$80m steel company inaugurated at Prampram
An $80 million steel manufacturing company under the One District One Factory (1D1F) initiative, was Tuesday commissioned by President Nana Addo Dankwa Akufo-Addo at Pampram, in the Greater Accra Region.Owned…
GREDA pushes for law to regulate ownership of compound houses
Stakeholders in Ghana’s real estate sector are asking for a law to regulate the ownership of condominiums, popularly known as compound houses in the country. Currently, there are no dedicated…
GSS begins training for 2021 Population and Housing Census national trainers
The final phase of training of National Trainers for the 2021 Population and Housing Census (PHC) commences today, Thursday 8th April 2021. The residential training workshop will end on Friday,…
NPA launches fuel monitoring system to seal revenue leakages
As part of efforts aimed at eliminating illicit activities associated with the transportation and effective distribution of petroleum products across the country, government has introduced the National Retail Outlet Fuel…
Replacing TIN with Ghana card won’t automatically increase revenue – Tax Analyst
A tax analyst, Francis Timore Boi says the replacement of the TIN with the Ghana Card for tax identification purposes by the Ghana Revenue Authority, will not immediately or necessarily…
Profits of leading banks increased in 2020 despite COVID-19 outbreak
Data from the financial statements of some leading banks in the country for the year ended 2020, shows increases in profits for some and some declines for others. This can…
Ghana Card, TIN merger: GRA eyes significant increase in revenue as taxpayers quadruple in 2 years
The Ghana Revenue Authority (GRA) has devised a strategy to translate the increased Tax Identification Numbers (TIN) into revenue in the short term, the Commissioner-General Ammishaddai Owusu-Amoah has told the…
BoG releases list of approved e-money issuers, payment service providers
The Bank of Ghana (BoG) has released the list of regulated companies approved to operate as electronic money issuers and payment service providers for business transactions in the country. They…
Commercial flights to and from Ho to begin in 2 weeks
The Minister of Transport, Mr Kweku Ofori Asiamah, on Wednesday, directed landowners to ensure that the Ho Airport lands were not encroached upon. The Ho Airport begins operation in the…
Employer compliance with tier-2 pension scheme on the rise
…as NPRA exercises power to prosecute Over 70 percent of 60 defaulting employers have begun paying pension contributions of their employees under the tier two scheme, following notice of legal…
Encouraging competition in AfCFTA: Govt waives import duties
The government has waived import duties on imported equipment, machines and raw materials for local manufacturing companies to enable them to become competitive in the global marketplace. Since 2017, the…
Poultry farmers welcome government’s plan to industrialize Kumasi
The Greater Accra Poultry Farmers Association has lauded government’s plan to turn the Ashanti Region into the second industrial city of Ghana. The Association however believes it can only benefit…
Ghanaian entrepreneur build a business that combats counterfeit products
When you are standing in front of a shelf in a shop, looking at different products on display, many things go through your mind. You might be wondering if the…
GhIPSS eyes the commercial transport sector, as GhQR chalks 1 year
The Ghana Interbank Payment and Settlement System (GhIPSS) is targeting the commercial transport sector as one of the key pillars to drive patronage for GhQR. The subsidiary of Bank of…
Initiative to support female social entrepreneurs launched
An initiative to explore opportunities and access to funding for female social entrepreneurs has been launched in Accra. Dubbed, SE Ghana Social Thursday Celebration, the initiative is to help accelerate…
3 Firms partner to create digital market for women businesses
The Ghana Enterprise Agency (GEA), formerly the National Board for Small Scale Industries (NBSSI), and the Mastercard Foundation have announced a partnership with Lokko House Limited, to create a retail…
Tullow to invest $4.4bn in oilfields
Tullow Oil Ghana has announced a $4.4-billion investment in the country’s oilfields over a 10-year period. The investment will be channelled into drilling of more than 50 new oil wells…
Tax exemptions on capital gains now permanent
The government has made tax exemptions on capital gains on listed companies a permanent feature of the country’s fiscal regime. The initiative was announced in the 2021 Budget Statement as…
Blueprint on how businesses can benefit from AfCFTA developed — Minister
The Minister of Trade and Industry, Mr Alan Kyerematen, has said the government has developed a blueprint on revamping the operations of businesses to enable them to take advantage of…
Central Bank keeps policy rate unchanged at 14.5 per cent
The Monetary Policy Committee of the Bank of Ghana has kept its policy rate unchanged at 14.5 per cent, citing pressures from rising crude oil prices and direct and secondary…