation into the award of contract for the construction of the Desalination Plant in Teshie. The $125m desalination plant was constructed in 2015 to desalinate 60,000m3 of seawater a day providing fresh water to more than 300,000 people in various municipalities of the Greater …

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GRA appeals to income earners to contribute to paying taxes

The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has appealed to income earning members of the general public to ensure they are all registered with the tax authorities and contribute their quota to taxes. Speaking at the 2017 awards ceremony in Accra aimed at recognising outstanding tax contributors and staff, he said: “I wish to take this …

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Cut tariffs by 20% and scrap all levies and taxes on electricity – TUC

The Trades Union Congress (TUC) holds the view that tariffs can be reduced by 20% or more. Expressing support for government’s position to reduce tariffs, TUC said given the negative impact of the existing high tariffs on economic activities and on the living standards of consumers, higher reduction is in the right direction. “We think a significant reduction in tariffs …

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ECG recoups GHC50m from random meter checks

Unannounced house-to-house checks by officials from the Electricity Company of Ghana (ECG) saved the company some GHC50 million on power thefts last year. The sweeping exercise, which is an ongoing system losses reduction intervention, saw officers of the company visiting residential apartments to fish out illegal power consumers. “We went about communities to check every available meter, and we were …

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Nurse, 34, builds ‘historic’ hospital in Upper East

A young nurse who dreamt of building a hospital on his own for his deprived region has done it so big everybody is gripped with awe— including friends who, as he kept talking about his ‘impossible’ dream, had concluded he probably needed his head checked for “psychosis”. The rare feat— a medic at age 34 years providing a fully furnished …

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2018 SoNA: Industrialist raises doubt about ‘economic progress’

An industrialist is concerned that Ghana’s current good economic indicators as announced by President Nana Akufo-Addo are not reflecting on the prices of raw materials. Mr Ebenezer Hammah, an Engineer and the Chief Executive Officer of McHammah Engineering, said in practical terms, good economic indicators must lead to a reduction in prices of raw materials for industries. He said commodity …

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Onshore oil exploration in the Voltaian basin yielding dividends – President

President Nana Addo Dankwa Akufo-Addo on Thursday announced that a pilot survey in the Voltaian basin for possible onshore oil discovery, has established the “presence of a working petroleum system”. “I hope that, eventually, there will be something big for us to cheer about”, he expressed in optimism in his State of the Nation Address to Parliament. The President said …

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Transport fares will not go up despite increased fuel prices – GPRTU

The Ghana Private Road Transport Union (GPRTU) of the Trades Union Congress (TUC) has allayed the fears of the general public over possible transport fare hike in line with fuel price increments. The GPRTU has assured the public that their outfit has no plans (yet) of increasing lorry fare prices even though fuel prices have gone up severally over the …

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Deposit insurance will protect your money – BoG Governor

The Governor of the Bank of Ghana, Dr Ernest Addison says the steady growth in the number of financial institutions makes the development of a system that will guarantee the safety of depositors very critical. He noted that the increasing complexities of the financial sector in recent times require, more urgently, that an insurance scheme, together with the tightening up …

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Investors to ditch Ghana over calls to remove Minister

An Investment Banker, Mahama Iddrisu has told Citi Business News calls for the resignation of Finance Minister, Ken Ofori-Atta might cause investors to boycott investment decisions to Ghana going forward. He argued that the move is also likely to affect subscription of the country’s bonds expected to be issued in the first quarter of this year – 2018. The Minority …

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