President John Dramani Mahama has hinted that his government will in the next five years spend $1bn in constructing roads in all the cocoa producing areas in Ghana, particularly those roads in a deplorable state. Mr Mahama stated that government … Read more →
Government owes the National Health Insurance Authority (NHIA) ?205.12 million in arrears for 2014. The money was collected as National Health Insurance Levy (NHIL) and Social Security and National Insurance Trust (SSNIT) contribution, but was not paid to NHIA fond. … Read more →
Government will this week be turning to some local banks and foreign investors to raise some 630 million cedis. In that regard, the Bank of Ghana is expected to issue a three year bond on behalf of government this Thursday … Read more →
The government hugely exceeded its stipulated expenditure in 2012 – election year – with almost all ministries and departments spending beyond their budgets by more than 300 percent. The Ministry of Energy for instance, was allocated GH¢270 million but ended … Read more →
Government is seeking to borrow an amount of GH¢400 million from both local and foreign investors to manage liquidity and service its debt, among others. In line with this, the Bank of Ghana (BoG) is inviting bids for the issuance … Read more →
Ghana will buy 80 megawatts of power from neighbouring Ivory Coast to ensure Ghanaians can watch the national soccer team’s match against Equatorial Guinea on Thursday, according to the country’s main power supplier. Ghana and Ivory Coast have arrangements to … Read more →
Mr. Kwesi Nyantakyi, President of the Ghana Football Association (GFA), has revealed that, though the government of Ghana was willing to host the 2015 Africa Cup of Nations, it was compelled to shelve the idea because of social pressure. Nyantakyi … Read more →
Preparation are underway to have about 1000 workers of the Ghana Railway Company retrenched to enable the company operate effectively and efficiently. Deputy Transport Minister Hon Joyce Bawa Mogtari who disclosed this during a sensitization workshop on the Railway Master … Read more →
Government has signed a 7 billion dollar agreement with energy firms ENI and VITOL for the development of oil and gas off the western cape three points. The project is expected to augment Ghana’s power needs and ameliorate the increasing … Read more →
The government has described the Ghanaians residents in Germany who demonstrated and allegedly hurled insults at the President on Tuesday as supporters of the New Patriotic Party (NPP). A post on the Facebook page of the Flagstaff House said the … Read more →