The National Identification Authority (NIA) has commenced investigation into circumstances leading to 110,936 Ghanaians attempting multiple registration for the Ghana Card. Addressing the Assurances Committee of Parliament on Monday, August 26, 2024, the Executive Secretary of the NIA, Prof. Ken Attafuah, noted that the Authority has withheld the cards. “We have a total of 110,936,...
Category: Business
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Dr. Bawumia rebukes Mahama for speaking on banking sector cleanup without knowledge
Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), has challenged former President John Dramani Mahama to familiarize himself with the receiver’s report on the baking sector clean-up exercise before making comments, urging him to read the report and understand the specifics. Dr Bawumia said that the cleanup exercise in the banking sector...
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President Akufo-Addo Calls SSNIT Hotel Sale Controversy ‘Unnecessary'”
President Nana Addo Dankwa Akufo-Addo has downplayed the controversy surrounding the attempted sale of Social Security and National Insurance Trust (SSNIT) hotels, calling it unnecessary. He cited SSNIT’s recent surplus of GHs 230 million as evidence of the trust’s improved performance. Speaking to organized labor in Accra, the President emphasized the need for measured decision-making...
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Lithium deal appeared rushed, signed without proper due diligence – UTAG-UG
The University Teachers Association of Ghana, University of Ghana Branch (UTAG-UG), is calling on Parliament to rigorously scrutinize the lithium deal between Ghana and Barari DV Ghana Limited when it is laid before the House for ratification. Civil society organizations and other bodies have been calling on the government to take a second look at...
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Rice value chain receives $6.1m investment boost from Mastercard, MiDA
The MasterCard Foundation and the Millennium Development Authority (MiDA) have sealed a $6.1 million deal to transform the country’s rice value chain. This significant collaboration aims to revolutionize Ghana’s rice sector through the implementation of the Harnessing Agricultural Productivity and Prosperity for Youth (HAPPY) Program. Minister of Finance, Ken Ofori-Atta in his remarks highlighted the...
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The Lithium contract needs clarity – IMANI
IMANI Africa has said about the lithium deal that there is nothing in the way the contract has been drafted that will increase the odds of lithium refining happening in Ghana in a way that will boost value addition, quality jobs, public revenues, and local businesses. In the view of IMANI Africa, said the current drafting simply says...
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Group demands removal of GRA boss
A group calling itself Concerned Citizens of Ghana is threatening to picket at the premises of the Ghana Revenue Authority (GRA) on January 15, 2024, over the continuous stay of the Commissioner-General, Rev. Dr. Ammishaddai Owusu-Amoah in office. The group contends that the GRA boss has gone beyond the legal age required for a...
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IMF to help Ghana deal with corruption
Citi News has gathered that the International Monetary Fund (IMF) has received Ghana’s request for technical assistance to deal with corruption. Ghana’s move is in line with its commitments under the $3 billion IMF programme which Ghana is expected to receive a second tranche of $600 million in November this year. The $3 billion IMF programme...
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Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief
Stéphane Roudet, the International Monetary Fund’s (IMF) Mission Chief for Ghana, has lauded Ghana’s economic growth. In an interview on The Point of View on Citi TV, Mr. Roudet intimated that Ghana’s quick economic recovery is surprising and also encouraging, as the country has outperformed the IMF’s projection for the year 2023. He indicated that the IMF had...
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Akufo-Addo has assented to the 3 new taxes – Oppong Nkrumah
President Nana Addo Dankwa Akufo-Addo has assented into law the three new taxes passed by Parliament in March 2023. This was confirmed by Information Minister, Kojo Oppong Nkrumah in an interview with Citi News. Parliament on Friday, March 31, passed the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the Ghana Revenue...