Economics

Nationwide blackout: Power expected by 10am

Dumsor

The Ghana Grid Company Limited (GRIDCo) has given assurance that power will be restored across the country by 10am.

A statement signed by the Head of Public Relations, Albert Kwesi Quainoo said Wednesday night’s nationwide blackout was a result of a surge that resulted in a shutdown of generators in the power system.

The statement noted that details of the cause of the outage would be communicated on the completion of preliminary investigations.


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Akufo-Addo wants Ghana-Togo borders open 24hrs

President Nana Akufo Addo with Togolese President Faure Gnassingbé.

President Nana Akufo-Addo is advocating a 24-hour opening of the Ghana and Togo borders in a bid which he said will boost trade and tourism between the countries.

He said the opening of the borders will give true meaning to the ECOWAS Protocols on Free Movement of Goods and Persons and will spur on progress and prosperity for both nationals.

The President said it will ensure that the peoples of the two nations reap the economic benefits thereof.


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So-called ‘ghost names’ contain 13,800 of our members – NAGRAT

NAGRAT President, Christian Adai Poku

The National Association of Graduate Teachers (NAGRAT) is raising red flags about the authenticity of the over 26,589 ghost names government said have been removed on the payroll.

NAGRAT President, Christian Adai Poku told Evans Mensah on Joy FM’s Newsnite Wednesday, a total of 13,800 members of the Association have been captured in the supposed list of ghost names.

He said NAGRAT had anticipated the challenge but thought the Finance Ministry would have taken steps to rectify any outstanding anomalies.

NAGRAT President, Christian Adai Poku


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Labour unions question gov't's 'ghost names'

Finance Minister, Ken Ofori-Atta

Labour unions including the Ghana Medical Association (GMA) have questioned Government’s claim that it has saved millions of cedis by cleaning the public payroll and removing ghost names.

Their scepticism follows complaints by some of their members whose names have been mistakenly removed from the payroll.

The GMA, for instance, say the exercise has been riddled with errors.


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Ghana on the verge of petroleum crisis; gov't warned

Shortage of fuel

The Association of Oil Marketing Companies (AOMCs) has called on the government to regulate the growing activities of black market petroleum dealers which it says are pushing Ghana towards a petroleum crisis.

“Given the gravity of Petroleum Black Market dealers, we members of the AOMCs give the government 48 hours to bring this menace to an end.


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Akufo-Addo visits Togo, Burkina Faso and Cote d’Ivoire this week

Akufo-Addo visits Togo, Burkina Faso and Cote d’Ivoire this week

Akufo-Addo visits Togo, Burkina Faso and Cote d’Ivoire this week

Photo: akufo_addo.jpg
Photo: akufo_addo.jpg

The President, Nana Addo Dankwa Akufo-Addo on Tuesday left Ghana for Togo as part of a series of visits to Ghana’s three neighouring countries this week.

A statement issued by Mr Eugene Arhin, Director of Communications at the presidency, said the visit was to afford the President the opportunity to formally introduce himself as the new Ghanaian leader to the governments and people of the neighbouring countries.

The visit is also to enable the President explore and deepen bilateral relations with them, and reiterate Ghana’s full commitment to the ECOWAS project.


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Adopt productive attitudes during work hours - Akufo-Addo

President Akufo Addo addressing workers

The President, Nana Akufo-Addo has asked all workers to adopt productive work attitudes in order to fast-track Ghana's development.

Akufo-Adoo during his May Day address today (May 1) at the Independence Square lamented how a section of the Ghanaian workforce after arriving at work every day spend the first hour at work praying and tardying about instead of working.

The President noted that such workers often displayed gross disrespect towards their employers and work hours.


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United States partners Ghana to improve Tourism Sector

Kakum National Park

Accra, April 28, GNA - The United States government has collaborated with some tourism sector stakeholders to enhance the capacity of operators in the hospitality industry in Ghana with the aim of increasing tourism outflow in the country.

Mr Daniel Fennell, the Counselor for the Public Affairs Department of the United States embassy in Ghana said in an interview with the Ghana News Agency (GNA) at the sidelines of the maiden Tourism Booster seminar that his country was committed to developing the tourism industry in Ghana.


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Ghana Employers’ Association commends workers on May Day

Mr Alex Frimpong - Chief Executive Officer of the Ghana Employers’ Association

The Ghana Employers’ Association (GEA) has commended Organised Labour and all workers of Ghana for their immense and invaluable contribution towards the promotion, sustenance and development of the socio-economic wellbeing of the Ghanaian.

“The monumental sacrifices made by the working people of Ghana towards nation building and national progress are highly commended.

A statement signed by Mr Alex Frimpong, the Chief Executive Officer of GEA and copied to the Ghana News Agency has indicated.


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Ghana is the best place to invest – Foreign Affairs Minister

Shirley Ayorkor Botchway, Minister of Foreign Affairs

The Ministry of Foreign Affairs and Regional Integration has assured the business community of higher returns on their investments in Ghana than anywhere in the West Africa sub-region.

The Ministry has therefore urged prospective investors, especially from Latvia, to consider Ghana as the gateway to a wider West African markets of over 300 million people.

The political and micro-economic stability were all available for the benefit of anyone seeking to do business in Ghana, Mr Edwin Adjei, Acting Chief Director of the Foreign Ministry noted.


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