Month: August 2023

GPL Clubs Await Approval From Club Licensing Committee Ahead Of 2023/24 Season

GPL Clubs Await Approval From Club Licensing Committee Ahead Of 2023/24 Season

The Ghana Football Association's Club Licensing Committee have reviewed the applications of the 18 Premier League clubs to participate in the 2023/24 Ghana Premier League season via the CAF Club Licensing Platform (CLOP). The Committee, led by Chairman Dr. Kwame Baah-Nuakoh, will make decisions on the applications after evaluating the clubs in five thematic areas: Sporting, Infrastructure, Legal, Financial, and Personnel and administrative. The clubs will be eagerly anticipating approval by the Committee in the next few days to be sure of where and how to compete in the next campaign with regards to the areas of review. The Committee…
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Government Inaugurates $10 Million Factory To Process Cocoa Pulp Into Fruit Juice For Export

Government Inaugurates $10 Million Factory To Process Cocoa Pulp Into Fruit Juice For Export

The Minister of Trade and Industry, Kobina Tahir Hammond, on behalf of President Akufo-Addo, has inaugurated a $10 million state-of-the-art, environmentally sustainable factory, in Akim Achiase in the Eastern Region of Ghana. The factory, which has been established to process cocoa pulp into fruit juice for export, is the biggest of its kind to be built in Africa by KOA. According to the Minister, the project will enable Ghana to convert the otherwise wasted cocoa pulp into products of higher quality and value such as fruit juices – a process globally known as up-cycling. He observed that the project proves, without…
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Government Working To Reduce Over-Reliance On T-Bills – Finance Ministry

Government Working To Reduce Over-Reliance On T-Bills – Finance Ministry

Minister of State responsible for Finance, Dr Amin Adam has said government is working to reduce over-reliance on Treasury Bill instruments to finance its initiatives. Since Ghana has been been shut out from the international capital markets, government has had to resort to borrowing from the T-Bills market to sustain the economy. But Dr Amin Adam, who was speaking in an interview on JoyNews' PM Express Business edition said government will continue to embark on an aggressive revenue mobilisation drive to secure the needed liquidity to address financing obligations. “Government is working to reduce its over-reliance on T-bills by aggressively…
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Budapest 2023: Curtain Draws On Show-Stopping Championships As USA Dominate

Budapest 2023: Curtain Draws On Show-Stopping Championships As USA Dominate

In the end, it was left to Femke Bol to bring down the curtain on the wonderful World Athletics Championships Budapest 23. In fittingly show-stopping style. Eight days on from falling short of the winning line in the mixed 4x400m, the Flying Dutchwoman made up a 10-metre deficit on the final leg to snatch women’s 4x400m gold for the Netherlands in the last few strides. There was also a dramatic comeback win for Jakob Ingebrigtsen in the men’s 5000m, the Norwegian clawing his way past Spain’s Mohamed Katir to bounce back from his surprise 1500m defeat. Kenya’s Mary Moraa produced another…
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Energy Ministry Debunks IMANI, ACEP Claims Of Wrongdoing In Genser-GNPC Deal

Energy Ministry Debunks IMANI, ACEP Claims Of Wrongdoing In Genser-GNPC Deal

The Ministry of Energy has debunked claims in a report authored by the Africa Centre for Energy Policy (ACEP) and IMANI Center for Policy & Education regarding an enquiry report by the Parliamentary Select Committee on Mines and Energy pertaining to the Gas Sales Agreement between the Ghana National Petroleum Corporation and Genser Energy Ghana Limited. ACEP and IMANI in a joint report, among others accused the Energy Minister, Dr. Matthew Opoku Prempeh for inconsistencies, when he appeared before the Parliament’s Select Committee on November 24, 2022. But the Ministry in a statement issued on August 28, 2023 rebutted the claims in the report…
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GRA Must Intensify Tax Collections From ‘Night Market’ Operators, Extractive Industry – Coalition

GRA Must Intensify Tax Collections From ‘Night Market’ Operators, Extractive Industry – Coalition

The Chairman of the Tax Justice Coalition (TJC), Vitus Azeem, has urged the Ghana Revenue Authority to capitalize on operators of “night market” businesses into the tax net. Night market operators include nightclubs, lounge bars, night shopping centers, artisans, and grocery shops that work at night. This was part of the suggestions the coalition made to the Authority to enable the expansion of the tax net. He made various propositions including the amendment of the vehicle tax component, enforcement of tax collection from the extractive sector, and also the intensification of public education. Speaking at a news conference on the topic: “An…
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Contractors Working On Roads Linking Fuel Depots Have Abandoned The Project – Tanker Drivers

Contractors Working On Roads Linking Fuel Depots Have Abandoned The Project – Tanker Drivers

Vice Chairman of the Ghana National Petroleum Tanker Drivers Union, Sunday Alabi, has asserted that contractors working on roads linking fuel depots were nowhere to be found. He stated that works on Takoradi and Kumasi roads have been abandoned by these contractors government awarded the contract Mr Alabi noted that although works had commenced on the roads linking to the depots, they have been left unattended to. He said the Association looks forward to the government keeping its promise to complete the road project. “As we speak now, the contractors are not on the road the way they started the…
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Canada Ghana Chamber Of Commerce Holds 3rd CEOs Connect With Focus On Trade And Investments To Boost Growth

Canada Ghana Chamber Of Commerce Holds 3rd CEOs Connect With Focus On Trade And Investments To Boost Growth

The Canada Ghana Chamber of Commerce has held the 3rd edition of its CEOs Connect in Accra with a key focus on trade and investments to rapidly grow the Ghanaian economy. The event brought together Chief Executives and Directors of various public and private organizations including members of the Chamber. The programme was on the theme: “Financing and Growing Businesses”. Speaking at the summit, Deputy Minister of Trade and Industry, Nana Ama Dokua reiterated the government’s commitment to expanding the economy through international trade and investments to boost foreign earnings. Delivering the keynote address, she encouraged Ghanaian businesses to leverage…
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Steve Harvey And His Wife Finally Address Cheating, Divorce Rumors

Steve Harvey And His Wife Finally Address Cheating, Divorce Rumors

Ace American TV host, Steve Harvey has refuted reports that his wife, Marjorie Bridges, cheated on him with their bodyguard and personal chef. Over the weekend, the internet went wild with rumors that Marjorie committed adultery with their staff, and filed for a divorce after getting caught. It was also alleged that she was demanding $200m of Steve’s worth. This caused a huge buzz online, with some netizens 'dragging' Marjorie and labeling Steve a ‘simp’ in their marriage. However, the 66-year-old TV host debunked the rumour while speaking at the Invest Fest 2023 in Atlanta on Sunday, August 27. Speaking…
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Don’t Blame Shatta Wale For The State Of The Industry – Mr Logic

Don’t Blame Shatta Wale For The State Of The Industry – Mr Logic

Showbiz entrepreneur and pundit, Mr. Logic, has highlighted that attributing the challenges faced by the Ghana music industry solely to artistes like Shatta Wale is wrong. In a discussion on United Showbiz on August 26, Mr. Logic explained that the common negative comparisons and criticisms that Ghanaian artistes face are some of the factors that discourage potential investors from the industry. He added that these negative narratives make it difficult for artistes who have the potential to achieve feats similar to those of their Nigerian counterparts. "Who says Shatta Wale, who has been in the industry for the longest running,…
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