Finance Minister, Ken Ofori Atta will be credited in the Guiness Book of Records as the Finance Minister who borrowed more money to manage the economy than any of his predecessors.
Mr Ken Ofori Atta was in Parliament on Wednesday to present before the representatives of the people, the financial estimates of the year 2022.
He noted among others that the government have decided to abolish tolls on all public roads. The government has however introduced new E-levy on electronic transcations including Mobile Money and Banking.
While offering his comments after the presentation, the Minority Leader, Haruna Iddrissu said the Financial Minister will be remembered as the Minister who borrowed more in the fourth republic.
“I think you should be credited in the Guiness Book of Records as the Minister who borrowed more money than any of your predecessors…,” he said.
The Minister of Finance, Ken Ofori-Atta, has indicated that government will place a levy on all electronic transactions, known as the Electronic Levy, as a means of widening the tax net.
According to him, it has become clear that there is an enormous potential to increase revenue from taxes by bringing into the tax bracket transactions being undertaken in the informal sector.
He indicated that COVID-19 contributed to the acceleration of the digitalization drive of Africa and data from the Bank of Ghana has shown a growing trend in online trade thus increasing the value of digital transactions from February 2020 and February 2021 alone to 120%.
He made the declaration on the floor of parliament while delivering the 2022 budget and fiscal policy statement on Wednesday, November 17, 2021.
The budget presentation is in line with Article 179 of the 1992 constitution.
Addressing members of parliament, the finance minister said that, “after considerable deliberations, government has decided to place a levy on all electronic transactions to widen the tax net and rope in the informal sector. This shall be known as the “Electronic Levy or E-Levy.”
He continued that “electronic transactions covering mobile money payments, bank transfers, merchant payments and inward remittances will be charged at an applicable rate of 1.75%, which shall be borne by the sender except inward remittances, which will be borne by the recipient”.
Mr. Ken Ofori-Atta was quick to note that portions of the proceeds from the E-Levy would be used to support entrepreneurship, youth employment, cyber security and road infrastructure.
He stated that the “electronic tax is one and we shall all pay”
The Minister for Finance, Ken Ofori Atta, has revealed that the Government has not laid off any public sector worker when the country was struck with the Covid-19 pandemic.
He made the revelation in Parliament on Wednesday November 17, 2021 when he was reading the Budget and financial estimates for the 2022.
A research conducted by the Ghana Statistical Service (GSS) in collaboration with the United Nations Development Programme (UNDP), and the World Bank on May 26 and June 17 2020 revealed that during the lockdown in 2020, businesses were negatively impacted.
According to their report, some “770,000 workers representing some 25.7% of the total workforce had their wages reduced and about 42,000 employees were laid off” during the partial lockdown.
However, the Minister stated that none of the public sector workers was affected.
“Under the Coronavirus Alleviation Programme Business Support Scheme (CAPBuSS), Ghana Enterprises Agency provided 302,001 successful applicants across various sectors and regions with loans amounting to GHȼ523.11 million.
“Mr. Speaker, we also ensured payment of our obligations to contractors and provided payroll support to some State-owned Enterprises to guarantee jobs.
“Thankfully, our President led and acted, decisively and intelligently and his leadership paved the way for many other countries in Africa and beyond.”
Prahgia Riders in Techiman cautioned to stay away from girls
It is public knowledge that Tricycles popularly known as Prahgia have become a major way of transportation in our towns despite their operations being illegal and most of the riders are Youths who are sexually active.
In view of this, a Non-Governmental Organization that targets adolescent sexual reproductive health “Purim African Youth Development Platform” (PAYDP) together with the Ghana Police Service, Department of Social Welfare, and other Stakeholders have trained Prahgia Riders on Sexual & Gender-based violence and teenage pregnancies as well as force or early marriages.
Speaking in an interview with our correspondent Nana Kwadwo Adu in Techiman during the training workshop, Madam Millicent Ocloo Bono East regional programs Officer for PAYDP cautioned Prahgia Riders to stay away from girls in order not to face the rigors of the laws.
Millicent Ocloo, Bono East regional programs Officer for PAYDP.
For his part, Mr. Ameyaw Nicholas Regional Director of Non-Formal Education Division in charge of Bono, Bono East, and Ahafo urged Prahgia Riders who might have dropped out of school to take advantage of the government’s functional literacy program to update their knowledge.
