BUSINESS

Why GH¢15 is trending on Twitter after Date Rush reunion

• One of the contestants of Date Rush accused her date of asking her for GH¢15 • The date however said he asked for GH¢50 because he was helpless • Their clash received mixed reactions from viewers of the TV show Social media platform Twitter has been inundated with views …

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15 years without research vessel worries fishers

  Fisher associations in Ghana are worried about the unavailability of a research vessel to conduct examinations on the behaviour of the country’s fish species, particularly in closed seasons. The associations – comprising the National Fisheries Association of Ghana, the Ghana National Canoe Fishermen Council, Ghana Industrial Trawlers Association and …

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Ghana to establish cocoa production plant in Rwanda

Ghana is collaborating to establish a chocolate production plant in Rwanda to boost trade and investment between the two countries. As part of the partnership, Ghana will supply processed organic cocoa in a form of cocoa nibs or cocoa Liquor as shall be determined. Rwanda will also establish a formulation …

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Abu Jinapor violates coronavirus protocols

  The Member of Parliament for Damango, Samuel Abu Jinapor, has returned to his constituency and has been sighted fraternizing with his constituents without regard for Covid protocols. In photos shared on his social media handles, the Member of Parliament is seen fraternizing with his constituent; something that is hardly done by most Members of Parliament in …

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Fuel prices goes up again by 3 percent

  •Fuel prices have gone up slightly in 2nd pricing window of June 2021 •The increase has been attributed to rising prices of commodities on the international market •COPEC has called on govt to work on shielding consumers from such increments The Chamber of Petroleum Consumers (COPEC) has said the …

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TUTAG suspends strike

The Technical University Teachers’ Association of Ghana (TUTAG), has suspended its strike. A Press statement dated Saturday, June 19, 2021 and signed by the National President, Dr Michael Brigandi said the suspension of the industrial action is based on trust and confidence in the assurances by the Education Minister. TUTAG …

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PHOTOS: NDC’s Joyce Bawah Mogtari gives birth to triplets

   Listen to article The Special Aide to former President John Dramani Mahama, Joyce Bawa Mogtari has delivered triplets. A picture of the former Deputy Minister of Transport is seen carrying one of the babies. Her husband, Hudu Mogtari, a former CEO of Food and Drugs Authority (FDA) and John …

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Stop imposing unfair charges on customers – BoG to Banks

The Bank of Ghana has asked all Banks and Specialised Deposit-Taking Institutions (SDIs) to stop imposing unauthorised fees and charges on customers. A five-page statement issued by the Bank of Ghana said: “The Bank of Ghana has observed with concern, a trend where some Banks and Specialized Deposit-Taking Institutions (SDIs) …

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Rock kills two in mine at Gbani in Upper East

Two small-scale miners met their untimely death in a mine in Gbani-Obuasi in Talensi in the Upper East Region after a loose rock fell on them. The two were part of a team of five small-scale miners who had gone underground on Thursday, June 17 to mine. According to a …

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Man burns daughter’s hand for allegedly stealing ¢10

• Alhassan Maijida is said to have put the hand of his daughter into fire • The 8-year-old girl lost three fingers of her right hand. • She’s currently receiving treatment at the Walewale Government Hospital For allegedly stealing ¢10, one Alhassan Maijida put the hand of his 8-year-old’s daughter …

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Tax experts express worry over VAT underperformance

Tax experts have expressed concerns over Value Added Tax (VAT) revenue underperformance, saying government is not reaping the needed and expected benefits due to some challenges associated with the tax regime. With the present VAT regime, which came into force in 2018, companies are no longer charged a standard rate …

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Ghana resolving EU threats over illegal fishing

The Fisheries Commission says with the help of the European Union, it is strategizing to address Illegal, Unreported and Unregulated (IUU) fishing in Ghana’s territorial waters. Mr Emmanuel Kwame Dovlo, Deputy Director of Fisheries at the Fisheries Commission in an interaction with the media at Tema said over the past …

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GRA to tax E-commerce businesses

The Ghana Revenue Authority (GRA) is in the process of developing mechanisms and modalities to tax e-commerce businesses by the end of the year. The move, which formed part of measures to widen and increase the tax net, had become necessary because of the emerging e-commerce business as a result …

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Ivorian ex-leader Gbagbo supporters prepare for his return

  Supporters of former Ivory Coast president Laurent Gbagbo bought t-shirts and painted the headquarters of his Ivorian Popular Front (FPI) movement, one day before he returns to the country for the first time since 2011. “When he left, nobody wanted it. But they say he is coming. He is …

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Wesley Girls, six others awarded best WASSCE performance

Best performing schools in the 2020 National West Africa Secondary Schools Certificate Examination (WASSCE) rankings for the Central Region have been awarded with citation of merit. The ceremony, which was to motivate hard working teachers, students and their schools, saw seven schools receiving the awards. Wesley Girls Senior High School …

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Great Olympics CEO handed a one-match ban

  The Disciplinary Committee of the Ghana Football Association (GFA) has handed Mr. Olloboi Commodore a one-match ban and a fine of GHC2,000. This follows an interview he granted to an Accra based radio station Happy FM where he said ‘if not for dubious officiating they (referring to Accra Hearts of Oak …

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Tema Oil Refinery MD, deputy fired

The Managing Director (MD) of Tema Oil Refinery (TOR), Francis Boateng, has been sacked from his post, together with his deputy, Ato Morrison. The duo, who had been at the helm of the troubled state-owned refinery since May 2020, were reportedly served with their dismissal letters last Friday June 11, …

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Proposed new gold mine to reverse production slump

After several years of lull with regards to new gold mines, Ghana is finally about to get one, as Canadian junior, Newcore Gold has announced a preliminary economic assessment (PEA) for its Enchi gold project. It outlines plans for an open pit and heap leach operation processing 6.6 million tonnes …

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Ghana Inflation falls to unexpected record low

  Ghana’s inflation rate dropped its lowest level since the start of 2013, at 7.5 percent in May, which is less than the median of the Bank of Ghana’s target band of between 6 percent and 10 percent. The fall in headline consumer price inflation from April’s level of 8.5 …

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See this 1958 graduation photo from the KNUST

  In 1958, the setting for a university graduation was obviously not as flamboyant as we have them today but the essence of those events cannot be said to have been any less. In this photo of a graduation ceremony from the Kumasi College of Technology, now the Kwame Nkrumah …

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GRA introduces rent tax – Commissioner-General

• Implementation of rent tax will kick off by end of this year • Rent tax must be paid within 30 days after the rent income is received by landlords or property owners • Payment of the rent tax can be made at the nearest Domestic Tax Revenue Division Office …

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