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Economy

ECG proposes 148% increase in electricity tariff

If government fails to subsidise electricity tariff, consumers could pay for an astronomical increment in light bills from August 2022, as the Electricity Company of Ghana demands 148% increase in tariff. A proposal from the power distributor submitted to the Public Utilities Regulatory Commission (PURC), wants the adjustment to cover the…
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Hohoe-Dodo Pepesu Road 94% Complete

The construction of 56.4 kilometres of the Hohoe–Jasikan – Dodo Pepesu road of the Eastern Corridor Road is 94 percent completed, says the Ministry of Roads and Highways. According to the Ministry, the project which started in August 2018 is expected to be fully completed in June 2022. The Road forms part of the Eastern Corridor Road that…
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Monetary policy rate reviewed upwards to 17%

Monetary policy rate reviewed upwards to 17% Bank of Ghana Governor, Ernest Addison Central bank reviews its policy rate from 14.5% to 17% Inflation, among other factors contributed to this new decision The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 250 basis points from 14.5% to 17%.…
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Lands Minister Clashes With Chairman Of PAC Over E-levy

Lands Minister Clashes With Chairman Of PAC Over E-levy The Minister of Lands and Natural Resources, Samuel Abu Jinapor, clashed with Chairman of the Public Accounts Committee (PAC) of Parliament, James Klutse Avedzi over the Electronic Transaction Levy (E-Levy) during the Committee’s public hearing on Tuesday. The Committee, on Monday…
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N/R:Tamale interchange is 99% complete-Amoako Atta

N/R:Tamale interchange is 99% complete-Amoako Atta The Minister for Roads and Highways, Kwasi Amoako Atta, has disclosed that, the ongoing Tamale Interchange is 99% complete. The interchange project commenced in December 2019 and scheduled for completion by June 2022 but the Minister told Parliament on Friday that "actual works are expected…
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VIP JEOUN TRANSPORT SERVICE ANNOUNCES NEW FARES

VIP JEOUN TRANSPORT SERVICE ANNOUNCES NEW FARES Management of the VIP JEOUN Transport Service has announced new transport fares as part of its decision to adjust its fares. The transport company indicates that, the adjustment is as a result of the rising prices of variables associated with transportation Operations. According to the…
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Global Evangelical Church donate to Appiatse victims

Global Evangelical Church donate to Appiatse victims The Right Reverend Prosper Samuel Dzomeku, Moderator of the Global Evangelical Church (GEC), has, on behalf of the church, presented assorted items to the survivors of the Appeatse explosion disaster. The items included copies of the Holy Bible, bags of rice, cartons of tinned tomatoes,…
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I’m hesitant to drive my Land Cruiser around in light of the fact that individuals are irate – Mahama Ayariga

I'm hesitant to drive my Land Cruiser around in light of the fact that individuals are irate - Mahama Ayariga Mahama Ayariga points out on government to focus on the worries of Ghanaians Youngsters targeting becoming legislators to accumulate abundance, Ayariga A majority rules system isn't really creating pioneers who are issue solvers,…
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PRESS RELEASE: The Position of the Ndc Caucus in Parliament on the 1.75% E-levy Proposed by Government in the 2022 Budget Statement

The NDC Caucus in Parliament wishes to assure Ghanaians that it will continue to use every legitimate and lawful channel to resist the 1.75% E-Levy government is seeking to impose on the ordinary Ghanaian. For the avoidance of doubt, the position of the NDC Caucus in Parliament right from the outset of the 2022 Budget debate has been that the…
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Ghana Ranked 9th African Country With Highest Chinese Debt

Ghana has been ranked as one of the countries on the African continent that is heavily indebted to Asian superpower, China. China over the past few years has established itself as one of the world’s economic superpowers and as such the Asian country has become one of the biggest lenders to the world’s poorest continent, Africa. Whiles Chinese…
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