The Tax Exemptions Bill has been laid in Parliament on behalf of the Minister for Finance, Ken Ofori-Atta. It was laid on November 16, 2021.
The bill, which seeks to streamline the tax exemption regime in the country, was first laid on …
The Executive Secretary of Cote d’Ivoire - Ghana Cocoa Initiative, Alex Assanvo, has presented his letters of credence to Ghana's Foreign and Regional Integration Minister, Ayorkor Botchwey.
The Cocoa Initiative aims to achi…
Stakeholders in the gas sector have called for a well-defined regulatory environment that will help attract the needed financing and investments into the sector.
The stakeholders contend that while the country and the West African sub r…
Rural and Community Banks (RCBs) and Microfinance Institutions must flag and report transactions that are unusual and suspicious to the Financial Intelligence Centre (FIC), the Head of Financial Stability Department of BoG, Dr Joseph Fra…
Blue Ocean Investments has at the just ended 8th Oil and Gas Awards won the Bulk Distribution Company of the Year.
At a ceremony that took place at the Kempinski Gold Coast Hotel in Accra, organizers said the category sought for a leade…
Ghanaian oil marketing giant, GOIL, has refuted suggestions that its latest 15 pesewas price reduction on petrol and diesel was in response to a directive from the government.
GOIL has thus challenged the Association of…
Global supply-chain disruptions could remain high until H2 2022 amid renewed Covid-19 outbreaks around the world, China's sustained zero-Covid policy and demand and logistic volatility during Chinese New Year, according to Euler Hermes' Gl…
A new business guide has been launched to help environmentally minded entrepreneurs, who want to make money out of plastic waste where seemingly no other solutions exist.
Aimed at any business looking to make money from reusing and rec…
Women in leadership positions in the energy sector have been urged to collaborate and support the younger ones as a three-day Women in Energy Conference opens in Accra.
The conference, which is the third in a series, has brought togeth…
Government has launched six (6) community mining schemes in “galamsey” endemic areas of the country to address the issue of illegal mining.
The schemes, which are being rolled out in six (6) mining areas in the Western, Ashanti, and Eas…
The Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, says the collapse of his bank may be linked to his decision not to align strongly to any political party.
He said while the bank was performing poorly at…
GOIL Company Limited has reduced fuel prices by 15 pesewas following a government directive.
The directive followed a meeting between a government team and transport unions last Monday.
The price reduction came into effect yesterday,…
MTN Group is pleased to announce the appointment of Hermann Tischendorf as our Chief Technology & Information Officer for Digital and Fintech.
“We are delighted to have a seasoned executive of Hermann’s calibre joining our growing DigiFin…
AirtelTigo Ghana has fulfilled its promise by rewarding GHS10,000 to Prempeh College for emerging as the Highest Scorer in the grand finale of 2021 National Science and Math’s Quiz (NSMQ).
NSMQ which is by far the biggest academic compe…
B5 Plus Limited, the largest and biggest steel manufacturing company in Ghana has received top awards in the country for its Corporate Social Responsibility initiatives and investment in business for the year 2021 under review.
At the r…
The new tax measures introduced in the 2022 budget will increase the country’s tax to Gross Domestic Ratio (GDP) to 16.5 per cent, Finance Minister, Ken Ofori-Atta, has said.
The country’s current tax to GDP Ratio stands at 12 per cen…
Chief Superintendent (C/Supt) of Immigration Henry Asare, Deputy Aflao Sector Commander, Ghana Immigration Service (GIS) has asked transport operators to direct their border closure concerns to the appropriate quarters and not the Servi…
The Ghana Civil Aviation Authority has reiterated its commitment to execute its mandate of licensing air transport operations and providing air navigation services within the Accra Flight Information Region.
The Authority said this at a…
The Chamber of Petroleum Consumers (COPEC) is worried that the directive to GOIL to reduce fuel prices could cost it GH¢9 million every month, insisting that is not a sustainable solution.
Speaking on Eyewitness News, th…
The Commissioner of Insurance and Chief Executive Officer of the National Insurance Commission (NIC), Dr Justice Ofori, has been adjudged the Chief Executive Officer (CEO) of the year 2021.
Dr Ofori took the best CEO for 2021 award a…
Over a million doses of COVID-19 vaccines supplied through UNICEF's COVAX initiative were delivered to Accra from Washington DC today by United Airlines. The consignment is in support of Ghana's drive to vaccinate as many residents as pos…
Minly, the MENA region’s fastest growing media & entertainment start-up, announces the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.
The acquisition of Oulo consolidates Minly’s position as…
Equinix, Inc.(www.Equinix.com) (Nasdaq: EQIX), the world's digital infrastructure company™, today announced its expansion into Africa through its intended acquisition of MainOne (www.MainOne.net), a leading West African data center and con…
The International Cocoa Organization is honored to announce that, after a process that began in 2019, Colombia has joined the ICCO as a full Member country.
Yesterday on 7 December 2021, H.E. Mr Iván Duque, President of the Republic of …
Radisson Hotel Group (bit.ly/3ozC7Sl), one of the world’s leading hotel groups, looks optimistically towards 2022 as it positively culminates the year with numerous milestones achieved in Africa over the past twelve months.
