A European Commission (EC) ruling last summer found that Apple Inc. (AAPL) owed the European Union (EU) €13 billion (about $14 billion) in back taxes for the years between 2004 and 2014. On Monday, Apple filed its appeal of the ruling with…
One of the most unsettling aspects of retirement is that you give up a lot of control in life. You no longer have a job with a paycheck and occasional raises and promotions, and you also lose the social network at work and maybe the respon…
President Nana Addo Dankwa-Akufo-Addo on Tuesday gave the assurance that Ghanaians would soon enjoy better social, economic and political times ahead, despite the present economic challenges of the country.
He said the convincing chang…
President Nana Addo Dankwa Akufo- Addo, on Tuesday rallied his countrymen to throw their weight behind his good efforts and that of government to sail the nation through to higher and better socio economic position.
The nation needs aid…
President Nana Addo Dankwa Akufo-Addo, on Tuesday, said there is no fiscal space left for borrowing to meet the development aspirations of Ghanaians because of the unprecedented high debt stock of the nation.
Any attempt to borrow to m…
The decision by the Ghana Oil Company (GOIL) Limited to establish GO Energy about two years ago to procure and distribute petroleum products to its retail outlets has increased the company’s market share to 23 per cent.
According to GOI…
President Nana Addo Dankwa Akufo-Addo yesterday used his maiden State of the Nation Address to give the clearest indication yet about how he intended to deal with the challenges facing the economy when he declared: “l will not complain but…
Africa World Airlines (AWA) will soon expand its services to the sub-region with additional routes to Abuja, Abidjan, Freetown, Ouagadougou and Dakar, among others.
Speaking at the launch of AWA’s fifth aircraft in Accra the founder of …
The UK economy grew by more than previously reported in the final three months of 2016, according to the latest official estimate.
Gross Domestic Product (GDP) increased by 0.7%, up from 0.6%, according to the Office for National Statis…
About 6,000 rural women in eight districts in Ghana are to benefit from “women empowerment and rights project” to help reduce unpaid care work and to improve economic self-reliance of rural women.
The project is also to help improve wo…
President Nana Addo Dankwa Akufo-Addo has expressed his government’s resolve to make the agricultural sector attractive to encourage the youth to go into farming.
In line with that objective, he said a national campaign, dubbed: “Plant…
The total number of mobile voice subscriptions in the country increased from 35.0 million as of the end of 2015 to 38.3 million by the end of December 2016. This represents a percentage rise of 9.42 per cent and brings the total penetratio…
The British Council Ghana (BCG), a United Kingdom international organisation for educational opportunities and cultural relations, has launched an initiative aimed at boosting the capacity of small and medium-sized enterprises (SMEs) in su…
The second in the series of the Ghana CEO’s Summit will be launched on Wednesday, February 22, at the Kempinski Gold Coast Hotel in Accra.
The move forms part of efforts by the organisers of the event to create greater awareness of the …
The use of e-Zwich, the biometric smart card, continues to grow exponentially as measures put in place to drive usage bear fruits. The volume of transactions recorded 138.3 per cent growth in 2016 over the performance in 2015, according to…
The Industrial and Commercial Workers Union (ICU), has given thumbs-up for Government’s commitment to reduce corporate taxes to relieve the burden on business and industries.
“ICU is however waiting patiently for government to implement…
Thousands of happy customers on the Vodafone network have heaped praises on the telecommunications company for surprising and appreciating them during Valentine’s Day.
Lucky subscribers of Vodafone Red received bouquets and chocolates i…
Some Civil Society Organisations (CSOs) have asked the government to prioritise education in the allocation of oil revenues rather than seeking to use proceeds of the Heritage Fund to finance its landmark policy on education, the free Seni…
Crystal Capital and Investments Limited (CCI), an investment banking firm, has announced the launch of two new mutual funds. The two funds: "Crystal Entrepreneur Fund (EFund) and Crystal Wealth Fund (W-Fund)" would be officially launched…
Mantrac Ghana Limited has announced the graduation of the first batch of eight students for the Caterpillar Technicians for Africa Project- Ghana Edition. A statement issued by Mantrac Ghana and copied to the Ghana News Agency on Monday sa…
Delta Capital Limited, an investment banking firm based in Accra is penetrating the financial market with financial solutions to individuals and corporate bodies. Delta capital, which has distinguished itself by offering bespoke financial …
Mr Martyn Mensah, CEO of the UT Group has stated that Ghana is uniquely placed to leapfrog our peers in the lower middle income category and experience a 10 times multiplier in our development “if only we would nurture, incentivize and rew…
The first phase of the off dock Container Terminal being constructed by Ibistek Limited in partnership with the Ghana Port and Harbour Authority (GPHA) would start receiving cargo and containers by the end of March.
The 350 million- do…
Mr Emmanuel Kofi Nti, a Tax Policy Advisor, is the new Commissioner-General of the Ghana Revenue Authority (GRA). He took up the role on Friday after Mr George Blankson, the former Commissioner-General handed the baton of leadership to him…
Pastor Stephen Akwasi Opuni, the Regional Network Manager of the Tianshi Group of Ghana, has urged businessmen and women in Bawku, in the Upper East Region, to adopt strategic selling methods to sell their products.
