Finance Minister, Ken Ofori-Atta, has introduced a number of tax reliefs to cushion the business community and stakeholders in the vehicle importation value chain. Ken Ofori-Atta has announced that electric vehicles imported into the...
Finance Minister, Ken Ofori-Atta, has introduced a number of tax reliefs to cushion the business community and stakeholders in the vehicle importation value chain. Ken Ofori-Atta has announced that electric vehicles imported into the country will now be granted a waiver on import duties covering a period of 8...
The Controller and Accountant-General’s Department (CAGD) has released the salary payment dates for November and December, 2023. Each month, CAGD releases funds to various banks in Ghana to be distributed to all public sector workers as their salaries for those months. Sometimes, they exceeds the date specified on...
Minister of Energy, Dr Matthew Opoku Prempeh, has noted that the Electricity Company of Ghana (ECG) was hacked. He indicated that the hacking of the power distribution company led to the losses recorded in the first nine months of this year. Dr Prempeh, however, failed to disclose when the...
Former President John Dramani Mahama has explained why Apostle Kwadwo Safo Kantanka, the founder of the Great Kosa Company, did not receive the needed support for his automobile company from successive governments. The former president, while answering a question on why the automobile company did not get the needed...
Oil trading firm Trafigura is taking steps to seize and auction various properties belonging to Ghana located in the United Kingdom. These properties, including the Ghana High Commission’s building, the commissioner’s residence, and the Ghana International Bank building, are at risk of being sold to offset a $140 million judgment...
The Abossey Okai Spare Parts Dealers have resolved to close down shops on November 1, 2023, to protest actions by the Ghana Revenue Authority (GRA) which they describe as intimidation of businesses. This latest decision follows a series of engagements with the government to withdraw customs officers and halt the tax...
Dominic Tua-Yeboah, the Deputy Attorney-General has explained why the founder and leader of the International Central Gospel Church (ICGC), Dr Mensa Otabil was not prosecuted for the collapse of the Capital Bank despite being the board chairman of the bank. Following the incarceration of Chief Executive Officer of the...
Ghana has emerged as the country across the globe with the highest outstanding loan under the Poverty Reduction and Growth Trust (PRGT) at the International Monetary Fund (IMF). The Poverty Trust which is one of the funds countries can draw credit from is specifically to support the potential balance...
Founder of Menzgold, Nana Appiah Mensah aka NAM 1, who is standing trial for allegedly using the company to defraud over 16,000 people of GH¢1.6 billion, has denied circumventing the laws of Ghana in order to operate an illegal gold deposit taking business. Counsel for NAM 1, Kwame Akuffo,...
These adjustments, designed to bolster essential services and allocate more funds towards public sector pay raises, were formally presented in the UK Parliament on September 15. Among the notable changes is a rise in the cost of a visit visa for stays under six months, increasing by £15 to...