Lead Story

Madam Elizabeth Afoley Quaye, the Minister of Fisheries and Aquaculture Development, has refuted claims that she had purportedly encouraged a group of fishermen to undertake illegal fishing activity popularly known as “saiko”. In October last year, reports emerged that the Minister in a closed door meeting with some selected fishermen …

The Controller and Accountant General’s Department (CAGD) has urged government workers who take their salaries through saving and loans companies that have been liquidated for insolvency, to open new bank accounts with banks of their choice to enable payments. Mr Kwasi Kwaning Bosompem, the acting Controller and Accountant-General, in a …

The Bank of Ghana (BoG) is in the process of developing robust framework for implementing a Risk-Based Approach (RBA) to Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) for designated non-financial businesses and professions. Dr Ernest Addison, the Governor, BoG, said this on Tuesday in a speech read on his behalf …

President Nana Addo Dankwa Akufo-Addo has served notice to board members and corporate executives of State Owned Enterprises (SOEs) who defy the statutes governing their institutions to get ready to face the law squarely. He said the Board and management of SOEs and other state entities, who flouted corporate governance …

A careful study of Ghana’s petroleum sector by ghanabusinessnews.com shows that the country will miss its local content target with the deadline set for 2020. The country’s inability to meet its target by next year is mainly due to improper execution of the local content policy which aims at opening …

President Nana Akufo Addo has called on the public to help the security services to flush out “greedy criminal” fertilizer smugglers to ensure farmers enjoyed the full benefit of the subsidized fertilizer programme. “Traditional rulers and indeed all citizens should be on high alert to ensure that smuggling of inputs …

Shareholders and Management of GN Savings Limited, say they have not received any official communication from the Bank of Ghana (BOG) about the revocation of the company’s license for insolvency. This was contained in a press statement signed by Dr. Papa Kwesi Nduom, Chairman and Chief Executive Officer (CEO) of …

The Deputy Minister of Trade and Industry, Carlos Kingsley Ahenkorah, says the informal sector in Ghana contributed some GH¢73 billion to the country’s economy. Mr. Ahenkorah urged local banks to reconsider and bring down their interest rates to improve interest in borrowing. He said the current 26-30 per cent lending …

The government plans to recruit about 4,500 police personnel this year, to boost up internal security, President Nana Addo Dankwa Akufo-Addo has said. He said a good internal security network would foster peace among the people and empower them to freely go about their daily duties without fear. The President …

Ghana’s forests make significant contributions to the country’s economy. Timber exports used to be the third highest contributor to Ghana’s GDP, it might have slid, but still important. However, it appears, there is little purposeful effort to preserve while, fully benefitting from the country’s forest reserves in responsible ways. Despite …