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1D1F: K.T Hammond lauds B5 Plus as it creates  10K jobs in 3 years

A one-district, one-factory (1D1F) entity, B5 Plus Ltd., has increased employment opportunities for over 10,000 youth with different educational backgrounds since the commissioning of...

Makola Fire: Victims takeover Mall’s car park

Some victims of the Makola Shopping Mall fire outbreak have taken over the mall’s car park as the new place for doing business.   The...

Make taxes affordable, simple to enhance compliance – GUTA

President of the Ghana Union of Traders Association (GUTA), Joseph Obeng, has urged government to make taxes affordable and simple to enhance compliance. According to...

Sol Cement reacts to company closure by GRA

Wan Heng Ghana Limited, producers of Sol Cement have assured that they are committed to fulfilling their tax obligations to the country. This follows the...

Pressure on cedi to ease this week

The pressure on the Ghana cedi is expected to ease this week, following the anticipated news of the inflow of the $800 million cocoa...

Ofori-Atta has nothing to offer cocoa farmers – President of Cocoa Farmers Assoc.

The President of the Concerned Cocoa Farmers Association, Nana Boateng Bonsu, has raised questions about the government’s decision to allow the Finance Minister, Ken...

Ghana Investment and Trade Week Summit opens in Accra

A three day Ghana Investment and Trade Week Summit under the auspices of the Ghana Investment Promotion Centre (GIPC) in partnership with MIE Group...

GRA closes Chinese company Sol Cement for ₵700m tax default

The Ghana Revenue Authority (GRA) has closed down a Chinese cement manufacturing company, Sol Cement, for not paying taxes. The company is estimated to...

International airlines apply to fly directly to Kumasi Airport

Some international airlines have applied to the Government of Ghana for permission to operate direct flights from various destinations to Kumasi International Airport. This...

FDA suspends operations of four sachet water companies in South Tongu District

The Food and Drugs Authority (FDA) has swiftly suspended the operations of four sachet water-producing companies in the South Tongu District of the Volta...

World Bank Consultant reveals cause of Ghana’s high unemployment rate

Emmanuel Awuni, a private sector consultant at the World Bank, says unfavourable business regulatory framework is hindering entrepreneurial potential and deepening Ghana’s unemployment situation. He...

Banks write off ¢2.416bn as bad loans as of August 2023

Banks wrote off ¢2.416 billion as bad debt in the first eight months of this year, 36.4% increase over the previous year, highlights of...

Farmers to receive 4.5 million day-old chicks

The Ministry of Food and Agriculture (MoFA) has started supplying 4.5 million day-old chicks to anchor farmers and their outgrowers. They will also receive vaccines...

Ghana Shippers Authority holds 8th media forum

The Ghana Shippers Authority (GSA) has held its 8th consultative media seminar. The event, in collaboration with the Ghana Journalists Association (GJA), took place...

I am positive IMF’s Board will approve the second tranche – Ofori-Atta

The Finance Minister, Ken Ofori-Atta, is optimistic that the board of the International Monetary Fund (IMF) would approve the second tranche of the country’s...

Ghana gets $540m from petroleum revenue fund in 6 months

The latest report from the Public Interest Accountability Committee’s (PIAC) 2023 semi-annual report has shown that Ghana made a total $540 million in revenue...

Abossey Okai Spare Parts Dealers announces closure of shops

The Abossey Okai Spare Parts Dealers have resolved to close down shops on November 1, 2023, to protest actions by the Ghana Revenue Authority...

2024 Budget should be heavily devoted to job creation — GFL

The Ghana Federation of Labour (GFL) expects the 2024 Budget to be devoted to job creation in both the private and public sectors and...

Some OMCs reduce prices of petroleum products

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps. The reduction comes after the Institute of Energy Security (IES)...

2024 budget won’t increase public spending — Finance Minister

Government has given an assurance that it will restrict itself to budgeted expenditure, despite 2024 being an election year. The Minister of Finance, Ken Ofori-Atta,...

