Tag: Finance

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Parliament Approves ¢854m For Energy Ministry

Parliament has approved a budgetary allocation of ¢854,062,706 for the Ministry of Energy for the 2021 financial year. The breakdown for the expenditure includes Employee Compensation of ¢4.4 million, Goods and Services ¢6.3 million, Capital Expenditure and ABFA ¢76 million, Retained IGF(Energy Commission) ¢68.3 million and Development Partners (DP) Funds ¢679.4 million. The Chairman of the Committee on Mines and Energy, Mr Samuel Atta Akyea presenting the Committee’s … Continue reading Parliament Approves ¢854m For Energy Ministry

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Vodafone Ghana named Africa’s best employer in Africa for the third consecutive year – www.EweGhana.Net

The Top Employers Institute has certified telecommunications giant, Vodafone Ghana, as a Top Employer in Africa for the third consecutive year according to annual research.  The certification was based on a Human Resource (HR) Best Practices Survey that covered six HR domains consisting of 20 topics such as People Strategy, Work Environment, Talent Acquisition, Learning, Well-being and Diversity & Inclusion and more.  This remarkable achievement affirms Vodafone’s position … Continue reading Vodafone Ghana named Africa’s best employer in Africa for the third consecutive year – www.EweGhana.Net

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Who will ride Ghana’s economic horse to post-coronvirus victory?

As Ghanaians went to the polls on Monday December, 7 to choose a President, whoever emerges victorious will have to hit the ground running, with little room for a honeymoon, owing to the devastation caused to the economy by the COVID-19 pandemic. In the past three years, economic growth has hovered above six percent, making the country one of the high flyers in the sub-region. … Continue reading Who will ride Ghana’s economic horse to post-coronvirus victory?

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The 2020 election winners face immediate economic tasks

Whoever wins the ongoing Presidential and parliamentary elections there are immediate macro-economic challenges they will have to confront. On the upside both of the two leading political parties – the incumbent New Patriotic Party and the opposition National Democratic Congress – know exactly what those challenges are and what needs to be done to resolve them. The downside however is that the state’s purse lacks … Continue reading The 2020 election winners face immediate economic tasks

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500 Kayayei empowered with knowledge and vocational skills

  A cohort of 500 Kayayei (female head porters), have been empowered under the United Nation Population Fund’s (UNFPA), ‘Kayayei Assistance Project’ (KASPRO), to lessen their vulnerability and position them towards self-development. The beneficiaries, who were selected from the Tema Station area in Accra, were provided with education on Sexual and Reproductive Health Right (SRHR); Sexual and Gender-Based Violence (SGBV); Vocational training in business and … Continue reading 500 Kayayei empowered with knowledge and vocational skills

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MoTI not disbursing COVID-19 stimulus package; ignore fake website – Trade Ministry

  The Ministry of Trade and Industry has said it is not distributing any “entrepreneurship funding programme”, as part of the government’s COVID-19 economic stimulus package and called on the general public to disregard any false claims to that effect. The disclaimer follows the circulation of a fake URL purported to belong to the Ministry, which encourages people to apply for the supposed “funding programme.” … Continue reading MoTI not disbursing COVID-19 stimulus package; ignore fake website – Trade Ministry

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Foreign trips: I don’t owe a pesewa, not accoutable to you – Domelevo to Audit Service Board

On-leave Auditor-General Daniel Yao Domelevo has said not a pesewa is outstanding against him for any advance or imprest that he took for any of his foreign travels. His comment comes after Prof Edward Dua Agyemang, Board Chair of the Audit Service, wrote to him to return an amount of $4,020.00 that was released to him as accountable imprest during his foreign travel in March … Continue reading Foreign trips: I don’t owe a pesewa, not accoutable to you – Domelevo to Audit Service Board

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JM promises to pay principals of Menzgolders

Former President John Mahama has promised to pay the principals invested by Menzgold customers should he win the 7 December 2020 polls. According to the presidential candidate of the main opposition National Democratic Congress (NDC), his next government will launch an investigation into the collapsed of Menzgold and top up whatever assets are left of it to pay the principals of the investors because they … Continue reading JM promises to pay principals of Menzgolders

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Gold’s big question: Can the bull market outlive a pandemic?

Gold’s record-breaking bull market is facing an existential question after this month’s pharmaceutical breakthroughs: what happens to the rally once Covid-19 vaccines start rolling out? Gold is viewed by many as the archetypal haven asset, inevitably driven higher in times of turmoil. By that logic, a beginning of the end of the crisis would signal a turning point for the rally. But the precious metal … Continue reading Gold’s big question: Can the bull market outlive a pandemic?

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Nissan appoints Japan Motors as vehicle assembly partner in Ghana

Nissan has appointed longtime partner Japan Motors Trading Co. as its local partner in an all-new vehicle assembly facility in Accra. The appointment is a result of the 2018 memorandum of understanding between Nissan and the government of Ghana to lay the foundation for a sustainable automotive manufacturing industry in the country. The first model to be assembled at the new facility will be the … Continue reading Nissan appoints Japan Motors as vehicle assembly partner in Ghana

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