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Deceitful Mobilization Officers Hindering Progress – Budget officer

The Social Public Expenditure and Financial Accountability (SPEFA) members have been urged to assist the Metropolitan, Municipal and District Assemblies (MMDAs) to halt the diversion of the assembly revenue by unscrupulous revenue mobilization officers. The SPEFA members who have been constituted in 46 assemblies and trained by the Local Government …

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Solar Energy Could Earn Ghana $38m Yearly – UNEP

A strategy proposal by the United Nations Environment Programme (UNEP) for increasing solar energy use in Ghana, estimates that Ghana could earn $38 million from energy exports with a 100-megawatt solar plant in the north. The proposal, prepared by the UNEP in partnership with the Energy Centre at the Kwame …

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Vodafone holds nationwide Internet Fair

Vodafone Ghana Foundation, has introduced a nationwide internet fair to educate the public on usage and skills of the internet.  The Fair, which started at the Rawlings Park in Accra on June 25, forms parts of Vodafone’s commitment to spread internet connectivity and exposing Ghanaians to the immense benefits of …

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Economist calls for new exploration and petroleum law

Dr. Joseph Kwadwo Asenso of the Real Sector Division of the Ministry of Finance has called for a new exploration and petroleum law, to reflect current industrial practices for the country to have maximum benefit of the petroleum upstream industry. He also expressed concern about low returns on the Ghana …

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Parliamentary Committee holds talks on oil industry

  A delegation of the Parliamentary Select Committee on Mines and Energy, at the weekend returned from Kuala Lumpur, Malaysia where they held discussions on how to improve the local industry. They were engaged in a number of meetings on the promotion of best practices with the Malaysian Parliament as …

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Ghana/Italy approves list of 99 investment proposals

Ghana and Italy has approved a list of 99 investment proposals submitted by local small and medium enterprises (SMEs), to be eligible for funding with a credit line granted by the Italian Government. Dr Ekwow Spio-Garbrah Minister of Trade and Industries and Laura Carpini Italian Ambassador who co-chaired the 10th …

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Ghacem pays Gh¢ 2 million to gov’t

Cement manufacturer, Ghacem Limited has presented a cheque for GH¢2million to the Government representing a final dividend payment on its 2014 accounts. The Company had earlier presented GH¢3.7million as interim dividend bringing to a total of GH¢5.7million as final dividend payment by Ghacem for the 2014 Financial year. The dividend …

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Cedi loses value against major currencies

The government’s fiscal and monetary policies have come under attack as stakeholders, businesses and currency analysts question their potency to revive the ailing economy and stabilise the fast depreciating cedi against the major foreign currencies. The President of the Ghana Union of Traders Association (GUTA), Mr Goerge Ofori; Executive Secretary …

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