It is time to review VAT policy – GRA supports calls by business Associations
The Ghana Revenue Authority (GRA) has joined calls for policy reforms to simplify the country’s tax administration.According to Commissioner General Julie Essiam, the current...
COCOBOD refutes Minority claims on funding rejection
The Ghana Cocoa Board (COCOBOD) has dismissed claims by the Minority that international banks have rejected COCOBOD’s request and that COCOBOD was “chased away”...
We were not rejected by international banks – COCOBOD replies Minority
The Ghana Cocoa Board (COCOBOD) has strongly refuted allegations that it was turned down by international banks while seeking a $1.5 billion loan for...
New Shippers Authority Law will promote welfare of traders – GUTA
The Ghana Union of Traders Association (GUTA) has welcomed the newly passed Ghana Shippers’ Authority (GSA) Law, saying it will offer the Authority “the...
COCOBOD struggled to payback last year’s syndicated loan – Dr Jasaw discloses
The Deputy Ranking Member on Parliament's Food and Agriculture Committee, Dr Seidu Jasaw, has revealed that COCOBOD encountered serious challenges in repaying last year's...
COCOBOD unable to produce cocoa to meet international obligations – Ato Forson
The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has raised serious concerns about COCOBOD's ability to fulfill its international obligations.According to Dr. Forson,...
LPG Marketers assure of no shortage of LPG
The Liquefied Petroleum Gas (LPG) Marketers Association has assured the public that there will be no shortage of LPG despite their decision to boycott...
The People’s Forum: Opera Square traders protest planned eviction
Traders at the Opera Square business hub in Accra are protesting against an alleged eviction, amid redevelopment plans.They claim the area has been sold...
Don’t assent Ghana Shippers’ Authority Act – GUTA tells Akufo-Addo
The Ghana Union of Traders' Association (GUTA) has called on President Nana Addo Dankwa Akufo-Addo to delay his approval of the Ghana Shippers’ Authority...
We’ll return to Atuabo Gas on August 26 – LPG Marketers tells NPA
The Liquified Petroleum Gas (LPG) Marketers Association has indicated that it will return to the Atuabo Gas Processing plant on August 26, 2024, to...
NPA engaged in ‘unfortunate and deliberate’ attempts to tarnish reputation of LPG refill stations – Stakeholders
The LPG Marketers Association of Ghana and the Ghana LPG Operators Association (GLIPOA) have accused the National Petroleum Authority's (NPA) Communications Manager, Mohammed Abdul-Kudus,...
NPA revokes licenses of 13 OMCs over debts owed several industry regulators
The National Petroleum Authority (NPA) has revoked the licenses of 13 Oil Marketing Companies (OMCs).It follows the inability of the firms to settle debts...
Producer Price Inflation shoots up to 29.1% in July 2024
The Producer Price Index (PPI) rate for July 2024 was 29.1%, a 3.5 percentage point increase over that of June 2024.The month-on-month change in...
LPG marketers boycott not targeted at Atuabo Gas – LPGMCs
The LPG Marketing Companies Association of Ghana (LPGMCs) has rejected assertions by the National Petroleum Authority that the move to cease business relations with...
Cocoa jumps to one-month high as Ghana trims output forecast
Arabica coffee futures climbed for the sixth straight day in New York following renewed concerns over cold weather in top producer Brazil.Low temperatures are...
Check out the 44 Oil Marketing Companies that owe nearly GH₵60m in levies to BOST
Forty-four oil marketing companies have defaulted on their obligation to remit levies owed to the Bulk Energy Storage and Transportation Limited (BEST), formerly known...
International Banks rejected COCOBOD’s loan request to purchase cocoa for 2024/25 crop season – Minority
The Minority in Parliament has raised concerns over COCOBOD's financial health, claiming that international banks have rejected the organisation's request for a loan to...
44 oil marketing companies ‘vanish’ with nearly GH₵60m levies owed to BOST
National security is pursuing directors of 44 oil marketing companies that have disappeared with nearly GH₵60 million in levies owed to the Bulk Oil...
Scrap duty on essential commodities – FABAG to govt
The Food and Beverages Association of Ghana (FABAG) has urged the government to eliminate all duties on essential commodities imported into the country.This appeal...
Food security: Delay in rainfall impacting farmers efforts
Farmers in the country are growing increasingly desperate due to the delay in rainfall this year.This is severely affecting their efforts, particularly in the...
