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 […]
The successful operations of KGL Group and its subsidiary companies, KGL Technology Limited, KEED and KGL Foundation, are set to contribute significantly to the national economy and Government of Ghana at an expected cumulative value in excess of 100 million Ghana Cedis per annum. KGL Group has contributed significantly to revenue growth and capacity development […]
Effective January 1, 2022, small-scale miners (SSM) will no more be required to pay three per cent withholding tax on gold at the point of export through the Precious Minerals Marketing Company (PMMC). This follows the government’s fiscal policy to scrap the three per cent withholding tax on processed gold and replace it with 1.5 […]
The Telecommunications Chamber has stated that it will engage the government on the newly introduced electronic transaction levy to ensure all-inclusive digital transactions at all levels. According to Chief Executive Officer of the Telecommunications Chamber, Kenneth Ashigbey, the government did not engage the telecommunications industry before introducing the new levy. “So far as this particular […]
The government expects to mobilise about GH¢6.5 billion from the newly introduced E-Levy next year, the Minister of State at the Ministry of Finance, Mr Charles Adu Boahen, has told Graphic Online. The levy imposes a 1.75 per cent tax on mobile money and other electronic (E) transactions that exceed GH¢100 per customer per day. […]
The Minister of Information, Mr Kojo Oppong Nkrumah, says the 2022 budget will focus on creating an enabling environment for young entrepreneurs in the country to develop and grow their businesses. Youth entrepreneurship has become topical in recent weeks following public discussions about how young Ghanaians can be supported to succeed in private businesses. In […]
The government of Ghana has completed the takeover of the ownership of AirtelTigo, Bharti Airtel has disclosed in a regulatory filing to the Bombay Stock Exchange. “This is in further to our announcement dated October 27, 2020, and April 16, 2021, regarding Government of Ghana’s takeover of ownership of Airtel/Tigo Joint Venture. We wish to […]
