BUSINESS

Consumers of Liquified Petroleum Gas should expect some reduction in the price of the product in the coming days as the Chamber of Petroleum Consumers Ghana (COPEC) is projecting a drop of up to 2%. However, prices of petrol and diesel are expected to go up by 3% this month. …

Vice President Dr. Mahamudu Bawumia has assured of government’s commitment to reviving Ghana’s economy back to pre-pandemic levels. According to him, the devastating impacts of the Coronavirus pandemic have eroded the gains made by government between 2017 and 2019. He also stated that just when Ghana’s economy was bouncing back the Russia-Ukraine …

Ghana’s revenue governing body, Ghana Revenue Authority (GRA) has assured people who have been wrongly charged as part of the implementation of the Electronic Levy popularly known as E-levy that all wrongful charges will be reversed. According to the GRA, it is using a modified approach to validate claims of wrongful charges …

The Small Scale Poultry Farmers Association says effective Monday, May 2, 2022, there will be an upward adjustment in the price of eggs. A small egg crate will now sell at GH¢30, the medium size and unsorted crate will go for GH¢32, a cedi more will be needed to get …

The Ghana Revenue Authority (GRA), has said it is ready for the implementation of the Electronic Transfer Levy (E-Levy). The implementation of the E-Levy takes off on Sunday, 1 May 2022. A statement issued by the GRA to announce the take off of the levy on Sunday, said: “GRA has …

The implementation of the Electronic Transfer Levy (E-Levy) begins today, Sunday, 1 May 2022. The 1.5percent levy will apply to electronic transactions. The 5 transactions affected by the E-levy include:  Momo transfers between users on same network, Momo transfers between users on different networks, Transfers from bank accounts to Momo …

The Chamber of Petroleum Consumers-Ghana (COPEC), says its projection for the next pricing window shows that prices of petroleum products will see a marginal increase from Sunday May 1, 2022. In a statement, the energy think tank said it expects petrol and diesel to be sold at GH¢ 9.538 and …

An attempt by William Ato Essien, the founder of the defunct Capital Bank to halt proceedings in the ongoing trial has failed. The court prior to moving the Application for Stay of Proceedings pending a determination of an interlocutory appeal, hinted counsel, that, it was going to dismiss the application …

Toronto-listed Galiano Gold, operators of Asanko Gold in Ghana has been sued by its workers, claiming unfair dismissal, court documents show. The Ghana Mine Workers Union (GMWU) which is leading the fight wants an Accra High Court to restrain the Canadian multi-national firm from laying off some 299 permanent staff …

The Ghana Revenue Authority has stated the designated charging entities for the implementation of the Electronic Transfer Levy. According to the Authority, the charging entities who will collect the levy from the public include, Electronic Money Issuers (EMI); Payment Service Providers (PSP); Banks and Special Deposit-Taking Institutions (SDI) and other Financial Institutions …