The Ghana Revenue Authority (GRA) has admitted receiving port operations data from the Ghana Community Network Services Limited (GCNet) but says it is not in the requisite format hampering their ability to make meaning out of it to support the operation of the newly introduced Integrated Customs Management System (ICUMS).
“I...
Budget deficit hits 3.4% against 1.9% target
Unbudgeted expenditure, largely occasioned by emergency spending to contain spread of the coronavirus pandemic that was first recorded on March 12 in the country, has astronomically shot up the budget deficit by nearly double in the first quarter of the year.
The Fiscal...
Urges providers to settle medicine suppliers promptly
But pharmaceutical importers remain sceptical, to go ahead with planned strike
The National Health Insurance Authority (NHIA) has so far paid a total of GH¢686 million to health service providers as claims under the National Health Insurance Scheme (NHIS) this year,...
Some aggrieved customers of defunct financial institutions in the Bono Region have sent an SOS message to the Bank of Ghana and Security and Exchange Commission (SEC), for government to expedite action on the payment of locked up funds to help ease their excruciating plight.
According to the group, systematic...
As part of strategies to hasten revival of the economy following negative impacts from the coronavirus pandemic, the Ghana Export Promotion Authority (GEPA) has rolled out a programme that supports young entrepreneurs in the agriculture sector to tap into the international market.
The Youth in Export Programme, which is in...
I have never regreted taking the bold steps to study holistic medicine as my profession. Do you know that about GH¢5,000 worth of herbal raw materials for a single herbal product could generate GH¢500,000 cool profit for you? Interesting, Chinese and foreign natural medicinal products have infiltrated our market...
Right To Play Ghana says the global health crisis can have a far more reaching impact on education if deliberate steps are not taken to ensure that all children benefit from the digital lessons provided by the Ghana Education Service.
In a statement marking the International Day of the African...
What do General Motors, Burger King, CNN, Uber and Airbnb all have in common?
They were all founded during economic downturns.
GM launched in 1908, when the US economy was in turmoil after "the Panic of 1907" financial crisis. Meanwhile, Burger King flipped its first patty in 1953, when the US...
Gold miners will need to invest $37 billion into projects in the next five years to maintain 2019 production levels and counter the prospect of peak supply, consultancy Wood Mackenzie said in a report on Wednesday.
With no major new gold discoveries over the last few years, miners have resorted...
The country’s fears of losing substantial domestic revenue through the devastating impact of the coronavirus pandemic has been worsened as Bank of Ghana data shows only about 18 percent of oil revenue target was realized in the first quarter of this year.
According to the Fiscal Development Report (May 2020),...