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Finance Ministry reacts to Moody’s downgrade of country’s rating

The Finance Ministry is appealing against the downgrade of the country’s credit rating to Caa1, from B3 and economic outlook to stable, from negative. It...

Ignore 30% transport fare increase – GRTCC

The Ghana Road Transport Coordinating Council (GRTCC) has refuted claims that transport fares are expected to go up by 30 per cent. According to General...

Bawumia launches e-Travel Card for accountability in travel allowances

Vice-President, Dr Mahamudu Bawumia, has launched the e-Travel Card to facilitate accountability in travel allowances and other payments for local and foreign trips of...

Transport fares to go up by 30% from next week – Drivers Association

The Coalition of Transport Operators have disclosed that starting from Monday, February 7, transport fares will be increased by 30%. Speaking in an interview with...

Finance Minister to reintroduce E-levy at 1.5%

The Deputy Majority Leader has revealed that the Finance Minister, Ken Ofori-Atta, will withdraw the controversial Electronic Transactions Levy (E-levy) in Parliament and re-introduce...

Ghana grants too many tax exemptions – World Bank

World Bank Country Director, Pierre Frank Laporte, says the only way Ghana can fix its debt to GDP ratio is not just by cutting...

Shatta Wale sends message to NPP over E-Levy bill [Video]

Dancehall musician, Charles Nii Armah Mensah, has waded into the controversial E-vey bill that has been trending for weeks in Ghana. According to him, the...

Ghana-South Africa business chamber to increase investment in Ghana

The South African High Commissioner to Ghana, Grace Jeanet Mason, has outlined plans put in place by the chamber in increasing investment in Ghana. Speaking...

We’ve provided $430 million to Ghana to fight Covid-19 – World Bank

World Bank Country Director, Pierre Frank Laporte, has revealed that the World Bank has provided the government of Ghana $430 million to fight the...

Integrated Aluminium Industry: GIADEC CEO commends progress of work at Project 2 – Nyinahin Block-B

Chief Executive Officer (CEO) of the Ghana Integrated Aluminium Development Corporation (GIADEC), Mr Michael Ansah, on Thursday paid a working visit to one of...

Ghana Card registration exposes 10m potential taxpayers

The Ghana Revenue Authority (GRA) says the merging of the Tax Identification Number (TIN) and Ghana Card has been very helpful in their operations...

E-levy: GRA readies for implementation

The Ghana Revenue Authority (GRA) seems to be preparing the grounds for the implementation of the yet-to-be-approved Electronic Transfer Levy (E-Levy). The tax proposal which...

Ken Ofori-Atta makes strong case for E-levy

The Finance Minister, Ken Ofori-Atta, has said that the passing of the Electronic transaction levy (e-levy) would make it possible for accountability. Speaking at a...

NCA to sanction network operators, advertisers over unsolicited messages

The National Communications Authority (NCA) has announced that it will begin to sanction Mobile Network Operators (MNOs), Advertisers, Value-added Service Providers (VASPs) and Content...

Japan Motors launches newly upgraded Nissan KICKS

Japan Motors Trading Company Limited (JMTC) has launched the latest incarnation of the globally successful compact crossover, Nissan KICKS. This global Nissan model, which is produced...

Facebook CEO says don’t screenshot your Facebook Messenger chats

Mark Zuckerberg has issued a reminder – and an apparent warning – to users of Facebook Messenger who screenshot their chats. The Facebook founder and CEO of...

GACL orders McDan Aviation to suspend use of KIA Terminal 1 indefinitely

The Ghana Airports Company Limited (GACL) has ordered the newly launched McDan Aviation to suspend the use of the Kotoka International Airport (KIA) until...

GITFiC commences nation-wide survey on AfCFTA

Africa’s journey towards an integrated and prosperous continent attained an important milestone on May 30th, 2019 with its participation in the Agreement, establishing the...

KGL Group signs 10-year partnership agreement with NLA in excess of ¢1bn

KGL Technology has signed a 10-year partnership agreement with the National Lottery Authority (NLA) effective January 2022. This agreement gives KGL Group the sole license...

SIM card re-registration is absolutely free – Telecoms Chamber

The Ghana Chamber of Telecommunications has told subscribers not to pay for the re-registration of their SIM Cards. In a press statement signed by Chief...

