By December 2021, a three-year zero-rate Value-Added Tax (VAT) on the supply of locally manufactured textiles passed by parliament will come to an end; but players in the sector are pushing for an extension for two more years.
The policy, which cost government an estimated revenue of GH¢120million over the...
Calls for more to be done to reach informal sector
Pledges Finance Ministry’s support to SDIs
Specialised Deposit-Taking Institutions (SDIs) in the country, particularly Saving and Loans (S&Ls) companies, are currently operating below their enormous potential for roping-in the vast informal sector, Head of the Financial Sector Division at...
Driving forward the energy transition in Ghana by implementing sustainable energy projects with high impact, lowering the electricity demand using LED lighting and increasing the supply of electricity using PV Solar: this is our goal.
Dutch & Co. has been offering its clients and stakeholders sustainable energy solutions since 2011...
Leading marketing and brand communications network, Ogilvy Africa, has named Alex van Niekerk as Group Creative Director. Based in Nairobi, Alex joins the network’s creative leadership team to a portfolio of brands managed by Ogilvy Africa from Kenya and select countries across SSA.
Alex is a highly accomplished creative, having won...
The cost and ease of cross-border payments, particularly local currency settlements, will play a crucial role in success for the African Continental Free Trade Area (AfCFTA) and as a consequence have a bearing on rates of recovery from the COVID-19 pandemic for countries in the region.
This was the consensus...
The Kosmos Innovation Centre (KIC) has awarded two startup businesses which emerged winners of the 2020 edition of its AgriTech Challenge US$100,000 to invest into development and upscale their business plan.
On top of the US$50,000 seed funds to each of the two winners, the two businesses also stand to...
The soon-to-be-established Development Bank Ghana (DBG) will prioritise support for agribusiness, manufacturing, Information Communication Technology (ICT) and mortgage finance, Minister of Finance Ken Ofori-Atta has said.
He said these sectors represent the engines of growth and transformation for a ‘Ghana Beyond Aid', and that the new lender’s focus will be...
Despite PFJ’s gains, inadequate raw materials linger
Sector loses more than US$5m to pandemic
Millions of jobs on the line, food security under threat
Poultry farmers and feed-millers across the country are expressing worry over a looming collapse of the local poultry industry due to the scarcity and...
The Social Security and National Insurance Trust (SSNIT) has announced that from September 1, 2021, the names of pensioners aged 72 and above who fail to complete or renew their pensioner certificates will be deleted.
According to SSNIT, at the moment there are some 13,451 pensioners aged 72 years and...
Government has signed an additional US$200million financing agreement with the International Development Association (IDA) of the World Bank Group, aimed at procuring vaccines to support the country’s fight against the deadly COVID-19 pandemic.
The funds fall under the Second Additional Financing for the Ghana COVID-19 Emergency Preparedness and Response Project...