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Take-or-pay contracts cause challenges in energy sector

The challenges facing the energy sector resulted in obnoxious take-or-pay contracts signed by the previous government, which obligated the country to pay for capacity it does...

Ghana Cocoa Board to raise $1.3 billion in syndicated loans

Ghana Cocoa Board will raise $1.3 billion in syndicated loans for its operations in the 2019/2020 season, the Minister of Finance Mr Ken Ofori-Atta announced in...

Govt took tough decisions to right wrongs of Mahama’s era – Finance Minister

The Finance Minister, Ken Ofori-Atta, has said that the Akufo-Addo government has had to take some difficult decisions to correct the wrongs of the...

Govt eats humble pie over killer Luxury Vehicle Levy

Government has scrapped the Luxury Vehicle Levy (Act 969) which was introduced by Parliament and assented to in July, 2018. The decision, according to the...

Govt to resume work on major cocoa roads – Ken Ofori-Atta

The government has resumed work on cocoa roads, Ken Ofori-Atta, the Finance Minister has announced. The resumption includes upgrading, routine and periodic maintenance activities of...

Infographics: All you need to know about 2019 Mid-year Budget Review

Finance Minister, Mr Ken Ofori-Atta on Monday, July 29, 2019 presented the 2019 Mid-year Budget Review in Parliament. The infographics below details the government's efforts...

Communication Service Tax up to 9%

Finance Minister, Ken Ofori-Atta is proposing a three percent increase in Communication Service Tax, thus from six percent to nine percent. This, he explained, is...

Possible Communications Service Tax increase; Minister reacts

Minister for Communications, Mrs Ursula Owusu-Ekuful is in support of any measure which will increase government revenue. Citing her Ministry as an example, she said...

Ato Forson’s prediction ahead of Mid-year Budget Review

Former Deputy Finance Minister, Cassiel Ato Forson is predicting tax increases ahead of the Mid-year budget review. His prediction, according to him, is based...

2019 Mid-year Review: ‘Petrol, mobile tax to go up’

Pro-government newspaper, The Daily Statesman, has hinted that the Finance Minister will announce an increase in petroleum and mobile tax today. Ken Ofori-Atta, will address...

Terkper shares thoughts on 2019 Mid-year Budget Review

DON’T RUSH TO PRAISE ALL OF AFRICA’S “POPULAR” BUT FISCALLY UNSUSTAINABLE PROGRAMS Introduction - Context is 2019 Mid-Year Review and the need to be realistic...

Bank of Ghana records GHS793m loss in 2018

The Bank of Ghana (BoG) last year recorded a loss of GHS793 million resulting from its operations, the bank’s 2018 Annual Report, has shown. The...

Forget prosecution; focus on our money – Menzgold clients chant in court

For several scores of Menzgold clients, there is no interest in the State’s criminal prosecution of the Chief Executive Officer (CEO) accused of defrauding...

Video: Not even angels can stop cocoa smuggling in Ghana – Former Minister

Former Western Regional Minister, Dr Kwaku Afriyie says not even angels can clamp down on the smuggling of cocoa beans from Ghana to neighbouring...

Video+Photos: Menzgold customers storm court over NAM1

Desperate customers of Menzgold Friday morning besieged the premises of the court to demand the release of the Chief Executive Officer (CEO) of the...

Yango launches comfort tariff in Accra

Yango, a ride-hailing service,after successfully launching in Ghana in June 2019, has introduced the Comfort tariff. The comfort tariff is an additional tariff in...

Y’asem Nie: How a gas explosion opened doors for me – Hot Oven CEO shares story

A near death experience of the Chief Executive Officer (CEO) of Hot Oven and Sweets is now a success story in the bakery industry...

Y’asem Nie: Taxes killing our business – Bakers cry [video]

Some bakers in Ghana are complaining about high taxes imposed on the importation of flour and other products used in baking. According to them, the...

Stop protecting foreigners in retail business – GUTA tells Immigration Service

The Ghana Union of Traders' Associations (GUTA) has cautioned the Ghana Immigration Service (GIS) to stop shielding foreigners involved in retail businesses in Ghana. According to the...

Video: GUTA threatens civil disobedience if gov’t fails to enforce retail trade laws

The Ghana Union of Traders Association (GUTA) is planning a mammoth demonstration against government in three months, if it fails to enforce laws governing...

