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...
The Minerals Income and Investment Fund (MIIF) is committed to increasing local participation and ownership in the minerals sector.
This will be achieved in collaboration with the Ghana Stock Exchange (GSE) and the Minerals Commission.
In MIIF's quarterly outlook for March 2023, highlights that mining companies will be required to list...
Consumer inflation has further declined to 52.8 percent in February 2023 from 53.6 percent in the previous month, sustaining the reversal of the price pressures which begun in January 2023.
Inflation peaked around 54.1 percent in December, 2022, accelerating for 19 consecutive months, according to the data from the Ghana...
The Social Security and National Insurance Scheme (SSNIT) issued a policy directive in December 2022, titled ‘Discontinuation of Allowing Members Aged 60 and Above to Contribute to the Scheme’. The directive did not detail the actuarial basis of the policy nor its social and financial impact on the affected...
The government has commenced coupon and principal payments on old bonds, the Ministry of Finance has said.
“Following the press release issued by the Ministry of Finance dated 27th February, 2023, government is pleased to announce that processes to settle payments on outstanding bonds commenced yesterday, 13th March, 2023,” the...
The Minerals Income and Investment Fund (MIIF) has reaffirmed its commitment to increasing local participation and ownership in the minerals sector, in collaboration with the Ghana Stock Exchange (GSE) and the Minerals Commission (Mincom).
MIIF's quarterly outlook in March 2023 highlights that mining companies will be required to list a...
GB Foods, leading food manufacturing company and producers of Ghana’s favourite Gino and Pomo range of products, have expanded its production line by opening a state-of-the-art tomato canning line in Tema.
Built at a total cost of US$5million, this state-of-the-art tomato cannery is aimed at reducing the amount of raw...