Akufo-Addo’s GHS600m stimulus package promise for SMEs ready -NBSSI reveals

Akufo-Addo’s GHS600m stimulus package promise for SMEs ready -NBSSI reveals Micro, Small & Medium Enterprises (MSMEs) in the next couple of weeks should be able to access the GHS600 million stimulus package promised by President Nana Addo Dankwa Akufo-Addo According to the National Board for Small Scale Industry (NBSSI), a stress test is being conducted […]

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Confusion rocks Ghana Airports Company over diversion of huge contract

Confusion rocks Ghana Airports Company over diversion of huge contract There is currently tension at the Ghana Airport Company Limited (GACL) following a decision by management to divert an already awarded contract to another company which involves the implementation of disinfection prevention measures at the Airports of Ghana The GACL led by its Managing Director, […]

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87% of Ghanaians in the informal sectors worrying- Dr. Angela Akorsu bemoans

87% of Ghanaians in the informal sectors worrying- Dr. Angela Akorsu bemoans A Senior Research Fellow of the Department of Labour and Human Resource Studies, School for Development Studies of the University of Cape Coast Dr Mrs Angela Akorsu has said that about 87 per cent of Ghanaians are in the informal sectors of the […]

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Government to borrow from Bank of Ghana to finance budget – EIU

Government to borrow from Bank of Ghana to finance budget – EIU The Economist Intelligence Unit (EIU) is reporting that the government is considering borrowing from the Bank of Ghana to finance its budget. The policy has been abandoned since 2015. But because of the challenges COVID-19 might pose to revenue mobilization this year, the […]

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MTN MoMo subscribers hit 15m in first quarter of 2020, delivers GHS349m profit

MTN MoMo subscribers hit 15m in first quarter of 2020, delivers GHS349m profit Leading telecommunication firm, MTN Ghana registered an increase of 6.9% in mobile money subscribers to 15.5 million in the first quarter of 2020 alone However, active MoMo subscribers went up by 2.1% to 9.3 million. According to its first-quarter results, the telecom […]

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UNIPASS Saga: Akufo-Addo being misled by Osafo Maafo-IMANI boss

UNIPASS Saga: Akufo-Addo being misled by Osafo Maafo-IMANI boss The President of IMANI Africa, Franklin Cudjoe says President Nana Addo Dankwa Akufo-Addo is being misled by the Senior Minister, Yaw Osafo-Maafo about the UNIPASS port system which is expected to replace the GCNET and West Blue port system, but rather creating chaos and revenue losses […]

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COVID-19: Consultant disagrees with BoG over no dividend payment, blames banks

COVID-19: Consultant disagrees with BoG over no dividend payment, blames banks A financial consultant has said that shareholders including pensioners will be denied of their investments if banks fail to pay a dividend to their shareholders this year. According to Sam Bdiako-Asante, the directive by the Bank of Ghana to banks not to pay a […]

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Don’t pay salaries with stimulus package – Economist ‘warns’ gov’t

Don’t pay salaries with stimulus package – Economist ‘warns’ gov’t Professor William Baah Boateng, the Head of Economics Department at the University of Ghana, Legon, has cautioned the government to desist from thinking of using its novel Coronavirus stimulus package to pay salaries of employees. Rather, the money should be used to support ‘dying’ businesses […]

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COVID-19: GUTA Overjoyed As GPHA Suspends Charges On Uncleared Cargo

COVID-19: GUTA Overjoyed As GPHA Suspends Charges On Uncleared Cargo The Ghana Ports and Harbours Authority (GPHA) has suspended all applicable charges that were initially imposed on goods which had not been cleared from the ports during the lockdown period. The Authority had earlier announced that it had begun expediting the clearance process for all […]

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