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GRIDCo needs to be transparent with the public
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GRIDCo needs to be transparent with the public


Summary short_text

This comes on the back of the recent visit the minister made to the company to address the issue of power outages in the country.

He further stated that to power affordability there is the need to bridge the dependability gap before the country thinks about affordability.


Source: GhanaWeb |
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'Dumsor is collapsing our business'
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'Dumsor is collapsing our business'


Summary short_text

EIB's Ashanti regional correspondent, Isaac Bediako, reported the cold store operators are angry that the government has failed to issue a timetable and also failed to truthfully acknowledge that the Ashanti region is suffering from severe power cuts.

The traders are therefore calling on the government to speed up work on the supposed transmission lines to end the current intermittent power supply which is collapsing their business.


Source: GhanaWeb |
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Gains made in Ghana's ports attributed to strategic investments, automation and customer friendly practices
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Gains made in Ghana's ports attributed to strategic investments, automation and customer friendly practices


Summary short_text

According to the General Manager in charge of Marketing and Corporate Affairs at the Ghana Ports and Harbours Authority, Mrs. Esther Gyebi-Donkor, this is indicative of the strides Ghana's ports have made towards becoming the preferred trade and logistics hub in the sub region.

She highlighted the significant gains made from automation in the ports, such as the Paperless Port Clearance Processes and the implementation of the Integrated Customs Management System which has not only streamlined the activities of statutory agencies operating in the clearance chain, but has impacted the cost of doing business at the ports considerably.


Source: GhanaWeb |
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Ghana to leverage National Export Development Strategy
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Ghana to leverage National Export Development Strategy


Summary short_text

Dr. Afua Asare said regional roadshows throughout the 16 regions of the country have been embarked on to sensitize stakeholders on the National Export Development Strategy.

She added that it is also imperative to augment the capacity of women traders in the country who represent 65% of the SME space, as it is a sure way of positioning the country for success in intra-African trade.


Source: GhanaWeb |
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IFRIG holds 2nd Islamic Finance training for Muslim clergy in Takoradi
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IFRIG holds 2nd Islamic Finance training for Muslim clergy in Takoradi


Summary short_text

For his part, the Director General of IFRIG and PhD Fellow with Jiangsu University, Shaibu, Ali, presented a nationwide research conducted by the institute on the level of information that Muslims and non-Muslims had on the subject of Islamic Finance.

Participants who spoke to journalists after the event showed willingness to embrace the idea and help champion Islamic finance with their unique role as members of the clergy.


Source: GhanaWeb |
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GPHA, GRA and Shippers' Authority to ensure efficiency in cargo auctioning at Ghana's ports
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GPHA, GRA and Shippers' Authority to ensure efficiency in cargo auctioning at Ghana's ports


Summary short_text

Michael Luguje, who is the President of the Ports Management Association of West and Central Africa, explained that this has made shipping lines factor in more risk when using Ghanaian ports.

Michael Luguje revealed that GPHA is collaborating with key institutions such as the Ghana Maritime Authority, Ghana Navy, and National Security, to ensure that Ghana's maritime security is augmented in the wake of piracy threats in the Gulf of Guinea.


Source: GhanaWeb |
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SEC drafts new guidelines to check misappropriation of investments
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SEC drafts new guidelines to check misappropriation of investments


Summary short_text

The collapse of some management firms was attributed to a third party and related transactions.

He further added that the commission is preparing a review of act 929 following lessons learnt from the financial cleanup exercise.


Source: GhanaWeb |
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Bank of Ghana probing money transfer infractions among banks, financial institutions
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Bank of Ghana probing money transfer infractions among banks, financial institutions


Summary short_text

Philip Danso, Chief Manager at the Banking Supervision Department, BoG. According to him, a wide range of steps are being undertaken to ascertain every paper trail that is related to the money transfer breaches.

Philip Danso further disclosed that there have been some bank-related transfers that were done without a Technology Transfer Agreement.


Source: GhanaWeb |
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GRA begins investigations into tax evasion allegations against firms
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GRA begins investigations into tax evasion allegations against firms


Summary short_text

According to the GRA, penalties will be given to firms that a found guilty of perpetrating such acts.

The tax authority further refuted claims that it had failed to live up to its mandate.


Source: GhanaWeb |
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Halt distribution of petroleum products to OMCs that evade tax
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Halt distribution of petroleum products to OMCs that evade tax


Summary short_text

According to him, many of such third-party OMCs have over a period evaded honoring their tax obligations for the distribution and transportation of petroleum products across the country.

Data released by petroleum regulator, the NPA showed that Ghana has between 2015 and 2019 lost over GH¢4.7 billion in tax revenue as a result of illegal petroleum sector activities by the OMCs.


Source: GhanaWeb |
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BoG adopts integrated risk-based supervisory approach for digital financial services
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BoG adopts integrated risk-based supervisory approach for digital financial services


Summary short_text

In particular, she explained, approvals of products, services, and technology outsourcing arrangements proposed by banks and non-banks or FinTechs are reviewed in a holistic manner by relevant Departments from various perspectives including prudential, market conduct, financial integrity, and payment systems risk perspectives.

The use of Suptech to automate data collection and analytics on a disaggregated basis first which was introduced in 2018 for electronic money issuers, has more recently been augmented under the artificial intelligence-powered Online Regulatory and Analytics Surveillance System to cover all banks and other licensed financial services providers under the Bank of Ghana's regulatory perimeter, she explained.


