Business
Finance Minister to present budget today

Published
3 months agoon

All is set for the presentation of Ghana’s budget statement and economic policy by the Finance Minister, Cassiel Ato Forson to Parliament today.
This would be the new government’s maiden budget since ascending to the throne in January.
Ghanaians are highly optimistic that the budget would go a long way to cushion people.
They are expecting that the National Democratic Congress (NDC) government will keep it promise and remove the E-levy, Betting Tax, and COVID-19 levy among other tax cuts.
Additional, it is expected that some measures will be introduced to stabilise the local currency and some prudent ways to ensure food security to reduce food inflation.
Ahead of that the Finance Minister has organised national economic dialogue, engageg over 60,000 youths on X, and market women among others to seek their views.
By Edem Mensah-Tsotorme

Telecel Ghana has launched its most rewarding consumer promotion, Telecel 2Moorch Money, a nationwide cash giveaway campaign set to reward customers daily, weekly and climax with a staggering grand prize of GH¢ 1.2 million.
The promo, which runs from June until September, will reward over 10,000 customers with daily, weekly, and grand prize draws.
Throughout the duration of the promotion, 120 customers will each win GH¢ 100 daily; up to eight winners will receive GH¢ 20,000 every week; and at the end of the campaign, the luckiest Telecel user will take home the life-changing sum of GH¢ 1.2 million.
Speaking at the launch held in Accra yesterday, Aneth Muga, Acting Director of Consumer Business at Telecel Ghana, highlighted the telco’s commitment to rewarding its loyal customers.
“Our customers are at the heart of everything we do, and the 2Moorch Money promo is our way of showing appreciation for their continued trust
and loyalty. This year, we’ve taken the rewards a notch higher with more cash, more winners, and more reasons to smile every day on the Telecel network,” she said.
All draws are conducted under the supervision of the National Lottery Authority (NLA) on the Caritas Lottery platform ensuring fairness, transparency, and full regulatory compliance.
At the launch, Beryl Adom, Marketing Executive of NLA, reiterated the organisation’s role in safeguarding the integrity of the promotion.
“As regulators, our role is to ensure that each draw is secure, random, and above all, fair. Telecel customers can participate with full confidence knowing the process is credible and transparent. We take this opportunity to encourage all Ghanaians who wish to participate to do so responsibly and within their means.”
Daily winners will be credited directly via Telecel Cash and notified via SMS only, with no phone calls. However, only weekly and grand prize winners will be contacted directly by an official Telecel representative, with a 48-hour window to claim their prize after which the prize will move to the next winner.
Customers are reminded never to disclose their PINs or make payments to claim prizes, plus it is essential to have an active Telecel Cash account to receive winnings.
Ellen Oparebea Akoi, the grand prize winner of last year’s More Money campaign, shared her experience of how the campaign transformed her life.
“Winning GH¢ 1 million in last year’s promo really changed my life. I will advise customers to join as it can also turn their lives around like it did mine. The 2Moorch Money promo can be your stepping stone in life,” she said.
The Telecel 2Moorch Money Promo is an enhanced version of last year’s highly successful Telecel More Money campaign and is designed to reward the telco’s loyal customers across the country.
The promo is open to all prepaid, hybrid, and enterprise customers with users simply opting in for free and participating by recharging their airtime or buying bundles on the network.
BY KINGSLEY ASARE
Business
Find innovative ways to clear power sector debt —COPEC urges govt