At the training, the Prahgia Riders also enjoyed free medical or health screening from PAYDP in which Mrs. Eunice Acheampomaa Siaw a Senior Nurse at Abrafi Women and Children’s Hospital in Techiman also gave this piece of advice….
Mrs. Eunice Acheampomaa Siaw, a Senior Nurse at Abrafi Women and Children’s Hospital in Techiman
Finally, Gyan Abdul Rauf General Secretary of Techiman Prahgia Association, and some Riders who benefited from the program also shared their views….
Gyan Abdul Rauf General Secretary of Techiman Prahgia Association and some Riders
Bank fraud statistics in Ghana high, staff must be held to ethics – Chartered Banker
A Chartered Banker, Mr Patrick Abankwa has noted that statistics on banks fraud in Ghana is high, a situation that does not speak well about the industry.
He has therefore called for all bank workers to be subjected to the ethics of the profession, such that, if they are sanctioned for such offences they cannot move from one bank to another.
He wants such staff banned entirely from the industry.
The Bank of Ghana (BoG) has announced that 56.% of fraud incidents reported in 2020 indicated the involvement of staff members of the reporting institutions, as compared to 51% of staff involvement reported in 2019.
This may be a consequence of the absence of corporate governance structures in some sections of the banking sector, resulting in the lack of accountability and transparency in their activities, the centrall bank said.
It added suppression of Deposits accounted for 73.3% of all fraud incidents reported in 2020 and 76.8% of all fraud incidents reported in 2019.
Suppression recorded the highest rate of staff involvement. 78.6% of all cash suppression cases reported in 2020, indicated the involvement of staff.
The Bank of Ghana recorded a total of 2,608 incidents of fraud as compared to 2,311 fraud cases reported in 2019, representing a year-on-year increase of 12.9%.
Banks and Specialized Deposit-Taking Institutions regulated by the Bank of Ghana are required to submit fraud returns as and when they record incidents of fraud and also, a “Nil Report” if they do not record any incident at the end of a particular month.
2020 recorded a total of 2,670 fraud reports, as compared to 2,311 fraud reports filed in 2019, representing a year-on-year increase of 15.5% in the number of fraud returns submitted to the Bank. Quite a few fraud types recorded increases in 2020.
The most significant fraud types recorded in 2020, with respect to incidence and/or loss to the banking sector are: Fraudulent withdrawals; E-Money Fraud; ATM/POS Fraud
Fraudulent Withdrawals recorded the highest rate of increase in the year under review. Fraudulent Withdrawals increased from 16 cases in 2019 to 177 cases in 2020 representing an increment of 1,006.3%. E-Money Fraud also recorded 64 cases in 2020, as compared to 14 cases recorded in 2019, representing an increase of 357.1% in year-on-year terms. ATM/POS Fraud recorded 168 cases in 2020, as compared to 110 cases recorded in 2019, representing a 52.7% increase in year-on-year terms.
Speaking on thus development in interview with TV3, Mr Patrick Abankwa said “What banks should do as a form of training is that staff go through the recently launched Ghana banks’ code of ethics such that when a staff is punished the staff does not only move from one to bank another bank but the person is banned from the whole industry.”
He further noted that the rise in the fraud cases “raises a lot of question that is quite a huge jump.”
LOYAL CONSUMERS OF “WAAKYE & BANKU” IN THE TWIFO ATTI-MORKWA DISTRICT UNHAPPY ABOUT THE DRASTIC REDUCTION IN QUANTITY AS SELLERS ATTRIBUTE IT TO HIGH PRICES OF BEANS AND MAIZE
The ardent consumers of “Waakye and Banku” in the Twifo Ati-Morkwa district of central region have expressed dissatisfaction about the sudden decrease in the quantity of the food they buy.
Speaking with Listowel Aboagye Dacosta of Sweet FM, the custumers explained that, previously, with Gh5.00, one could get full plate of Waakye with fish, vegetables and fish or chicken. With same amount of money, one could equally get two big balls of Banku and fish or meat but of late, with same amount of money, you get nothing that can make you full they lamented.
In response, the “Waakye and Banku sellers in the Twifo Ati-Morkwa district also attributed the recent reduction in the quantity as complained by the customers to the current maximization in prices of beans and maize. The added that they used to purchase a bag of beans and maize Gh600 and Gh300 respectively however, there have been astronomical increments in the prices of beans and maize on the general market that has necessitated for a reduction in the quantity of their food.
