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Only Ghana Card will be accepted for financial transactions from July 1 – BoG

The central bank has directed all financial institutions to only accept Ghana Cards for all transactions.The Bank of Ghana (BoG) explained that this order...

70% of lotto operators illegal – NLA boss reveals

JoyNews/AdomNews · 70% of lotto operators illegalIt has emerged that about 70 percent of lotto operators across the country are illegal.This means all monies...

BoG reacts to staff dismissal report

The Bank of Ghana has rubbished a news item circulating on social media about purported recent dismissals.The reports have suggested that the BoG had...

Court to rule on motion to auction NAM1’s property Wednesday

The Financial and Economic Division of the High Court will on Wednesday, January 19, 2022, make orders regarding the property of Nana Appiah Mensah,...

SIC Insurance PLC kick-starts 2022 with a thanksgiving service

It was all joy and excitement when Management and Staff of SIC Insurance PLC, Ghana’s largest general insurer held a thanksgiving service at its...

New year savings; top 5 cost-effective things to shop online in 2022

And just like that, in a flash, 2021 is gone. With all the hopes and promises, all the cheers and tears.The successes and...

Fumigation levy on cement raw materials is pure extortion – Dr. Dawson-Ahmoah

The Executive Secretary of Chamber of Cement manufacturers, Ghana (COCMAG), Dr George Dawson-Ahmoah has described it as pure extortion government’s decision to add a...

Enterprise Life holds 20th-anniversary thanksgiving service

Ghana’s leading life insurance company, Enterprise Life, has held a 20th-anniversary celebration with a thanksgiving service to appreciate God’s guidance and blessing over the...

Benchmark Value Discount implementation forces Wilmar Africa to shut down oil production plant

Wilmar Africa Limited, producers of Frytol Vegetable Oil and Fortune Rice, has announced the imminent closure of its oil production division over operational challenges....

GRA chases 3 tax defaulting firms

The Ghana Revenue Authority (GRA) has stepped up efforts to ensure that all tax defaulting companies honour their obligations to the state in order...

Food prices to be ‘fairly stable’ in first quarter of 2022

Food prices will be “fairly stable” in the first quarter of 2022, commodity analyst, Esoko Ghana, has projected.The data collection institution said its assessment...

GRA suspends reversal of benchmark value indefinitely

The Ghana Revenue Authority (GRA) has announced the indefinite suspension of the benchmark reversal value discounts.The benchmark value, which is the amount taxable...

Petrol, diesel may sell at ¢7 per liter from January 16

Petrol and diesel may sell at ¢7 per liter each for the first time, beginning this weekend.This follows a projected 40 pesewas per litre...

Registrar General removes 2,788 firms from Companies Register

The Registrar- General’s Department (RGD) has announced the removal of 2,788 companies from its companies register.According to the Department, the affected companies failed...

Mobile network operators to publish list of SIM re-registration centres

Mobile Network Operators (MNO) in the country are expected to make public, a list of centres for the ongoing SIM card re-registration exercise.This...

Nestle recalls 24 batches of milk from the market

Nestle Ghana has recalled 24 batches of evaporated milk from the market following social media uproar after consumers discovered coagulated milk in their Ideal...

Cocoa Carriers calls off indefinite strike

‘Cocoa Carriers’ in Ghana have called off their indefinite strike, following almost a week of fighting for better working conditions.According to the workers, although...

Good news for those who receive salary of ¢365 and below

The Ghana Revenue Authority (GRA) has announced that employees who earn GH¢365 and below as monthly salary or GH¢4,380 as annual salary will not...

Cocoa Carriers strike: COCOBOD making alternative plans to avert shipment disruptions

The Ghana Cocoa Board has hinted at plans to ensure that cocoa shipment to other parts of the world is not affected by the...

Implement benchmark value discount policy in national interest – AGI to govt

The Association of Ghana Industries (AGI) has urged the government to remain unwavering in its decision to implement the reversal of the benchmark value...

