Managing Director of Bulk Oil Storage & Transportation Company Limited (BOST), Edwin Provencal, has called on government to approve the implementation of the adjusted BOST margin levy of GH¢0.03 per litre to GH¢0.12 to ensure efficient running of the organization.
He explained that the current BOST margin of GH¢0.03, which...
The average standard of living of Ghanaians virtually experienced no change between 2018 and 2019 as figures from the Ghana Statistical Service (GSS) show that the GDP per capita of the economy marginally declined between the period.
The data indicates that per capita GDP – which simply divides a country’s...
Even before government would finalize modalities for the disbursement of the stimulus package, the Trade Union Congress (TUC), has sent a caution to Small and Medium Enterprises (SMEs) who may benefit, saying, the monies are not meant for expansion but to ensure the survival of businesses.
The Chairman for the...
When it comes to medical diagnostics devices, Africa is seen mainly as a consumer not a producer. But young African Scientists like Dr. Laud Anthony Basing, the Medical Laboratory Scientist behind the COVID-19 Rapid Diagnostic Test kits manufactured in Ghana, are determined to change that narrative as the continent,...
Global Community has cautioned against bauxite mining in the Atewa Forest, listing it among ‘high risk’ ventures that should not be included in China's Covid-19 financial support projects.
According to A Rocha Ghana and several other NGOs in Ghana, mining Bauxite in Atewa Forest is not eligible for the Chinese...
The Techiman main market, which was shut down for about a week, has been reopened for commercial activities with the establishment of additional eight satellites market centres to ease congestion amid the fight against coronavirus (COVID-19) in the country.
The Techiman Municipal Assembly in the Bono East capital closed the...
The March 2020 Banking Sector Report has shown that the cedi’s strength against major trading currencies such as the dollar in the first two months of this year has made it unattractive for depositors to hold foreign currency accounts.
The figures reveal that out of GH¢83.1billion in total deposits, only...
Losses drop from GH¢2bn to GH¢100m
looks to brighter future
The Volta River Authority (VRA) has reported a significant improvement in net losses year-on-year from about GH¢1.2billion to GH¢100million at the end of 2019, representing a 91.6 percent reduction.
The reduction is attributed to strategic actions such as the implementation...
… serves as some relief during COVID-19 outbreak
Civil servants have been smiling to the bank as their salaries have seen a 15 percent raise from the month of March. The pay rise was agreed as far back as August 2016 and effected in March 2020, thus bringing some...
Vivo Energy Ghana, the Shell licensee, in partnership with its retailers has launched a novel sustainable initiative dubbed the ‘Retailer Sustainability Programme’ to implement human-centred projects in communities where it operates, with a focus on COVID-19 prevention.
The Retailer Sustainability Programme forms part of Vivo Energy Ghana’s present comprehensive programme...