BUSINESS

Ernest Norgbey has apologised for his action He said, he takes full responsibility for his actions He apologised on Joy FM Ernest Norgbey, MP, Ashaiman, has regretted his actions of seizing the chair of the Speaker of Parliament when chaos erupted in the Chamber on Wednesday, December 1, 2021. He …

A Financial Analyst and Chief Operations Officer at Dalex Finance, Mr Joe Jackson, has said the government needs to increase the tax revenue. Mr Jackson said the introduction of the E-levy is meant to generate revenue for government expenditure as part of the move to widen the tax net. “Ghana …

A task force from the Electricity Company of Ghana (ECG) has cut electricity supply to the Tema Oil Refinery (TOR) for its failure to pay its bills. According to the energy distributor, TOR’s current debt is about ¢27 million cedis, hence disconnecting them. ECG says it has been working tirelessly …

Tamale Central Lawmaker, Ibrahim Murtala Muhammed, has said that as far as the Minority is concerned, the 2022 budget statement remains rejected. For the budget to be accepted, he said, the Minister of Finance would have to relay the entire document in Parliament with the changes duly reflected. “As far as we …

The Electricity Company of Ghana, ECG, has closed down its Krobo District office in Somanya following a protest by some residents within the Yilo Krobo and Lower Manya Krobo Municipalities. The closure took effect from December 1, according to a statement from the ECG in response to the protest. The …

Ghana’s leading indigenous oil marketing company, GOIL Company Ltd, has announced a further 15 pesewas reduction in fuel prices at all its retail outlets across the country effective December 7, 2021. This means that a litre of Super XP (Petrol) and Diesel XP will both sell at GHC6.70 from the …

The National Identification Authority on Monday, December 2021 took delivery of 18 Oman Ma pickup vehicles from the Kantanka Automobile Company. The presentation of the 18 vehicles the first batch 85 cars being manufactured by the Ghanaian automobile firm for the NIA. At a brief handing over ceremony, the Corporate …

Coffin Makers at Asafo Labour in the Kumasi Metropolis have threatened to fight officials of KMA with coffin over what they described as “forcibly ejection” by the authority.   The Coffin Makers who marched in their numbers to the premises of OTEC FM on Monday December 6, 2021 to protest …

Ghana has announced some tax incentives to 29 Belgian investors exploring business opportunities in the country. The Deputy Minister of Trade and Industry, Mr Herbert Krapa, in a keynote address at an information session on Business Opportunities in Ghana, said the incentives include renewable corporate tax holiday of five years …

Finance Minister Ken Ofori-Atta has rubbished reports that the proposed 1.75% e-levy has been reduced to 1%. He said government is yet to reach an agreement with the Minority Caucus on the controversial levy that has dominated the discussion in the media. There were claims by Deputy Majority Leader Alexander …