SOURCE Listowel Aboagye Dacosta of Sweet FM / / Shop@torsaa
The Minority in Parliament is demanding the immediate abrogation of a $570 million Tema Motorway expansion contract with Portuguese company, Mota Ingil for sidestepping parliament.
The Minister for Roads and Highways Kwasi Amoako-Atta last year announced the signing of the agreement that will see the Tema Motorway converted into three lanes.
Addressing the media in parliament, a minority spokesperson on Roads and Transport Governs Kwame Agbodza disclosed the company has failed to mobilize funds for the project as required compelling government to fall on the Ghana Infrastructure Fund.
According to the Adaklu MP, the contract must rather go to local contractors. He warned the minister not to allow himself to be misled by Finance Minister Ken Ofori-Atta or face jail term in future.
“The process leading to the selection of the contractor is what we have always cautioned the government against. If the government decides that the PPP process wouldn’t work, that they still needed a developer and Mota Ingil’s has failed and cannot raise the funds, Mota Ingil’s is an international company and falls directly under article 185.
“The top five contractors in this country can do a good job as Mota Ingil’s can do, But the Minister says ‘No they can’t,’ I feel very sad for the Minister…so we are calling on the government, this country is illegitimate, Mota Ingil’s is touting this contract all over the world, trying to raise funds, this contract is not binding on the government. The Minister must come back to Parliament or do open competitive bidding or consider yourself as someone who has breached the law and would catch up with you in the future.”
As part of the contract, the release said the existing 19.5kilometre motorway is to be reconstructed and expanded into a two-lane dual carriageway for the freeway and a three-lane dual carriageway for the urban highway. The freeway will remain concrete surfacing whilst the urban highway will be in asphaltic concrete with paved shoulders
. The Tetteh Quarshie Interchange – Apenkwa Interchange (5.7km) is also to be reconstructed into a 6-lane dual carriageway with asphaltic concrete surfacing while the Tesano Junction – Neoplan Junction (2.5km) will be reconstructed into a three-lane dual carriageway in the asphaltic concrete surfacing.
Additionally, Mota Engil is to construct five new interchanges at Lashibi, Community 18 Junction, Teshie Link Junction, Dzorwulu Junction and Neoplan Junction to facilitate traffic movement at the junctions, remodel the Tetteh Quarshie Interchange to eliminate congestion, provide streetlights and construct toll booths.
The Portuguese construction company is also tasked with reconstructing the Apenkwa interchange, rehabilitating the Achimota Interchange and constructing 14 new pedestrian footbridges.
Vice President Dr. Mahamadu Bawumia endorses the usage of Bitcoin in Africa
Vice President Dr. Mahamudu Bawumia says it is time African governments embrace digital currency (bitcoin) to facilitate trade and enhance other productive sectors of their economies.
He, therefore, lauded the Bank of Ghana’s decision to pilot digital currency later this year towards its nationwide roll-out in the near future, saying that it would give it the needed credibility and legal backing for usage.
Addressing participants at the opening ceremony of the Fifth Ghana International Trade and Finance Conference (GITFiC) in Accra on Tuesday, Dr. Bawumia said, Intra-African trade had created the need to establish a Single Central Payment platform on the African continent where financial system operators could carry out all cross-border payments smoothly.
To that end, the Vice-President believed that the Pan African Payment and Settlement System(PAPSS)- a central payment and collection infrastructure- would allow businesses on the continent to clear and settle transactions in their local currencies without depending on third-party currencies.
He said it would also provide an alternative to the current high-cost and long correspondent banking relationships by facilitating trade and other economic activities across the continent through a single, low-cost, and risk-controlled payment clearing and settlement system.
The event brought together Governors of the Central Banks in Africa, captains of industry, chief executives of financial institutions, and the diplomatic community to share ideas and engage in conversations that would create a conducive environment for boosting economic activities and promote growth.
It was held on the theme: “Facilitating Trade and Trade-Finance in AfCFTA; The Role of the Financial Services Sector”.
Vice-President Bawumia noted that digitisation had become one of the most consequential policies of President Akufo-Addo’s government and pivotal towards increasing economic activities, macroeconomic stability, and growth.
In that vein, a robust and resilient financial system would provide an impetus for productive investments, expand opportunities for jobs and wealth creation.
