Business

1,399  Managers of three hotels in Dansoman and North Kaneshie in the Greater Accra region have been arrested by the Police for failing to issue Value Added Tax (VAT) invoices. The facilities are namely, Legacy Hotel, Kegali Hotel, and Mascot Hotel. The fourth company, Silver Clouds, is a wholesale supermarket that issues non VAT invoice. […]

1,677  The Organizers of National Youth Premier Awards has officially opened nominations for the 2nd Edition of NAtional Youth Premier Awards 23 starting from 15th August to 20th September 2023. According to the executive Board ,they are targeting young Ghanaians who have made impact with their professions and their skills for the National development and […]

1,322  The Managing Director of the Tema Oil Refinery (TOR), Jerry Kofi Hinson has resigned from office on health grounds. Mr Hinson in a letter dated August 11, 2023 addressed to President Nana Addo Dankwa Akufo-Addo stated that he is unable to continue his role as the MD due to unforeseen health circumstances. “It has […]

2,955  The International Monetary Fund (IMF) has come to the aid of the Bank of Ghana (BoG), absolving it from accusation of mismanagement as a result of the loss of GH¢60 billion. The Bretton Woods institution believes accusation of mismanagement on the part of the central bank is far-fetched, and corroborated the BoG’s explanation on […]

1,133  Mr Luqman Mohammed Nuhu Appiadu, Ashanti regional vice chairman for GNAG, has secured the chairmanship slot in their upcoming elections without opposition. He has guaranteed sponsorship for artisans to pursue education abroad and broaden their horizons. According to the Chief Executive Officer of Luqman Engineering and Auto Service in the Ashanti region, the idea […]

1,131  The Acting Director General of the Geological Survey Authority (GSSA), Issac Mwinbelle, has offered insights into the rationale behind the Bank of Ghana’s (BoG) decision to relocate its head office to a safer area. Mr. Mwinbelle highlighted that the Ridge location chosen for the new headquarters is less vulnerable to earthquakes and tremors compared […]

1,337  Wins from lottery games, casinos and marketing promotional raffles will now attract a 10 per cent tax with effect from August 15, 2023. This means that gross winnings from all betting, gaming, lotto and other games of chance will be subjected to a 10 per cent withholding tax which will be considered as a […]

1,275  Accusations have been levelled by the opposition National Democratic Congress (NDC) against the Bank of Ghana, claiming the construction of a new head office at an alleged cost of $250 million. In an unfolding narrative of financial management woes, the NDC has pointed fingers at the Bank of Ghana’s leadership, alleging a history of […]

1,836  Ghana risks losing about $30 million from global donor funds for the fight against tuberculosis (TB) for defaulting in raising its counterpart funding. The Global Fund has also threatened to withdraw its support for most African countries because they have failed to make sufficient budgetary allocation to augment what they receive internationally. Ghana’s sole […]

1,154  Hon. George Mireku Duker, the Deputy Minister for Lands and Natural Resources in charge of Mining, has entrusted the Management and Staff of the Volta Aluminium Company (VALCO) with the task of ensuring the total transformation of the company to enable it assume a strategic position in government’s plans for the integrated aluminium industry […]