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Banking, Finance and Investment

Auditor General cites MDAs for over GH¢1bn financial irregularities

Auditor General cites MDAs for over GH¢1bn financial irregularities

The audit of Ministries, Departments and Agencies showed that lapses in the management of public finances led to losses of…
SNV Ghana launches project to support and create business opportunities for the youth

SNV Ghana launches project to support and create business opportunities for the youth

The Netherlands Development Organisation (SNV) Ghana, has launched the 2022 edition of the Green Employment and Enterprise Opportunities (GrEEn) Innovation…
¢485m paid as COLA to public sector workers – CAGD

¢485m paid as COLA to public sector workers – CAGD

Government has paid an amount of Four Hundred and Eighty-Five Million Ghana Cedis (GHc485,000,000.00) as Cost of Living Allowance (COLA)…
Col. Damoah removed as Customs Commissioner in the wake of Labianca saga

Col. Damoah removed as Customs Commissioner in the wake of Labianca saga

The Commissioner of the Customs Division of the Ghana Revenue Authority (GRA), Colonel Kwadwo Damoah (rtd), has handed over following the expiration…
‘We’re ready to help stabilise Ghana’s economy’ – IMF boss says after meeting with Ken Ofori-Atta

‘We’re ready to help stabilise Ghana’s economy’ – IMF boss says after meeting with Ken Ofori-Atta

The Chair and Managing Director of the International Monetary Fund (IMF), Kristalina Ivanova Georgieva-Kinova, says her outfit is willing to…
US$750 million Afreximbank cash hits BoG accounts

US$750 million Afreximbank cash hits BoG accounts

OTEC News can confirm that this morning, the vaults of Ghana’s central bank were effectively $750 million heavier, as the much anticipated…
Tax Clearance Certificate Issuance To be Automated Soon – VP Bawumia

Tax Clearance Certificate Issuance To be Automated Soon – VP Bawumia

the Vice President, Dr Mahamudu Bawumia The difficulties, delays and frustrations associated with the acquisition of a Tax Clearance Certificate…
E-levy: New data from Finance Ministry shows government rakes in less than 7% of target

E-levy: New data from Finance Ministry shows government rakes in less than 7% of target

Fresh data from the Finance Ministry has shown a significant shortfall in revenue from the controversial electronic transfer levy. The…
MTN rolls out 5G Network today

MTN rolls out 5G Network today

Having won the 3.5GHz spectrum licence for 5G network rollout since December last year, coupled with the issuance of 5G…
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