The Ghana Revenue Authority (GRA) has stepped up efforts to ensure that all tax defaulting companies honour their obligations to the state in order for the authority to meet its revenue target for the year. Consequently, the authority has ordered seven directors of three companies to report to its Domestic Tax Division for discussions on […]
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by an average of 10 per cent. The review will see all 225,000 pensioners on the SSNIT pension payroll as of the end of last month have their monthly pensions increased by a fixed rate of 9.68 per cent, plus a redistributed […]
The Ranking Member on the Finance Committee of Parliament, Dr Cassiel Ato Forson has predicted that 2022 will be a year of economic misery and inflation, urging Ghanaians to brace up for difficult times. In a Facebook post, Dr Forson also projected that the prices of goods will increase by at least 30% and the […]
The Minister for National Security, Mr Albert Kan-Dapaah has urged staff and management of the Ghana Revenue Authority (GRA) to address revenue leakages, particularly at key revenue generating points in the country to help safeguard Ghana’s economic security. Revenue leakages, he said, occur with the complicity of some staff of the GRA who he described […]
All major roads leading to the central business district (CBD) of Accra are choked with a long winding gridlock, as well as human activities, as people troop to the city centre to either buy or sell in preparation for the Christmas festivities. The situation gets so bad that some passengers, particularly those commuting in public […]
The Ministry of Finance has refuted allegations that a private company has been awarded a contract to collect the proposed Electronic levy (E-levy) on Mobile Money transactions, inward remittances and ATM withdrawals. Instead, the Finance Ministry in a statement issued yesterday said the Ghana Revenue Authority is the state agency mandated to collect the levy […]
KGL Group, a world class brand and one of the leading private sector companies in Africa has acquired the first ever 24- carat Commemorative Gold Coin for 1 million Ghana cedis in support of the establishment of a cultural resource centre which will employ the latest technologies and IT platforms to promote activities related to […]
The European Investment Bank (EIB) has provided Ghana with an €82.5-million concessional loan to strengthen health care, provide specialist medical equipment and medicines across Ghana under the National COVID-19 Health Response Plan. Under the concessional package, the funding comprises €75 million from the EIB and a €7.5 million grant from the European Union (EU) Commission. […]
The Ghana Airports Company Limited (GACL) has warned that airlines flying passengers into Ghana will be surcharged if they bring any unvaccinated persons into the country. Beginning December 14, 2021, the GACL says airlines that bring unvaccinated passengers into Ghana will be surcharged $3,500 per passenger. A statement issued by the GACL announced the new COVID-19 guidelines to […]
The Ghana Enterprises Agency (GEA) has disbursed some GH¢8.85 million to 120 small businesses that applied for a share of the GH¢145 million Ghana Economic Transformation Project (GETP) grant. The beneficiaries, under the second tranche of the grant, were selected out of 21,000 applicants after meeting the rigorous criteria designed by the GEA, World Bank […]
Government has directed the Ghana Oil Company (GOIL) to reduce price of fuel at the pumps effective Tuesday, December 7. This follows a crunch meeting between government and transport operators at the Presidency on Monday evening. Head of Communications at the GPRTU, Abass Imoro, who disclosed this on PM Express with Evans Mensah, on Monday, said government […]
The Ghana Free Zones Authority (GFZA) and the Ministry of Trade and Industry are in the process of developing three separate industrial cities in the country to boost the government’s industrialisation agenda. Known as the Special Economic Zones Project, the industrial cities are being developed in the Ashanti, Western and Eastern regions to serve as […]
