Business News of Friday, 25 December 2020Source: www.ghanaweb.comEmbargo placed on new contracts, MoU’s surpassing GH¢2 millionDeptuy Information Minister, Pius Enam HadzideAn embargo on new contracts, appointments and Memoranda of Understanding (MoU) has been placed by government for the 2020 transition period. According to the Deputy Information Minister, Pius Enam Hadzide, the embargo includes the signing of contracts for the provision of goods and services surpassing GH¢2 million. Another embargo has also been placed on the signing of contracts for works surpassing GH¢5 million, MoUs, loan agreements and appointments of new management personnel. Meanwhile, a 15-member transition team has been constituted by President-elect Nana Addo Dankwa Akufo-Addo following his re-election to serve a second term. The team which began work on Wednesday, December 16, 2020 is chaired by Chief of Staff, Akosua Frema Osei-Opare.

Source: GhanaWeb December 25, 2020 08:37 UTC