NPA to deploy automated fuel dispensers to implement 24-hour economy.
The Chief Executive of the NPA, Mr. Godwin Kudzo Tameklo Esq., said the initial phase might include the deployment of automated dispensers at selected petroleum retail outlets,
NCA to Shut Down Six Radio Stations Under Sam George’s Direction
The Minister for Communication, Digital Technology, and Innovations has directed the Acting Director General of the National Communications Authority (NCA) to take immediate enforcement action against several entities for operating without valid frequency authorisations, in violation of Section 2(4) of the Electronic Communications Act, 2008 (Act 775)
Temporal Halt on All Currency Bureau Operations in Support of the Government Change Movement
The Movement for Change, one of the independent political groups in the 2024 general elections, has charged the Finance Minister, Cassiel Ato Forson, to dissolve all forex bureaux in the country to allow foreign currencies to be exchanged directly at commercial banks.
Addressing a press conference in Accra on Tuesday, February 18, the spokesperson for the Movement for Change, Andrew Appiah Danquah, called on the government to completely overhaul the forex sector, scrap levies such as the betting tax, and maintain the flat rate for Micro, Medium and Small Enterprises (MMSEs).
The Movement believes this will go a long way in restoring financial confidence in the financial sector.
“The stabilisation of the local economy is of prime importance in maintaining a healthy economy. In this regard, while working towards a more robust and comprehensive medium to long-term solution, particularly in the area of boosting exports and enhancing import substitution, the ministry should introduce some short-term policy interventions designed to regulate the demand and supply of foreign exchange.
“In this regard, government should suspend with immediate effect until further notice. The operation of all forex bureaux and mandate all forex transactions to be conducted through the commercial banks and the Bank of Ghana. In addition, government-existent regulations on the retention of frauds from export revenue must be strictly enforced.”
Ofori-Atta removed from list of wanted persons as he returns for probe.
This announcement follows a period of uncertainty about Ofori-Atta’s whereabouts, which led the OSP to declare him wanted as part of its investigation into corruption-related offences.
Cedi continues concrete performance against dollar, one dollar equals GH¢15.75
The Ghana cedi continued its strong performance against the US dollar in the retail market yesterday February 17, 2025, after a week of mixed performance against the major foreign currencies.
KNUST Creates a Locally Manufactured Device to Evaluate Strength of Materials
The Kwame Nkrumah University of Science and Technology (KNUST) has developed a locally-made machine designed to test the strength of various materials.
The use of an AI scanner to find possible potholes
New artificial intelligence (AI) technology could help a council detect potential potholes before they become a problem
IMF to Ghana: You Can’t Borrow More Than $250 Million in 2025
Ghana cannot borrow more than $250 million in external loans—including commercial loans—in 2025, under a borrowing cap as part of a Memorandum of Understanding (MOU) with its Official Creditor Committee (OCC)
Saving vs. Investing: Which is Better?
When it comes to financial planning, two key strategies often come into play: saving and investing
President Mahama declares assets and urges Public Officers to Declare Assets by March 31 or Face Removal!
The declaration was made public on Tuesday, February 18, 2025, at the Jubilee House.