Some business owners have identified high utility tariffs as “the most important constraints” they have faced during first-half of the year, preliminary results from the 2021 business confidence survey (BCS) conducted by the Institute of Economic Affairs (IEA) have shown. According to the business owners, high rates of taxes, incidents...
The Minority in Parliament has departed from its original stance of rejecting introduction of the Electronic Levy (E-levy) in its entirety, saying they will agree if it is slashed to 1 percent with a threshold of GH¢300. This, Minority Leader Haruna Iddrisu said, was arrived at after extensively engaging Finance...
The Young Educators Foundation (YEF) is set to kick start its new literacy programme dubbed ‘Bee Prepared’, a strand of The Spelling Bee programme that is opened to train individuals to improve their literacy skills in December 2021. The programme seeks to improve participants’ literacy, increase their vocabularies, public...
Ghana's leading telecoms tower company, ATC Ghana, was this year inducted into the Ghana Information Technology and Telecom Awards Hall of Fame for winning Tower Company of the Year eight consecutive times. At the plush event held at the Movenpick Ambassador Hotel in Accra, ATC also won Telecom Support Company...
Fabrimetal, Ghana’s leading steel manufacturing giant has launched a newly installed state-of-the-art Section Mill to manufacture Angles, Flat bars, Square bars, and Channels. These innovative lines of merchant bars add to the existing re-bars, a new range of steel bars on the Ghanaian market. This brings the local investment to...
Businesses under the Ghana Free Zones Authority (GFZA) generated total export revenue of US$1.09billion in the first half of the year, the Chief Executive of GFZA, Michael Oquaye Jnr, has said. Additionally, capital investments by Free Zone enterprises amounted to US$173.84million while creating a total of 30,189 jobs - mainly...
Rice millers in Ghana are hopeful of meeting over 60 percent of local demand for the grain if government designs a deliberate policy that encourages state institutions to buy Ghana rice during and after festive seasons. With the festive season just around the corner, public and private companies are likely...
Government has since 2017 made payment of GH¢5.77billion to clear part of the social security contributions owed to SSNIT, the latest update from the Social Security and National Insurance Trust (SSNIT) has shown. Delays in the payment of due contributions by government have been cited in the actuarial valuation reports...
…….deposits hit GH¢100million as at June 2021 Atwima Mponua Rural Bank Limited at Toase in the Atwima Nwabiagya district of Ashanti Region is making a determined effort to put the bank back on a trajectory of growth and profitability. The mid-year review of the bank’s performance for the year 2021 has...
Voltic Ghana Limited, a subsidiary of Coca-Cola Beverages Africa (CCBA), has alleviated the age-long water burden of women and children in Agubie and Offuman in the Techiman North district of the Bono East Region - by installing mechanised boreholes that save them the effort of carrying water for long...