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Aliko Dangote arranges $4.5b of financing for oil refinery

Africa's richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to start...

16 banks left to their fate over minimum capital

The sixteen (16) banks yet to meet the minimum capital requirement will have to expedite processes to tap into available options before the December...

PHOTOS+AUDIO: Midland saga: Customers besiege premises to withdraw monies

Scores of customers of Midland Savings and Loans Company have besieged the premises of the Shiashie branch of the firm to withdraw their monies. The...

Soilless vegetable production introduced in Upper East

Soilless Vegetable Production, a new technology of producing hygienic and large quantity vegetables without the use of soil has been introduced to two farmer...

New tax bills laid in parliament

Existing bills which need amendment and a new bill to encompass the newly-imposed taxes have been laid before parliament. Government is seeking an amendment to...

Finance Minister lied to us over VAT increase – Ato Forson

The Minority spokesperson on Finance, Ato Forson, says...

If you earn GHC10,000+, prepare to pay 35% personal income tax – Ofori-Atta

Ghanaians who earn GHS10,000 or more will, henceforth, pay 35% of their salary as personal income tax, Finance Minister Ken Ofori-Atta, has said. He told...

VAT rate increased in disguise; don’t jubilate yet – Seth Terkper

Former Finance Minister, Seth Tekper, has urged businesses in the country not to rejoice over the 2018 mid-year budget review which supposedly tried not...

STC, Metro Mass to get new buses

In line with government's agenda to improve public transportation, the Ministry of Finance has initiated processes for the acquisition of high occupancy buses for...

Corrupt GRA officials, TAX evaders to face prosecution

Government has revealed its intention to prosecute tax...

Burdens of Ghanaians eased under Akufo-Addo government – Ken Ofori Attah

The Minister of Finance, Ken Ofori Attah, says the President Akufo-Addo government has eased the burdens of Ghanaians since coming into office. Mr Ofori-Atta told...

Full Mid-Year Fiscal Policy review of the 2018 Budget Statement and Economic Policy

Finance Minister, Ken Ofori-Atta, on Thursday, presented government’s Mid-Year budget review of the 2018 budget to Parliament. Among other things he revealed that the economic...

Government to introduce luxury vehicle levy

Minister of Finance, Ken Ofori Attah, has revealed that government will soon impose tax on luxury cars with an engine capacity of 3.0 litres...

ALL THE PHOTOS: 2018 Mid-Year Budget Review

The Finance Minister, Ken Ofori-Atta has presented before Parliament the government’s 2018 mid-year budget review Thursday afternoon. The presentation was in line with Ghana’s Financial Management...

No increase in taxes – Finance Minister assures

The Minister of Finance Ken Ofori Attah has told parliament that there will be no increase in taxes as has been speculated on social...

Midyear budget review 2018: Gov’t urged to drop wholesale Free SHS implementation

There are mixed expectations ahead of the 2018 mid-term budget review later this morning as the Finance Minister Ken Ofori Atta will be reviewing...

About 3000 Abossey Okai traders not paying tax – Spareparts Dealers Chairman

The Acting Chairman for Abbosey Okai Spareparts Dealers and the National Organizer for Ghana Union of Traders Association (GUTA), Clement Boateng says about 3000...

Chorkor fishermen back ban on fishing

Some fishermen at Chokor have backed the ban on fishing, saying the move will help replenish fish stock in the country’s waters. Minister of Fisheries...

Aliko Dangote, Africa’s richest man, on his ‘crazy’ $12bn project

As a rule, I don’t get worked up over oil refineries. But the one gradually taking form on 2,500 hectares of swampland outside Lagos,...

VIDEO: Ghana’s economic growth outstanding – Kojo Oppong Nkrumah

Deputy Information Minister Kojo Oppong Nkrumah has described Ghana’s economic growth as outstanding. He said after a year of fiscal discipline and innovative economic management,...

Ecobank collaborates with Ghana Red Cross Society to reach out to flood victims

Following the recent heavy downpour that has led to flooding in some parts of Accra, Ecobank and the Ghana Red Cross in a joint...

No VAT increases in mid-year budget review

Proposed increases in the rate of value-added tax have been frozen, sources close to the government have indicated. Joy Business sources say Finance Minister Ken...

New tariffs could hurt Tilapia’s popularity

Tilapia’s rise to ubiquity across U.S. restaurants and seafood aisles over the past decade has been rapid. Now that the Trump administration has targeted...

Expect to pay more at the pumps soon – IES

Fuel prices remained steady for the past two pricing windows, but expect to see a slight increase in coming weeks, the Institute of Energy...

Ban on fishing to start on August 7 – MOFAD

Government has imposed a one month ban on all fishing activities in the country. The ban takes effect from August 7 to September 4, this...

Jumia Ghana launches 6th anniversary ‘salebration’

Ghana’s leading online retail company on Thursday officially launched it’s 6th anniversary celebration. Speaking during the press briefing held in Accra, Jumia Ghana’s management...

VAT may go up from 17.5% to 21.5%

Minister of Finance, Ken Ofori-Atta is likely to increase the Value Added Tax (VAT) to 21.5 percent from the current 17.5 percent in the...

VIDEO+PHOTOS: Leasafric Ghana outdoors juicy packages for its world-class car rental services

The government of Ghana has been urged to create a conducive environment for businesses in the country. The General Manager for Leasafric Ghana, Kalu Onyeamu...

GO Energy gets new Managing Director

The Ministry of Energy has appointed Razak Awudulai as the Managing Director of the GO Energy Company Limited. GO Energy is a subsidiary of state-owned...

Ghana’s total debt stock hits GH¢154 billion

The country’s total debt stock has reached GH¢154 billion May ending, according to a provisional data from the Bank of Ghana. The provisional data shows...

Uber makes driver, rider phone numbers anonymous

Uber has today announced new privacy changes to its app in Ghana that now anonymises phone numbers of driver-partners and riders. As of today, 12...

Inflation rate for June hits 10%

The inflation rate for June 2018 rises to 10 per cent as a result of increases in prices of non-food items in the country. This...

First Allied deny ties with Kwesi Nyantakyi

First Allied Savings and Loans (FASL) has denied allegations that Kwesi Nyantakyi is a shareholder of the company and that Bank of Ghana is...

Banks’ Non Performing Loans hit GH¢8.6bn – BoG

Despite moves by the central bank to sanitize the banking sector, the industry’s asset quality remains a source of concern as the Non-Performing Loans...

Cocobod to boost cocoa production to one million tonnes

Ghana Cocoa Board (COCOBOD) says it expects to boost cocoa production to one million metric tonnes ahead of a five-year target because of the...

Elsie Appau honoured by Africa Achievers Awards Foundation in the UK

The Regional Representative of Acreaty Management PLC, Elsie Appau, has been recognized by the Africa Achievers Foundation as an African Achiever. Mrs Appau who is...

MODEC partners commit $250,000 to Medical Research in Ghana

MODEC Ghana, operators of the FPSO Kwame Nkrumah has underscored its commitment to support science research in Ghana. It has together with other partners signed...

NPP Conference: Traders in Koforidua make good sales

Traders in Koforidua have taken advantage of the national delegates’ congress of the ruling New Patriotic Party (NPP) to do brisk business. More than 6,000...

Ecobank Sponsors Medical Students for Exchange Programmes Abroad

Ecobank Ghana has supported 12 medical students with various sums of money to travel abroad for their medical training exchange programmes. Out of the 12,...

Ghana’s cocoa sector to receive a $100m boost

Ghana's Cocoa sector is to receive a $100m investment from the World Cocoa Foundation to help grow the sector, President of the Foundation has...