DDEP has been successfully completed – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta, has indicated that the Domestic Debt Exchange Programme (DDEP) has been successfully completed, providing much-needed breathing space. This quells...

External debt restructuring: Eurobond holders to face nominal ‘haircut’ of between 30-40%

Finance Minister, Ken Ofori-Atta, has stated that Eurobond holders may face a nominal haircut of between 30% and 40% as part of the restructuring...

We’ve turned the corner but not out of woods yet – Minister

The Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has insisted that current growth figures, and other economic indicators back claims...

World Bank sets $300m in budget support to Ghana in December

The World Bank is expected to advance $300 million in budget support to Ghana in December 2023. JoyBusiness picked up from persons with knowledge of...

20 taxes and levies charged on imported food products in Ghana

Importing food products into Ghana comes with a hefty price tag, as importers face a multitude of taxes and levies that contribute to the...

NPA sanctions seven OMCs for illicit fuel distribution

The National Petroleum Authority (NPA) has sanctioned seven Petroleum Products Marketing Companies (PPMCs) for illicit distribution of petroleum products. They are to pay fines for...

SEC sends important message to Gold Coast customers

The Securities and Exchange Commission (SEC) has pointed out that the Ministry of Finance cannot be blamed for the delay in payment of bailout...

Egypt’s high-quality ceramic products find new market in Africa

In an endeavour to expand its market reach, Egypt is gearing up to introduce its superior ceramic products and top-notch building materials to the...

IMF: Why Ghana can’t get second disbursement without an agreement with creditors

Ghana is set to receive $3 billion from the IMF for its Balance of Payment (BoP) support between 2023 and 2026, and this bailout...

Apply human face to tax compliance enforcement – GGEA to GRA

The Ghanaian German Economic Association (GGEA) has called on the Ghana Revenue Authority to apply a human face to its tax enforcement actions being...

Natural resource-backed loans disaster for Africa – IMF, AfDB warns

The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group urging countries in Africa to stop borrowing loans...

Aggrieved Gold Coast Fund customers to picket at Finance Ministry today

Aggrieved customers of the defunct Gold Coast Fund Management will picket at the premises of the Ministry of Finance on Tuesday, October 10, 2023,...

Ghana is one of best places to do business in Africa – CWEIC

Talk to anybody in the know about Africa, and you’ll soon find that Ghana is internationally recognised as one of the best places to...

Cedi to appreciate by 1.0% to dollar in 2024 – Fitch Solutions

The Ghana cedi is expected to strengthen by roughly 1.0% to the US dollar in 2024, Fitch Solutions has disclosed in its latest Country...

GRA chases more businesses violating Ghana’s tax laws

The Ghana Revenue Authority (GRA) has said it has identified a number of businesses that are violating tax laws through its ongoing VAT enforcement...

Government plans comprehensive redesign of E-Levy

Government has unveiled plans for a substantial overhaul of the Electronic Transfer Levy as part of its Medium Term Revenue Strategy. This move signifies a...

TOR reacts to GTPCWU’s alleged mismanagement

The Board of Directors (BoD) of the Tema Oil Refinery (TOR) has refuted the General Transport and Petroleum Chemical Workers Union's (GTPCWU) claims of...

Luv FM Republic Bank Habitat Fair kicks off with exciting packages

The Luv FM Republic Bank Habitat Fair kicked off at the Kumasi City Mall on Friday, October 6. Day one offered great deals, exciting discounts,...

Minority sends strong message to BoG

The Minority caucus in Parliament says it will treat any business concerning the Bank of Ghana (BoG) differently as long as the Governor, Dr...

This is how much GRA has made from betting tax so far

The Domestic Tax Revenue Division of the Ghana Revenue Authority (GRA) says it has generated GH¢15 million from the recently implemented bet tax within...