Ghana is now a member of the Executive Council of the United Nations World Tourism Organisation (UNWTO), an agency responsible for the promotion of responsible, sustainable and universally accessible tourism. The organisation also promotes tourism as driver of economic growth, inclusive development and sustainable environment. It also offers leadership and support to the sector to […]
The Bank of Ghana (BoG) has added 7.70 tonnes of gold to the country’s reserves as of the end of last month, the Governor of the Bank of Ghana, Dr Ernest Addison, has stated. The measure, which is part of the central bank’s Domestic Gold Purchase Programme (DGPP), is aimed at increasing gold as the […]
Threads, a new app positioned as a rival to Twitter, witnessed an impressive influx of more than 10 million users in its initial hours, according to Mark Zuckerberg, the CEO of Meta. Launched in the UK at midnight on Thursday, Threads, developed by Meta, the parent company of Facebook and Instagram, allows users to share […]
The GCB Bank PLC has sought the approval of its shareholders for GH₵1 billion to meet the regulatory capital adequacy ratio requirements and strengthen access to funding markets in order to bolster confidence in the Bank. This target has been necessitated in the bid to address the impact of the Domestic Debt Exchange Program (DDEP). […]
Government’s Treasury bills sale were marginally oversubscribed as interest rates hit 29.2%. According to the results from the Bank of Ghana, the government received bids worth ¢2.29 billion, about 4.04% oversubscription. The government had in March 2023 forced interest rates to go down to 18.0% in March 2023, but the rates have been surging since […]
Government says it is committed to ending illegal mining with the establishment of small-scale community mining schemes. According to Deputy Minister for Lands and Natural Resources, George Mireku Duker, illegal mining generally occurs in abandoned shafts or within improperly closed mines. He said government will implement intermediate and permanent measures to manage these sites and […]
The Chairman of Ghana Link Network Services Ltd (Ghana Link), Dr. Nick Danso Adjei, has welcomed the request by the Office of the Special Prosecutor (OSP) through the Customs Division of the Ghana Revenue Authority, (GRA) to be allowed executive access to the Integrated Customs Management System (ICUMS) platform. According to the Ghana Link Boss, […]
The government has launched a GH¢12 million enterprise support programme for persons with disability (PWDs) in the country. The PWD Enterprise Support Programme seeks to offer technical assistance and grant funding initiatives exclusively to 150 enterprises owned by PWDs. The proposed special window is expected to promote the welfare of the enterprises owned by PWDs […]
About 11 million active Subscriber Identification Module (SIM) cards yet to be re-registered with the Ghana Card risk disconnection and deletion tomorrow as the deadline for the exercise expires today. Following this development, hundreds of people, majority of whom are trying to register their SIMs for the first time, have thronged some National Identification Authority […]
The Ghana Revenue Authority (GRA) will start the imposition of an upfront 12.5 per cent Value Added Tax (VAT) on the customs value of taxable goods at all ports of entry with effect from Tuesday, June 6, this year. The development will affect importers of taxable goods who are not registered to charge VAT. It […]
Coming events, they say, cast their shadows, and that is the case of the dynamic, affable and hardworking Director-General of the National Lottery Authority (NLA) Mr. Sammi Awuku. Mr. Awuku yesterday, Monday, May 22, emerged the overall Best Public Sector CEO at the Ghana CEO Summit 2022, beating stiff competition from more than 30 other […]
Governor of the Bank of Ghana (BoG), Dr. Ernest Kwamina Yedu Addison, has revealed that the first tranche of $600 million from the International Monetary Fund’s $3 billion credit facility, will hit the bank’s account on Friday, May 19, 2023. Speaking at the IMF and the Finance Ministry’s joint press conference on Thursday, he said […]
