BUSINESS

BoG oversees GH¢7.9 million refund, compensation payments

The Bank of Ghana (BoG) has by the end of the year 2021 secured monetary compensations and refunds totalling about GH₵72.9 million for complainants. Regulated Financial Institutions (RFI) paid complainants whose complaints were lodged, investigated, and found justifiable based on the BoG market conduct rules for its regulated entities. A breakdown of …

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We’re not going to increase transport fares now – GPRTU

The Industrial Relations Director for GPRTU, Alhaji Abbas Ibrahim Moro, has stated that the GPRTU will not increase transport fares now despite the hike in fuel prices. The Ghana Private Road Transport Union (GPRTU) stated earlier that it would hold a crunch meeting next week to deliberate on a “possible” …

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Ensure Transparent And Accountability On E-levy – Government Told

Ghana Second-hand Cloth Dealers Associations has charged the government to ensure transparency and accountability of the use of revenue generated from the e-levy. According to them, it is the responsibility for every citizen to pay tax and the government must also ensure that the money is used for the intended …

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Is it too much to use taxpayers’ money for national cathedral? – Ofori-Atta asks critics

Finance Minister Ken Ofori-Atta has wondered if using state funds to build the national cathedral that President Nana Akufo-Addo promised to put up for God if he won the presidency, was too much. “At any point in time when these buildings were built in Europe, was it ever the right time? How …

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Consumers in Ashanti Region resist proposed increment in water, electricity tariffs

Some residents in the Ashanti Region have asked companies providing utility services to reconsider their proposed increment on electricity and water tariffs. Some noted that the services rendered by these companies were below standard and do not deserve any form of increment from the common Ghanaian in times of high …

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World Bank recommends policy reforms to enhance Ghana’s trade flows

The World Bank says that additional policy reforms in investment and trade facilitation can further enhance trade flows between Ghana and the rest of the sub-region. In its Ghana Trade Competitiveness Diagnostics report, it urged the Government to among other things, take either administrative or regulatory steps to reduce port …

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A Plus makes damning allegation about Feli Nuna’s sexuality

Ghanaian politician and former musician, Kwame A Plus has launched a new attack on female vocalist, Feli Nuna, weeks after their ‘dirty’ fight in the studios of United Television. As earlier reported by GhanaWeb, the two personalities were caught in a banter on live television that resulted in A Plus using …

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The rise and fall of Tata Brewery, one of Ghana’s primary indigenous businesses

In the early years of Ghana’s industrialization drive post-independence, many business ventures established their footholds in the country to provide primary services that mainly served the indigenous people. One of these service providers was Tata Brewery Limited, the first wholly-owned Ghanaian brewery established by Joshua Kwabena Siaw. His rise-and-fall story …

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If it were Ghana, they’d be praying for your death – Afia Pokuaa reacts to Justin Bieber’s ill-health

Journalist, Afia Pokuaa has reacted to the overwhelming love demonstrated to Canadian singer Justin Bieber who has received prayers and well-wishes across the globe following the announcement of his ill-health. Justin, in a self-recorded video on Friday revealed that he has been diagnosed with Ramsay Hunt Syndrome, a condition that …

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Fuel hikes: GPRTU meets next week over transport fare increment

The Ghana Private Road Transport Union (GPRTU) will hold a crunch meeting next week to deliberate on a “possible” upward adjustment of transport fares. The Union said the meeting had become necessary due to what they described as “significant hikes” in fuel prices over the past few weeks. Prices of …

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