BUSINESS

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 …

11 million jobs can be created if the E-levy is implemented. The levy has proven divisive among MPs and unpopular to most Ghanaians Government has hinted that it would step down the current 1.75% rate Finance Minister Ken Ofori-Atta has disclosed one of the main uses to which revenue from …

The Coalition of Commercial Transport Operators has directed all commercial transport operators to embark on a sit-down strike from Monday, December 6th to back home their demand for government to remove five taxes contained in the 2022 budget. The five taxes and levies are- the Price Stabilization and Recovery Levy, …

Energy experts are asking the Public Utilities Regulatory Commission (PURC) to factor the cost of excess capacity accrued to the energy sector into the computation of power tariffs. This, according to them, would help ease the burden of government in off-setting the about US$7.5 billion energy sector debt. Based on …

Statistics South Africa has published its latest data on government spending, and the key sectors where taxpayer money is used. The data shows that government spending flirted with the R2 trillion mark in the 2019/20 financial year, representing a 10% rise from the R1.79 trillion recorded in 2018/19. ‘General government’ …

Decrease in stock prices due to low demand Value of listed companies on GSE declined in 2020, BoG Investors offload their assets in haste over COVID-19 fears The Financial Stability Review of the Bank of Ghana has revealed that the value of listed companies on the Ghana Stock Exchange (GSE) recorded a decline in …

Cocoa farmers say they have been treated unfairly by COCOBOD Address issues regarding our pensions immediately, farmers to COCOBOD 60% of cocoa farmers in Ghana are poor, Research Members of the Ghana National Cocoa Farmers Association (GNACOFA) boycotted this year’s farmers’ day celebration following what they described as the Ghana …

Otumfuo to launch gold coins Gold Coins not for legal transactions Commemorative gold coins to be auctioned, sold, Report The Asantehene, Otumfuo Osei Tutu II, is set to officially launch his Commemorative Gold Coins on December 12, 2021. According to reports, the Commemorative Gold Coins is a fitting memorial in honour …