The Information Minister, Kojo Oppong Nkrumah has voiced his support for the production and consumption of local rice – an initiative which is being championed by Citi FM/Citi TV CEO, Samuel Attah-Mensah. The Information Minister in a social media post explained that the campaign is a well-intended initiative with the potential to fuel Ghana’s agriculture growth agenda. […]
Category: Business
Banks unwilling to give us financial support – Rice Millers lament
The lack of support from banks may have played a role in the struggles of local rice producers in the country, according to some industry players. Yaw Adu-Poku, the convenor of the Rice Millers Association, complained that banks were unwilling to support millers with loans to facilitate their businesses. Speaking on Citi TV‘s The Point of View, Mr. […]
MTN holds MoMo @ 10 stakeholder dinner in Cape Coast; hands over brand new car to winner
Mobile Telecommunications giant, MTN over the weekend held a stakeholder dinner in the Central Regional Capital, Cape Coast as part of the 10th Anniversary celebrations of the company’s flagship product, Mobile Money, popularly known as MoMo. The Regional Senior Manager incharge of the South West Business District, Mr. Prince Owusu Nyarko in his welcome remarks […]
Government to leverage on information technology to widen tax net – Isaac Crentsil
A Technical Advisor to the Ministry of Finance, and a Former Commissioner of Customs, Isaac Crentsil, has indicated that the government of Ghana intends to widen the tax net by improving tax education, reviewing and implementing laws that tax the e-services sector as well as enforcing stiffer sanctions to non-compliant individuals or companies, and according […]
Taxpayers saved 4.1 billion cedis over 3 years following reduction in taxes-Finance Minister
The Finance Minister of the country, Ken Ofori-Atta has indicated that the government has moved the economic policy of the country away from one focused on taxation to one focused on production and outlined directives towards such objective. According to the Finance Minister, the reduction and abolition of taxes including the 50% reduction in import […]
State gets more evidence to prosecute NAM 1
A State Prosecutor, Assistant Superintendent of Police (ASP) Sylvester Asare, yesterday pleaded with an Accra Circuit Court, presided over by Mrs Jane Harriet Akweley Quaye, for an extension of time to amend the charges against the embattled Chief Executive of the defunct Menzgold, Nana Appiah Mensah aka NAM1. According to the Prosecutor, they need more […]
Importers protest impending 11% increment in cargo handling charges
The Importers and Exporters Association is kicking against a scheduled 11 percent tariff increment for cargo handling at the Terminal Three of the Tema Port. The importers say the expected increment which is scheduled to take effect next month, will increase the cost of shipping. The Meridian Port Services, operators of the new Terminal 3 […]
We’re daring to be different with Sky Train Project, enough of the cynicism-Joe Ghartey
The Minister for Railway Development, Mr. Joe Ghartey has reiterated Government’s resolve to see to the completion of the Sky train project only if Government becomes satisfied with the terms and conditions available by the company in charge of the project. According to him, Government is not paying for the feasibility of the project, but […]
HUAWEI launches Y9 Series this Week
By: Sheila WILLIAMS Huawei Y9 Series, this new product brings improvements in design and camera technologies that younger consumers have been anticipating. The phone will be equipped with an AI Triple Camera setup comprising a 48MP Main Camera and an Ultra-Wide Angle lens. The news has already started generating discussions among tech media and consumers […]
‘My visit to Ghana is the most important yet, in Africa’-Jack Ma
Co-founder of Alibaba Group Holding Ltd, Jack Ma has described his visit to Ghana as the most important one yet in Africa. He made the remark in his welcome address at the African Netpreneur Conference in Accra. He said “This is my fourth trip to Africa and this is the most important trip for me […]
Springfield E&P makes significant oil discovery Offshore Ghana
Springfield Exploration and Production (SEP) Limited, Ghana National Petroleum Corporation (GNPC) and the Government of Ghana will very soon, officially announce details of its maiden Afina-1 well discovery in the West Cape Three Points Block2, offshore Ghana. Afina-1 which is located at a water depth of 1030 metres was drilled to a total depth of […]
Casely-Hayford lambasts Ursula for seeking to tax mobile money operators
Financial analyst, Sydney Casely-Hayford has disagreed with the Minister of Communications’ decision to soon impose a tax on mobile money operations. The Communications Minister, Ursula Owusu Ekuful had disclosed that talks are ongoing to ensure that mobile money operators pay taxes on the transaction fees they charge users. According to her, there is the need […]