The latest round of the Ghana Living Standard Survey (GLSS6), which
is being conducted by the Ghana Statistical Service (GSS), has revealed
that children as young as five years are (5 – 14 years) currently
engaged in economic activities.
While the first round of the survey (1st to 3rd cycles) conducted
between 18th October, 2012 and 6th February, 2013, found that 22.9% of
children, numbering 1,312 were economically active, the second survey
(4th to 6th cycles) found a much higher percentage (25.7%, numbering
1,521) in active employment. The second survey (4th to 6th cycles) was
conducted between 8th February, 2013 and 25th May, 2013.
Mr. Anthony Amusu, the Chief Technical Director at the service
announced this in Accra last week after the completion of the 4th to 6th
According to him, the survey revealed that children spent an average
of 16.3 hours on all economic activities during the first three cycles
compared to an average of 18.6 hours during the 4th to 6t…
The Ghana Revenue Authority (GRA) on Thursday launched its Clients
Charter and Manual to improve customer service to both internal and external
clients in a move to boost revenue collection.
at the launch, Mr George Blankson, Commissioner-General of the GRA said the
launch of the Charter marked another milestone in the Authority’s modernization
process, describing it as a social contract between it and the clients.
said with the launch, the GRA was submitting itself to public scrutiny as the
Charter contained the rights and obligations, core values and the standards
against which the revenue administration would be assessed and measured.
a matter of priority, we need to re-think the way we relate to, or work with
the people and institutions with different mandates. If we are truly determined
to create a transformational Revenue Authority, then we need to constructively
engage our stakeholders and place them at the cutting edge of our operations,”
Samsung Electronics has unveiled a new T9000 smart refrigerator
in Accra at an event dubbed ‘Samsung product day with Media’.
Richard Nunekpeku, Marketing Manager for Samsung Ghana, said the T9000
refrigerator was born from insight and innovation, and has a big capacity, as
well as the best premium design.
said the refrigerator which is the world’s largest, has four doors with 819L
storage capacity, 543L fridge and 276L freezer.
offers families the unique opportunity to buy and refrigerate all their needs
without worrying about storage space,” he said.
explained that a refrigerator has a triple cooling technology which perfectly
cools the large space without difficulty and the wide space of the fridge
compartment also allows for the storage without shuffling food items.
has a smart 13 sensors which monitor the internal and external temperature by
maintaining optimal freshness inside. During the day when a user opens the door
frequently and external temperature is…
Major Albert Don-Chebe (Rtd), Director-General of Ghana Broadcasting
Corporation has attributed the nation’s under-development to the high
illiteracy rate and failure of policy makers to apply pragmatic steps to deal
with the situation.
He said for
Ghana to progress beyond the lower middle-income then steps ought to be taken
to cure what he termed as the “unnecessary disease of illiteracy”.
Director-General made the comment at the 5th Congregation of the University of
Professional Studies in Accra, over the weekend.
He said, in
the light of technological advancement and learning innovations, it is
unnecessary to have millions of the citizens consigning their productive lives
in illiteracy and ignorance.
that illiteracy is the acknowledged saboteur of all the grand development
programmes announced with great fanfares by government after government, which
have all failed spectacularly.
Don-Chebe cited India, Malaysia, Korea, Singapore and China as nations that
The Africa Centre for Energy Policy is demanding that Parliament
suspends an oil exploration and production deal between the Ghana
National Petroleum Cooperation (GNPC) and a consortium, AGM Petroleum
The multi-million dollar contract is touted as one of the biggest oil
exploration deal ever considered by Ghana since the discovery of oil in
The deal is however now a subject of controversy. Some civil society
groups are questioning its propriety and potential to aggravate the
international tussle between Ghana and Ivory Coast over a disputed piece
of maritime area.
Africa Centre for Energy Policy argued that the AGM Petroleum Ghana
Limited lacks the pedigree to execute the deal in the best interest of
Ghana compared to the other international oil and gas companies, which
put in a bid for the contract.
Documents intercepted by Joy News indicate that Parliament’s Mines
and Energy Committee has recommended the approval of the contract, which
Ghana Cocoa Board (Cocobod) has expressed worry over continuous
rising crop production cost over the years as it worked to raise cocoa
output from a previous 400,000 tonnes per annum to about 900,000 tonnes
The cocoa regulator said inputs such as planting materials and
chemicals have seen their costs rise, and spending on infrastructure in
cocoa communities has increased.