SIM registration: Group calls for extension of deadline

A group has called on the government to extend the deadline for the ongoing nationwide SIM card re-registration exercise.The group, Save Consumers Ghana (SACOG),...

GPRTU to deliberate on adjustment in transport fares today

The leadership of the Ghana Private Road Transport Union (GPRTU) is expected to meet today to deliberate on transport fares in the wake of...

Gbese Mantse launches endowment fund for community

Gbese Mantse of the Ga State, Dr Nii Ayi-Bonte II, has launched an endowment fund to create jobs for the youth in the community.The...

Why reversal of ‘benchmark value’ is good – Kwabena Kokofu

Executive Director of Environmental Protection Agency, Henry Kwabena Kokofu, has refuted claims that the government not supporting the growth of import and export associations...

GUTA reacts to halt on reversal of benchmark value

The President of the Ghana Union of Traders Associations (GUTA), Dr Joseph Obeng, has revealed that “traders are overly excited and very happy” over...

Striking cocoa carriers send SOS message to COCOBOD

Cocoa carriers have vowed to resist any attempt by the management of the Ghana Cocoa Board and the Cocoa Marketing Company to use prisoners...

Concerned Drivers Association announces 40% increase in transport fares

The Concerned Drivers Association of Ghana (C-DAG) has announced a 40% increment in transport fares across the country from Monday, January 17, 2022.In a...

Cedi to end 2022 at ¢7.03 to a dollar

The Ghana cedi is expected to end 2022 at ¢7.03 to the US dollar, the Center for Economics, Finance and Inequality Studies of the...

Bui Power Authority completes construction of floating Solar PV system

The Bui Power Authority has completed the construction of an initial 1MWp of a proposed 5MWp floating Solar PV system on the Bui reservoir.The...

Akufo-Addo appoints Rosemary Beryl Archer as Deputy CEO of Ghana Exim Bank

President Nana Akufo-Addo has appointed Rosemary Beryl Archer as Deputy Chief Executive (CEO) of Ghana Exim Bank.The new Deputy Chief Executive in Charge...

AGI fired over inability to produce enough goods for local economy

The Trader’s Advocacy Group Ghana has chided the Association of Ghana Industries (AGI) over the inability to produce enough goods for the local economy.On...

Expect increased smuggling – Traders to govt over ‘benchmark value’ policy reversal

The government continues to face stiff opposition from traders over the reversal of the benchmark value.The latest to join the bandwagon is the Concerned...

Govt suspends Benchmark Values reversal until Jan 6

Government has suspended the benchmark review reversal until Thursday, January 6, 2022.A credible source at the Ghana Revenue Authority revealed to JoyNews, and checks...

MTN Ghana re-opens its service centres to customers

Mobile telecommunications giant, MTN Ghana has today announced the re-opening of its Service Centers across the country.The Ashaiman, Accra Mall, East Legon (Accra) and...

Cocoa carriers begin indefinite strike

Cocoa carriers from the various warehouses of the Ghana Cocoa Board (COCOBOD) have begun an indefinite strike to demand better service conditions and an...

COPEC predicts fuel price hike

The Chamber of Petroleum Consumers (COPEC) has hinted that prices of petrol and diesel could go up by 3.7% and 2.5% respectively in the...

Association executives kick against reversal of benchmark value

Executive Director of Ghana Import and Export Association, Sampson Asaki Awingobin has said government's decision on the reversal of the reduction of values of...

Prices of goods will double if Benchmark values are reversed – GUTA warns

The Ghana Union of Traders Association (GUTA) is warning prices of goods will increase significantly if government reverses the reduction of values of selected...

Fuel prices go up by 2.8%

Oil Marketing Companies (OMCs) have begun increasing fuel prices slightly at the pump stations.According to energy think tank, Institute for Energy Security, fuel prices...

Benchmark value scrap for 43 items takes effect tomorrow – GRA

Effective Tuesday, 4th January, 2022, the Customs Division of the Ghana Revenue Authority (GRA) will begin the implementation of government’s policy directive on the...