Home » Business

Business

PIAC clarifies stance on petroleum- funded projects report

Dr Steve Manteaw, Chairman,PIAC

The Public Interest and Accountability Committee (PIAC) says it welcomes the intense public discussions around the findings and recommendations of its report on the inspection of petroleum- funded projects shared with Ghanaians at its Press Conference on Tuesday, 10 April, 2018. It however regrets attempts by some individuals to cast doubt on the integrity of the report in question. The ...

Read More »

Ghana-Japan cooperation to reflect Ghana Beyond Aid vision

Ghana and the Japan International Cooperation Agency (JICA) have agreed to review bilateral cooperation in various sectors to support the attainment of the Ghana Beyond Aid Vision. To this end, a working group is to be set up at the political and technical levels to draw awork plan to concretise this understanding. This decision was reached when Mr Ken Ofori-Atta, the Minister of ...

Read More »

Include disability into Affirmative Action Bill- PWDs demand

The Ghana Federation of Disability Organizations and member representative organizations of Persons with disabilities are working tirelessly to ensure that bills that do not address their issues are not passed into law. They bemoan their concerns have mostly been relegated to the back burner and thus, time has arrived for them to press for inclusion of their issues into the ...

Read More »

Impose taxes on export of raw cashew nuts – processors urge govt

Cashew processors have called on the government to impose taxes and levies on the exportation of raw cashew nuts to protect the local cashew processing industry. Aside from the fact that the country did not earn much revenue from the exportation of the raw nuts, the processors said foreigners rather benefited more from the export while they collapsed the local ...

Read More »

AGI signs deal with Appolonia City to build industrial park

The Association of Ghana Industries (AGI) has signed an agreement with Appolonia City to build an industrial park within the large-scale urban development. The agreement will see up to 1,000 acres of Appolonia City designated for use by some of Ghana’s leading manufacturing and industrial companies and provide significant employment opportunities for the area. “Signing this agreement aligns with the ...

Read More »

General Public Cautioned To Secure Tax Identification Numbers

The Ghana Revenue Authority has appealed to persons who are yet to register for the Taxpayer Identification Number (TIN) to take steps to do so as it begins the enforcement of the law. With effect from April 1, 2018, a person without the TIN, an 11-digit unique number given to identify Taxpayers and enable GRA to credit them whenever they ...

Read More »

Ghana lost over $900M in oil royalties, taxes – Think Tank

An oil and gas policy think tank, Centre for Natural Resources and Environmental Management (CNREM), has alleged that Ghana lost about $902.45 million in the oil sector because some of the oil companies paid less taxes and royalties to the country. According to the centre, although the oil resource is in Ghana, the county makes less than 20% of the ...

Read More »

Ghana Shippers’ Authority clarifies position on port fumigation

The Ghana Shippers’ Authority (GSA) has clarified the reason behind its decision to abandon the fumigation contract signed by itself as the client, the Ghana Health Service (GHS), as the regulator, and LCB Worldwide Ghana Limited, as the service provider. It explained that the contract contained clauses that were not in favour of the country and also not in line ...

Read More »

Seek welfare of cocoa farmers – Osafo-Maafo charges joint committee

Osafo Maafo

The Senior Minister, Mr Yaw Osafo-Maafo, has charged the Joint Cocoa Committee of Ghana and Cote d’ Ivoire to come up with programmes and policies that would improve the welfare of the farmers in the sector. He said in spite of the numerous challenges bedevilling the sector, improving the quality of life of the farmers should be the topmost priority ...

Read More »

‘BoG intervention in uniBank timely’

Mr Alhassan Andani

The President of the Ghana Association of Bankers (GAB), Mr Alhassan Andani, has backed the move by the Bank of Ghana (BoG) to hand over the management of uniBank to the auditing firm, KPMG, to restore uniBank to financial health. The timing, Mr Andani, who is also the Managing Director of Stanbic Bank, said, was appropriate to protect the bank’s ...

Read More »