President John Dramani Mahama has indicated the possibility of privatizing the Electricity Company of Ghana (ECG) as part of efforts to address inefficiencies in the country’s power distribution system. The President believes that involving...
President John Dramani Mahama has indicated the possibility of privatizing the Electricity Company of Ghana (ECG) as part of efforts to address inefficiencies in the country’s power distribution system. The President believes that involving the private sector in managing ECG could help resolve longstanding challenges, including operational inefficiencies, financial...
The Director-General of the Social Security and National Insurance Trust (SSNIT), Mr. Kofi Osafo Maafo, faces serious allegations of financial mismanagement, nepotism, and improper personnel appointments. Critics have raised concerns about the management of workers’ pension contributions and claims of unmerited promotions within the organisation. One of the central...
The budget serves as an interim measure ahead of the substantive budget presentation by the incoming Mahama administration later this year. The Finance Minister presented the Expenditure in Advance of Appropriation for January to March 2025 on January 2, 2025. The proposal was subsequently referred to the Joint Committee...
The management of McDan Group has expressed disappointment in the Ghana Airports Company Limited (GACL) over the shutdown of its Private Jet Terminal over a $3 million debt. The debt reportedly comprises land leases, rentals, and terminal charges accumulated over a period. In a statement signed by the CEO,...
Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has raised an alarm on the approval of an electronic servicing agreement worth US$750,000 by the board of the Agricultural Development Bank(ADB). Describing it as a “reckless and unpatriotic” midnight contract, the lawmaker in a post on social media indicated...
President-elect John Dramani Mahama has pledged to review and adjust Ghana’s existing agreements with development partners to align with the country’s current needs and aspirations. Speaking during a courtesy call by the United Nations Resident Coordinator, Charles Abani, Mr Mahama emphasised the importance of creating partnerships that reflected the...
Former Member of Parliament for Kumbungu and ex-Chief Executive of the National Youth Authority, Abdulai Mohammed Mubarak alias Ras Mubarak, has led a lawsuit against leading telecommunications company MTN Ghana (Scancom PLC) at the High Court in Accra. Mubarak is seeking $5 million in damages for what he describes...
Scammers in Ghana are using a new trick to steal money from people’s mobile money accounts. They send a small amount of money, like ¢20, to your account. Then, when you check your balance and enter your pin, they use that chance to get your pin and access your...
Dr Mahamudu Bawumia, the Vice President and Flagbearer of the New Patriotic Party, has reiterated his commitment to creating a friendly economic environment for businesses and the private sector to thrive. That, he said, would drive the transformation of the economy under his presidency. At a special dinner in...
The Bank of Ghana has suspended popular remittance platform, Taptap Sendʼs partnerships with payment service providers and commercial banks for one month, effective November 8, 2024. The BoG said this decision follows Taptap Send’s operation of a cedi remittance wallet, which goes against the Foreign Exchange Act of 2006...