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January 21, 2018 3:56 PM Akufo-Addo leaves Ghana for George Weah’s inauguration in Liberia

President Akufo-Addo has left Ghana for Liberia to witness the swearing-in of the West African country’s new president, George Weah, following an invitation by outgoing leader, Ellen Johnson Sirleaf. Nana Addo departed on Sunday afternoon and is expected to return on Tuesday, January 23, 2018. The inauguration of George Weah is scheduled to take place

January 11, 2018 8:46 AM Govt to raise 11 billion cedis in Q1 of 2018

Government is seeking to raise GHȼ11,133.91 million in the first quarter of 2018 through debt securities. Of the amount GH¢8,961.30 million will be used to rollover maturities. The remaining GH¢2,164.61 million will be used to meet Government’s financing requirements for the period. A statement issued by the Debt Management Office of the Ministry of Finance 24

December 19, 2017 4:03 PM Metro Mass Transit to get 50 new buses in 2018

Deputy Minister for Transport, Titus Glover, has stated that, government will improve the services of the Metro Mass Transit Company with fifty more buses in 2018. Titus Glover, who made this known in an interview with Citi News, said the buses will be provided early next year. He entreated the management of Metro Mass Transit Company Limited, to ensure 18

December 15, 2017 12:55 PM MTN Ghana signs GH₵ 510m loan facility to expand infrastructure

MTN Ghana has announced the signing of a GH¢510 million syndicated loan facility arranged jointly by Ecobank Ghana Limited, and Ecobank Development Corporation (EDC), to finance its infrastructure expansion and working capital needs across the country. The facility, with five years tenure, comes in two parts; the fixed five year term facility of GH¢ 345 million 18

December 12, 2017 11:57 AM Unibank moves to add over GHS700m to its capital

One of Ghana’s most stable indigenous banks, Unibank, is to obtain a colossal amount of over GHS700 million. The amount, which will significantly shore up the bank’s capital when the Central Bank approves the recapitalisation programme it is embarking on, will peg the bank’s assets at almost a billion cedis. The over GHS700 million is coming from a local 30

November 17, 2017 6:15 AM How 2018 budgetary allocation to ministries were slashed [Infographic]

The 2018 budget as presented by the Finance Minister, Ken Ofori Atta before Parliament on Wednesday, 15th November, 2017, indicated a significant cut in budgetary allocation to some Ministries compared to what was allocated them in the 2017 budget. The Roads and Highways ministry had its budget slashed by at least 80% from GHS444 million to GHS77 million 45

November 15, 2017 10:32 AM #Ghbudget: 2018 budget delivery underway in parliament

Finance Minister, Ken Ofori Atta, is on the floor of Parliament, presenting the government’s 2018 budget to lawmakers. The budget is the second to be read by Akufo-Addo administration since it took over the administration of the country in January 2017. The budget is expected to focus on about 10 key areas including infrastructure, macroeconomic stability 42

November 2, 2017 11:11 AM GRA Launches National Tax Campaign

The Ghana Revenue Authority (GRA) has launched a comprehensive national tax campaign to encourage more Ghanaians to honour their tax obligations to enable the government to realise its domestic revenue targets, increase social intervention policies and accelerate development across the country. The aggressive campaign, which will include stakeholder 35

November 2, 2017 9:54 AM Interdicted UEW VC, others not arrested – UTAG

The leadership of University Teachers Association of Ghana (UTAG) has challenged reports of the arrest of the former Vice-Chancellor of the University of Education, Winneba by the Economic and Organized Crime Office (EOCO). In a statement Wednesday, it denied claims that Prof. Avoke has been summoned by EOCO. It said the professor is innocent of all charges 34

November 2, 2017 6:55 AM ‘I will be an action-oriented President’ – Spio-Garbrah

Former Trade Minister, Ekwow Spio-Garbrah, may soon emerge as the National Democratic Congress (NDC)’s flagbearer for the next general election if he is successful in the party’s primaries next year. The experienced politician and former diplomat said he is ready to lead the party to reclaim power from the New Patriotic Party (NPP) in the 2020 Presidential 46