Scaramucci sacked as Trump media chief

White House communications director Anthony Scaramucci has been fired after fewer than 10 days in the post. The former Wall Street financier had drawn criticism after calling a reporter to give a profanity-laced tirade against his colleagues. Mr Trump’s chief of staff Reince Priebus and spokesman Sean Spicer both left their posts with his appointment. […]

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Malawi ex-president, Joyce Banda, wanted by police over $250m corruption case

A Malawian court has granted the police a warrant of arrest in respect of the country’s former president, Joyce Banda. According to a police statement tweeted by a journalist in the country, the order is in respect of a corruption scandal that took place during her tenure as president. “The Malawi police wishes to inform […]

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Owere Mines accused of selling concessions to illegal miners

The staff of Owere Mines are blaming administrators of the company for the thriving illegal mining on the company’s concessions. They accuse the leadership of the mining firm of leasing part of the company’s concession to small-scale miners, further attracting illegal miners. About a week ago two people died when an illegal mining pit on […]

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Highlights of the mid-year fiscal policy review

INTRODUCTION 2017 Mid-year Review Fiscal Policy Review is the first to be done under Section 28 of the Public Financial Management Act, 2016 (Act 921) In fulfilment of the President’s promise, Government has: a· Abolished the 1 percent Special Import Levy which was imposed mainly on imported raw materials and machinery; b· Abolished the 17.5 […]

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Maltese businesses explore investment opportunities

July 31, 2017 Source: B&FT Online | Ghana The Ghana Investment Promotion Centre (GIPC) held an investment presentation for a 28-member business delegation from Malta, on a variety of business and investment opportunities here in Ghana. The meeting, co-ordinated in partnership with the Ministry for Foreign Affairs and Trade Promotion, TradeMalta, and the Honorary Consulate […]

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Gov’t reviews deficit target to 6.3 percent

July 31, 2017 Source: Norvan Acquah – Hayford/thebftonline.com/Ghana The government of Nana Addo Dankwa Akufo-Addo has reviewed downwards the country’s fiscal deficit target for 2017 from 6.5 percent to 6.3 percent of GDP. According to the Finance Minister Ken Ofori-Atta, the reduction is as a result of government inability to meet its revenue target for […]

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First Deputy Governor of BoG retires

The First Deputy Governor of the Bank of Ghana (BoG) Mr. Milison Narh has retired. A statement from the central bank stated that Mr. Millison Narh paid a courtesy call on the President Nana Addo Dankwa Akufo Addo this afternoon – 31st July, 2017 to announce his retirement. Present at that meeting were the Vice […]

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Asempa Budget brought Ghanaians hope – Finance Minister

The New Patriotic Party (NPP) government’s maiden budget statement has brought relief to Ghanaians, by stabilizing and putting the economy on the track for development. This was revealed by the Finance Minister, Ken Ofori Atta who said the government’s maiden budget statement has brought Ghanaians hope. The 2017 Budget, which was the first of the […]

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Court quashes deportation of Indian businessman by Interior Ministry

An Accra High Court has quashed a decision by the Interior Minister Ambrose Derry who deported an Indian National Ashok Kumar Sivaramout from Ghana. According to court by presided over by Justice Kwaku Ackah Boafo, the Interior Minister exceeded his jurisdiction by determining fraud against the plaintiff without recourse to the court. He further indicated […]

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NPP’s job for the boys mantra under attack

Opposition political parties are condemning comments made by two leading members of the governing NPP over their comments suggesting government appointees must give job preferences to party supporters. Youth Organiser, Sammy Awuku, and Acting General Secretary, John Boadu, said NPP supporters should be favoured during recruitments and award of contracts. The two are convinced that […]

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