Implementation of the Cylinder Recirculation Model, which is expected to begin this year, will create an estimated 4,500 new jobs along different levels of the supply chain.
An official statement from the Corporate Affairs Division of the National Petroleum Authority (NPA) said: “Direct job losses are estimated to be about...
The Minority in Parliament has urged the President, to remove Finance Minister, Ken Ofori-Atta from office for breach of the Public Financial Management Act, conflict of interest as cited in the CHRAJ report in relation to the us $2.25 billion bond issuance in 2017.
Addressing a press conference...
Brent reaches highest in five years
Ghana averagely imports more oil that it exports
Ghana will likely hedge its oil imports under a new risk management strategy to keep fiscal consolidation on track as global crude prices recover, a finance ministry source told Reuters on Monday.
Brent crude futures hit...
B&FT’s Online Editor, Richard Annerquaye Abbey, has been adjudged the Best in Information Communication Technology reporting at the Flamingo Awards, organised by the Institute of Financial and Economic Journalism (IFEJ).
Mr. Abbey was recognised for his article that raised questions on why the Bank of Ghana sidestepped the Ghana Interbank...
Ghana Cocoa Board (Cocobod) is vigorously exploring prospects in the Chinese market for the country’s premium cocoa products, for which reason meetings have been ongoing between the two sides.
Cocobod also plans to make a good showing at the maiden China International Import Exposition to be held in Shanghai from...
The tax revenue collection mobilised by the Ghana Revenue Authority’s (GRA) domestic division and processed through the Ghana Community Network Systems Limited’s (GCNet) Total Revenue Integrated Processing System (trips) in 2017 has hit ¢16 billion.
This is according to figures available to thebftonline.com from the systems operator (GCNet) and it...
Corruption is a major contributor to Africa’s stunted development.
By corroding and weakening governance institutions and the democratic values of human rights, gender equality, justice, and the rule of law, it has hindered the continent’s progress toward peace and prosperity.
A 2002 AU study estimated that Africa loses about $150 billion...
The Ministry of Tourism, Arts and Culture has received a US$50million grant from the World Bank to support its activities and agencies to make the sector more vibrant.
Addressing the media at the ‘Meet the Press’ series in Accra, the sector minister Catherine Afeku explained that the grant’s prime focus...
The Minister for Local Government and Rural Development, Hajia Alima Mahama, has directed the Registrar of Births and Deaths to review the directive banning the registration of some Ghanaian names.
The directive was contained in a 2009 standard operating procedure manual and has been in force since then.
However, Ghanaians have...