Politics

I Was Chased Away By Bread Sellers In the Central Region – CEO of A1 bread

The Chief Executive Officer of A1 Bread, Godfried Obeng Boateng has revealed that he was chased away from the Central region by some local bread sellers. According to Mr. Obeng Boateng, members of the Cape Coast Bakers Association and their distributors were uncomfortable with his decision to introduce A1 in Cape Coast and decided to chase his distributors away. The ...

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CURRENCY DEPRECIATION: ONE REASON WHY YOU MUST BE CONCERNED

There are many things that are of prime concern for every nation. Currency depreciation is one of such. The implications of this situation can be beneficial and, in some cases, can be detrimental for any economy. For example, the recent currency depreciation that were experienced by Turkey and Argentina has greatly disturbed these two economies. To explain further, Consumer News ...

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Ghana Revenue Authority To Undertake Excise Tax Stamp Enforcement

The Ghana Revenue Authority (GRA) says its enforcement task force teams will soon conduct unannounced inspection visits to enforce compliance of the Excise Tax Stamp Act. A statement issued by the Commissioner-General of the GRA said, products without the Tax Stamp would be detained and or seized and applicable sanctions imposed. The Act requires that Excise Tax Stamp be affixed ...

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Agyarko’s 3 deputies must go too – IES

The Institute for Energy Security (IES), an energy think tank, has said President Addo Dankwa Akufo-Addo must sack all three deputies of former Energy Minister, Boakye Agyarko, over the failed AMERI power renegotiation agreement. Executive Director of the Institute, Paa Kwasi Anamua Sakyi, said in a statement that it cannot be the case that Mr Agyarko acted alone in the controversial ...

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Government to create more jobs in March – SONA 2018

The State of the Nation Address(SONA) indicates that at least 100, 000 young persons will be given jobs beginning March under the Nation Builders Corps initiative of the Akufo-Addo government. Under the programme, the youth will assist in public sector service delivery in health, education, agriculture, sanitation and the revenue collection department of the Ghana Revenue Authority (GRA). “Stakeholders have ...

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An open letter to the Special Development ministry

Ghanaians have shown their displeasure concerning the budget of the Special Development ministry. Whereas a lot of commentators are concerned about the bloated figures in the budget, I’m more concerned about the intentions of the ministry and what it intends to do. The ministry per its plan for 2018 shows they have an opaque aurora about development. Development is a ...

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GH₵800,000 for Website is a typo – Mavis Hawa Koomson

Mavis Hawa Koomson the Special Development Initiatives Minister,  has rejected reports that her Ministry intends to spend an amount of GH₵800, 000 for the development of a website. The Minister speaking on Starr Today on Thursday, December 21,   explained that the staggering amount contained in the breakdown of the Ministry’s 2018 projected expenditure was an oversight. The Awutu Senya East ...

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$1m one Constituency to Enhance Devt – Bawumia

$1 Million per Constituency

The vice president Dr. Mahamudu Bawumia has reiterated that the government’s pledge to allocate $1 million to each of the 275 constituencies will enhance “bottom-up” development of the country. The governing New Patriotic Party (NPP) during the 2016 electioneering promised to give every constituency a million dollar to deal with problems that are specific to them. In view of the ...

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Government will lose GHC13.6m monthly

Seth Terpker

It is estimated that government will lose GH¢13.6 million every month due to the reduction of seven pesewas in the Price Stabilisation and Recovery Levy (PSRL) on diesel and Liquefied Petroleum Gas (LPG). This comprises GH¢11.9 million directly from the PSRL on the two products and GH¢1.7 million from the Special Petroleum Tax, which is charged on all taxes on ...

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Former World Bank Vice warns………….

Professor Yifu Lin on Ghana

A former senior vice president at the World Bank, Professor Yifu Lin, has warned that Ghana risks losing out on huge investments if it fails to embark on drastic economic reforms. Ghana recently dropped 12 places in the latest World Bank Ease of Doing Business report. Prof Lin believes such reforms could attract the relocation of light manufacturing firms from ...

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