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Business and Finance

Ghana’s Vice President allays fear of China Colonializing Africa

The Vice President of Ghana, Dr. Mahamudu Bawumia, has discounted fears or assertions that China’s aggressive investment in Africa is a new strategy to colonialize Africa. Supporting his comments with a report by Mckinsey, the Vice President pointed out that, “Findings are contrary to the view out there that China’s ...

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Majority Caucus accuses their counterpart in minority of lies

  The Majority Caucus in Parliament has accused their counterparts on the minority side for peddling falsehood, fear and panick in the Bulk Oil Storage and Transportation Company (BOST)contaminated fuel sale to Movenpiina saga. Speaking at a press conference to respond to issues raised by the minority on Tuesday, the ...

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INAUGURATION OF MINISTERIAL ADVISORY BOARD

The Ministry of Energy has finally inaugurated the Ministerial Advisory Board to investigate the circumstances that led to the release of 5 million litres of off-sec fuel from the Accra Plains Depot of the Bulk Oil Storage and Transportation Company (BOST); and the subsequent evacuation of a total of 471,000 ...

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Minister of Energy to set up ministerial committee to investigate BOST saga

The Minister of Energy, Hon Boakye Agyarko, is in the process of setting up an eight member investigative committee to delve into the release of 5 million litres of off-sec fuel from the Accra Plains Depot of the Bulk Oil Storage and Transportation Company (BOST); and the subsequent evacuation of ...

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Minority demands immediate interdiction of BOST MD

The minority caucus in parliament has demanded the immediate interdiction of the Bulk Oil Storage and Transportation Limited (BOST) Managing Director, Mr. Alfred Obeng Boateng, for causing financial loss to the state. According to the minority caucus, as a result of the corrupt action of the BOST MD, the state ...

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Review Hire Purchase Law to cover “work and pay”

The Member of Parliament for the Manhyia North Constituency, Hon Collins Owusu Amankwah, has appealed to parliament as a matter of equity and fairness, to review the existing law on hire purchase (Hire Purchase Act, 1974 NRCD 292) to include work and pay business. Work and pay arrangement is a ...

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