Govt to restore levies on petrol, diesel and LPG

The National Petroleum Authority (NPA) has indicated its decision to restore the Price Stabilisation and Recovery Levies (PSRL) on petrol, diesel and Liquefied Petroleum...

Zuberi introduces referral bonus for govt workers

Ghanaian-owned Fintech app, Zuberi, has launched a referral bonus platform for government workers to earn extra cash. The soon-to-launch platform, described as an app for workers...

Shippers’ Authority eyes boost in transit trade as it shelters truck drivers

The perennial transit truck congestion at the Elubo border and the haphazard parking of cargo trucks in the Jomoro Municipal Assembly has become a...

1D1F: First shipment of processed fruits from Nano Foods exported to Canary Islands

The first shipment of processed fruits from Nano Foods at Nsawam-Adoagyiri under the One District One Factory (1D1F) initiative has been exported to the...

Bird flu: Govt approves GH¢44 million compensation for affected farmers

The Government has approved GH¢44 million as compensation package to be paid to poultry farmers affected by the recent outbreak of bird flu in...

Commercial transport operators to decide on fare increment on February 2 [Video]

The Coalition of Private Transport Operators and the Ghana Private Road Transport Union (GPRTU) says engagements on the increment of fares will be concluded...

Ghana’s debt hits ¢344.5bn in November 2021; ¢2.7bn fresh loans added

Ghana’s public debt stock shot up by ¢2.7 billion to hit ¢344.5 billion in November 2021, the January 2022 Bank of Ghana Summary of...

Local rice producers scramble for buyers; expert calls for ‘urgent’ govt intervention

Thousands of bags of harvested rice during the last farming season are sitting in the warehouses as farmers have revealed that rice off-takers in...

Be ambassadors for Ghana Post – MD to Juaso residents

The Acting Managing Director (MD) of Ghana Post, Bice Osei Kuffour aka Obour, has paid a working visit to the chiefs and people of...

E-Levy: Bankers Association makes last-minute appeal

Commercial banks are making a last-minute appeal for the tax on electronic transactions to be reduced marginally to not more than 1%. Speaking on PM...

Rice millers, others worried over suspension of benchmark value discount policy

The Rice Millers Association of Ghana has expressed dissatisfaction over the indefinite suspension of the benchmark reversal value discounts. The Ghana Revenue Authority on January...

Apiate explosion: This is how much govt is losing weekly over Maxam shutdown

Most mining companies that receive supply of explosives from Maxam may have to cut production if moves to get Maxam to resume production is...

No need to reinvestigate banking sector crisis – Special Prosecutor told

Anti-Corruption crusader, Vitus Azeem, says the Special Prosecutor’s decision to investigate the 2017 to 2020 financial sector crisis amounts to double investigations as the...

Office of Special Prosecutor probes banking sector crisis

The Office of the Special Prosecutor (OSP) says it has commenced investigations into the financial sector crisis which led to the collapse of some...

Lord Rayden Foundation to provide support to families who have lost loved ones serving as security personnel in Ghana

One of the visible non-governmental organisations in Ghana, Lord Rayden Foundation has pledged to provide the necessary support, be it medical, legal or financial,...

Wilmar Ghana to reward wholesalers with new travel promotion

Wilmar Ghana Limited, producers of Frytol cooking oil and Fortune Rice, has launched a promotion to reward its loyal customers in the wholesale sector....

Ghana assumes complete ownership of Ameri Power Plant

Ghana has taken full ownership of the 250-megawatt (MW) power production plant from the African and Middle East Resources Investment Group, otherwise known as...

National Investment Bank embarks on voluntary layoffs

The National Investment Bank (NIB) has completed a voluntary exit programme where some employees have been given the opportunity to voluntarily exit the bank. Graphic...

Light fishing heavily impacts fisherfolk as fish stocks decline

Many in the fishing community have raised concerns over the cost of light fishing as it has heavily impacted their lives and reduced fish...

Strong economic growth, domestic revenue mobilisation being pursued- Akufo-Addo

President Nana Akufo-Addo has spoken on the pursuit of domestic revenue mobilisation to rebound the economy from the devastating effects of the COVID-19 pandemic. Speaking...