A BILL seeking to provide for a statutory restructuring procedure to assist companies to remain in business has been passed by Parliament in a unanimous vote. The passage of the
Hospitality Industry Urges 65% Reduction In Utility Bills
The National Hospitality Association of Ghana (NHAG) has appealed to the government to reduce electricity and water tariffs by at least 65%. It has also called for the suspension of
BoG Extends Deadline For Minimum Capital Requirement
Dr Ernest Addison The Bank of Ghana (BoG) has announced the extension of the deadline for commercial banks to meet their Minimum Capital Requirement. The banks were expected to meet
Ofori-Atta Predicts Drop In 2020 GDP
Ken Ofori-Atta Minister of Finance, Ken Ofori-Atta has said Ghana has begun experiencing slowdown in the various sectors of the economy as a result of the coronavirus pandemic. The slowdown
ADB Fights Covid-19 With GHC1m
The Managing Director of Agricultural Development Bank (ADB), Dr. John Kofi Mensah has announced a GHC1 million package to support the government’s fight against the novel Coronavirus (COVID-19) pandemic. The
Nana Announce Stimulus Package For Businesses
President Akufo-Addo President Akufo-Addo has outlined a number of relief packages for business community to mitigate the effects of the Covid-19 pandemic. This is to cushion them during the two
No Fuel Shortages During 2 Weeks Lockdown – NPA
Alhassan Tampuli The National Petroleum Authority (NPA) has assured that gas filling station shall remain open during the two weeks lockdown in some parts of Ghana. It has therefore encouraged
GCB Provides GH¢100,000 To Fight Covid-19
Anselm Ray Sowah presenting a dummy cheque to the Health Minister GCB BANK Ltd has provided GH¢100,000 support to government in the fight against the spread of the Coronavirus (COVID-19)
1m Housing Units Coming
Samuel Atta-Akyea THE MINISTER of Works and Housing, Samuel Atta-Akyea, has said the government is keen to deliver one million housing units towards addressing the acute housing shortage for the
Virtual Office Solution For Public Workers
President Nana Akudo PRESIDENT NANA Addo Dankwa Akufo-Addo, in an effort to ensure government continuity and to provide a safe working environment for public servants during the COVID-19 pandemic, has
Covid-19 Cushion: Republic Bank Defers Loan Repayment
Farid Antar Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited (RFHL) has announced an offer of Loan Repayment Deferment for Customers and Staff of the Bank for a
Bawumia Launches Universal QR Code
Vice President Dr Mahamudu Bawumia Vice President Dr Mahamudu Bawumia has launched Ghana’s Universal Quick Response (QR) Code and Proxy Pay system in Accra. While QR CODE payment systems have
Oil To Trade Around US$10, Fuel To Fall Again
The price of crude oil may fall to US$10 per barrel as the world runs out of storage space amid the COVID-19 outbreak. Credit rating agency S&P has warned the