The Physician Assistant at Okrakwajo Health Centre in the Eastern Region, Madam Lydia Gordon, has praised Zoomlion Ghana Limited, following its role in the ongoing nationwide management and safe disposal of COVID-19 vaccine waste and its ancillary supplies. “Ever since COVID-19 hit our country, one particular company that has sparred...
Tax expert, Francis Timore Boi, has called for a review of Ghana’s tax laws to compel players in the informal economy to pay direct taxes into government coffers. According to him, a recent study by the World Bank indicated that potential tax revenues from sole proprietors who usually operate in...
Professor Amin Alhassan, Director General of the Ghana Broadcasting Corporation (GBC) has stated that the state broadcaster, paid an amount of USD$3 Dollars per minute to a satellite company to broadcast the 2020 Presidential Election Petition. Even though the corporation has cleared all of its debts, Prof. Alhassan stated that...
The amount of US$1,569,839 (GH¢7,294,572) budget that was released into COCOBOD’s Farmers’ Wards Scholarship Trust Fund for two academic years, 2017/2018 and 2018/2019 has been misapplied, the 2020 Auditor General’s (AG) report has revealed. The 2017/18 and 2018/19 Parliament approved budgets for assessment of the syndicated loan, which showed that...
Rather makes the bank a clearing house Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has said that the current model the new national development bank is set to operate with makes the bank more like a clearing house rather than live up to its...
Following the exchange offer of swapping GH¢1.2billion of Tranche E1 bonds due in October 2024 for Tranche E3 bonds due June 2029, ESLA Plc intends to buy back a portion of the Tranche E1 bonds of GH¢200million. According to a notice to bondholders, the proceeds in the Lock box account –...
 …as Ghana moves to join Hallmarking Convention There appears to be some respite in the offing for local jewellers, as concerted efforts are being made to ensure the country is part of the Hallmarking Convention - a move that will help it gain access to the international market, Chief...
The price for a bag of cement is likely to continue its ascendency and hit GH¢60 by end of the year if urgent steps are not taken to review, suspend or scrap some taxes and levies which affect the production cost build-up, cement manufacturers have said. The manufacturers say they...
The Institute for Fiscal Studies (IFS), a fiscal policy think-tank, has called for the state to take over the commanding heights of Ghana’s extractive sector to increase government revenue generation from the nation’s mineral and oil resources. The Institute said compared with other developing economies, Ghana’s revenue generation from the...
In an effort to reduce the cost of processing card transactions, the Bank of Ghana (BoG) has issued guidelines to localise the processing of payment card transactions, which would be charged in Ghana cedis. The move will save the country huge amounts in Forex, as fee charges and commissions for...

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