Friday , November 27 2020

Business

AUDIO: ANGRY DKM, OTHERS VICTIMS CURSE MAHAMA

Victims of DKM and other financial institution’s brouhaha have pronounced curses on President Mahama, Dr. Henry Kofi Wampah, former Governor of Bank of Ghana and executives of the micro-finance companies. The aggrieved customers led by Kwame Sarpong, in a press conference to call on the President to help retrieve their …

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RURAL BANKS PROTEST AGAINST TAX INCREMENT

The Association Of Rural Banks has expressed fears that the increment in the corporate tax of rural and community banks is a threat to their survival. The corporate tax on these banks was raised from eight percent to 25 percent which came into effect this year through the New Income …

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LACK OF COMMON SENSE IS THE PROBLEM, KOFI KAPITO JABS PURC, EL ET’AL OVER DUMSOR TIME TABLE

The executive president of the Cponsumer Protection Agency(CPA) has stated that it would do the nation good if the Electricity Company of Ghana(ECG) publishes a ‘dumsor’ time table. Speaking in reaction to a directive given by the Director of Public Relation Affairs of the Public Utilities Regulatory Commission(PURC), Nana Yaa …

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‘Dumsor’ crippling businesses again

Businesses in Accra and Takoradi have begun laying off workers again as the four-year-old  power crisis worsens. Others are planning to close down completely if the situation persists or deteriorates even further. Currently more than 400 megawatts of power is being shed which means that most parts of Accra, Kumasi …

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Government to build sheanut plants in Upper East, West

President John Mahama has stated that the establishment of sheanut processing factories for the three Northern regions is on course. “As you are aware, we promised that we will build a sheanut processing plant in each of the three Northern regions. We’ve built the first one in Buipe in the …

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GROUPE NDOUM UNVEILS OFFICE IN CENTRAL REGION .

Groupe Nduom continues its investments in the Central Region. From Elmina where the Groupe last year opened a modern day Industrial Estates; Mankessim is the latest town in the Central Region to experience the Groupe’s long term investments in the Ghanaian economy.  Groupe Nduom is set to unveil a new office complex on Wednesday, July 13t, 2016. The commissioning of the Office is part of Groupe Nduom’s investment commitment in areas …

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56% OF INFORMAL SECTOR EMPLOYERS DON’T PAY SSNIT – FES Report

Majority of informal sector employers, 56.3 percent do not contribute to the SSNIT’s Informal Pension Fund, a study by Friedrich Ebert Stifung (FES) has revealed. The study, titled ‘Understanding the Urban Informal Economy in Ghana: A survey report’ authored by Aben Tawiah Anuwa-Amarh from the National Development Commission indicated that …

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‘Ghana Is Broke’

https://pinkfmonlinegh.com/wp-content/uploads/2016/07/GHANA-IS-BROKE

Dr. Steve Manteaw, Executive Director of the Integrated Social Development Centre (ISODEC), says the country currently faces huge financial challenges. Dr. Manteaw, who made this known in an interview with BUSINESS GUIDE said, “We are broke and that is why every now and then we resort to borrowing on the …

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All is set for 1st ECOWAS Industrial Summit

Accra, July 7, GNA – Nana Akrasi-Sarpong, the Communications Director of the Ministry of Trade and Industry, says the 1st ECOWAS Industrial Summit, is scheduled for the Accra International Conference Center on 21 July. Speaking to the GNA on Thursday, he said, he is satisfied with the preparations so far …

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Ghana losing tax revenue to extractive sector over lack of data

The absence of adequate data on the operations of businesses in the extractive sector continues to impede the GRA’S ability to fully implement Ghana’s transfer pricing policy. According to the Deputy Commissioner in charge of Policy Programs at the GRA, Edward Gyamerah, the issue makes it difficult to fully assess operational …

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