BUSINESS

The International Monetary Fund (IMF) has backed African governments to use tax increments as a means of raising more revenue in order to reduce borrowing as they continue to fight the deadly pandemic. This comes on the back of the Regional Economic Outlook report – April 2021 (published by IMF), …

  Rural and Community Banks (RCBs) were established with untraded shares issued and purchased mostly by the people and businesses in the catchment areas within which they operate. People residing in the communities were encouraged to own shares in these rural banks. The shares issued by these rural banks were …

Early Days For many years, Ghana’s export sector focused on cocoa, gold, timber, bauxite, rubber and oil. However, during the 1980s and 1990s pineapple exports became an important area of activity. This was largely due to the vision of a few people, but it is also a sector that has …

  The Securities and Exchange Commission (SEC) has paid a total of GH¢1.76 billion (GH¢1,762,767,250.32) to investors who applied for both full and partial bailout programmes as of March 31, 2021. A total of 59,180 investors received the amount. It comprises GH¢994.5 million (GH¢994,502,710.52) paid to 52,264 investors under the …

Zidane is the only manager in history to win three successive European Cup/Champions League titles “You don’t win three Champions Leagues, two La Liga titles and 13 out of 14 European knockout ties if you are not a good manager, this is crazy.” When French football journalist Julien Laurens frames …

  The 17 pesewas per litre increase in fuel margins as announced weeks ago by the National Petroleum Authority (NPA) has been reduced. Effective Wednesday, May 5, 2021 prices of petroleum products at various pumps will witness a decrease of 9 pesewas per litre. A communique sighted by GhanaWeb said, this decision …

Jose Mourinho has had one previous spell in Italy – where he managed Inter Milan to Champions League success, two Serie A titles and a Coppa Italia triumph Among the different activities of his business empire, the American owner of AS Roma Dan Friedkin is also a Hollywood movie producer …

 transport fares True Drivers Union has served notice of a 40 percent increment in transport fares soon. This according to the Union is in response to the impact of the upward review of Petroleum prices by government. Petroleum consumers are expected to pay more for fuel at the pumps, following …

  The Public Relations Officer (PRO) of the Ghana Union of Traders’ Association (GUTA), Joseph Paddy has shared that it is quite expensive to run a manufacturing business in Ghana. According to him, this high cost of doing business makes it unattractive for Ghanaians to operate manufacturing industries and create …

Chief Executive Officer (CEO) of Songhai Group, Mr Hene Aku Kwarpong, has noted that although it is good news that Ghana has overtaken South African as the leading producer of gold making it number one, this development has the propensity of rather creating problems for the West African nation. He …