Author Archives: larryehu

2022: Newmont pays ₵2.76bn to Ghana gov’t in taxes, royalty, carried interest

Mining giant Newmont made a total payment of GHS2.76 billion to the government of Ghana for the full-year 2022. The amount includes corporate tax (GHS1.530.9 million), mineral royalty (GHS548.3 million), and carried interest (GHS222.1 million). The rest include PAYE (GHS261.3 million), withholding tax (GHS164.5 million) and forestry levy (GHS35.5 million). Newmont, in an advertorial, said: “During the fourth quarter of ...

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Ofori-Atta leaves for China for crucial debt restructuring negotiations

Finance Minister Ken Ofori Atta has left Accra for China to have negotiations on debt restructuring with officials of that country. Sources say the Minister left over the weekend via Addis Ababa where he is attending the UNECA High-Level Ministers meeting on Global Financial Architecture. After that meeting, Mr Ofori-Atta is expected to head to China, possibly on March 22, ...

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Don’t delay any more in paying our coupons – Pensioners warn gov’t despite receiving payments

The Pensioners Bondholders Forum has confirmed that members have been receiving payments on matured coupons and principals since Tuesday, March 14 as promised by the Ministry of Finance. “We, however, wish to state that as much as we recognize the efforts of the Government to pay all outstanding coupons and principals of the old bonds, we reiterate that pensioners were ...

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No one can unseat me as Tamale South MP – Haruna Iddrisu

The former Minority Leader and Member of Parliament for the Tamale South Constituency, Haruna Iddrisu, has indicated that no candidate can unseat him. Describing himself as the MP with the most followers in the Northern Region and beyond, Mr Iddrisu said to be elected MP five consecutive times means the people are happy with the work he is doing and ...

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We will survive relegation – Kotoku Royals coach assures fans

Kotoku Royals coach John Eduafo is confident his team will survive relegation despite their atrocious form and a poor run of results throughout the entire season. Kotoku Royals who joined the Premier League have spent virtually the entire season at the bottom of the league and have struggled to even move a place upward. LEARN AND TRADE FOREX WITH GOLIGFX ...

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ECG hasn’t disconnected our power; we run on prepaid metres – Energy Ministry’s Communications Specialist

The Energy Ministry has disputed reports that it suffered a disconnection exercise from its agency, the Electricity Company of Ghana (ECG) over unpaid electricity bills last Tuesday. The Ministry describes the report as wrong as the facility runs on prepaid meters. The Communications Specialist at the Ministry, Kofi Abrefa Afena, disputed that they have been disconnected from the grid. LEARN ...

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Bill Gates says Warren Buffett gave the best advice he’s ever received

Even artificial intelligence wants to learn from Bill Gates. When the Microsoft co-founder sat down for an interview with U.K. Prime Minister Rishi Sunak last month, the two answered questions generated by a ChatGPT-like AI chatbot. The bot asked Gates about the best advice he’s ever received and how it has influenced his own life. In response, the 67-year-old pulled out some ...

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Don’t close down nonperforming schools, resign if you can’t do the job – Mahama tells Adutwum

Former President John Dramani Mahama has told the Minister of Education Dr Yaw Osei Adutwum not to close down nonperforming schools. He says the schools should rather be supported with teaching and learning materials to improve on their performance. Addressing branch executives of NDC earlier on Sunday, March 19, at Adudwama in the Ahafo Ano South East Constituency Mr Mahama ...

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Haruna Iddrisu files nomination to contest Tamale South parliamentary primaries

Former Minority Leader, Haruna Iddrisu has filed his nomination forms to contest the National Democratic Congress (NDC) parliamentary primaries in the Tamale South Constituency. Highly tipped to retain the seat, Haruna Iddrisu says his work in the Constituency is not done yet. Accompanied by a mammoth crowd, the 5th time Member of Parliament for Tamale South handed over his nomination ...

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NDC Primaries: Mahama files nomination March 21

Mr John Dramani Mahama will file his nomination to contest the flagbearer position of the main National Democratic Congress (NDC) on Tuesday, 21 March 2023. Mr Mahama was expected to file his nomination today, Monday, 20 March but had to postpone it because of the party’s True State of the Nation Address scheduled for today at the University of Professional ...

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