Ghana, one of Africa’s democratic standard bearers, is a relative newcomer to the oil sector. Having surpassed oil development’s teething problems, it has remained highly committed not to scaring foreign investors away and keep existing covenants intact. While the nation’s energy outlook is improving, significant challenges remain.
This year saw...
The Vice President, Dr. Mahamudu Bawumia, has asked the Domestic Tax Revenue Division of the Ghana Revenue Authority to take advantage of technology to implement an e-solution platform to administer taxes.
“I believe we have reached a stage in our development where we must adopt appropriate, current and improved technology...
The National Information Technology Agency (NITA), a state agency, is to review its regulations next year to compel government institutions to use digital solutions developed for their operations.
Veronica Boateng, ICT Applications Specialist at NITA said: “Strong and stringent policies will have to be adopted to ensure that the users...
OmniBank, the Small and Medium Enterprises (SMEs)-focused bank, is in talks with local and foreign investors to meet the Central Bank’s new GH¢400million minimum stated capital requirement.
But the increment in the bank’s stated capital will in no way affect its philosophy of supporting SMEs and youth development, but rather...
A new entity, Airteltigo, has been announced following the long-awaited merger of the two mobile telecommunication entities, Airtel--operated by Bharti Airtel and Tigo--operated by Millicom Ghana Limited.
Senior management staff of the newly-emerged entity yesterday met employees at a staff durbar to unveil the identity of the new entity and...
Government’s second local dollar bond issuance, which raised a total US$221million for three years at 6.25percent, put the cedi under temporary pressure last week, latest RMB Research has shown
Data from the Central Bank shows that the local currency depreciated by 0.46percent against the US dollar between October 30 and...
OCP Africa, a subsidiary of OCP Group - a leading global producer of fertiliser based in Morocco - rolled out one of its several intended projects in the country last week, dubbed the OCP School Lab.
It is a mobile laboratory that moves from community to community, educating farmers in...
Vice President Dr. Mahamudu Bawumia has urged rural banks in the country to take advantage and make adequate use of the digitisation system being established in the country.
He said the National Identification Card and introduction of the digital addressing system will give unique identities to individuals and also assist...
The Minority in Parliament claims that the upcoming 2018 Budget to be presented by the Finance Minister on Wednesday, 15th November,2017 is expected to contain a tax on mobile money transactions.
According to the spokesperson for Minority on Finance, Cassiel Ato Forson, government has the intention to tax mobile...
...as its capital investments hit US$3.2bn
In the last decade, Newmont Ghana Gold Limited (NGGL) has paid a total of US$883million in taxes, royalties and levies to the state, making it one of the leading taxpayers in the country.
In 2016 alone, the company paid US$78million into government’s coffers (US$36 in...