COCOBOD announces date for 2024/2025 crop season
The Ghana Cocoa Board (COCOBOD) has announced September 1 as the start date for purchasing cocoa for the 2024/2024 main crop season.The Chief Executive...
Finance Minister fears food inflation may soar due to delayed rains
The Finance Minister, Mohammed Amin Adam (MP), has expressed concern that the delay in rains and its impact on crops could lead to a...
Used car dealers call on govt to slash 50% port duty
Used car dealers in the country are pleading with the government to reduce the duties paid at the port when importing vehicles to enable...
Forensic audit of BOST saved Ghana $28m – Provencal
The Chief Executive of Bulk Energy Storage and Transportation Limited (BEST), Dr Edwin Provencal, has revealed that a forensic audit he initiated since his...
Access Bank Ghana plc celebrates 15 years of ‘more than banking’
Access Bank (Ghana) Plc is marking 15 years of pioneering banking in Ghana, celebrating a journey of growth, innovation, and excellence.Over the next 12...
Bawumia’s proposed tax amnesty solution for today’s problems – GUTA
The Ghana Union of Traders' Associations (GUTA), has expressed satisfaction with the proposed tax reforms and amnesty by the New Patriotic Party (NPP) flagbearer,...
Cedi stability: Build 6 months of reserves, exhibit fiscal prudence – IEA to BoG, government
The Institute for Economic Affairs (IEA) has urged the Bank of Ghana to progressively build its reserves to at least six months of import...
NPP Manifesto: Bawumia lacks understanding of flat rate policy – Importers Association
The Executive Secretary of the Importers and Exporters Association, Sampson Asaki Awingobit, has criticized the flagbearer of the New Patriotic Party (NPP), Dr Mahamudu...
High COCOBOD expenditure: CEO defends increase in administrative spending [Video]
The Ghana Cocoa Board (COCOBOD) has stated that the increase in its administrative expenditure for the year 2023 is due to the rehabilitation of...
Northern Ghana drought: Irrigating a hectare of farmland costs $40,000 – GIDA
The Ghana Irrigation Development Authority (GIDA) has revealed that developing an irrigation scheme for just one hectare of farmland now costs approximately $40,000.The Acting...
Remittances generate more revenue than gold and cocoa – Dr. Atuahene
Banking and Finance analyst, Dr. Richmond Atuahene says Ghana's inflow from remittances is higher compared to cocoa, oil and even gold.This according to him...
We are ready to reduce fuel prices if cedi is stable – Petrosol CEO
Some Oil Market Companies (OMCs) say they will reduce the prices of fuel at the pumps if the cedi continues to show signs of...
Cedi holds steady against dollar; one dollar going for GH¢15.90
The Ghana cedi held steady against the US dollar last week as soft US inflation data caused the American greenback to weaken against a...
Gov’t to reintroduce electricity VAT again if…
The International Monetary Fund (IMF) has disclosed that government may introduce the suspended 15 percent value-added tax (VAT) on electricity if inflation rate continues...
Auditor General flags BoG, Minerals Commission, others for unreported gold tax revenues
The Auditor General has flagged the Controller and Accountant General, the Bank of Ghana, the Ghana Revenue Authority (GRA), and the Minerals Commission for...
Government loses up to $3m as surface rentals in 2023 – PIAC
A member of the Public Interest and Accountability Committee (PIAC), Richard Ellimah says by the end of 2023, the government will have lost an...
Akufo-Addo cuts sod for phase-one of Petroleum Hub project at Jomoro
President Nana Akufo-Addo has officially cut sod for the first phase of the Petroleum Hub Development project in Nawule, located in the Jomoro District...
Maiden National Sales Leaders Conference celebrates success in Accra
The inaugural National Sales Leaders Conference (NSLC), organized by MGA Consulting Ghana Limited and CorEvents Solutions, concluded on a high note, drawing over 2,000...
Scrap e-levy now to gain voters’ trust – Bokpin tells Bawumia
Economist and professor of finance, Godfred A. Bokpin, has welcomed Dr Mahamudu Bawumia's proposal to scrap the electronic transaction level (E-levy) if elected as...
GH¢61bn of public funds locked up in investment institutions – Report
The Auditor General's report has uncovered that a staggering GH¢61 billion in state funds is tied up with various companies and institutions nationwide.Of this...