List of entities responsible for charging E-levy
The Ghana Revenue Authority (GRA) has highlighted the entities responsible for deducting the yet-to-be-implemented Electronic Transfer Levy (E-Levy).According to the Authority, as of May...
COCOBOD records ¢42.14m loss in 2020
Ghana Cocoa Board (COCOBOD) posted a net loss of ¢42.14 million in 2020 compared to a net profit of ¢1.478 billion in 2019, a...
E-levy: GRA to engage Finance Ministry over some key anomalies
The Ghana Revenue Authority (GRA) has revealed it will engage the Finance Ministry to resolve key anomalies in the Electronic Transactions Levy (E-levy), which...
Provide solution-oriented services to customers – Former UMB CEO, Nilla Selormey
The Universal Merchant Bank (UMB) was formed in 1972, as a policy bank to provide the first indigenous merchant banking capacity in Ghana. 2022...
Govt to borrow ¢4.59bn fresh loans in quarter 2, 2022
Government will borrow ¢4.59 billion as fresh funds in the second quarter of this year to finance part of its budget.This will, however, be...
BOST records ¢291.02m loss in 2020
The Bulk Oil Storage and Transportation (BOST) posted a loss of ¢291.02 million in 2020, according to the 2020 State Ownership Report.This represents a...
Salaries paid through mobile money will attract E-Levy – GRA
Workers who receive their salaries through mobile money platforms may have to brace themselves.This is because a portion of their money is expected to...
ECG goes after Communications Ministry, EOCO, others over GH¢9.8 million debt
The Electricity Company of Ghana, (ECG) has served disconnection and demand notices on some heavily indebted public and private institutions.According to the power...
No real estate company is authorised to charge in dollars; it weakens the Cedi – BoG
The Bank of Ghana (BoG) says no real estate company in the country has been authorised to price or transact business in foreign currencies.Head...
Bawumia inspects new products of Kumasi Shoe Factory
The Kumasi Shoe Factory has begun mass production of fashionable shoes as part of its effort to cut down on the influx of foreign...
E-Levy implementation to start from May 1st, 2022 – GRA
The Ghana Revenue Authority (GRA) has announced May 1st, 2022 as the implementation date for the Electronic Transaction Levy (E-Levy).In a notice served by...
Expand tax net – GUTA to govt
President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has reinforced calls by some Ghanaians for government to continuously expand the...
BoG warns public about illegal forex activities
The Bank of Ghana (BoG) has once again warned the public (companies, institutions and individuals) to desist from unauthorized dealings in foreign currency.This is...
Kantanka Automobile features in Bawumia’s state of economy address [Audio]
JoyNews/AdomNews · BAWUMIA ON KANTANKAVice President Dr Mahamudu Bawumia has said the facilitation of the growth of an automotive industry is on course.Addressing Ghanaians...
Debt will have stood at 68% of GDP, but for COVID-19, others – Bawumia
Ghana’s debt will have stood at 68% of Gross Domestic Product if COVID-19, Financial Sector and Energy Sector debts were excluded.According to Vice President,...
We are unfazed by current issues concerning agriculture sector – Owusu Afriyie Akoto
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, says it’s premature to push the panic button over the Planting for Food and...
Rihanna debuts on ‘Forbes’ Billionaires list
Rihanna, the good girl gone bad, has done better than most.The 34-year-old pop star, entrepreneur and expecting mum is a fully paid-up member of Forbes’ billionaire...
Dangote fertliser to hit Ghanaian market soon
Dangote Industries will introduce its fertiliser to the Ghanaian market soon.A deal, signed by the business mogul and Ghanaian businessman and chairman of Translas...
Star Assurance holds thanksgiving service to usher in 37th-anniversary celebrations
Star Assurance Company Limited, one of Ghana’s foremost insurance providers has held a thanksgiving service at the company’s Head Office in Accra.The Service was...
Let’s vote NPP out if they fail to account for the E-levy – Mr Logic
Controversial radio and TV personality, Mr Logic, says Ghanaians should vote out the New Patriotic Party (NPP) if they fail to account for the...
