The Coalition of Commercial Transport Operators has directed all commercial transport operators to embark on a sit-down strike from Monday, December 6th to back home their demand for government to remove five taxes contained in the 2022 budget. The five taxes and levies are- the Price Stabilization and Recovery Levy, …

Buying a car is a big decision especially for first time buyers because of the huge financial input it requires to get even a moderately priced vehicle in Ghana. Therefore, such a decision should be taken with the best awareness of what to look out for in order to get …

Energy experts are asking the Public Utilities Regulatory Commission (PURC) to factor the cost of excess capacity accrued to the energy sector into the computation of power tariffs. This, according to them, would help ease the burden of government in off-setting the about US$7.5 billion energy sector debt. Based on …

Statistics South Africa has published its latest data on government spending, and the key sectors where taxpayer money is used. The data shows that government spending flirted with the R2 trillion mark in the 2019/20 financial year, representing a 10% rise from the R1.79 trillion recorded in 2018/19. ‘General government’ …

Some updated good news coming in is that the three contestants of the Keta Senior High Technical School who won bronze for their school in the just-ended National Science and Maths Quiz (NSMQ) will all get the chance to travel to Dubai. This is coming after the girl of the …

Keta SHS finishes third in 2021 NSMQ Fransisca Lamini celebrated for being first girl to make final in 8 years Fransica Lamini rejects Dubai trip Former Deputy Communications Minister, Victoria Hammah, has described as a betrayal, a decision by Francisca Lamini, the female member of the Keta Senior High School’s …

Decrease in stock prices due to low demand Value of listed companies on GSE declined in 2020, BoG Investors offload their assets in haste over COVID-19 fears The Financial Stability Review of the Bank of Ghana has revealed that the value of listed companies on the Ghana Stock Exchange (GSE) recorded a decline in …

Cocoa farmers say they have been treated unfairly by COCOBOD Address issues regarding our pensions immediately, farmers to COCOBOD 60% of cocoa farmers in Ghana are poor, Research Members of the Ghana National Cocoa Farmers Association (GNACOFA) boycotted this year’s farmers’ day celebration following what they described as the Ghana …

The first cases of the new Omicron variant of coronavirus have now been detected in the United Kingdom (UK). It was highlighted by scientists in South Africa as a potentially worrying new strain. What tests are used to detect Omicron? Swabs from polymerase chain reaction (PCR) tests, which are sent …

Otumfuo to launch gold coins Gold Coins not for legal transactions Commemorative gold coins to be auctioned, sold, Report The Asantehene, Otumfuo Osei Tutu II, is set to officially launch his Commemorative Gold Coins on December 12, 2021. According to reports, the Commemorative Gold Coins is a fitting memorial in honour …

The online betting industry in Ghana has been growing at a rate of knots in recent years, with Ghana quickly becoming one of the hotbeds of sports betting in sub-Saharan Africa. The Ghanaian gambling market still lags behind regional superpowers South Africa, Nigeria and Kenya; but the West African nation …

Minority Leader in Parliament, Haruna Iddrisu, says his side will readily accept a reduction of the proposed electronic transaction levy (e-levy) to 1% from 1.75%.a “A week ago, it was no no no, we won’t accept e-levy but having listened to officials in government, including the Minister of Finance. “I am …

Energy experts are asking the Public Utilities Regulatory Commission (PURC) to factor the cost of excess capacity accrued to the energy sector into the computation of power tariffs. This, according to them, would help ease the burden of government in off-setting the about US$7.5 billion energy sector debt. Based on …

Mr John-Peter Amewu, the Minister of Railways Development, on Wednesday, announced that government has paid 68 million euros to Amandi Holdings Limited to begin construction works on the Manso-Huni Valley rail line in the Western Region. Mr Amewu said this, in Accra, Wednesday at a media briefing on the Government’s …

Total reduces its prices by 2% International crude oil prices have seen some reduction Fuel prices decrease marginally Checks at various pumps have revealed that some Oil Marketing Companies (OMCs) have started revising their prices this morning. The Institute of Energy Security (IES) has stated that prices on the market …