“As you may recall, in a bid to improve liquidity and strengthen the banking sector, the Bank of Ghana implemented a new prudential regulatory framework.
“The banking sector clean-up was aimed at promoting a financially stable banking sector.
“Concurrently, digitisation has also become one of the most consequential policies of the Nana Akufo-Addo government. When the scourge of the COVID-19 pandemic hit and forced many economies into partial and total lockdowns, it reinforced the need to pursue digitization,” Dr Bawumia emphasised.
Bitcoin
He stated that mobile banking was proving to be a more convenient alternative to traditional banking channels as several routine banking and money transactions were now executed through mobile phones and electronic payment systems.
“Indeed, one has to recognise that for the financial services sector to play its role, there must be financial inclusion.
“The implementation of Mobile Money Interoperability in Ghana has shown that more people can be financially included, and this needs to be rolled out across Africa to ensure the growth of the AfCFTA vision,” he added.
To leverage digital technologies and digitized data, he said, the Central Bank had rolled out a couple of systems through its Ghana Interbank Payment and Settlement Systems (GHIPSS).
They include thee-zwich, Gh-Link, Mobile Money Interoperability, and QR Code and making sure that the underlying payment system runs smoothly is the least we should expect of the financial system if we are to realize the vision of continental free trade.
He stressed that since payments were at the heart of the day-to-day operations of a free trade system, negative spillover effects could be serious if something goes wrong.
Therefore in 2019, the Government introduced the Payment Systems and Services Act, 2019 (Act 987), under the supervision of the Bank of Ghana, to consolidate the laws relating to payment systems, payment services, and regulated institutions in the electronic money business.
The advent of this legislation, Dr. Bawumia explained that, had helped deepen financial intermediation and financial inclusion, not only in Ghana but across the continent.
” I am hopeful that the rollout of the Pan – African system will synchronize successfully with the payment systems architecture developed by Central Banks across Africa and bring about a reduction in cost, time variability, and decreased liquidity requirements of commercial banks and central banks settlements.
Bitcoin
“I encourage the Association of Ghana Industries (AGI), a partner entity in this conference, to help its members build a solid and resilient productive capacity to benefit from the AfCFTA implementation.
That, he said, would complement the Government’s effort in providing both the required leadership and investments in implementing the continental trade protocols and related action plans.
He expressed the belief that the conference would deepen the conversations on the need for Africa to design its unique models, which would provide an enabling structural transformation of Africa’s economy and thereby, placing Africa on a sustainable long-term growth path.
EPA to Deal with Producers of Pesticides and Herbicides Over Illegal Operations
The environmental protection agencies have cautioned retailers and producers of pesticides and herbicides operating without a license to ensure regulation of their activities through the agencies or be dealt with by the law.
EPA to Deal with Producers Over Illegal Operations
Mr. Justin Babasuru, an officer of the Upper West regional agency says herbicides and pesticides are dangerous chemicals which post threat to the health of individuals and the environment which makes it very important for operators of these chemicals to get the required authorization before operating.
EPA to Deal with Producers Over Illegal Operations
He says compliance enforcement team will soon be moving to various stores to instruct all activities to bring out all operating without the necessary permit and anyone at fault will be dealt with according to law Mr Babasuru says they are operating with the 1992 constitution (acts 490),1996 and article 528 which mandates EPA to regulates the activities of pesticide dealers. Whether they are selling importing, manufacturing, permit is very important. If dealers do not follow this instruction, they will lose their products and as well face the laws of the country.
The European Investment Bank has provided a one hundred and seventy-million-euro facility for the establishment of a development bank in Africa according to the president of the EIB, Dr. Werner. Hoyer.
Speaking at the signing ceremony, President Akuffo Addo emphasized that development Bank Ghana is going to play a significant role in the rapid economic transformation of Ghana, following the onset of Covid -19. He said the design and operation of the bank which has been in the plan for the past two years, will definitely satisfy the high standard, scrutiny, and best practices of development banks globally.
Ghana Receives £160M for Development Projects
He gave an assurance that the one seventy billion facility from EIB will be used for the purposes for which it was sod. He mentioned that the provision of the facility signals the determination of Ghana to continue partnership with the E.U.
The president informing Dr. Hoyer that Ghana will depend on the EIB to continue financing other projects in the pipeline as the country works to recover from the impact of the pandemic.