Published
5 days agoon
June 11, 2025
The Chamber of Petroleum Consumers (COPEC) has asked government to develop innovative ways to clear the power sector debt and not unnecessarily burden petroleum consumers with the one cedi fuel levy.
Government as part of measures to clear the power sector debt introduced the one cedi levy on every litre of fuel at the pumps.
The levy, which was assented to by President John Mahama was met with criticisms for lack of engagement with key stakeholders, including the Oil Marketing Companies. The Ghana Revenue Authority has subsequently postponed the implementation of the levy to June 16, 2025.
Speaking to Joy Business in Accra yesterday, the Executive Secretary of COPEC, Duncan Amoah criticised government for imposing the levy on consumers, pointing out that it will increase hardship on Ghanaians.
He advised government to prioritise efficiency in the power sector and cut down financial and technical losses.
“It is as if the Electricity Company of Ghana (ECG) has money that they can use for corrupt things in the power sector and we have allowed them to misuse the money and then they come back to tell us there is no money to pay for the Independent Power Producers and fuel. So Ghanaians must pay through levies,” he said.
Listing some major challenges influencing the power sector debt, Mr Amoah stressed the need to address revenue leakages and transmission losses, particularly on the part of the ECG.
“The power sector debt is not out of vacuum. Something let to the accumulation of the
debt. The transmission losses is one, poor revenue generation and collection, is two, and the use of the revenue is three,” he said.
He added that it was time to punish staff of ECG engaged in acts of corruption that lead to the power distributor making losses.
“The procurement breaches and corruption and blatant disregard for the laws and sometimes even common sense. We must check that,” he said.
Business
Finance Minister tranfers funds to DACF, NHIS and GETFUND

Published
2 weeks agoon
June 4, 2025
The Minister for Finance Hon. Cassiel Ato Forson has disclosed that a sum of nine hundred and Eighty-Seven Million, Nine Hundred and Sixty-Five thousand and Seventy-Three Ghana Cedis (GHS987,965,073.00) from the Consolidated Fund into the District Assembly Common Fund Account, being the first quarter amount due to the DACF.
Furthermore, the Finance Minister informed the House that a total amount of Two Billion, Thirty- Three Million, Four Hundred and Sixty-Nine Thousand, Six Hundred and Seven Ghana Cedis (GHS2,033,469,607) has been disbursed to the National Health Insurance Fund.
While the Ghana Education Trust Fund has also received a total of Two Billion, Seven and Ten Million, Two Hundred and Twenty-Seven Ghana Cedis (GHS2,710,227,947.00) for the months January, February, March and April,2025.
The Finance Minister disclosed this in his statement to Parliament on the payments to statutory funds on the floor of the House.
In addition, he cautioned that the Administrator of the District Assembly Common Fund is required to ensure that 80% of this amount is transferred directly to the Assemblies without fail and expenditure returns submitted to the Ministry of Finance before subsequent releases will be made.
He added that Members are encouraged to monitor the utilization of these amounts sent to their respective Assemblies in line with the approved guidelines by Cabinet.
In his closing remark, Ato Forson said he’s going to take the concerns of the House seriously.
For his part, the Majority Leader, Mahama Ayariga made known the President’s prioritization of women in the country stating that President Mahama is “Pro-women”.
This is due to the fact that women are going to be the core beneficiaries from the expenditures going to be made by the MMDA’s, he added.
The Minority Leader Alexander Afenyo-Markin questioned the Finance Minister why road contractors have not been paid for more than five months. He said the Minister must not be applauded for since the allocation of these funds were long overdue.

