The Ghana Revenue Authority (GRA) has been tasked to collect in excess of GH¢39bn as taxes for the 2018 fiscal year. In 2017, the authority collected GH¢32.4bn as against a target of about GH¢ 34bn, representing 97 percen Mr. Emmanuel Kofi Nti - Commissioner General of the GRA, in an interview...
The increase in ‘no-shows’ recorded by airlines operating in Ghana has led to an increase in overbookings by airlines as they strategise to avoid flying empty planes to various destinations around the world. A "no-show" refers to when a passenger - someone who has purchased a ticket - has not...
Small businesses, especially those in the information technology sector, have expressed worry and discontent over what they consider to be the high cost of using the Internet and its associated poor quality of service. In an interview with the B&FT some of the businesses, which are of different sizes, shared...
Residents of resettled communities within the enclave of the 400megawatt Bui Hydroelectric project have appealed to authorities for bill-free electricity supply as part of their compensation package. They say construction of the dam has adversely affected their source of livelihood – farming and fishing, thus rendering them too financially incapacitated...
The bullish run experienced by the equities market in 2017 is set to continue unabated in 2018, according to analysis by Databank Research, based on its projections of a more stable cedi and a further decline in inflation and interest rates. “The sharp decline of yields in the fixed income...
The Vice President, Dr. Mahamudu Bawumia, is highly optimistic Ghanaians will feel real transformation in their lives from this year as government rolls out a number of programmes to boost the economy. Opening the 69th edition of the Annual New Year School at the University of Ghana, Dr. Bawumia stated...
Sir Sam Jonah, the Executive Chairman, Jonah Capital, has called for a deliberate policy to change the attitude of Ghanaians towards local products. He said the inordinate taste for foreign goods in Ghana and many African countries was not conducive to developing indigenous capital. “There is little faith in things made...
  While the cedi’s year-to-date performance against the US dollar has been encouraging, it has been faltering against other major currencies such as the pound sterling and the Euro. With the year barely a fortnight old, the cedi’s performance on the interbank market indicates a year-to-date depreciation of about 0.1 percent...
Expatriate businesses expected to take their turn at the Special Committee hearing in Parliament House failed to show up today, for unexplained reasons, Committee chairman, Kwasi Ameyaw-Cheremeh has confirmed. The five member Committee hearing has to be suspended indefinitely due to the no-show of the business companies. Mr Ameyaw-Cheremeh explained “Today...
The University of Mines and Technology (UMaT) Tarkwa, has installed former President, John Agyekum Kufour, as the first Chancellor of the institution. The installation ceremony which took place at the UMaT campus on Friday was to confer authority on the new Chancellor and welcome him officially to the University system. Hundreds...