T…
As the voice for the African energy sector, the African Energy Chamber (AEC) (www.EnergyChamber.org) condemns the recent attack on Africa’s energy and economic progress made by the environmental organization Friends of the Earth. This week…
The Public Interest and Accountability Committee (PIAC) has called for an impact evaluation of the priority areas that are selected for spending of oil revenues.
An assessment by the committee revealed that even though four priority are…
OVER 400 stakeholders in the agribusiness sector, transaction advisors, financial institutions, and investors took part in the recent Ghana agribusiness investment summit.
The virtual summit which is part of the US Agency for Internatio…
Vice-President Dr Mahamudu Bawumia says the success of the growing strategic partnership between the governments and peoples of Ghana and Guyana would hinge to a very large extent the productive participation of the private sector.
…
The government of Ghana has been called upon to develop the Ada Songhor Lagoon Salt to serve the ECOWAS sub-region, Reverend Dr Samuel Worlanyo Mensah, an Economist and Executive Director, Centre for Greater Impact Africa has said.
…
As part of its 15th anniversary celebrations, Fidelity Bank, Ghana’s largest privately-owned indigenous bank, has unveiled a series of exciting Christmas offers to appreciate its loyal customers. Targeting small businesses and salaried wor…
Vodafone broadband customers have a lot to look forward to this Christmas, as the CIMG Telecoms Company of the Year introduces another exciting promotion for the festive season.
The initiative nicknamed “2 Moorch Christmas Promo”, will …
The Papaye Group Ghana will in January 2022 launch the country’s new mega eco-tourism project christened Papaye Recreational Village and its hallmark event to mark the 30th anniversary celebration of Papaye Fast Foods.
According to a St…
Melcom Group of Companies has joined the Quick Service Restaurant (QSR) business with plans to open Pizza Hut Restaurants at seven different locations in the country.
These locations include, Dzorwulu, East Legon, Palms, Melcom Plus, Un…
Ghana has announced some tax incentives to 29 Belgian investors exploring business opportunities in the country.
The Deputy Minister of Trade and Industry, Mr Herbert Kapa, in a keynote address at an information session on Busine…
The resumption of gas supply from the Atuabo gas plant after a two-week maintenance shutdown will not come off due to a detection of new leakage in the plant
The management of the Ghana Gas Company, operators of the Atuabo gas facil…
The National Petroleum Authority (NPA) has urged consumers to be price sensitive and ensure they are served the right quantities of fuel at the pumps amid the decline in fuel prices.
Mr Mohammed Abdul-Kudus, Communications Manager, …
Olam’s Nutrifoods Ghana Limited, manufacturer and marketer of biscuits, has introduced of a new shortbread cookie into its range of Perk biscuits brand ahead of the Christmas season.
According to the company, the product, the Perk Butte…
Speakers at the 7th Ghana Gas Forum have made a strong case for the need to put in place the infrastructure required to drive the Gas sector in Ghana and the West African sub region.
The speakers were of the view that the problem of dem…
A new study by Juniper Research has found that the total value of mobile money transactions in emerging markets will exceed $870 billion in 2026, up from $555 billion in 2021; representing growth of almost 60 per cent.
Mobile money in…
THOUGHT OF THE WEEK
HOW TO MAKE THE BEST OUT OF YOUR FINANCES DURING THE FESTIVE
SEASON? (PART 1)
The best decision to make this festive season is to save for the season long before the decorations go up but at this point, the advice …
As part of its contribution to the growth of the real estate sector in Nigeria, luxury property development company, The Address Homes is partnering with the Lagos State Government on the 2nd Real Estate Market Place Conference and Exhibit…
IC Markets has recorded its highest ever monthly trading volume, following a surge in trading volume across all asset classes in November.
According to IC Markets the record month is a result of its product diversification, growth into …
Madagascar can create jobs, speed economic and fiscal recovery from COVID-19, and build a stronger future by introducing private sector reforms, improving the financial inclusion of smaller businesses, and strengthening competitiveness in …
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has approved a US$200 million corporate facility for BUA Industries Limited, a member of the BUA Group (BUA), to complete its vertically integrated sugar…
Vivo Energy Ghana, the exclusive marketer and distributor of Shell branded fuels and lubricants has been inducted into the Hall of Fame for excellence in Corporate Social Responsibility (CSR) at the 2021 edition of the Ghana Oil and Gas Aw…
Accor (group.Accor.com), a world-leading hospitality group with over 400 hotels across India, Middle East, Africa and Turkey is expanding its footprint in Eastern Africa with the opening of the first Mantis property in Kenya. The Mantis Ma…
WaffarX, the first-ever cashback shopping service in the MENA region, announces it has completed a multi-million dollar financing round led by the Silicon Valley venture capital firm, Lobby Capital – for whom it is their first investment …
Twelve green businesses and entrepreneurs from the Ashanti and Western Regions have received a combined matching grant of GHC 1.17 million under the 2021 GrEEn Innovation Challenge.
The GrEEn Innovation Challenge is part of the Bo…
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