The Ghana Revenue Authority has held a forum with tax payers to educate them on the new developments in tax administration. Tax payers who constitute the Greater Accra Region are divided in 4 zones. In this forum, held in Sakumono, GRA sensitized constituents of the Zone 4 catchment area (i.e. the stretch from Accra Mall, […]
Tag: Ministry of Finance
Finance ministry bemoans poor revenue collection by customs for the last 3 years.
A deputy Finance Minister and Member of Parliament for Oboasi, Kwaku Kwarteng has bemoaned the poor rate of revenue collection on the part of Customs Division of the Ghana Revenue Authority which has led to a continues decline of revenue target for the past three years. Speaking at a day’s Seminar organized by the Maritime […]
Kasapreko Company prevents GRA officials from entering its premises to check tax stamp
Officials of the Ghana Revenue Authority (GRA) were yesterday prevented by security guards at Kasapreko Company Limited from entering the company’s premises to check and ensure that all the products from the company were affixed with the newly introduced tax stamp. The GRA officials were on a mission to check various companies and ensure that […]
Just in: Digital Terrestrial Television to be managed by Central Digital Transmission Company Limited
It has been agreed by all stakeholders in the Digital Terrestrial Television (DTT) migration project that independent company, Central Digital Transmission Company Limited should be the one to manage and operate the infrastructure for the DTT. A statement issued by Information Minister-Designate Kojo Oppong Nkrumah said the stakeholder meeting held 0n 27th September 2018 also […]
Collapse of local banks: Otumfuo indicts Bank of Ghana, says they are culpable
The Bank of Ghana (BoG) cannot absolve itself from the recent ‘catastrophe’ that has rocked the banking industry, leading to the collapse of a number of financial institutions, the Asantehene, Otumfuo Osei Tutu II, has stated. He said either deliberately or as a result of its weak supervision, the regulator could not have been ignorant of […]
Our businesses are collapsing-designer block manufacturers cry out
Some manufactures of designer blocks in the Greater Accra region are lamenting over what they say is the gradual collapse of their businesses due to “record low sales” in recent times. Speaking exclusively to BestnewsGH.Com, some designer block manufactures along the Mallam-Kasoa highway and mortuary road near Korle-bu teaching hospital said their businesses are on […]
Ghanaian entrepreneurs get boost as government supports them with 530 million cedis
Story by: Bismark Okyere-Darko The Ministry for Business Development has announced a 530 million Ghana cedis support facility for entrepreneurs in the country. The initiative is a result of a partnership between government, the Institute for the Creation and Development of Enterprise (INCYDE) Foundation and CASA Africa. The package will include the training of some […]
Cedi depreciation: Concerned spare parts dealers to demonstrate on Friday
As a way of registering their frustration against the free fall of the local currency, the cedi, some traders have vowed to hit the streets on Friday in a demonstration against government. The traders argue that the fall of the cedi is negatively impacting their businesses and they risk collapse if the situation is not […]
CTN brouhaha: angry shippers have no case-Customs boss
The Commissioner of the Customs Division of the Ghana Revenue Authority, Isaac Crentsil has told Bestnewsgh.Com that persons pushing for the suspension of the controversial Cargo Tracking Notes (CTN) are only misleading the trading public by engaging in propaganda. According to Mr. Isaac Crentsil, concerns raised by some associations in the shipping industry against the […]
S & P Rating: Ghana to attract renewed investor Confidence-Dr. Gideon Boako
Spokesperson to the Vice President, Dr. Mahamudu Bawumia, Dr. Gideon Boako has indicated that the recent upgrade of Ghana’s credit rating from B- to B, by international rating agency, Standard & Poor’s will shore up investor confidence in the country. According to him, the cardinal signal that investors look out for, before investing in a […]
Bawumia vindicated again as S&P global ratings confirm Ghana’s economic fundamentals are strong.
Vice President Dr. Mahamudu Bawumia’s recent comments that Ghana’s economy is built on strong fundamentals have received vindication from Standard & Poor’s Global Ratings. Dr. Bawumia while speaking at a Student’s Entrepreneurship Initiative program in Tamale dismissed the minority National Democratic Congress’s (NDC) concerns that the recent marginal depreciation of the cedi was occasioned by […]
Menzgold vrs. SEC: Menzgold hires British law firm Baker & McKenzie
Menzgold has ramped up its legal firepower as it has hired one of the leading British law firms Baker & McKenzie LLP as it prepares to do battle with the Securities and Exchange Commission (SEC) over a regulatory stand-off. The Ghana-headquartered company will continue to draw on the expertise of one of the country’s highly […]