Business

Mr. Kwasi Kwaning-Bosompem, the Controller and Accountant General, has stated that any public sector worker without a Ghana Card will risk losing his/her salary effective March 2024. This follows the launch of a software solution that integrated the databases of the Mechanised Payroll System of the Controller and Accountant General’s …

Government through the Ghana Revenue Authority (GRA) will from January 1, 2024, commence the implementation of a new tax policy for ride-hailing vehicle owners of a new tax policy. Known as the Value Income Tax (VIT) GRA has said it is in accordance with Section 22 of Regulations 2016, LI …

The Minister of Fisheries and Aquaculture Development, Mavis Hawa Koomson, has said the government has cleared all outstanding debts owed Bulk Distribution Companies (BDCs). According to her, any issues regarding payments for premix fuel supply have been settled. “The government does not owe any BDC money. We have been able …

In today’s interconnected world, accessing goods and services is just a click away. As we approach the end of the year, the online shopping spree is on and folks everywhere are scouting the web and apps for those irresistible deals. Major retailers are dropping prices by up to 50 percent …

The Association of Ghanaian Industries (AGI) has expressed its support for the proposed import restrictions bill, viewing it as a crucial step towards achieving economic stability. The AGI, representing a wide range of industries in Ghana, believes that the bill’s enactment by Parliament will aid in Ghana’s debt sustainability efforts …

The Public Utilities Regulatory Commission has announced a downward review of electricity tariffs effective December 1, 2023 to February 29, 2024. The adjustment is in line with the Commission’s Quarterly Tariff Review Mechanism using key factors such as the exchange rate between the US$ and the Ghana Cedi, domestic inflation …

The Bank of Ghana has fined Zeepay Ghana Limited for failing to use the average interbank exchange rate published by the Ghana Association of Banks and the Bank of Ghana for the conversion of settlement funds into the local currency. This development was captured in a statement issued by the …

The Chief Executive Officer (CEO) of the Afro-Arab Group of Companies, Salamu Amadu has expressed interest in the controversial Saglemi Housing Project and has appealed to the government to consider selling the abandoned project to him. In a yet-to-be-aired interview with KSM, he pledged to complete the houses as soon as possible …

Some traders in Kumasi have openly declared their support for Vice President Dr Mahamudu Bawumia to lead the governing New Patriotic Party (NPP) in the upcoming 2024 presidential election. The traders have therefore appealed to the party’s delegates to votes massively for the Vice President in the party’s presidential primary …

The Ghana Union of Traders Association (GUTA), has called for the removal of the COVID-19 Levy and the Special Import Levy in the 2024 budget. The President of GUTA, Dr. Joseph Obeng explained that when the cost of doing business is low, productivity will increase and the government will be …