Source: GhanaWeb |
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Leakages in petroleum product distribution worrying
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Leakages in petroleum product distribution worrying


Summary short_text

Dr. Bawumia revealed staggering losses in petroleum revenue to government due to illegal activities in petroleum distribution, adding that the initiative by the NPA will end the malady of revenue loss and significantly boost government revenue.

Dr Bawumia underscored the significance of the innovation to the overall development agenda of government, highlighting the importance of petroleum revenue.


Source: GhanaWeb |
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GPHA to introduce e-payment platform to enhance ease of doing business
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GPHA to introduce e-payment platform to enhance ease of doing business


Summary short_text

Mrs. Esther Gyebi-Donkor said the Port Authority prides itself on customer satisfaction and always seeks to find improved ways of making doing business at the ports more convenient for clients.

She highlighted the significant gains made from automation in the ports, such as the Paperless Port Clearance Processes and the implementation of the Integrated Customs Management System, which has not only streamlined the activities of statutory agencies operating in the clearance chain, but has impacted the cost of doing business at the ports considerably.


Source: GhanaWeb |
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Association of Traditional Healers
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Association of Traditional Healers


Summary short_text

To the Traditional it would create more jobs for unemployed youth.

About 40 countries, according to the WHO, have adopted national policies and legal frameworks for traditional health care practice, serving as guides for action to ensure access to quality traditional medicine products.


Source: GhanaWeb |
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2021 Census: GSS commences final phase workshop for National Trainers
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2021 Census: GSS commences final phase workshop for National Trainers


Summary short_text

The National Trainers will train the Regional Trainers who are also responsible for training the approximately 75,000 Field Officers ahead of the data collection for the Census.

83 prospective trainers from the Western Region will be trained in Takoradi; 114 prospective trainers from the Central Region will be trained in Winneba; whereas180 prospective trainers from the Greater Accra Region will be trained in Accra; 247 prospective trainers from the Eastern, Oti and Volta regions will be trained in Ho; and 270 prospective trainers from the Ashanti region will be trained in Kumasi.


Source: GhanaWeb |
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Get the HUAWEI WATCH Fit now at GHS559 and Enjoy a Free Gift Box – Citi Business News
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Get the HUAWEI WATCH Fit now at GHS559 and Enjoy a Free Gift Box – Citi Business News


Summary short_text

Wait! There is more, the HUAWEI WATCH FIT comes with approximately 130+ gorgeous watch faces to choose from, and you can even set the display's background to one of your favourite photos from your phone; i.e. your child, your love, your pet or perhaps a selfie of yourself! Weighing just 21g, and with a 30mm body, and 10.7 mm thickness, this smartwatch is light and suitable for everyday wear.

If you feel tense or stressed-out, with the help of HUAWEI TruRelaxTM technology, the HUAWEI WATCH FIT can keep track of your relaxation data providing you with 24/7 pressure monitoring, which allows you to maintain a relaxed state of mind at all times.

The HUAWEI WATCH FIT supports 96 workout modes, 11 professional sports modes and 85 free sports modes including workout, dance, racket sports, water sports, snow sports, extreme sports and more.


Source: CitiNewsRoom |
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File your taxes electronically
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File your taxes electronically


Summary short_text

Ammishaddai Owusu-Amoah, Commissioner-General of GRA. Commissioner General at the GRA, Rev. Ammishaddai Owusu-Amoah, told TV3 in an interview on Thursday, April 8, that the electron way of filing taxes has been introduced in order to make it easier to do so.

He explained that although people are used to filing manually, they have to try and accept the new ways doing things.


Source: GhanaWeb |
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Ghana to leverage on National Export Development Strategy
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Ghana to leverage on National Export Development Strategy


Summary short_text

Dr. Afua Asare said regional roadshows throughout the 16 regions of the country have been embarked on to sensitize stakeholders on the National Export Development Strategy.

She added that it is also imperative to augment the capacity of women traders in the country who represent 65% of the SME space, as it is a sure way of positioning the country for success in intra-African trade.


Source: GhanaWeb |
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Ernest Chemist introduces first herbal cough syrup – Citi Business News
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Ernest Chemist introduces first herbal cough syrup – Citi Business News


Summary short_text

With the increasing demand for herbal products, pharmaceutical company, Ernest Chemist Limited has been driven to introduce a new line of herbal drugs, with its very first being the Honeykof herbal mixture.

In light of this, the newly launched cough syrup, Honeykof Herbal Cough syrup is set to meet the increasing demand for herbal medicines from the company.

Unlike its other cough syrups, Ernest Chemist's Honeykof Herbal Cough is a non-drowsy syrup, made with honey and plant extracts of Herbal with the of bringing relief from cough and, sore throat and Throat irritation.


Source: CitiNewsRoom |
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GSS begins training for 2021 Population and Housing Census national trainers – Citi Business News
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GSS begins training for 2021 Population and Housing Census national trainers – Citi Business News


Summary short_text

The final phase of training of National Trainers for the 2021 Population and Housing Census commences today, Thursday 8th April 2021.

National Trainers are crucial to the success of the 2021 PHC training strategy which aims for quality standardised training at all levels and in the selected training centres.

The National Trainers will train the Regional Trainers who are also responsible for training the approximately 75,000 Field Officers ahead of the data collection for the Census.


Source: CitiNewsRoom |
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