The Ghana Revenue Authority (GRA) has begun test purchase operations within the hospitality industry as part of enforcements for the festive season, with an assurance to include night surveillances to clamp down on recalcitrant VAT defaulters.
Head of Enforcement, Accra Central Unit-GRA, Joseph Annan - speaking to the B&FT at...
The Trades Union Congress (TUC) has declared an indefinite strike for all workers across the country beginning December 27, 2022 until further notice.
The decision was taken after the Union’s one-week ultimatum to government to exempt all pension funds from the intended Debt Exchange Programme elapsed on Monday, December 19,...
…as NITA seeks to promote vibrant ICT ecosystem
The National Information Technology Agency (NITA) will start regulating the Information Communication Technology (ICT) sector rigorously next year, Communications and Digitalisation Minister Ursula Owusu-Ekuful has said.
“So, from January 2023 we are going to see a greater enforcement of the laws...
……posts 962% growth in profit
Okomfo Anokye Rural Bank PLC at Wiamoase in the Sekyere South District of Ashanti Region, having made determined effort to put the bank back on the path of growth and profitability, has recorded impressive growth in all indicators.
The bank recorded a profit before tax of...
Populations at immediate risk from coastal erosion, flooding and pollution - and people depending on agroindustry and tourism along coastlines in The Gambia, Ghana and Guinea-Bissau - will benefit from the West Africa Coastal Areas Resilience Investment Project (WACA ResIP 2), approved last week for a total amount of US$246million in...
…amid elevated inflation, interest rate and credit rating downgrades, and impacts on the financial market
Addressing the country’s debt burden, government on Monday, December 5, 2022 launched the Domestic Debt Exchange programme aimed at restructuring the country's domestic debt to ensure sustainability. This programme is particularly relevant in the context...
… as OA Pay presents better remittance services to its clientele
The Chief Executive Officer of One Africa Technologies (OA Pay) – a free remittance platform, Tracey Abiola, has said one key way to harness the promising gains in the Fintech sector and boost its growth is by investing...
In order to strengthen the country’s capacity to transition to a circular economy, the Ministry of Environment, Science, Technology, and Innovation (MESTI) has secured US$7m funding from the Global Environment Facility (GEF) toward the establishment of a circular economy framework for the plastic sector.
According to the ministry, after visiting...
Businesses and households can now breathe a deep sigh of relief, as the Ghana cedi has seen a shocking recovery against the US dollar as of the mid-December - appreciating by 63.7 percent.
This comes as an unprecedented surprise, since just a few weeks ago the Ghana cedi was roughly...
… call on authorities to ensure GPHA renews licence as agreed
Principal stakeholders in the horticulture industry are demanding an end to the ongoing licensure stand-off, as they implore relevant parties to ensure that the regulator - Ghana Ports and Harbours Authority (GPHA) - abides by mutually-agreed decisions regarding the...