The Minister of Finance, Mr Ken Ofori-Atta, says there is no revision of the 1.75 per cent E-levy because of serious fiscal implications.
“We will continue our consultations with the Minority Caucus in Parliament and other releva…
The Chief Executive Officer of CITSYS Limited, Mr Henry Nyako, has urged businesses to use information technology (IT) to overcome challenges in the establishment of successful companies.
He said IT systems had become even more crucial …
Commercial bus drivers have suspended the strike action embarked upon Monday morning.
The move according to them is to enable them engage further with government over their grievances which include the removal of taxes on fuel prices.
…
B5 Plus Limited, the largest steel manufacturing company in Ghana, has received top awards in the country for its Corporate Social Responsibility (CSR) initiatives, and investment in business for the year 2021 under review.
At the recen…
MTN Ghana has presented 20 brand new Hyundai Sonata vehicles to winners of the MTN@ 25 Promo for the months of September and October at a brief ceremony held at MTN House.
The 20 customers were made up 6 national winners and 14 regional…
Hundreds of people have taken part in protests on beaches in South Africa against planned exploration for offshore oil and gas by the multinational energy company, Shell.
On Friday, a court dismissed an application to halt an underwater…
Management of Mobile Telecommunications Network (MTN) has hinted of legal suits against private developers and road contractors who persistently cause damage to their fibre optic cables.
This, according to the company, has become necess…
The Association of Rural Bank (ARB) has renewed its appeal to the government to reconsider a reduction in the corporate tax rate for rural and community banks.
Corporate Tax Rate for the RCBs has been increased from eight per cent to …
A 160-member delegation from the African Diaspora are in Ghana for the maiden “Wakanda One City of Return Trade Expo” scheduled from December 3 to 13, 2021.
The expo, under the auspices of the African Diaspora Development Institute (A…
Former Finance Minister, Seth Terkper, has advised the government not to impose additional consumption taxes on Ghanaians, but rather consider reviewing the Value Added Tax (VAT) to broaden the indirect tax base.
“Instead of overburdeni…
Malaria cases have been reducing steadily in Tanyigbe in the Ho municipality for the past four months.
Earlier this year, health authorities expressed worry over the growing number of malaria cases in the area which hit 291 in July, w…
The Inspector General of Police (IGP) Dr. George Akuffo Dampare has assured the business community that the Police Service is in the process of standardising its operations to position the Service to adequately tackle the …
The National Advisory Board for Impact Investing in Ghana has announced the appointment of Mirabelle Moreaux, Investment Director of Injaro Investments, to its Board of Directors.
Mirabelle Moreaux is replacing …
Lifestyle Farms and Agro-Processing Company Limited, in the Ga North Municipality, has charged the government to fix deplorable roads leading to farming communities in order to make transport of raw farm produce to processing f…
The 8th edition of the Ghana Oil and Gas Awards (GOGA), on Friday, December 3, 2021, announced its winners at the Kempinski Gold Coast Hotel in Accra.
The all-important event organized by Xodus Communications in partnership with the Min…
The Minister of Information, Mr Kojo Oppong Nkrumah, has urged advertising companies to include artificial intelligence (AI) when crafting their works to improve the quality of advertisement in the country.
He said the prevalence of the…
The Presidents of Ghana and South Africa have called for increased trade between the two countries as the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end.
The remarks were made by the…
President Nana Akufo-Addo has reiterated the government’s pledge in dealing with the problem of fertilizer shortage in the country.
Speaking at the 37th Farmers’ Day celebration which crowned Alhaji Mashid Mohammed as the 2021 National …
INVESTMENT TERM OF THE WEEK
Ex-Dividend: Ex-dividend describes a stock that is trading without the value of the next dividend payment. The ex-dividend date or "ex-date" is the day the stock starts trading without the value of its next d…
Tomorrow, December 7th from 9:30am to 11am, the U.S. Chamber of Commerce will host the 2021 Africa Digital Economy Summit, highlighting the need for partnership to deliver a robust digital economy across Africa, which can offer new ways to…
The Kerry Group has expanded its footprint in Africa following its acquisition of Rwanda-based Afribon. This transaction further enhances Kerry’s focus as a leading business to business ingredient solutions provider for the food, beverage…
As part of efforts to provide quality medical care delivery, Vodafone Ghana Foundation, the charity arm of Vodafone Ghana has presented medical items worth thousands of Ghana Cedis to the Paediatric Ward of the Cape-Coast Teaching Hospital…
Vivo Energy, the pan-African retailer and marketer of Shell and Engen-branded fuels and lubricants, has marked the first decade of the Group’s formation with local celebrations across its 23 operating countries and support teams.
The c…
Resecurity, a cybersecurity and intelligence company, today announced its partnership with Safety and Intelligence Network Africa (SINA) to accelerate cybersecurity knowledge and skills transfer through training, awareness and innovative …
The Minister of Finance, Ken Ofori-Atta, has said proceeds from the 1.75% E-Levy, proposed in the 2022 budget, would ensure that over 11 million people are employed.
