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Oil companies owes govt $ 2.1 million in Surface Rental payments


Oil companies owes govt $ 2.1 million in Surface Rental payments
June 1, 2021
Surface Rental payments to the government by companies in the petroleum sector in 2020 remain in arrears to the tune of $2.1 million, the Public Interest and Accountability Committee (PIAC) 2020 Annual Report, has said.
The PIAC Report said the 2020 arrears represent a 34.71 per cent increase over the 2019 arrears of $1.57 million.
The report indicated that the non-payment of the surface rentals denied the Petroleum Holding Fund of the needed revenues for development projects.
Against this backdrop, the PIAC recommended that the Ghana Revenue Authority, should, as a matter of urgency, initiate action to recover surface rental arrears with the appropriate interest as recommended by the Petroleum Revenue Management Act. ....

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Ghana: Press focuses on slash in benchmark rate, others


Ghana-Press-Review
June 01, 2021
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10:43
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APA – Accra (Ghana)
The report that the Bank of Ghana has slashed its benchmark rate, the policy rate by 100 basis points, signalling a return to monetary easing after a year of tightening and the assurance by the European Union not to place a ban on the purchase of cocoa from Ghana because of child labour claims are some of the leading stories in the Ghanaian press on Tuesday.
The Graphic reports that the Bank of Ghana (BoG) has slashed its benchmark rate, the policy rate by 100 basis points (bps), signalling a return to monetary easing after a year of tightening. ....

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Builders' Merchants News - All I want for Christmas: Scottish industry experts reveal their wishlist for 2021 and beyond


17 December, 2020
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Cooperation and collaboration, greater worker welfare and a top-to-bottom revolution of the construction sector are all top of the Christmas wishlist for members of the Construction Industry Coronavirus (CICV) Forum.
With a year of massive and unprecedented upheaval drawing to a close, the unique collective asked its 100-plus members to reveal their wishes for 2021.
While the pandemic undoubtedly brought numerous challenges, it also ushered in a new era of cooperation that saw the group of more than 70 organisations pull together to help Scotland’s building sector get safely back to work.
And as the Forum released a round-up of its accomplishments and achievements in 2020, many members said their biggest wish is for this teamwork and togetherness to continue. ....

United Kingdom , Perth And Kinross , Fiona Harper , Ian Honeyman , Alan Wilson , David Logue , Iain Mason , Len Bunton , Vaughan Hart , John Mckinney , Fiona Hodgson , Iain Mcilwee , Peter Walker , Gordon Nelson , Scottish Building Federation , Forum Communications Sub , Northern Ireland Plumbing Employer Federation , Federation Of Master Builders , Stone Federation , British Constructional Steelwork Association , Scottish Contractors Group , Mother Forum , Partner At Gardiner Theobald , Construction Industry Coronavirus , Managing Director , Scotland Director ,