The removal of import duties on spare-parts and other items will begin in 2018, the Ghana Revenue Authority (GRA) has said.
This due to completion of the processes and legal framework necessary for implementation of the decision announced by government in its 2017 budget.
It also follows the expected operationisation of...
First National Bank Ghana, a subsidiary of the FirstRand group of South Africa, has introduced its merchant-acquiring solution into Ghana. Commonly known as a Point of Sale (PoS) device, this will be available to all qualifying businesses such as retail outlets, fuel stations, restaurants, churches etc.
As one of the...
The maiden edition of the Barclays Africa Group Financial Markets Index has ranked the capacity of local investors in the country among the lowest of 17 financial markets on the continent.
The survey, conducted in collaboration with Official Monetary and Financial Institutions Forum (OMFIF) and launched in Accra last week,...
The Central Bank has placed a freeze on licensing of new banks and other financial institutions as part of its aim to strengthen supervision, which will come as a blow to investors seeking to enter the financial space without recourse to existing institutions.
“To rationalise the banking sector to ensure...
Africa World Airlines (AWA) has submitted a proposal and held discussions with the Aviation Ministry to be designated as the country’s flag-carrier, Togbe Afede XIV - Co-Chairman of AWA and Chief of Asogli State - has said.
When designated as the national flag-carrier, AWA will be able to operate flights...
Nordea Income Growth Fund Limited, the eight best company in Ghana, according the business ranking by the Ghana Investments Promotion Council’s (GIPC) Club 100, has once again posted impressive performance in 2016 financial year with a 20.46 percent income growth compared to the negative 15.33 percent recorded by the...
Meridian Port Services (MPS) has taken delivery of the first unit out of two Mobile Harbour Cranes (MHC).
The Crane arrived on 8th December 2017 and it is currently being commissioned by the manufacturers’ engineers expected to be put into operations after completing the training in the coming two weeks....
The Energy Commission has introduced a Certified Refrigerating App to help consumers identify energy efficient refrigerators and also help the commission eliminate sub-standard refrigerating appliances that are smuggled into the country.
Speaking at the launch, Acting Director for Energy Efficiency & Climate Change at the commission, Kofi Adu Agyarko said,...
At the One Planet Summit convened by President Emmanuel Macron of France, United Nations Secretary General Antonio Guterres, and World Bank Group President Jim Yong Kim, the World Bank Group made a number of new announcements in line with its ongoing support to developing countries for the effective implementation...
It is almost impossible to see the logic in Donald Trump’s decision to recognise Jerusalem as the capital of Israel, argues Shibley Telhami, a Senior Fellow at the Centre for Middle East Policy.
But if Trump’s undoing of decades of U.S foreign policy stance on Jerusalem is an illogical aberration,...