Author: newsfilegh

Amaris Terminal has been adjudged the Promising Terminal of the Year at this year’s Ghana Shippers Awards held at the Kempinski Hotel in Accra. Managing Director of the company Alex Atakorah also emerged as the Discovery of the Year at the awards ceremony which is the third in series and organised by the Ghana Shippers Authority and Globe Productions. Mr. Atakorah said the award is a demonstration of how great teamwork produces results. “As an innovative company, the objective is to become a one-stop shop for the industry, while intensifying efforts to improve customer interaction to achieve client satisfaction” he noted.…

The squads of Ghana Rugby and the Ivorian Rugby Federation for the first of a historic tri-nations West African rugby tournament hosted by Ghana Rugby in Elmina-Ghana at the Nduom Sports Stadium were announced after a Team Managers’ Meeting. The match is scheduled to kick off at 11 am Ghana time and it is the first of three matches. The second match will be played at the same venue on Wednesday 31 July 2019 between Ivory Coast and Nigeria with the last match taking place on Saturday 3 August 2019 between Ghana and Nigeria. In the previous encounter between Ghana…

The Government of Ghana is set to convert all ‘take-or-pay’ power contracts to ‘take-and-pay’ agreements as part of efforts to save the country money paid for unused power. Finance Minister Ken Ofori Atta disclosed this while presenting the Mid-year Budget Review on the floor of Parliament on Monday, July 29. With take-or-pay contracts, government pay for the capacity of power produced whether or not that capacity is consumed, but with the intended pay-and-take contract, government only gets to pay for the exact amount of power consumed and not what is produced. Per the existing contract signed by the previous administration,…

The Government of Ghana is set to convert all ‘take-or-pay’ power contracts to ‘take-and-pay’ agreements as part of efforts to save the country money paid for unused power. Finance Minister Ken Ofori Atta disclosed this while presenting the Mid-year Budget Review on the floor of Parliament on Monday, July 29. With take-or-pay contracts, government pay for the capacity of power produced whether or not that capacity is consumed, but with the intended pay-and-take contract, government only gets to pay for the exact amount of power consumed and not what is produced. Per the existing contract signed by the previous administration,…

A former deputy Finance Minister Cassiel Ato Forson has criticised government for its decision to broaden and increase the country’s communication service tax (CST), popularly referred to as talk tax, by 50 per cent. Introduced in 2008 at an ad valorem rate of six per cent, the Finance Minister Ken Ofori-Atta announced Monday during the 2019 mid-year review budget that the government intends to increase the tax to nine per cent. The tax is levied on charges payable by consumers for the use of communication services. The increment, the minister explained, is to develop the foundation for the creation of…

Persons who use communication related services should brace up to pay more for these services. This is because government has increased the Communication Service Tax from six percent to nine percent, Finance Minister Ken Ofori-Atta announced on Monday. The tax was introduced in 2008 at an ad valorem rate of six percent. “Government proposes to increase the tax to nine percent to develop the foundation for the creation of a viable technology ecosystem in the country,” the minister said when he presented the mid-year fiscal policy review of the 2019 budget statement and economic policy and supplementary estimates of the…

Persons who use communication related services should brace up to pay more for these services. This is because government has increased the Communication Service Tax from six percent to nine percent, Finance Minister Ken Ofori-Atta announced on Monday. The tax was introduced in 2008 at an ad valorem rate of six percent. “Government proposes to increase the tax to nine percent to develop the foundation for the creation of a viable technology ecosystem in the country,” the minister said when he presented the mid-year fiscal policy review of the 2019 budget statement and economic policy and supplementary estimates of the…

Finance Minister  Ken Ofori Atta says President Nana Akufo- Addo has lived up to his promise of protecting the public purse, claiming he has so far saved the nation some  2.75 billion cedis in contracts. This, he said, was achieved through the review of contracts awarded by the previous government without following due procurement processes. Presenting the 2019 Mid-Year Budget Review in Parliament Monday, the minister observed the Public Procurement Authority made considerable progress in saving the public purse since the Akufo-Addo government assumed office in January 2017. “Mr Speaker, in a space of 31 months (from January 2017 to…

The Accra High Court has granted bail to four of the eight accused persons standing trial for the kidnapping of two Canadians in Kumasi. Each of them was admitted to bail in the sum of 200,000 with two sureties one of which must be justified. As part of their bail conditions, Abdul Nasir, Seidu Abubakari aka NBA, Safianu Abubakari and Abdul Rahman Suleiman aka Worfa are to report tp the Kumasi Central Police Station every Monday. The court presided over by Justice George Buadi, granted the bail following application by the lawyers of the four. Hearing continues on August 12,…

The sterling performance by one of President Nana Addo Dankwa Akufo Addo’s appointees in the Food and Agriculture sector continue to attract commendations from both home and abroad. The African Business Chamber of Commerce (ABCC) and the West African Regional Magazine (TWARM) at the weekend honored the Chief Executive of the National Food Buffer Stock Company (NAFCO), Mr. Hanan Abdul-Wahab with the West African Regional Magazine (TWARM) Business & Leadership Award. The honor, a special recognition award in the agriculture sector and for sustainable food security in Ghana was in recognition of Mr. Abdul-Wahab’s leadership role in turning around the…