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Government has established a tripartite technical committee to come out with modalities to implement the National Unemployment Insurance Scheme announced in the mid-year budget statement. Mr Ignatius Baffour-Awuah, the Minister of Employment and Labour Relations, said the scheme, when operational, would focus on providing direct income support to workers who lost their Continue Reading
Business
Government is proposing a National Transport Recapitalisation Project which, if implemented, will provide a lease-to-own option to all commercial drivers to exchange their old cars for newly assembled ones in Ghana. According to Vice President Dr Mahamudu Bawumia, the issuance of national identity cards along with the implementation of the digital property address system, Continue Reading
Business
Bolgatanga Central MP Isaac Adongo has wondered where the Akufo-Addo government got GHS3.56 billion with which it intends paying all locked-up funds of depositors of the collapsed microfinance companies, savings & loans and finance houses. The payments start from Wednesday, 16 September 2020. The government had earlier said it will refund the monies in a […]Continue Reading
Business
As the COVID-19 pandemic continues to destabilize education, businesses, companies, among others, institutions are devising ways to adapt to the changes brought about by the new normal. Undoubtedly, the current situation has boosted digitalization and online engagements among companies and their clients as well as the general public. It is against this background that Continue Reading
Business
The Ghana Revenue Authority (GRA), has been urged to adopt innovative strategies to help increase revenue mobilization in the covid-19 era. The Authority should also set up effective models that would enhance the intensification of tax education and collection to help boost government revenue to sustain the country’s economy in the difficult times. Mr. Christopher Dapaah, Continue Reading
Business
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, is backing government’s business regulatory reforms programme to help reverse Ghana’s decline on the World Bank’s Ease of Doing Business Index. Mr. Grant told Business24 while government has over the years embarked on extensive reforms to improve the ease of doing business, the […]Continue Reading
Business
All customers of the collapsed micro finance, savings and loans companies will effective Wednesday, September 16, 2020 receive cash instead of the earlier promised government backed bonds. This follows the decision to convert all the government backed non interest bearing commercial paper (bonds) into cash at no discount in respect of the payments to affected […]Continue Reading
Business
The Alliance for Social Equity and Public Accountability (ASEPA) has condemned what they say is discrimination by the police in the application of the Public Order Act. The pressure group cites the decision of the police to decline their notification to demonstrate against the controversial Agyapa Minerals Royalties agreement as an unjust one. The agreement which is […]Continue Reading
Business
The Security and Exchange Commission (SEC) has rejected the Coalition of Aggrieved Customers of Menzgold Ghana’s (CACM) request to be included in government’s bailout package established to pay locked up funds of depositors of collapsed financial companies. In the reply dated September 9, the Commission emphatically mentions that members of the Coalition cannot be included Continue Reading
Business
The world’s top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth. Gold prices have jumped 30% this year to roughly $2,000 an ounce as central banks dial-up stimulus measures in response to the coronavirus pandemic. That has fuelled a Continue Reading
Business
The Vice President has urged the Ghana National Petroleum Corporation (GNPC), Ghana Gas, Aker Energy, Newmont Ghana and other corporate bodies to support the medical drone. Dr Mahamudu Bawumia was speaking during the commissioning of the third Zipline medical drone delivery site located at Vobsi in the West Mamprusi Municipality of the North East Region. […]Continue Reading
Business
Even as the government sets up Business Resource Centres (BRCs) across all districts and municipalities in the country, Trade Minister Alan Kyeremanten has hinted of an establishment of a common public network that will connect the services. “These BRCs will not be operating in isolation. In fact, there will be a virtual public network to […]Continue Reading