Ghana to hit 95% of mobile connectivity by 2020

Ghana is expected to hit 95 per cent of mobile telephone connectivity by next year, 2020, Mr Vincent Sowah Odotei, Deputy Minister of Communications announced on...

Irate traders close shops of foreign retailers at Opera Square again!

Some members of the Ghana Electrical Dealers Association (GEDA) on Monday, locked up shops owned by foreigners at the Opera Square in Accra.  This ...

StanChart, Prudential Life Insurance launches educational plan

Standard Chartered Bank Ghana Limited and Prudential Life Insurance Ghana have launched savings and educational plans designed to help parents and guardians fund the...

PR practitioners advised to adopt entrepreneurial mindset

The Head of Communication for the Jospong Group, Madam Sophia Lissah has advised Public Relations practitioners to adopt an entrepreneurial mindset in...

Zeepay targets 150m mobile money subscribers in 20 African countries

Zeepay, a leading African financial technology company, is seeking to reach more than 150 million mobile money wallets in 20 African countries as it ...

Tricycle riders, dealers call for regulation for growth of rural businesses

Some tricycle (Pragya) dealers and riders are appealing to the government for legalisation and regulation to help boost rural businesses in Ghana. According to them,...

StanChart launches Social Banking Solution, SC Keyboard

Standard Chartered Bank in its continued efforts to meet the rising demands of the country’s digitally-savvy population has scored a first among its peers...

Takoradi residents laud the introduction of Cylinder Re-circulation Model

Participants at a day's stakeholder’s engagement on the 'Cylinder Recirculation Model (CRM)' being implemented by the National Petroleum Authority (NPA) have lauded the introduction of the...

Mid-year review to focus on revenue generation

The mid-year budget review which will be delivered by Mr Ken Ofori-Atta, the Finance Minister, on July 29, will among others focus on augmenting...

GTBank, Ria partner Zeepay to launch MOMO transfer service

Guaranty Trust Bank and Ria Money Transfer have teamed up with Zeepay, a local financial technology company to launch a mobile money transfer service...

GIFEC wins 3 awards at GITTA 2019

The Ghana Investment Fund for Electronic Communications (GIFEC) has bagged three awards at the just ended Ghana Information Technology & Telecom Awards (GITTA). The CEO of GIFEC Abraham Kofi Asante...

Ghana, Ivory Coast lift ban on cocoa sales

Ghana and Cote D’Ivoire have lifted the suspension of cocoa sales for the 2020/2021 season, effective July 16. The decision was contained in a joint...

MTN Heroes of Change 2019: Meet the Ekumfi man putting books on library shelves

How many volunteer teachers in rural communities have taken the initiative to help the schools they have offered their service to for short periods?...

Alliance Motors launches 2019 Range Rover Evoque

Alliance Motors, the authorised distributor of Jaguar and Land Rover vehicles in Ghana, has launched its latest model, the 2019/20 Range Rover Evoque in...

I feel sad for cocoa farmers – Mahama

National Democratic Congress (NDC) flagbearer, John Dramani Mahama has described as wickedness, the decision by the government to stop the supply of free fertilisers...

LPG Cylinder Re-circulation to start in October

Mr Alhassan Tampuli, Chief Executive Officer of the National Petroleum Authority has said that significant progress have been made towards the pilot implementation of...

GIFEC, GSMA, Vodafone to connect Ghana’s rural communities to internet

The GSMA, which represents the interests of mobile operators worldwide, has entered into a partnership with the Ghana Investment Fund for Electronic Communications (GIFEC) and Vodafone Ghana...

OMCs cited for cheating to compensate customers – COPEC

The Chamber of Petroleum Consumers (COPEC) has assured that retail outlets of Oil Marketing Companies (OMCs) which were exposed by the Ghana Standards Authority...

Release NAM 1, we need our monies – Angry Menzgold customers to govt (Audio)

The Coalition of Aggrieved Customers of Menzgold, a gold dealership firm, has urged the government to release the Chief Executive Officer, Nana Appiah Mensah...

82% of LPG stations in Central Region identified as High-risk

About 82.7 percent of 81 Liquefied Petroleum Gas (LPG) stations in the central region have been labelled as high-risk by the National Petroleum Authority (NPA), according...