Ghana has ODF communities Takoka is a fishing community No plastics found at Takoka Takoka is a community in the West Mamprusi District of the North East region and it is arguably, Ghana’s cleanest village. This, according to award-winning documentary producer and journalist, Edem Srem is also due to the …

Ghana records first cases of new COVID-19 variant Ghana’s current Omicron cases imported 28% of 120 samples taken at KIA returns positive for Omicron The Noguchi Memorial Institute for Medical Research says it has detected 34 cases of the Omicron COVID-19 variant from some 120 samples of returning travellers into the country. …

Disgruntled supporters sending threats to NSMQ mistress The Quiz Mistress of the National Science and Maths, Dr Elsie Kaufmann, has noted that she has been receiving death threats in the aftermath of the 2021 finals of the competition. The 2021 edition of the competition climaxed on November 26, 2021, with …

WHO first announced new Omicron variant cases South Africa first country to record Omicron variant Health Service boss asks citizens to adhere to safety protocols Ghana has recorded two cases of the new Omicron COVID-19 variant. This, according to the Director-General of the Ghana Health Service, Dr. Patrick Kumah Aboagye, was identified …

Deputy Majority Leader, Alexander Afenyo-Markin, has said that the electronic transaction levy (E-levy) will be reduced from 1.75% to at least 1.5%. According to him, the reduced charge was captured in the revised version of the 2022 budget submitted by the Finance Minister, Ken Ofori-Atta on Tuesday. Speaking on PM …

The power outages in the Ashanti region will continue until December 20, 2021, as a result of ongoing works on three damaged towers of GRIDCo at Bogoso, GRIDCo has said. Speaking at a joint press conference organized by GRIDCo and ECG in Kumasi, the Director of Northern Network Services at …

Ad Ken Ofori-Atta introduced 1.75% e-levy Govt fees and charges was also increased by 15% Ken Ofori-Atta says govt is engaging telcos on the new levy During the presentation of the 2022 budget dubbed ‘Agyenkwa budget’, the Finance Minister, Ken Ofori-Atta introduced a new 1.75% levy on all electronic transactions such as Mobile …

Business word of the day – Cyber Monday   The term cyber-Monday, was coined in 2005 Source:

Government pays about four billion dollars in subsidizing the energy sector, Mr Habibu Adam, a Senior Economist, at the office of the Senior Presidential Advisor, has said. Mr Adams said the subsidy payment was more than the money being spent to implement the Free Senior High School (FSHS) policy, adding …

Ad The World Bank has urged Ghana to accelerate economic transformation by creating more decent jobs for its growing youthful population to address the fast-paced unemployment challenge in the country. The Bank noted that although the country had over the last two decades, become a rising star in Africa, nearly …

Members of Parliament received a number of proposals from tax experts on the issue of the now controversial Electronic transactions levy (E-levy) that Finance Minister Ken Ofori-Atta included in the 2022 budget. Whereas one expert asked for the total scrapping of the tax, another hailed it as ingenious with a …

Madam Lydia Ama Aberesi, a 24-year-old blind farmer, emerged the overall best farmer in the Abura-Asebu-Kwamankese (AAK) District of the Central Region. Madam Aberesi, together with her spouse, Mr Stephen Nkrumah also a farmer, have large acres of cassava, okra, maize, plantain, and pepper. For her prize, she was presented …

The Food and Drugs Authority (FDA) has retrieved some 270 cartons of Charme Sparkling non-alcoholic red and white grape juice from the market. According to the Authority, these cartons are expired, thus, were retrieved with the help of the Police Service after a tip off from a vigilant member of …

The pupils and teachers of St Paul Roman Catholic Junior High School (JHS) at Tokuroano in the Krachi East Municipality of the Oti Region, have begun the construction of a four-unit classroom block to enhance teaching and learning. The construction, which is a mud structure, follows several failed attempts to …

The government may be considering the removal of the proposed electronic levy (E-levy) in the 2022 budget statement and economic policy of the Akufo-Addo administration on the sums of money sent by foreign workers to individuals in the country which is better known as inward remittances. Government, according to Accra-based …