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Energy bond realises GH¢2.26 billion

The Energy Sector Bond has received GH¢2.260 billion in bids from investors at the close of the issue period on Thursday. The amount is less than half the total amount of GH¢6 billion the government had targeted to raise to defray the huge energy debt which is crippling the banking …

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Domestic air travel shoots up by 26%

Deputy Finance Minister, Kwaku Kwarteng has disclosed that there has been a 26 percent increase in patronage of domestic airlines since the abolition of the VAT on domestic air fares. The 2017 budget heralded the abolition and review of some 12 key taxes. They included the 17.5% VAT on domestic …

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Former Presby Moderator Demands MASLOC Probe

Former moderator of the Presbyterian Church of Ghana, Rev. Professor Emmanuel Martey, has expressed great disappointment in the President and his style of leadership as according to him, government, has been less responsive to recent corruption scandals in the country. Prof. Martey, asked President Nana Addo Akufo-Addo, to make a …

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Energy C’ssion to audit gas stations nationwide

The Energy Commission is to embark on a nationwide audit of all Gas and fuel stations to ensure that electrical installations and wiring conforms to standards to prevent future outbreaks. According to the commission, wiring and installations of Gas and fuel stations require special electronic installations due to the flammable …

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3-Yr bond yields GH¢892.8m

The government has successfully raised some GH¢892.8 million from the sale of a three-year bond in the week ending September 22. The bond was sold to resident and not resident investors at a coupon rate of 18.25 per cent. Although bids for the bond totalled GH¢940.83 million, the government rejected …

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