Dr. Werner. Hoyer
Dr. Hoyer ensures he is confident that this establishment is going to be one of the largest facilities in Africa and equally help unlock opportunities for growth in Ghana as well as assist in the rapid recovery the Ghanaian economy from the ravages of the Covuid-19.
He again noted that the establishment of the GDB, is in correspondent with the objectives of the EU and will contribute massively in the development of Ghana’s private sector, agriculture business, manufacturing and ICT.
The Council for Scientific and Industrial Research (CSIR) in collaboration with the Modernizing Agriculture in Ghana (MAG) held a Stakeholder Seminar on Digitized Soil Maps on Tuesday, 30th March 2021 on the theme ” CSIR-Soil Research Institute Web base Application Platform.
This program was basically launched to introduce the New Digital Soil Maps in Ghana which led to the Deputy Director-General of CSIR, Mr. Paul P. Bosu giving the opening remarks on the program. He made it known to the media that the MAG is a development assistant program by the Canadians to support the growth in agriculture in Ghana.
SRI Launched its Web base Application Platform
According to Mr. Bosu, the Ministry for Food and Agriculture is the key implementation agency of this program with the collaboration of CSIR and others as collaborators of partners.
“SRI is one of the thirteen (13) of the CSIR. The institute is mandated to undertake Scientific research to generate technology/ information, commercialized these technologies and build capacity in the sustainable management of Ghana’s Soil resources for increased in Agricultural industry, environmental Quality and improved livelihoods” he hinted.
Prof. Mohammed Moro Buri, Director of CSIR- SRI further came in to give a brief statement on the Soil Maps of Ghana. He pointed out that there has been a website created to aid farmers in knowing what to grow in their various farms respectively. He said that there had been a test which went on years ago on Ghana’s soil in all the sixteen (16) regions which has aid them to develop a website called www.csirsoilinfo.org for farmers.
SRI Launched its Web base Application Platform
Mr. Buri futher said, the agricultural modernisation is an important foundation of every nation if food production is to be increased and food security. He went on to tell the media on the key goal of bringing up the website; he said, this is to increase food production and to enhance food security through effective sustainable use of the soil in the country.
“The main objective is to develop and host information on the soil resources of Ghana online to enhance soil information, accessibility, availability and acquisition in the country and world wide” he said.
Finally, Mr. Eric Asamaoh, Principal technologist of CSIR-SRI also brought his presentation of the digitalised soil Maps. He said, The online platform contains digitized soil maps of specific locations, soil characteristics and appropriate nutrient/mineral requirement for key crops in each agro-ecological zones of Ghana. It also shows information on soil nutrient availability, soil physical properties and fertility limitations, as well as soil suitability for selected crops can be accessed. Soil management recommendations, strategies and limitations, etc. are brought to the door step of farmers (small, medium and large scale).
Acknowled MAG Representation, the MAG Coordinator and Director General of CSIR graced the occasion.
The rate of gold production in Ghana is projected to witness a growth of about 9 percent in 2021, global market analysis agency, Fitch Solutions has said.
According to a report by Fitch Solutions, this will become the largest growth rate for gold production experienced by Ghana.
The market analysis firm explained the projection will impact positively on the volume of gold production to 4.65 million for Ghana.
Also, this will aid Ghana to sustain its spot as Africa’s largest gold producer in 2021. Ghana currently leads South Africa in terms of gold production capacity after the latter lost its position in 2019 to Ghana.
“A significant growth in Gold production in Ghana will be driven by the Phase 2 completion of AngloGold Ashanti’s Obuasi Project,” the agency noted.
Meanwhile, AngloGold Ashanti in December 2019 at its Obuasi mine poured its first gold during Phase 1 of the project.
The firm also in October 2020, reported a progress account indicating 68.4 percent of the project was completed.
AngloGold Ashanti at the present aims to accomplish a stable state of operation in 2021. This will then lead to a rise in Ghana’s gold production by roughly 350-400k oz per year during the first 10 years of its Obuasi’s mine life.
Twenty-five farmers in the Atwima Nwabiagya South Municipality were on Friday honoured at this year’s Farmers’ Day celebrations at Mim in the Ashanti Region.
They received knapsack sprayers, cutlasses, wellington boots, wax prints, motorcycles and certificates.
Mr Stephen Takyi from Nerebehi was adjudged the Overall Best Municipal Farmer.
