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GH¢172,696 Interest Paid On GH¢196,000 Land Cruiser

The Tamale Technical University has paid GH¢172,696 as interest on the price of a Land Cruiser vehicle purchased at a cost of GH¢196,000. Therefore, the school paid GH¢369,000 for the Land Cruiser vehicle, which is almost double the price. This came to light at a Public Accounts Committee sitting (PAC), …

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Gh₵1.5 Billion Petroleum Revenues To Fuel 2018 Budget

 BenDark BenZeau @bendark2 December 7th, 2017 at 5:59 AM  Share  Tweet Government has projected to spend GHȻ 1.5 billion Ghana Cedis of Petroleum revenues to support the 2018 budget.This is in accordance with the dictates of the Petroleum Revenue Management Act, PRMA.The PRMA requires that not more than 70 percent of Government’s …

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Facebook named the No. 1 place to work in the US

 BenDark BenZeau @bendark2 December 6th, 2017 at 9:49 PM  Share  Tweet It’s been a tumultuous year for Facebook (FB), which has been the subject of scrutiny amid revelations that Russia purchased ads on the social network to meddle with 2016’s U.S. presidential election. But that hasn’t affected how many Facebook employees feel about working there. …

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Safest airport in Africa is KOTOKA.

BenDark BenZeau @bendark2 December 4th, 2017 at 9:50 AM  Share  Tweet The Kotoka International Airport (KIA) has been declared the safest airport in Africa after winning the Airports Council International (ACI) Safety Awards. Read more: : http://biographyradioghana.com/2017/12/safest-airport-in-africa-is-kotoka/ The awards event forms part of efforts to recognize the achievements and progress of all airports …

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Italy Assists Ghana With $25m

President Akufo-Addo with Italian PM, Paolo Gentiloni, leaving the Flagstaff House The Italian government has offered to give an amount of $25 million to help develop Small and Medium Enterprises (SMEs) in Ghana. Italian Prime Minister, Paolo Gentiloni, who led a high-powered delegation to Ghana on Monday, made the announcement …

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Barclays Africa Rebrands In March 2018

Barclays Africa Rebrands In March 2018  November 27, 2017 Barclays Africa is expected to rebrand in March 2018 following its de-consolidation from Barclays PLC, its parent company. In South Africa, its headquarters, the group could adopt new name which is still being discussed, while in its other markets on the …

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Ghana’s debt stock increases by 3 million cedis – BoG

BenDark BenZeau @bendark2 November 27th, 2017 at 10:53 AM  Share  Tweet According to new figures released by the Bank of Ghana(BOG), Ghana’s debt stock as at September 2017 hit 138.9 billion cedis. The figure was contained in the summary of the economic and financial data released after members of Monetary Policy Committee …

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Ghana’s Exports To Turkey Reach $180m

BenDark BenZeau @bendark2 November 25th, 2017 at 7:38 AM Share Tweet Nesrin Bayazit Ghana’s exports to Turkey have increased from $168 million in 2015 to $180.4 million in 2016. The Turkish Ambassador to Ghana, Nesrin Bayazit, revealed this at a meeting in Kumasi with the Ghanaian business community. Turkey is …

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Cement producers fear industry collapse over imported products

Local cement manufacturers are predicting an imminent collapse of the industry should authorities fail to regulate the unfair competition from imported cement. They explain that the lack of punitive mechanisms has led to the dumping of substandard products on the Ghanaian market. A situation, the cement manufacturers contend has rendered …

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IMF forecasts stronger global growth

The global economic recovery is strengthening, according to the International Monetary Fund (IMF). In its latest World Economic Outlook, the IMF has revised its forecast for the global economy and is now expecting slightly stronger growth. It now predicts growth of 3.6% this year and 3.7% in 2018. The IMF’s …

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