The government has lodged GH¢250 million into a Debt Service Reserve account, a newly created account, to begin the process for retiring the Volta River Authority (VRA) debts owed some banks, the Minister of Finance, Mr Seth Terkper, has said. Mr Terkper told the Daily Graphic in an interview that the next step is to … Read more
Fiscal challenges and the high cost of aviation fuel prior to its reduction last week has negatively impacted on Domestic Passenger Movements in the country. Figures released by the Ministry of Transport indicate that the sub-sector suffered some setback showing a decline, recording 195,447 domestic travel from January to June 2016, compared to 288,968 domestic … Read more
The Flagbearer of the opposition New Patriotic Party (NPP) Nana Addo has accused the Mahama led National Democratic Congress (NDC) government of having an insatiable appetite for increasing taxes in the country. According to him, the incessant taxes which hang on citizens necks do not augur well for national development. He observed that Ghanaians are … Read more
Domestic flights in the country have been grounded temporarily as dry and dusty Harmattan winds block aerial visibility. Starbow Airlines for instance could not make its usual flights on Friday December 4, 2015. Apart from a morning flight to Takoradi in the Western Region on Friday, all other flights were cancelled. Chief Execitive Officer for … Read more