It’s summertime in the capital of The Netherlands, Amsterdam. The sun is shining bright and the weather is warm, cyclists, trekkers are all enjoying the welcoming embrace of the bright weather and cool breeze that brushes the face as one walks across the streets with clear demarcations for pedestrians, cyclists and motorists. Thousands from all … The post Amsterdam
One day after presenting a mid-year review of Ghana’s 2018 budgtet, the country’s Minister of Finance, Ken Ofori-Atta has been elected the Chairman of the governing Board of the African Capacity Building Foundation (ACBF) at the African Union agency’s 27th Board of Governors meeting currently going on in the Cameroonian capital Yaoundé . Mr. Ofori-Atta … The post Ken
Following the decision of one of its Board members to resign from the Board of Directors for personal reasons, Twitter Inc. yesterday announced the appointment of former Finance Minister of Nigeria, Dr. Mrs Ngozi Okonjo-Iweala and Robert Zoellick as new independent directors on board with immediate effect. Executive Chairman of Twitter Inc., Omid Kordestani said … The post Twitter
Following the decision of one of its Board members to resign from the Board of Directors for personal reasons, Twitter Inc. yesterday announced the appointment of former Finance Minister of Nigeria, Dr. Mrs Ngozi Okonjo-Iweala and Robert Zoellick as new independent directors on board with immediate effect. Executive Chairman of Twitter Inc., Omid Kordestani said … The post Twitter
African countries have so far contributed $3.38 million towards capacity building in addressing the continent’s transformational growth needs. But the amount is only 34 per cent of the targeted $5 million earmarked by the African Capacity Building Foundation (ACBF), the technical arm of the African Union on capacity building for a five-year strategy unveiled last … The post ACBF
The Ghana National Petroleum Corporation (GNPC) has lifted four parcels of crude oil on behalf of the State in the first five months of 2018, compared with three liftings in 2017. This involved 3.96 million barrels of crude oil, compared with 2.89 million barrels in the same period in 2017. Mr Ken Ofori-Atta, Minister for … The post Ghana
Mr Ken Ofori-Atta , Minister of Finance, has stated the 2018 fiscal total revenue and expenditure amounted to GH¢50,686.2 million, 0.7 percent lower than the original 2018 Budget estimate of GH¢51,039.1 million. Mr Ofori-Atta explained that the key revisions to the revenues were occasioned mainly by the proposed new tax measures, enhanced tax compliance as … The post Ghana’s
Mr Ken Ofori-Atta, the Minister of Finance, said to date, GH¢899,524,466.30 has been released for the 2017/18 academic year for the Free SHS Programme. He said in addition, sufficient allocation has been made in the 2018 budget to cover the first term of the 2018/19 academic year. The Minister said to address the initial challenges … The post Government
Mr. Ken Ofori Atta, Minister for Finance, has revised revenue targets for 2018 downward from GH¢51, 039.1 million stated in the 2018 budget to GH¢50, 686.2 million, 0.7 percent lower, based on the lower than expected revenues in the first five months of the year. Total revenue and Grants for January to May 2018,, fell … The post Finance Minister reviews revenue
Minister of Finance, Mr Ken Ofori-Atta has indicated in Parliament that the government has released GH¢30 million to tackle initial cost in the ongoing Nation Builders Corps programme in Ghana. He said the GH¢30 million used so far for the initial cost of the programme, is out of the GH¢600 million been provided by the … The post Government to invest GH¢600m
Government will allocate an amount of $200 million for “immediate development of a fast train service from Accra to Nsawam and from Accra to Tema,” Mr Ken Ofori-Atta, Finance Minister has said. Mr Ofori-Atta said the construction of the project, which was expected to start by November this year, would decongest the capital city. He … The post Government
President Nana Addo Dankwa Akufo-Addo on Wednesday eulogised South African anti-apartheid icon, Nelson Mandela, saying, his inspiring and principled sacrifice, dedication and devotion to fundamental freedom are unequalled in the annals of Africa’s modern history. “I would, daresay, suggest that, for the rest of the continent, the biggest and most important legacy he (Nelson Mandela) … The post Mandela’s
The focus of the government’s economic management is to shift emphasis from taxation to production to stimulate growth in the private sector as well as to accelerate job creation and prosperity, Mr Ken Ofori Atta stated. Presenting this year’s Mid-Year Budget Review in Parliament, he said in 2017, the Government reduced the tax burden by … The post Proposed
Government has kick-started processes to develop guidelines to regulate borrowing by MDAs and State Owned Enterprises (SOEs) within the limit of the annual borrowing plan developed in line with Government’s debt strategy for the medium term. The guidelines are expected to be finalised by the end of the year 2018, following comprehensive stakeholder consultations and … The post Government
The Government has reiterated its commitment of establishing a National Mortgage and Housing Finance Scheme (NMHFS), as announced in the 2018 Budget and Economic policy. Mr Ken Ofori–Atta, the Minister for Finance during the 2018 mid- year review said, the scheme would provide cheaper local currency mortgages and residential housing finance across the country as … The post Government
The Ghana Boxing Authority (GBA), sent goodwill message to boxing legend Professor Azumah Nelson, on his 60th birthday celebration. The birthday message read, “without doubt Africa’s greatest boxer Azumah Nelson has been inducted into the Boxing Hall of Fame, received many awards and acknowledgements from the world’s premier boxing sanctioning body – The World Boxing … The post GBA
The Ghana Federation of Labour (GFL) has called on the National Identification Authority (NIA) to reconsider its decision to exclude the voter identification card as proof of nationality. The GFL said the uproar among Ghanaians against the exclusion of the Voter’s ID cases was justified noting that “considering the fact that the Voter’s ID card … The post NIA
President Nana Addo Dankwa Akufo-Addo in accordance with article 243(1) of the 1992 Constitution and section 20(1) of the Local Governance Act, Act 936, has nominated Municipal and District Chief Executives (MDCEs) for the newly created Municipal and District Assemblies (MDA). A Statement signed by Hajia Alima Mahama, Minister of Local Government and Rural Development … The post Akufo-Addo
The Ghana Armwrestling Federation (GAF) has announced that, the Greater Accra Passenger Transport Executive (GAPTE), managers of ‘Aayalolo’ as its partner for the Upcoming 9th Africa Armwrestling championship in Ghana, at the DG Hathramani Hall at Accra Sports Stadium from 26th-29th July, 2018. This partnership which would see the transport company conduct the airport shuttling … The post GAF
Ghana Boxing Authority (GBA) has delivered a goodwill message to Raphael Mensah ( 31-0, 23 KOs), as he battles for World Boxing Association (WBA) Super Featherweight champion Alberto Machado (19-0, 16 KOs) from Puerto Rico on Saturday 21, 2018. The feisty bout slated for the Hard Rock Hotel and Casino, Las Vegas would see the two undefeated … The post GBA
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