The Minister of Fisheries and Aquaculture Development (MoFAD), Mavis Hawa Koomson, is getting tough with trawlers operating in Ghanaian waters, denying license renewal to about 77 percent of the total 76 trawlers that fish in our territorial waters.
It is recalled that in July last year, the ministry issued a...
Indian High Commissioner to Ghana Mr. Sugandh Rajaram, speaking at the AgriTech West Africa 2023 Exhibition, called for greater cooperation between India and Ghana in the area of agriculture and rural development.
The call for agricultural partnerships between India and Ghana has become increasingly important under the AfCFTA, which presents...
The Deputy Minister of Tourism, Arts and Culture, Mark Okraku Mantey, is courting media support to boost tourism in the country.
Tourism, one of fastest-growing industries in the country, contributed US$2.1billion to the economy in 2021, and was estimated to have generated about US$2.3billion by the end of the year...
The Office of the Registrar of Companies (ORC) is complaining that only 25.8 percent of registered companies have declared their beneficial ownership (BO) information, three months after the deadline requiring businesses to do so.
As at February 27, 2023, the ORC said only 74,316, representing 25.8 percent out of the...
A company behind the popular Gino brand called GB Foods has announced plans to invest US$70million into tomato production and processing in a major boost for tomato production in the country.
The project involves establishing two industrial farms, each spanning approximately 5000 hectares, accompanied by a factory to process fresh...
Since it is deemed that the country’s VAT penetration and performance is regarded as inadequate compared to countries in the sub-region, the Ghana Revenue Authority (GRA) is set to start the first phase of electronic value added tax (e-VAT) implementation.
It follows the successful pilot of some 50 targeted taxpayers...
The Minerals Income and Investment Fund (MIIF) is committed to increasing local participation and ownership in the minerals sector.
This will be achieved in collaboration with the Ghana Stock Exchange (GSE) and the Minerals Commission.
In MIIF's quarterly outlook for March 2023, highlights that mining companies will be required to list...
A banking consultant, Dr. Richmond Atuahene, warns that banks operating in the country could face insolvency if the International Financial Reporting Standard (IFRS) 9 is applied strictly, following their participation in the Domestic Debt Exchange Programme (DDEP).
Already, indications point to the fact that foreign-owned banks, including South Africa-based Standard...
The Ghanaian-German Economic Association (GGEA) seeks to engage with the Ghana Revenue Authority (GRA) on the New VAT Amendment Act and Tax Regime.
The Association at its business Forum on Ghana's Economic Outlook, under the theme Ghana's Path to Economic Recovery, reckoned that there's a critical need for the GRA...
Minister of Lands and Natural Resources, Samuel Abu Jinapor, again reiterated that forest reserves must remain no-mining zones - except in some exceptional situations - when he appeared before parliament to brief it on efforts to curb illegal mining.
To this end, he said, government had ceased issuing reconnaissance, prospecting...