That, he said would…
German finance minister Wolfgang Schaeuble has said the institutions in charge of Greece's bailout have reached a "common position" on how to proceed.
His comments appear to indicate that deadlock between the EU and the International Mo…
Ghana and Morocco have deepened trade and economic ties and both countries have signed more than 20 Memoranda of Understanding (MoU) to form partnerships and explore trade opportunities.
The agreements were signed between businesses in …
The Minister of Lands and Natural Resources, Mr John Peter Amewu has reiterated government’s commitment to address holistically the menace of illegal mining.Speaking during a courtesy call on him by members of the Ghana Chamber of Mines, M…
Online retail giant Amazon has said it will create 5,000 new full-time jobs in the UK this year.
The firm said it was looking for a range of staff including software developers and warehouse staff.
There will be jobs at Amazon's head…
The Ghana Chamber of Mines has expressed its willingness to partner the government to train small-scale miners on how to undertake best mining practices in the country.
The training has become necessary in view of the worsening situatio…
The Savanna Accelerated Development Authority (SADA) will launch a novelty Property Tax Collection System in April, this year, that will be used by the Tamale, Buipe and Sangnerigu assemblies in the Northern Region to mobilise levies and o…
Vanguard Assurance Company Limited in collaboration with Safety Insurance Brokers Limited has launched a new travel insurance policy aimed at bringing relief to the travelling public.
Known as the Vanguard Safe Foreign Travel Insurance …
GhanaVeg has certified 20 Agronomists through the Wageningen University and Research, Netherlands, after they completed the Agronomy Training of Trainers course. The Agronomy training has been designed to improve farmer productivity and …
The 2017 Budget will put the Ghanaian economy back on track, President Nana Addo Dankwa Akufo-Addo, has said. The budget, which he said, was scheduled to be presented to Parliament on March 2, 2017 by the Minister of Finance,Mr Ken Ofori-A…
TATA Africa Holdings Ghana Limited (TAHGL) has established strong presence in Kumasi, the nation’s second largest city, with the opening of a service centre. Spread on a three-acre land, it comes with showroom, workshop, washing bay and sp…
The Ghana Tourism Authority (GTA) is mapping out a strategy to encourage more people, particularly students in junior and senior high schools, to consume more cocoa products.
As a prelude to the strategy, the GTA, in partnership with t…
South African retail group Steinhoff and supermarket chain Shoprite have abandoned a $14bn deal to create Africa's biggest shop network.
The tie-up would have been the latest expansionary move by Steinhoff, which bought the UK's Poundla…
Hajia Alima Mahama has asked the Metropolitan, Municipal and District Assemblies must find innovative ways of developing the economic potentials in their communities to improve the living standards of the people.
Hajia Mahama, Minister…
The government has been asked to take steps to construct a modern arts village in Kumasi to serve as one-stop shop for traditional handicrafts. Mr. Solomon Afrane, Secretary of the African Wear Traders Association, said this could boost…
The Ghana Revenue Authority (GRA) Special Revenue Mobilisation Taskforce says it will intensify its tax compliance checks in 2017 to sustain the gains made in the recovery of hidden taxes.
Briefing the press, Mr Henry Sam, the National …
The Ministry of Trade and Industry has put in stringent measures to ensure that non-traditional exports contributed significantly to sustainable economic growth. The Ministry of Trade and Industry has consistently pursued an export divers…
The Food and Agriculture Ministry has scaled up the effort to substantially increase cassava production in the Kwahu South District. It has through the West Africa Agricultural Productivity Programme (WAAPP), supplied improved planting ma…
The government has been asked to provide active support to the agricultural and manufacturing sectors to be able to create the needed jobs.
The Director of Research at the Institute for Fiscal Policy (IFS), Dr John Kwabena Kwakye, …
For Munyaradzi Gwatidzo, entrepreneurship was initially really about survival. With no one to take care of Gwatidzo and his siblings, they learnt to fend for themselves.
“We were always thrown out of school because we hadn’t paid schoo…
The Government will from next month begin the implementation of one of its flagship campaigns of abolishing some taxes that it says are harmful to the growth of businesses.
The move is expected to spur on growth and provide adequate inc…
Policy think tank, IMANI Ghana, will be launching a tracker for government’s free Senior High School policy.
The tracker is known as Expanding Quality, Inclusion & New Opportunities in Education (EQUINOX).
A statement from the think …
Founder Banke Ajagunna helps Nigerians to be as stylish as they feel
The Style Group (www.TheStyleGroup.ng), a contemporary lifestyle retail group in Nigeria, is leapfrogging the brick-and-mortar sales of fashion, accessories and design…
Some traders in the capital have blamed pastors for the low patronage of gifts and souvenirs for love ones during the Valentine’s Day celebrations.
They alleged that, pastors in the country have, in the past few years, demonised the cel…
MoneyGram and Capital Bank, announced today the launch of MoneyGram’s services across Capital’s Bank network in Ghana.
Customers in Ghana can now send and receive money from friends and family through 23 branches across the country. Th…
The Ghana National Chamber of Commerce (GNCC), as part of its strategic plan, would soon established a regional shipping line dedicated to the West Africa coast to facilitate trade within the region.
The shipping line, which is a West A…
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