GB Foods, the company behind the popular Gino brand, 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 produce....
The South Africa High Commissioner to Ghana, Grace Jeanet Mason, has paid a working visit to the Sunon Asogli Power Thermal Plant at Kpone, near Tema. The visit follows a courtesy call last month to the embassy in Accra by a delegation led by the company's Chairman, Yang Qun and...
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...
The equities market of the Ghana Stock Exchange (GSE) is on the ascendancy as its Composite Index (GSE-CI) surged past the 2.500-point mark, accelerating to a 6-month high of 2,518.06 points at the end of the first trading session for the third week in March. This sustains a rise which...
Consumer inflation has further declined to 52.8 percent in February 2023 from 53.6 percent the previous month, easing price pressures since January 2023. Inflation peaked around 54.1 percent in December, 2022, accelerating for 19 consecutive months, according to data from the Ghana Statistical Service (GSS). The February 2023 inflation declined...
Only 25.8 percent of registered companies have declared their beneficial ownership (BO) information, nearly three months after the deadline requiring businesses to do so, Office of the Registrar of Companies (ORC) has said. As of February 27, 2023, the ORC said only 74,316, representing 25.8 percent out of  the 287,189 registered...
Bank of Ghana has been recognised by President Nana Addo Dankwa Akufo-Addo for the distinguished roles it played during the fight to contain the COVID-19 pandemic. Specifically, the bank had to immediately trigger its emergency support clause under Section 30 of the Bank of Ghana Act, 2002, Act 612 as...
...Restructuring our thoughts and leaving a lasting legacy for the next generation On Sunday, 5th March, 2023, I received an invitation to speak to the students of the University of Health and Allied Sciences (UHAS) in the city of Ho, the capital of Volta Region. The university, with three...
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...