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Komenda Sugar Factory to restart operations

The government has initiated processes to revive operations at the Komenda Sugar Factory in the Central Region. A technical report which provides the road map for the revival of the project has been developed, the Minister of Trade and Industry, Mr Alan Kwadwo Kyerematen, has announced. Besides, he said, the …

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Energy Sector Bond yields GH¢3.4bn

After extending the deadline for the Energy Sector Bond for a day last week, the government still failed to raise the total targeted amount of GH¢6 billion from the investing public. The government issued the bond in two separate tranches of seven years and 10 years but managed to realise …

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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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