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Tag Archives: billion

Galamseyer’ fined ₵1.2 billion for illegal mining

  Pakyi No. 1 A Circuit Court at Dormaa-Ahenkro in the Dormaa Central Municipality of Bono Region has sentenced Alexander Addo, aged 24 and unemployed, to a fine of GH₵1.2 billion for engaging in small-scale mining without a license. Addo pleaded guilty to the charge. In default, he would serve …

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Kyei-Mensa-Bonsu: COVID-19 pushes Ghana’s debt to GHS291.6 billion

Presenting the 2021 budget statement in Parliament, Kyei-Mensa-Bonsu disclosed Ghana’s current debt stock is GHS 291.6 billion  4,627 1 minute read  Osei Kyei-Mensah-Bonsu COVID-19 pandemic pushed Ghana’s deficit and debts to worrying levels, according to statistics presented in the 2021 budget statement. Presenting the budget statement in Parliament on Friday 12 March …

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GRANT US 10 BILLION CEDIS PERMISSION TO SOLVE THE CRITICAL FINANCIAL AND COVID-19 CHANGES- FINANCE MINISTER

By;brightwebtv/nana asare barimah The minister for finance Ken Ofori-Atta has presented to Parliament a ten billion Ghana cedis paper on the limit of borrowing by government under subsection (6) of Section 30 of the Bank of Ghana Act (Act 612) in the Novel Coronavirus emergency. The request to parliament was …

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Parliament approves GH₵6.3 billion supplementary budget

By:brightwebtv.com/nana asare barimah       Ken Ofori-Atta, Finance Minister Parliament has approved the GH₵ 6.3 billion requested by the Finance Minister, Ken Ofori- Atta for extra expenditure for the 2019 Financial Year. The House, through a majority voice vote, approved the request by the Finance Minister. Joy News’ Parliamentary …

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NAM 1 granted GH¢1 billion bail

By:brightwebtv.com/nana asare barimah   Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah has been granted a GH¢1 billion bail by an Accra Circuit court presided over by Jane Helen Akweley Quaye. This was when he appeared in court Friday morning for the commencement of his trial. The CEO …

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NDC to petition AMIDU over Govt’s 39 Billion CONDOM Contract to Indian company

  By:brightwebtv.com/Nana asare barimah         National Democratic Congress (NDC) Deputy Regional Communication Officer Mr. Eric Adjei has announced plans to take on government over a multi-million cedi contract to an Indian Company for the supply of a huge consignment of condoms for national use. He is set …

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Parliament approves GH₵2 billion request to save five local banks

  By:brightwebtv.com /Martin awuku   The debate on the approval of the GHc2 billion was concluded last Wednesday but the approval was deferred because of a lack of a quorum.       Parliament Thursday approved the issuance of a Sovereign Guarantee of up to GH₵2 billion in favour of …

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