He has 12 acres of cocoa farm, 300 ducks, 300 poultry birds and other food crops.
He took home a tricycle and a certificate.
Mr Alex Abugri, who has 17 acres of cocoa farm, was adjudged the Best Cocoa Farmer.
He received a motorbike, five pieces of wax print, knapsack sprayer, a pair of Wellington boots, cutlasses and a certificate.
Mr Michael Amoah Awuku, the Municipal Chief Executive, praised farmers in the Municipality for the hard work and dedication, which had ensured continuous food supply in the area.
He said as part of efforts to support the planting for exports and rural development, the Assembly had distributed 42,000 oil-palm seedlings and 3000 coconut seedlings to farmers.
Mr Daniel Peprah, the Municipal Director of Food and Agriculture, said the planting for food and jobs and other related policies had helped to increase food production in the area.
He stressed the need for Ghanaians to eat local foods to encourage farmers to produce more to enhance national food security.
The Ministry of Finance says it welcomes the decision of the Special Prosecutor to undertake the risk assessment and views it as an opportunity to address some of the concerns raised in respect of this transaction.
In a statement issued by the Public Relations Unit, the Ministry said such an assessment would reassure Ghanaians that “the transaction has and will continue to adhere to the highest levels of corporate governance and transparency.”
The statement said the Ministry had notified the Office of the Special Prosecutor (OSP) that the Initial Public Offering would not be launched until the completion of the risk assessment.
It said the exercise and the findings by the Office of the Special Prosecutor of Ghana “shall be deemed material to the Initial Public Offering (IPO) and public listing of Agyapa and will therefore need to be fully disclosed in the prospectus prior to applying to the regulators of the UK and Ghana Stock Exchanges for approval to launch the IPO.”
“This Ministry is, therefore, working with the OSP to successfully complete this exercise. In the interim, the OSP has been notified by Ministry of finance that the IPO shall not be launched until the risk assessment has been completed,” it said.
On September 14, 2020, the Office of the Special Prosecutor (OSP), in exercise of its mandate pursuant to sections 2 (1) (c), 29, 69 and 73 of Act 959 and Regulation 31 (1) and (2) of L.I. 2374 requested for information and production of documents in relation to a risk assessment it was conducting on Agyapa Royalties transaction.
The Ghana Football Association (GFA) has appointed Mr. Samson Narteh-yoe, a Financial Economist onto the Ad-Hoc Compensation Committee of the Association.
Mr. Narteh-Yoe a lecturer in Finance and Bussines Policy and Strategy would replace Mr. Kwaku Osei, President of Tema Youth Sporting Club, who declined his appointment to serve on the committee for personal reasons.
Mr. Narteh-yoe is coming on board with over 20 years of work experience in various industries including Telecoms, Banking, Petroleum, FMCG, Manufacturing, and NGOs.
He is a finance consultant and lectures Business Policy and Strategy, Investment and Portfolio Management, International Trade Finance, and Project Financing at the University of Professional Studies (UPSA), Accra.
Mr. Narteh-yoe is expected to bring his experience to bear when he joins Mr. Frederick Nana Kweku Moore, the Chief Executive Officer of Accra Hearts of Oak Sporting Club and Mr. Delali Eric Senaye, Chief Executive Officer of Inter Allies Football Club on the Committee.
The mandate of the Committee, as provided under Article 42(2) of the GFA Statutes 2019, is to propose to the GFA Congress the remuneration of members of the Executive Council.
The Committee is expected to submit its work in time to form part of the Congress documents that will be sent to members of Congress as the formal convocation of Congress under Article 31(3) of the GFA Statutes 2019.
SEE ALSO: 
the “Waakye and Banku sellers in the Twifo Ati-Morkwa district also attributed the recent reduction in the quantity as complained by the customers to the current maximization in prices of beans and maize. The added that they used to purchase a bag of beans and maize Gh600 and Gh300 respectively however, there have been astronomical increments in the prices of beans and maize on the general market that has necessitated for a reduction in the quantity of their food.
. The Tetteh Quarshie Interchange – Apenkwa Interchange (5.7km) is also to be reconstructed into a 6-lane dual carriageway with asphaltic concrete surfacing while the Tesano Junction – Neoplan Junction (2.5km) will be reconstructed into a three-lane dual carriageway in the asphaltic concrete surfacing.
