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BUSINESS

MoMo agents to strike on Thursday to oppose E-Levy

Mobile Money (MoMo) agents in the country are set to go on strike on Thursday, December 23, 2021, to express displeasure to the soon-to-be-implemented Electronic Transaction Levy (E-Levy). The government as announced by the Minister in charge of Finance, Ken Ofori-Atta in November plans to implement a levy to charge …

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GOIL inducted into Ghana Oil and Gas Hall of Fame

GOIL Company Limited (GOIL) has been inducted into the Ghana Oil and Gas Hall of Fame at the just ended prestigious 8th edition of the Oil and Gas Awards. GOIL has already been inducted into the Chartered Institute of Marketing, (CIMG) Hall of Fame as it has taken control as …

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Bolgatanga’s shea butter pivotal in success of UK black hair products

For many black women in the UK with natural Afro hair, it has always been an uphill task to get the right products for their natural locks. Countless products have claimed to be great for Afro hair, but just did not work, according to Rachael Twumasi-Corson, who co-founded Afrocenchix, a …

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Cardinal Appiah Turkson speaks on resignation reports

Pope Francis yet to make decision on Cardinal Turkson’s resignation letter Cardinal Appiah Turkson reportedly unhappy with internal wrangling in Vatican church Cardinal Turkson seen as candidate to become first African pope in about 1,500 years Ghana’s Cardinal Peter Appiah Turkson has broken his silence a day after reports went …

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NMC develops framework on safety of Journalists

The National Media Commission, (MMC) in collaboration with the Ministry of Information has developed a framework on the safety of Journalists across the country to promote media freedom. The framework will further enhance freedom of speech in the country since the Commission is mandated by law, “to resolve all complaints …

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Ghana spent U$1 billion on rice importation from 2017 to 2020

Ghana spent an estimated total of GH¢6.874 billion on the importation of rice from 2017 to 2020. In addition, the country also imported other food products for the period. Trade Minister, Alan Kyerematen made the disclosure when he appeared before Parliament to respond to a question by Murtala Muhammed Ibrahim, Tamale Central MP how …

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Leading Oil Marketing Companies begin to reduce fuel prices

Oil prices on the global market witness some reductions Leading OMCs in Ghana began to cut down prices New COVID-19 variants could derail oil demand and supply Some leading Oil Marketing Companies (OMCs) in Ghana have begun to reduce the prices of petroleum products, checks by GhanaWeb Business have revealed. The development comes after …

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2022 budget: Finance Committee suspends consideration of E-Levy

The Finance Committee of Parliament has suspended consideration of the Electronic Transactions Levy Bill, 2021. This means parliament is unlikely to pass or reject the bill if the House rises later today. The minority has threatened to shoot down the controversial 1.75% E-Levy which is to affect mobile money Transactions …

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SSNIT OBS case: Ernest Thompson, four others begin trial on Jan 21

The trial of former Director-General of Social Security and National Insurance Trust (SSNIT) Ernest Thompson and four others who have been accused of causing financial loss to the state in the SSNIT Operational Business Suite (OBS) case will commence on January 21, 2022. This was after the High Court in …

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Winner of Naa GaDangme gets car, educational scholarship and trip to USA

The over all winner of Naa Gadangme, Naa Borley from Nungua has been given a full educational scholarship, a trip to the United States of America and a new car for her to be able to successfully embark on her project for the Ga community. The first runner up who …

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