E-levy: Mobile Money agents intensify public education to address panic withdrawals
The General Secretary of the Mobile Money Agents Association, Evans Otumfour, says his outfit will intensify public education on the E-levy Bill to address...
There’s been 10 to 12% reduction in MOMO transactions since November, 2021 – Economist
An Economist and political risk analyst, Dr. Theophilus Acheampong, has asserted that mobile money usage in the country has seen a downward trajectory since the e-levy...
E-Levy will be the demise of digitisation – Joselyn Dumas
Actress Joselyn Dumas is one of the celebrities who are opposed to the E-levy.In a post on Twitter, she revealed that since the Bill...
E-levy implementation hasn’t started – Telecoms Chamber
The Ghana Telecommunications Chamber has dismissed claims that the Ghana Revenue Authority and the Chamber have begun processes to implement the 1.5% Electronic Transfer...
Price of bread to go up in Kumasi
Prices of bread are expected to increase on the market as bakers complain of hikes in cost of ingredients.They say the prices of flour...
Akufo-Addo commissions Nissan Assembly Plant
President Nana Akufo-Addo on Thursday morning commissioned the Nissan Assembly Plant located in Tema.The new state-of-the-art assembly plant is said to have the capacity...
Akufo-Addo to commission Nissan Vehicle Assembly Plant
President Nana Akufo-Addo will today, March 31, 2022, commission a Nissan Vehicle Assembly Plant in the Tema Industrial Area.This comes on the back...
Investors react positively to passage of E-Levy
Government’s tight fiscal measures targeted at closing the budget-deficit to 7.4% of Gross Domestic Product (GDP) by the end of 2022 is fuelling the...
E-levy may be implemented in May – Finance Minister hints
JoyNews/AdomNews · E-levy to be implemented in May - Ofori-Atta hintsThe Finance Minister, Ken Ofori-Atta, has hinted that the implementation of the Electronic Transaction...
Panic withdrawals hit Mobile Money – MMAAG
A lot of people who have their money kept on their Mobile Money Wallet have begun withdrawing their money following the passage of the...
Ghana did not import cassava from China in 2019 – Agric Ministry
The Ministry of Food and Agriculture has dismissed claims that Ghana imported raw cassava from China in 2019.This follows claims by the Member of...
E-levy deductions to start in May – Finance Minister
Finance Minister Ken Ofori-Atta has given the indication that the implementation of the e-levy will start in May this year.The Controller and Accountant General...
Kwame A Plus speaks on E-levy
Musician and political activist, Kwame A Plus, has taken to his social media to address his followers after Parliament approved the controversial Electronic Transactions...
Celebs react to approval of E-Levy bill
On Tuesday, March 29, Parliament approved the controversial E-Levy Bill.The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid...
KGL Group’s Alex Dadey awarded overall best entrepreneur of the decade
Executive Chairman of the KGL Group and Board Chairman of Ghana Investment Promotion Centre (GIPC), Alex Dadey, has been adjudged the Overall Best Entrepreneur...
E-levy: Checkout transactions to be affected and exempted
Parliament is now waiting on President Akufo-Addo to give his assent to the Electronic Transfer Levy (E-Levy) Bill.A Majority-sided House approved the E-Levy after...
COCOBOD partners academy of arts and sciences to boost cocoa consumption
Ghana Cocoa Board (COCOBOD) and the Ghana Academy of Arts and Sciences (GAAS) have joined forces to conduct extensive research into the use of...
Sachet and Packaged Water Producers announce price increment
The National Association of Sachet and Packaged Water Producers (NASPAWAP) has announced price increment for bottled and sachet water effective April 1, 2022.The move,...
‘Insurance Pays’, an insurance industry campaign to educate people about insurance claims
The Insurance Awareness Coordinators Group (IACG), on Monday, launched a first-of-its-kind claims testimonial campaign, which seeks to grow insurance adoption in Ghana by building...
Fuel prices to be reduced by ¢1 from April 1
The Ghana Chamber of Bulk Oil Distributors (COBD) has forecasted an up to ¢1 per litre reduction in the price of petrol and diesel...