“Our cost is rising even as we continue to sustain our production
target of between 800,000 tonnes and over 900,000 tonnes annually
through sustainable input supply systems like planting materials,
chemicals to control pests and disease, improved infrastructure at some
cocoa-growing centres, and also sustainable income for farmers.
“We must find ways of getting all these to sustain production
targets,” Mr. Emmanuel Opoku, Deputy Director, Research, at Cocobod told
participants at a two-day National Cocoa Stakeholders' Conference in
The country opened the 2013/14 crop season on …
Minister of Fisheries and Aquaculture, Nayon Bilijo, says he is
taking steps to avert a looming European Union (EU) sanction on the
country’s fishing industry.
He said his Ministry is pursuing a policy of sub-regional
collaboration to stop illegal fishing in Ghanaian waters following an EU
Commission resolution that placed Ghana on a list of countries set for
The EU announced on November 26, 2013 that it had banned exports from
Belize, Guinea and Cambodia. However, the announcement also warned
three countries including Ghana to take action against illegal fishing
or risk being blacklisted.
The EU has branded Ghana as one of the countries with the most
illegal fishing industries. If the sanction is imposed, Ghana’s exports
of Tuna to the EU will be blocked.
“What Ghana has to do now is to liaise with our neighbours to ensure
that it is easier for a Ghanaian vessel to acquire fishing license to
fish in Liberia, Ivory Coast and so on”, said Mr Bilijo.
Dream Sales Limited, a subsidiary of Dream Holdings, has opened an
ultra modern IT consumables and mobile device shop at Tudu, Accra,
The short but impressive ceremony saw the Managing Director of the
company Mark Asamoah take the media personnel and customers on a tour of
the new shop to see the array of computer and mobile phones and
accessories on display.
Mr Asamoah told Myjoyonline.com at the sidelines of the Dream
opening, that the new shop will soon be the nerve centre for customers
yearning to own mobile and computer devices.
It is the fifth shop opened by the company across the country.
"We realised that Tudu is the nerve centre when it comes to business.
We wanted to bring our services and product devices closer to the
target market and to serve the mobile needs of the people in Tudu," he
While selling at hugely competitive prices, the company in
partnership with its sister company Dream Finance, is also offering a
ment regime i…
The Ghana Revenue Authority (GRA) for the first time formally wrote a
letter dated October 28, 2013 to all telecom operators in the country
asking them to allow Subah Infosolutions Limited to fix auditing
equipment on their respective networks to check domestic call flows for
This comes after what was recently exposed as illegal payments of
about GHC75million GRA made to Subah for no work done since 2010 when
GRA supposedly contracted Subah to do a physical audit of the billing
systems of the telcos.
ADOMBUSINESS is reliably informed that following GRA's first and only
formal request to telcos, Subah has made contact with each of the
telcos and held a series of closed-door meetings on modalities for doing
the physical audit of their billing systems.
Highly placed sources have also told ADOMBUSINESS Subah has so far
reached some agreement with Airtel for the installation of equipment,
but they are yet to concretize things with the other telcos.
President John Dramani Mahama has pledged to lead the process towards
attaining a common monetary convergence by countries in the West
African Monetary Zone (WAMZ) by 2015, as well as a common currency in
the sub-region by 2020.
He said the attainment of a common currency in West Africa would
facilitate business transactions among the people of the various
countries in the sub-region.
Besides, he said, the monetary convergence would enable the sub-region
to negotiate with other continental groupings as a block instead of as
President Mahama, who has been nominated by the ECOWAS Authority of
Heads of State to monitor and supervise the implementation of the
monetary cooperation project, made the pledge yesterday during a
courtesy call on him by the President of the ECOWAS Commission, Mr Kadre
Desire Ouedraogo, at the Flagstaff House in Accra.
Mr Ouedraogo, who was accompanied by other Commissioners of the ECOWAS
Commission, was at the seat of government…
The Bank of Ghana (BoG) on Wednesday said its latest survey shows
that it has become very difficult to get loans from banks in the
Dr Kofi Wampah, BoG Governor, said the credit stance for all loan types tightened during the period 2013.
He said the survey also showed that the number of loan applications
from households, small, medium and large enterprises, a measure of
credit demand, decreased.
Dr Wampah who revealed this during a presentation of the Bank’s
Monetary Policy Committee’s (MPC) Report in Accra said, the principal
reasons cited for rejection of loan applications included poor credit
history, low cash flows, inadequate security, weak management and weak
He said for the first 10 months of the year, broad money (M2+) grew
by 20.8 per cent, compared with 21.9 per cent during the same period
This, he said, was largely on account of a sharp slowdown in growth
of foreign currency deposits, even though this was moderated by