BUSINESS

There was drama in Parliament over whether the Finance Minister must present a document before he will be allowed to make a statement on the controversial $2.25bn bond issue. The Minority Leader Haruna Iddrisu insisted that the Minister, Mr. Ken Ofori-Atta who was on the floor of Parliament, ought to furnish the House with all the necessary documentation before being ...

Managers of the Youth Employment Agency (YEA) say they have uncovered massive payroll fraud at the Agency which has caused the country to lose over GH¢50 million. This is contained in an internal audit findings conducted by the Agency. Briefing the media on the findings Wednesday June 7, the acting CEO of the Agency, Justin Frimpong Kodua explained that the ...

Mantrac Ghana Limited has introduced a special rental service for contractors known as Rent-To-Own. The new service offers customers the opportunity to enjoy the benefits of using brand new equipment without committing to an outright purchase. RENT-TO-OWN offer gives contractors the option to buy the Machine after six months of renting. This applies to Brand New Cat Machines and Certified ...

The Finance Minister is expected to explain the circumstances surrounding the issuance of the 2.25 billion dollar bond when he comes before Parliament today, Wednesday June 7. Ken Ofori Atta was summoned to the House by the Speaker after the Minority Leader moved a special motion requesting that the Finance Minister briefs the House on the details of the bond. ...

Finance Minister, Ken Ofori-Atta will later today [Wednesday], appear before Parliament to disclose the full details of the controversial $2.25 billion bond issued by the government in April 2017. This follows the passage of a half-hour motion last week by the House, to summon the minister to provide the full complement of documentation related to the issuance, the participants, the ...

Telecommunications networks Airtel, Glo and Expresso will be sanctioned by the communications ministry if they fail to extend services to Adaklu in the Volta region within six months. According to Starr News’ Parliamentary Correspondent, Ibrahim Alhassan, the MP for Adaklu Kwame Agbodza on the floor of Parliament questioned steps being taken by the communications ministry to ensure Adaklu can access ...

Petroleum receipts report for January to March this year released by the Finance Ministry revealed that government has realised $94 million from crude exports for the first quarter of this year. The funds came from crude exported by the Ghana group as well as royalty payments from other partners on the Jubilee and Tweneboa Enyera Ntomme (TEN) oil fields. The ...

The management of Rlg Communications Limited has denied reports suggesting the company failed to supply over 12,000 laptops although the state fully paid for them. Media report Monday, June 5, accused the communications firm of flouting its contractual terms with the Ministry of Environment, Science, Technology and Innovation to produce and distribute 103,181 pieces of laptops at a total cost ...

The virtue of consistency was manifested at the GUBA Awards 2017 which took place on Saturday the 3rd of June 2017, at the Intercontinental Hotel, o2, London. The biennial award in its sixth year, paid tribute to an array of trailblazers from various industries. The night commenced with an ode to Ghana by the Shekinah singers as they sang the ...

While the United States is walking away from the historic Paris Climate Agreement, India is making a bold vow to start selling only electric cars by 2030. India is one of the world’s most polluted countries. Its energy department said in a blog post that it has set the “ambitious” target to stop selling gas-powered vehicles in an attempt to clean up ...