GJA seeks justice for assaulted Journalist Latif Iddrissu

Be role models to your children —Fathers told

Farmers, fund and the mafia
Trending
- Politics9 months ago
Voter Register Discrepancies: NDC to stage nationwide protests against EC
- News10 months ago
Arise Royals Montessori School Marks 2nd Graduation.
- More10 months ago
Young people urged to develop their talents
- News6 months ago
King of Igbo Community in Ghana congratulates Mahama as President-elect of Ghana.
- Entertainment11 months ago
Ghanaian musician Champions Gaza Peace with New Track
- News12 months ago
Cancer Support Network Foundation holds gala
- Entertainment11 months ago
Uncle Ebo Whyte Celebrates 41 Years of Marriage with Heartfelt Tribute
- News12 months ago
EC Agrees To NUGS Proposal….Sets Up Voter Transfer Centers On Campuses.
舔阴
May 18, 2025 at 8:42 pm
本网站 提供 丰富的 成人资源,满足 各类人群 的 需求。
无论您喜欢 哪种类型 的 视频,这里都 应有尽有。
所有 资源 都经过 专业整理,确保 高质量 的 视觉享受。
A片
我们支持 多种设备 访问,包括 平板,随时随地 自由浏览。
加入我们,探索 激情时刻 的 私密乐趣。
Davidbek
June 3, 2025 at 2:37 pm
¿Buscas promocódigos recientes de 1xBet? Aquí descubrirás recompensas especiales para tus jugadas.
El código 1x_12121 ofrece a hasta 6500₽ al registrarte .
También , utiliza 1XRUN200 y disfruta una oferta exclusiva de €1500 + 150 giros gratis.
https://judahigdy11101.blog4youth.com/36045022/descubre-cómo-usar-el-código-promocional-1xbet-para-apostar-gratis-en-argentina-méxico-chile-y-más
Revisa las ofertas diarias para conseguir recompensas adicionales .
Todos los códigos funcionan al 100% para 2025 .
No esperes y maximiza tus apuestas con esta plataforma confiable!
ErnestBef
June 7, 2025 at 2:02 pm
Searching for exclusive 1xBet promo codes ? This platform is your best choice to discover top-tier offers tailored for players .
Whether you’re a new user or an experienced player, the available promotions ensures maximum benefits during registration .
Keep an eye on daily deals to maximize your betting experience .
https://www.mazafakas.com/user/profile/7002801
Promotional offers are tested for validity to guarantee reliability this month .
Act now of exclusive perks to enhance your gaming journey with 1xBet.
Haroldtarne
June 8, 2025 at 1:52 pm
Luxury mechanical watches never lose relevance for multiple essential causes.
Their artistic design and legacy distinguish them from others.
They symbolize wealth and sophistication while mixing purpose and aesthetics.
Unlike digital gadgets, they become timeless heirlooms due to scarcity and quality.
http://4blabla.ru/read-blog/7855
Collectors and enthusiasts cherish their mechanical soul that no digital device can match.
For many, having them signifies taste that goes beyond fashion.
Audemars Piguet Royal Oak watch
June 9, 2025 at 7:42 am
This website provides detailed information about Audemars Piguet Royal Oak watches, including price ranges and design features.
Discover data on iconic models like the 41mm Selfwinding in stainless steel or white gold, with prices averaging $39,939 .
The platform tracks resale values , where limited editions can command premiums .
Audemars Piguet Royal Oak watch
Functional features such as water resistance are thoroughly documented .
Stay updated on 2025 price fluctuations, including the Royal Oak 15510ST’s market stability .
Keithtut
June 12, 2025 at 3:43 pm
Launched in 1999, Richard Mille revolutionized luxury watchmaking with cutting-edge innovation . The brand’s iconic timepieces combine high-tech materials like carbon fiber and titanium to enhance performance.
Drawing inspiration from the precision of racing cars , each watch prioritizes functionality , optimizing resistance. Collections like the RM 011 Flyback Chronograph set new benchmarks since their debut.
Richard Mille’s collaborations with experts in mechanical engineering yield skeletonized movements tested in extreme conditions .
New Mille Richard prices
Rooted in innovation, the brand pushes boundaries through bespoke complications for collectors .
Since its inception, Richard Mille epitomizes modern haute horlogerie, appealing to discerning enthusiasts .
Haroldtarne
June 15, 2025 at 5:57 pm
Luxury horology stay in demand for several key reasons.
Their timeless appeal and mastery distinguish them from others.
They symbolize status and success while merging practicality and style.
Unlike digital gadgets, they appreciate with age due to exclusive materials.
https://linktr.ee/PatekPhilippeDiamondWatch
Collectors and enthusiasts admire the intricate movements that modern tech cannot imitate.
For many, wearing them means prestige that remains eternal.