Month: July 2023

President Akufo-Addo Commissions €11.5 Million Water Supply Project At Adaklu
03 Jul

President Akufo-Addo Commissions €11.5 Million Water Supply Project At Adaklu

Kakra NunuBusiness, Featured
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Monday, 3rd July 2023, commissioned Phase Three of the Five Districts Water Supply Project at Adaklu in the Volta Region, a project for which he cut the sod in September 2020. The project, financed by a concessionary facility from Raiffeisen Bank International AG of Austria, at a cost of €11.5 million, will benefit some 89,150 people in 95 communities in Central Tongu, Adaklu and Agotime-Ziope. According to President Akufo-Addo, who addressed a gathering at Adaklu, some of the key components of the Project are the construction of three (3) concrete…
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Make Sure Whatever You Sell Is Safe For Human Consumption – FDA Warns Food Vendors
03 Jul

Make Sure Whatever You Sell Is Safe For Human Consumption – FDA Warns Food Vendors

Wontumi2Business
The Food and Drugs Authority (FDA) has warned food vendors to make sure the food they sell is safe for human consumption. The Ashanti Regional Head of Food and Drugs Authority, John Laryea Odai Tettey, in an interview with Citi News also called on food vendors to register their businesses and keep all purchased receipts for documentation. He noted that his outfit has collaborated with the environmental health unit of the Metropolitan Municipal and District Assemblies (MMDAs) to embark on routine checks at their vending points. “We have collaborated with the environmental health unit of the Metropolitan Municipal and District…
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ORC Extends Deadline For Filing Annual Returns And Renewals To September 30
03 Jul

ORC Extends Deadline For Filing Annual Returns And Renewals To September 30

Wontumi2Business,
The Office of the Registrar of Companies (ORC) has extended the grace period for the filing of annual returns and renewals to September 30, 2023. The new extension, according to the ORC is to enable companies and businesses in default to complete the processes for filing their Annual Returns and Renewals which they invariably could not complete due to the downtime experienced by a software application system throughout the period. A statement issued by and signed by Registrar of Companies, Jemima Oware noted the deadline extension applies to Business Names, Companies Limited by Shares, Companies Limited by Guarantee (Churches, Schools,…
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Taxation Practitioners Must Show High Professional Conduct And Values – Prof. Gatsi
03 Jul

Taxation Practitioners Must Show High Professional Conduct And Values – Prof. Gatsi

Wontumi2Business
The Dean of the School of Business at the University of Cape Coast (UCC), Professor John Gartchie Gatsi has called on taxation practitioners to exhibit high professional conduct and moral values in their professional practice. He said practitioners must imbibe into their practice, the code of conduct governing the profession and maintain commitment at all levels. Professor Gatsi was delivering a lecture the 2023 graduating class of the Chartered Institute of Taxation Ghana (CITG), on the topic: "Professional conduct and the role of members in protecting the image of the Chartered Institute of Taxation Ghana. He said the purpose of…
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Government Approves Plan Of Development Of DWT/CTP Block For Pecan Energies
03 Jul

Government Approves Plan Of Development Of DWT/CTP Block For Pecan Energies

Wontumi2Business
Government through the Ministry of Energy has approved the Plan of Development (PoD) for Pecan Energies, the operator of the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana. A statement issued by the firm on July 3, 2023 noted that the development has the GDP potential to uplift about $10 billion for the Ghanaian economy from the DWT/CTP block. President and CEO of the Africa Finance Corporation in his remarks said, “With this milestone, we believe that the future of the Pecan and other associated fields on the Block shines bright, bringing with it promising economic prospects and sustainable growth…
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T-Bills: Government Misses Target By Over GH¢500 Million As Interest Rates Rise
03 Jul

T-Bills: Government Misses Target By Over GH¢500 Million As Interest Rates Rise

Wontumi2Business
The results from the government’s latest treasury bill auction have shown that the government failed to meet its auction target by GH¢519.76 million. According to the results, the government gained GH¢2.39 billion from the auction. This was 17% away from the target of GH¢2.93 billion. According to the Bank of Ghana includes the target includes a sell buy-back of GH¢1.01 billion which matures and will be rolled over on July 6, 2023. The subscriptions for the auction held on June 30 were from only the 91-day and 182-day bills. Meanwhile, interest rates have been rising in the past few weeks.…
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Thomas Partey Attracts Interest From AS Monaco As Summer Exit Looms – Reports
03 Jul

Thomas Partey Attracts Interest From AS Monaco As Summer Exit Looms – Reports

Wontumi2Sports
Arsenal midfielder Thomas Partey is attracting attention from AS Monaco, according to reports. The Ghana international's representatives are reportedly working on a potential summer departure, as stated by The Athletic. It has been revealed that there is interest from Saudi Arabia in the former Atletico Madrid midfielder, who is currently under contract with The Gunners until 2025. However, European clubs are also interested, with Monaco being among them. Additionally, several clubs in Italy are rumoured to be keen on acquiring Partey's services, although their identities have yet to be disclosed. Monaco are expected to be in the market for a…
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Maleace Asamoah Joins League One Side Fleetwood Town
03 Jul

Maleace Asamoah Joins League One Side Fleetwood Town

Wontumi2Sports
English League One side Fleetwood has announced the signing of Maleace Asamoah in the ongoing summer transfer window. The right winger, who has drawn interest from teams throughout the nation, has chosen to sign a one-year contract with the club having the option for an additional year. The son of striker Derek Asamoah, Asamoah recently played for Super League clubs Kalamata and Olympiacos Volos in Greece, but he returned to play for New Salamis with his father. This week, the 20-year-old will meet his new teammates before joining Matthew Lawlor's Development Squad as they resume preseason training at Poolfoot Farm…
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Scottish-Born Ghanaian Ewan Otoo Names Thomas Partey As His Idol
03 Jul

Scottish-Born Ghanaian Ewan Otoo Names Thomas Partey As His Idol

Wontumi2Sports
Scottish-born Ghanaian international, Ewan Otoo has named Arsenal midfielder, Thomas Partey as his idol. The promising 20-year-old recently crossed the carpet from Scottish giants Celtic to Dunfermline Athletic following an initial successful loan period with the side. Thebdefender who sometimes plays a holding midfielder has disclosed that Partey is his idol and can’t wait to play with him one day. “I love Partey. I admire him a lot because he’s my idol. As an Arsenal fan, I always watch him and I like the way he plays,” Ewan told footballmadeinghana.com.gh “Also, maybe because I am a versatile defensive player, I…
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Arsenal Potentially Selling Thomas Partey Would Surprise Me – John Barnes
03 Jul

Arsenal Potentially Selling Thomas Partey Would Surprise Me – John Barnes

Wontumi2Sports
Former England international and football pundit John Barnes has expressed his astonishment at the possibility of Arsenal parting ways with midfielder Thomas Partey. Amidst the transfer speculation surrounding the Ghanaian star, Barnes shared his disbelief, suggesting that the Gunners' potential decision to offload the talented midfielder would catch him completely off guard. The former Atlético Madrid midfielder, who was evaluated as surplus to requirements ahead of the 2023/24 football season, is about to leave the London club. According to reports, Saudi clubs are interested in signing the Black Stars midfielder. Serie A club Juventus has also been to the Gunners…
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