Business Archives - Page 387 of 389

08 Apr

Focus Attention On Strengthening The Cedi – Gov’t Told

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Energy Expert and a private legal practitioner Mr Kwame Jantuah has said borrowing by the government should no longer be part of the plan. He said borrowing will only deplete the reserve. Speaking on the New Day show on TV3 Friday April 8 while reacting to the public address by the Vice President Dr Mahamudu Bawumia, he said “we cannot continue to borrow; we can’t continue to deplete our reserve.” “The main issue we have to look at is the Cedi,” he added. Dr Mahamudu Bawumia during the address explained what accounted for the sharp depreciation of the Cedi against the major trading…

08 Apr

BoG To Partner Nat’l Security To Tackle Illegal Foreign Exchange Operations

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The Bank of Ghana (BoG) has served notice that it will continue to tackle illegal foreign exchange operations in the country. The central bank said in a statement that offenders shall be dealt with in accordance with the law. “Bank of Ghana in collaboration with National Security and law enforcement agencies will continue to clamp down on illegal foreign exchange operations. All offenders shall be dealt with in accordance with the law,” the regulator said. The BoG further cautioned against persons who are pricing in dollars in the country. “The general public is hereby notified that the sole legal tender in…

08 Apr

Tamale Airport, Kumasi Airport Phase II, Pokuase Interchange Are Projects From The Loans – Bawumia

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Vice President Dr Mahamudu Bawumia has listed the projects that have been undertaken through the laons that the Akufo-Addo administration has contracted over the years. He said at a forum held by TESCON, students wing of the New Patriotic Party (NPP) on Thursday April 7 that “The projects that we have undertaken from the loans over the years, you will see that we borrowed to build the University of Environment Science and Sustainable Development, that is part of the debt, the Pokuase Interchange is part of the debts, the Tema Mpakadan Railway is part of our debt, the Kumasi Airport Phase 2…

08 Apr

I Understand Economics Than John Mahama- Chairman Wontumi

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The Ashanti Regional Chairman for the New Patriotic Party, Bernard Antwi Boasiako, famously known as Chairman Wontumi has stated that he has critical understanding on running a successful economy than ex-president John Dramani Mahama. According to the most popular Regional Minister, John Mahama has no capability of leading a country like Ghana especially in a time where Covid 19 and Russian-Ukraine war has destroyed the economy. He added that, countries such as London has cancelled all incentives but Ghana is still enjoying several privileges from the government. Chairman Wontumi highlighted on the health insurance, free toll, teacher and nursing training allowance,…

21 Mar

“The Economy Will Rebound Sooner Rather Than Later” – President Akufo-Addo

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The President of the Republic, Nana Addo Dankwa Akufo-Addo, has assured that the policies being implemented by Government, in the wake of the difficulties occasioned by the COVID-19 pandemic, will help the economy rebound faster than anticipated. Acknowledging the difficult times the nation is going through, President Akufo-Addo noted that every country on the face of the planet, is going through challenges brought forth largely by the pandemic of COVID-19. “Ghana is not the only country faced with extraordinary increases in global freight rates, strong inflationary pressures, dramatically rising fuel prices, unprecedented volatility of stock markets, and tighter global financing…

20 Mar

Plastic Waste Is Useful-UPPR General Manager

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The General Manager of UPPR, Mr. Perumalsamy Suresh Kumar has called on Ghanaians to separate their plastic waste at home and forward them to collection or Buy back centres for sale. He said people could make a decent income if they collect broken or used plastics for sale. “UPPR is ready to buy such plastics for processing into waste bins, buckets, chairs and other plastic products.” Mr. Kumar said this when the company organised a one-day tour of the company for journalists in Accra. The tour which came off on Wednesday, March 16, 2022, at its head office at Borteyman…

17 Mar

MESTI, Other Ministries Ready To Work With Waste Companies …In Management Of Plastic Waste

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The Ministries of Sanitation and Water Resources, Fisheries and Aquaculture, Local Government and Education have been urged to sensitise the youth in the management of plastics and waste in general. Making the call during a facility tour of some Zoomlion Ghana Limited’s plastics production plants (PPP) in Accra on Wednesday, March 16, 2022, the Minister of Environment, Science, Technology and Innovation (MESTI), Dr. Kwaku Afriyie, said the central government was aiming for a secular economy. By becoming a secular economy, he noted that Ghana would be able to recycle aluminum cans, e-waste, plastics among others and then also turn them into…

28 Feb

“5.6% GDP Growth In Covid Times Much Better Than 3.4% Under Mahama” – President Akufo-Addo

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“It is encouraging for my government and party, the New Patriotic Party, to recall that the rate of growth of the economy, 5.6%, against the background of the exceptionally difficult circumstances of the COVID-era, is still considerably better than the 3.4% we inherited (in 2016) in calmer times from our predecessor administration.” These were the words of the President of the Republic, Nana Addo Dankwa Akufo-Addo, when he delivered the keynote address at the National Labour Conference, held in Kwahu Nkwatia, in the Eastern Region, on Monday 28th February 2022. According to President Akufo-Addo, Ghanaians “should not forget that, prior…

28 Feb

“E-Levy Will Expand Tax Base For Sustained Dev’t; Reduce Debt Burden” – President Akufo-Addo

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The President of the Republic, Nana Addo Dankwa Akufo-Addo, has described the proposed e-levy as an innovative fiscal measure, which will help improve the country’s tax-to-GDP ratio on an equitable basis. According to President Akufo-Addo, “I believe strongly that it is in the public interest that it should be enacted into law. We cannot continue to live forever on foreign savings. Those who are concerned about our debt burden are right to focus on it as a major pre-occupation.” Delivering the keynote address at the National Labour Conference, held on Monday, 28th February 2022, at Kwahu Nkwatia, in the Eastern…

25 Feb

“You Can Still Pursue A Career In Tech Regardless Your Background”- Divaloper’s Ceo

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The Founder and CEO of Divaloper, Ms. Zulaiha Dobia Abdallah, has charged Ghanaian women to develop interest and pursue a career in technology regardless their background and training. The tech advocate, coder and software developer was speaking at an event organized by the Youth Opportunity and Transformation in Africa, YOTA, in Accra. The theme for event “Journey: Starting out in my career” brought together young men and women from across the country. Ms. Zulaiha Dobia told her audience that “today’s world is driven by technology and COVID 19 has shown us the importance of mastering technology and driving its full…