ECG Board and Management indicted for procurement breaches

ECG

The Auditor-General has indicted the board and management of the Electricity Company of Ghana (ECG) for procurement breaches worth more than 145 million dollars. It followed the inability of the power distributor to adhere to the Public Procurement Act in signing 50 contracts to procure 862,750 meters and its accessories between 2016 and 2021. Consequently, […]

Ken Ofori-Atta presents Mid-Year Budget Review to Parliament Today

Budget

This year’s Mid-Year Budget Review is set to be presented to Parliament today by Finance Minister, Ken Ofori-Atta. The Finance Ministry noted in a statement that the presentation is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). There has been some back and forth on the exact date for […]

Menzgold to announce date for payments to customers

Menzgold

Defunct gold trading company, Menzgold has announced that it has successfully completed the transaction validation process, assuring customers of their funds very soon. This was contained in a statement issued by the management of Menzgold in Accra. The statement said that following the gold trading transactions, claims, supporting documents for collection, and vetting exercise initiated, […]