Regulator cries it has no power to prosecute defaulters Most private sector employers are yet to comply with provisions of the Tier-2 pension scheme, which mandates companies to contribute 5 percent into a privately managed pension scheme. Out of 51,466 private establishments/companies active under the Social Security and National...
The Public Utilities Regulatory Commission (PURC) has yielded to governments quest to reduce electricity tariffs against calls by the utility companies and civil society to increase tariffs. According to a statement, issued by the PURC and published on their website, the current review is as result of reductions in key...
There seems to some way out of the recent spate of robberies apparently fueled by the presence of cash according to Alhassan Andani, CE of Stanbic Bank Ghana who says going cash lite may be a way out of the difficulty. According to the President of the Ghana Association of...
Stanbic bank has engaged 65 key stakeholders at a breakfast meeting dubbed ‘Achiever Series’ in Accra. The quarterly breakfast meeting is aimed at bringing together captains of industry to dialogue on the bank’s relationship, their products and how to improve systems and services offered their employees. Manager of the Achiever and...
The 1993 Year Group of the Old Achimotan Association (OAA), have handed over a digitisation project to the school, as part of their 25th anniversary celebrations. Speaking at the handing over ceremony, Akora Kweku Agbesi, Head of the refurbishment project said, “We are doing this project because we wanted to...
More businesses apply for free stamping 3-month grace period ongoing The Ghana Revenue Authority (GRA) has said it is determined to ensure the newly-introduced Excise Tax Stamp regime works, as it seeks to block tax leakages and shore-up government revenue. “Mostly, taxes on tobacco and beverages are not paid properly;...
Regulator cries it has no power to prosecute defaulters Most private sector employers are yet to comply with provisions of the Tier-2 pension scheme, which mandates companies to contribute 5 percent into a privately managed pension scheme. Out of 51,466 private establishments/companies active under the Social Security and National...
The Public Procurement Authority (PPA) has said the concession granted IBISTEK Ghana Limited to develop and operate an on-dock container and multi-purpose terminal project at Port Takoradi followed due process. The authority said this in a document sighted by the B&FT after our publication in the Friday, March 2, 2018,...
They submit no quarterly financials They lie about status of expat employees And they flout the law, sellING above 30% of products locally Most of the over 200 enterprises operating within the free zones enclave have failed to submit quarterly financial statements to the Ghana Free...
Prolonged litigation blamed for delay The redevelopment of the Kejetia bus terminal into an ultra-modern market complex, which was initially planned to be completed by January, is now expected to be completed by close of year. The US$298million project, which is now estimated to be 90 percent complete, was started...