The Association of Ghana Industries (AGI) believes that reducing the 50 percent benchmark discount value - to 30 percent for general goods and 10 percent for vehicles - will do very little to better the fortunes of local manufacturers.
AGI, the umbrella-body of local manufacturers, has been advocating a zero...
…but for only disembarking nationals
The Ghana Immigration Service (GIS) has started accepting the Ghana Card as a traveling document for Ghanaians travelling from all over the world into the country.
The GIS announced last week in a press statement that starting March 1, 2022, it will initiate the process...
The nation’s largest telecommunication company, MTN, has committed to localising its ownership by 30 percent for both arms of its operations – Scancom Plc and Mobile Money Limited.
Per the company’s 2021 annual report, the agreed initial localisation requirement was 25 percent for Scancom PLC in line with regulatory requirements,...
GCB Bank PLC has donated GH¢100,000 to the Appiatse Support Fund established to support the victims and rebuilding efforts of the Appiatse community.
The donation was made by Mr. John Adamah, Head of Retail Banking, and Mr Kojo Kwarteng, Head of Corporate Affairs Department, on behalf of GCB’s management.
Mr. Adamah...
Action Aid Ghana (AAG), a girl child-centered non-governmental organisation (NGO), has constructed and furnished a girl child-friendly model kindergarten (KG) block at the cost of GH₵300,000, for the Drobo D/A Primary School.
The project which was executed with funding support from Action Aid Italy, comes with ancillary facilities, including a...
Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has introduced new and enhanced retail products as part of its ‘Step-into-Success’ campaign.
The products introduced include four rebranded products with enhanced, advanced product features and benefits. The products are Rights Start Account, iDO Account, Career Builders Account, Optimiser Account,...
..turn back on private sector
Commercial banks in the country are channeling much of their assets into investment in government bills and bonds as the state’s appetite for domestic borrowing continues to increase, thereby making less funds available for the private sector - which is going through pandemic-induced challenges -...
Digital currencies and assets taking different forms and not being controlled by any mandated global body or institutions is creating a continuous dilemma for establishing a regulatory regime for monitoring cryptocurrencies, Head of Financial Technology (Fintech) and Innovation at the Bank of Ghana (BoG), Mr. Kwame Oppong, has said.
Mr....
The provision of skill training for the youth in the host communities will help better lives, especially after mining, the Community Affairs and Stakeholder Engagement Manager, of Goldfields Damang Mine, Abdul Razak Yakubu, has said.
He said while many people in most mining communities depend on the mine for employment,...
Agriculture in Israel is being practiced under unique and extreme conditions, including long, hot summers, many cycles of drought years, and shortage of good quality water that leads to extensive use of marginal water. All that while having to provide food security to an unprecedentedly growing population - from...