BUSINESS

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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Otumfuo gold coins hit market in 2022 at US$2,500 each

The ‘pillar of peace’ commemorative gold coin to celebrate the achievements of Asantehene Otumfuo Osei Tutu II will hit the market next year, January 2022. According to Precious Minerals Marketing Company (PMMC), the official government assayer, the gold coins are for commemorative purposes so only a limited number was minted …

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2022 budget is one of the best-ever — Osafo-Maafo

The Senior Presidential Advisor, Mr Yaw Osafo-Maafo, says the 2022 Budget is one of the best Ghana has ever produced because of its focus on youth entrepreneurship and employable skills development. He cited the infusion of the Electronic levy (E-levy) in the proposed budget towards funding entrepreneurship programmes as one …

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GRA will collect E-levy – Ministry of Finance

The Finance Ministry says all the processes for the collection of the proposed Electronic levy (e-levy) on mobile money (MoMo) transactions, inward remittances and ATM withdrawals will be done by the Ghana Revenue Authority (GRA). The Ministry, in a statement issued by the Public Relations Unit and copied to the …

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Here are steps to take to re-register your SIM, link to Ghana Card

Over 5 million SIM cards linked to GhanaCard so far, NCA Sim re-registration exercise began from October 1, 2021 Exercise to end in March 2022 Government through the National Communications Authority (NCA) in October 2021 began the SIM-re-registration exercise across the country aimed at curbing mobile fraud. According to government, …

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Pay your taxes – Otumfuo tells Ghanaians

Otumfuo Osei Tutu II has urged Ghanaians to pay their taxes He said, it is the only way govt can use for development He made this known at the launch of the commemorative gold coin Otumfuo Osei Tutu II, the Asantehene, has urged Ghanaians to pay their taxes because that …

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Ghana to receive €82.5 million from EIB for COVID-19 Health Response Plan

President Nana Addo Dankwa Akufo-Addo, has welcomed the €82.5 million support offered to Ghana by the European Investment Bank (EIB) to strengthen healthcare, provision of specialist medical equipment and medicines across Ghana under the national COVID-19 Health Response Plan. The concessional financing package, which comprises a €75 million facility from the …

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How it took Ofori-Atta four years to repay GH¢5 million UT bank loan – Amoabeng recounts

Ken Ofori-Atta defaulted on UT bank loan repayment He was not named Finance Minister at the time Prince Amoabeng writes book on the UT bank story It is important to note that Ken Ofori-Atta was not named Finance Minister as at the time events contained in the book ensued Ghanaian business mogul, …

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