The government has said, among other things, that proceeds from the le…
Dr Pius Gadossey, Lecturer, Lancaster University says the use of Artificial Intelligence (AI) in the financial space will boost the security companies by alerting institutions of any discrepancies or unusual activity for prompt actions.
…
Hajia Salma Sani Mohammed, the Municipal Chief Executive (MCE) for Ayawaso East Municipality has said the Planting for Food and Jobs (PFJ) policy has made a remarkable boost in food production and export.
She said the policy has …
The Ghana Investment Promotion Centre (GIPC) is initiating legal reforms to guarantee incentives for investors with interests in helping Ghana achieve the Sustainable Development Goals (SDGs).
The incentives, tariff and non-…
The National Democratic Congress (NDC) Member of Parliament for Techiman North, Mrs Elizabeth Ofosu-Adjare, has urged the government to regulate the pricing of cashew nuts and also establish offices of the Tree Crops Development Authority …
The Chief Executive Officer (CEO) of the Asafo-Agyei Hospital in Kumasi, Archbishop Prof. Dr Asafo-Agyei Anane Frempong, has commended the Asantehene, Otumfuo Osei Tutu II, for promoting businesses in the Ashanti Region.
He said busines…
Senior Police Officers in the Upper East Region have been urged to upgrade their level of professionalism to boost transit trade activities on the nation’s trade routes.
This came up during a sensitization seminar organised by the Ghana…
The Chief Executive of the Ghana Interbank Payment and Settlement System (GhIPSS), Mr. Archie Hesse, says they are working around the clock to ensure intra-African payments from and to Ghana are smooth once the Pan-African Payment and Sett…
President Akufo-Addo has urged investors from Norway to consider partnering government to develop a modern railway network in the country.
This follows recent comments by the Minister for Railway Development, John Peter Amewu, to the ef…
Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong.
The firm has come under intense pressure since its US debut in July.
…
CBG mobile banking service App *924# Get Digi With It has been adjudged the Outstanding FIN innovative digital banking product of the year 2021. Some 38 tech industry captains, business leaders and organisations received honours at the mai…
A former Managing Director of the Ghana Airport Company Limited, Charles Asare says Ghana is on course to becoming a preferred aviation hub and a leader in air-travel business in West Africa with the commencement of commercial flights to…
Some traders at the Tema International Trade Exposition Centre (TEXPO) market at Baatsonaa in the Tema West Municipality has called for the face-lifting of the market into an ultra-modern trading centre.
According to the traders…
Government is working towards establishing a Farmer Database Scheme to track the subsidised fertiliser distribution programme to halt smuggling.
The Ministry of Food and Agriculture will also take the biometric data of beneficiar…
President Nana Addo Dankwa Akufo-Addo says he is optimistic that Ghana can leverage her food systems to achieve the vision of a Ghana beyond Aid.
He said the central pillar of his government's agricultural transf…
The 2021 National Best Farmer, Alhaji Mashud Mohammed, has said agriculture is a profitable venture that has bright prospects for those who will venture into it.
He demystified the erroneous perception that it is a form of punis…
President Nana Addo Dankwa Akufo-Addo Friday said Ghana’s cocoa sector growth, the main stay of the economy, has been more pronounced from 2017 mainly due to the government’s policy reforms in the industry.
“From an average …
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 …
The Minister of State at the Ministry of Finance (MoF), Mr Charles Adu-Boahen, has urged stakeholders to support the government’s revenue drive to accelerate the country’s development.
He said the 2022 budget was drawn to …
President Nana Addo Dankwa Akufo-Addo has urged members of the Black business community in the United States of America (USA) to take advantage of the numerous opportunities in Ghana to invest in the country.
“It is a great time to inve…
Chemico Limited, Ghana’s leading Agro-inputs company has supported this year’s National Farmers’ Day celebration with over GH¢250,000.
The company handed over a cheque of GH¢100,000 to the Ministry of Food and Agriculture (MOFA) and a…
Dr Stephen Yamoah, Executive Director, Nuclear Power Ghana (NPG), says opportunities abound in nuclear power for industrial acceleration and urged local industries to take advantage of the construction of the first nuclear power plant i…
The reconstituted board of the National Insurance Commission (NIC), has been inaugurated with a call on them to work hard to deepen insurance penetration in the informal sector insurance market.
The Minister of Finance, Ken Ofori-Atta…
About 76 per cent of businesses surveyed by the Institute of Economic Affairs 2021 Business Confidence Survey say they do not expect much change in their business performance in the next six months.
A significant number of businesses …
The Accra West Region of the Electricity Company of Ghana (ECG) recorded a revenue of GHC 3.9 million at the end of October this year.
The revenue realised were from fees collected from customers engaged in illegal connections and tho…
The Ghana Enterprises Agency (GEA) will from next week start the disbursement of about eight million cedis grant to approximately 120 small and medium enterprises (SMES) to support the growth of their business.
They are part of the se…