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Parliament approves 2018 budget without Minority

Parliament has approved the 2018 budget statement presented to the House by Finance Minister Ken Ofori-Atta three weeks ago. The Minority, however, abstained from voting to approve the budget, according to Starr News’ Parliamentary correspondent Ibrahim Alhassah. The National Democratic Congress (NDC) MPs have always insisted the finance minister breached …

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Ken Ofori-Atta, Kojo Graham honoured for promoting securities industry

Finance Minister, Ken Ofori Atta and renowned investment banker, Kojo Graham, have been awarded for their contributions towards the growth of the securities industry in the country. They were honoured at the Ghana Securities Industry Association (GSIA) Awards Dinner for Founding Members held at the Movenpick Ambassordor Hotel last Saturday. …

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Barclays, China Dev’t Bank cooperate on dev’t projects in Africa

Barclays Africa will leverage the MoU to unlock opportunities in order to strengthen its contribution towards Africa’s economic growth and development Barclays Africa Group Limited and China Development Bank (CDB) have signed a memorandum of understanding (MoU) aimed at strengthening cooperation and exploring opportunities to fund development projects in Africa. …

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Mövenpick awarded for Excellence in Hospitality

Mövenpick Ambassador Hotel Accra has been crowned as a leader in ‘Hospitality’ at the first edition of the Ghana Expatriate Business Awards for its outstanding contributions, accomplishments and service towards the development of the hospitality sector in the country. The Award recognizes Mövenpick for its exceptionally high standards in product …

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Vivo Energy, Engen enter into share transaction

Vivo Energy Holding has agreed to enter into a share transaction with Engen Holdings (Pty) Limited, a 100% subsidiary of Engen Limited, in relation to the purchase of shares in Engen International Holdings (Mauritius) Limited (“Engen International Holdings”) for the exchange of a shareholding in Vivo Energy, with a possible …

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Manhyia Palace honours Agro Ecom with ‘Gold’ Cocoa Award

In recognition of their contribution towards the economic development of the Ashanti region, Manhyia Palace over the weekend presented a Gold Award to Agro Ecom for their immense support to Ghana’s cocoa industry. The Administrative Manager of Agro Ecom, Seth Hammond, who received the award on behalf of the company, …

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Gov’t bans culpable OMCs over premix fuel diversion

The government has served notice that Oil Marketing Companies found guilty in the illegal diversion of premix fuel will be banned. “We wish to note that preliminary checks have revealed that the perpetrators are made up of some Oil Marketing Companies (OMCs}, Landing Beach Committees and Transporters. The perpetrators, after …

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Ghana needs skilled workforce not aid – Hungarian Minister

Dr. Bawumia and Péter Szijjártó Hungarian Foreign Affairs and Trade Minister Péter Szijjártó has said Ghana does not need aid or handouts from European countries, but rather a skilled workforce. He said once there is a skilled workforce who can make their know-how available to the Ghanaian economy it will …

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We’ll protect your business – Akufo-Addo to expats

Unfair Trade Practices such as the dumping of cheap and poor quality imported goods in Ghana which hurt the businesses of expats in Ghana will soon be a thing of the past, President Akufo-Addo has assured. Addressing  the Ghanaian  Expatriate business  community  at the first ever Expatriate  Business Awards ceremony …

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Bill for Integrated Aluminium, Bauxite Dev’t Authority soon – Bawumia

Government is in the process of drafting a bill to be presented to Parliament for the establishment of the Ghana Integrated Aluminium and Bauxite Development Authority, to reflect President Nana Addo Dankwa Akufo-Addo’s commitment to establishing an Integrated Aluminium Industry to serve Ghana and Africa. The Authority will play the …

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