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President calls for national consensus to promote responsible mining

Accra, April 14, GNA – President Nana Addo Dankwa Akufo-Addo has called for broad-based national consensus that would promote a responsible, viable, and environmentally sustainable small-scale mining industry. He said there was need to address and stamp out the menace of illegal small-scale mining, otherwise known as “galamsey”, and support and grow responsible small-scale mining, devoid of the use of …

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Ghana is a middle-income country not low-income country – Prof Quartey

Accra, April 13, GNA – The International Monetary Fund’s (IMF) classification of Ghana as a Low-income economy is a narrow way of defining a country’s economic status, Professor Peter Quartey has said. Prof Quartey, who is the Head, Economics Division, Institute of Statistical, Social and Economic Research (ISSER), University of Ghana, said just looking at the fiscal data, revenue, expenditure, …

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President commissions US$80 million steel plant

The B5 Plus Steel Plant, an enterprise operating under the Government’s One District, One Factory flagship programme, will convert scrap metal sourced across the country into materials for the construction industry. With an initial installed capacity of 250,000 tonnes per annum, the plant, West Africa’s biggest fabrication plant, and the third biggest in Africa, will manufacture iron rods, wire rods, …

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Govt to secure US$ 250 million to reshape Bole-Sawla-Wa road — Majority Leader

The government has agreed to secure a US$ 250 million loan facility to reshape the Bole-Sawla-Wa road, Mr Osei Kyei Mensah-Bonsu, the Majority Leader in Parliament, has said. He said US$ 150 million had been secured as the first part. He said the Roads and Highways Minister, Mr Kwesi Amoako Atta, would perform the commissioning for work to start on …

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We’ll take down TV Channels promoting spiritualists – K-NET

Internet and data service provider, K-NET has vowed to remove from its Direct-to-Home (DTH) platforms, channels promoting the activities of scammers, spiritualists, money doublers, and fraudsters. This caution follows the alleged killing of an 11-year-old boy by juveniles believed to be influenced by money rituals content in the media. “In recent days our attention has been drawn to the fact …

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Turkey consumer price inflation, producer prices increase in March

Ankara, April 5, (dpa-AFX/GNA) – Turkey’s consumer price inflation and producer prices rose in March, figures from the Turkish Statistical Institute showed on Monday. The consumer prices index rose 16.19 per cent year-on-year in March, following a 15.61 per cent increase in February. Prices for furnishings and household equipment surged 23.64 per cent yearly in February. Prices for transportation and …

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Bank of Ghana joins Basel Consultative Group

Accra, April 2, GNA – The Bank of Ghana (BoG) has joined the Basel Consultative Group (BCG), a global body that sets and implements standards on banking supervision In a statement the bank said it was admitted into the global body, making Ghana one of four countries in Africa which are members of the BCG. The other members are Tunisia, …

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GRA projects non-oil revenue of more than GH¢ 57 billion

Accra. March 30, GNA – The Ghana Revenue Authority (GRA) has projected to take-in a gross total non-oil tax revenue of GH¢ 57.055 billion for the year ending 31st December 2021. This is as against the 2020 provisional outturn (actual lodgment) of GH¢ 45.154 billion. According to a report of the Finance Committee of Parliament, officials of the Authority announced …

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Ghana Real Estate players sensitised on money laundering

As part of efforts to rid Ghana’s Real Estate sector of money laundering and its accompanying fraudulent activities, a three-day sensitisation National Workshop on the dangers of money laundering for real estate players opened on Monday in Accra. It is on the theme: “Enhancing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Compliance by the Real Estate Agents and …

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Ghanaian women-owned enterprises to benefit from Retail and Online marketplace

Accra, March 27, GNA – The Ghana Enterprise Agency (GEA), formerly NBSSI, and the Mastercard Foundation have announced a partnership with Lokko House Limited, to create a retail shop and an online marketplace. The platform will enable women-owned and led enterprises to promote their products and connect with customers globally. Lokko House Limited, a Ghanaian enterprise that promotes urban art, …

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