BUSINESS

The government of Ghana has reportedly suspended the implementation of the amended Customs (Amendment) Bill 2020 that bans the importation of accident and salvaged motor vehicles into the country. This was disclosed in an interview by the Ghana Institute of Freight Forwarders (GIFF) on Thursday though the government is yet …

The government of Ghana has reportedly suspended the implementation of the amended Customs (Amendment) Bill 2020 that bans the importation of accident and salvaged motor vehicles into the country. This was disclosed in an interview by the Ghana Institute of Freight Forwarders (GIFF) on Thursday though the government is yet …

Footballer Lionel Messi can register his name as a trademark after a nine-year legal battle, the EU’s top court has ruled. The European Court of Justice dismissed an appeal from Spanish cycling company Massi and the EU’s intellectual property office, EUIPO. The Barcelona footballer first applied to trademark his surname …

The coalition of former staff of Fund Management Companies whose licences were revoked is demanding their salary arrears from the Government of Ghana. In a statement signed by Theo Paintsil, the spokesperson of the group, the staff are also demanding immediate inclusion in the government bailout package to have their …

There is serious confusion within the Ghana Union of Traders Association (GUTA) over political affiliations of its leaders. The confusion, according to reports, is being created by some of the executives who have openly shown their affinity to the opposition National Democratic Congress (NDC). Information gathered indicates that, former President …

The Minority in Parliament has alleged that there is a massive collusion between government and owners of Power Distribution Services (PDS) for the reinstatement of the botched Power concession agreement. Addressing the press in parliament, minority spokesperson on Mines and Energy, Adam Mutawakilu said a recent announcement by the Information Minister, Kojo Oppong …

Vice President Dr Mahamudu Bawumia says the Akufo-Addo administration will not legalise what he describes as “risky business” of commercial motorbike aka ‘Okada’ in the country. He assured the riders of a better alternative of empowering them to purchase brand new cars assembled in the country to engage in a …

Depositors of the collapsed Microfinance companies, Savings and Loans and Finance Houses will from Wednesday, September 16, 2020, have full access to their funds. It follows the government’s resolution of the original commercial paper, also known as bond. The government on Tuesday released a total of GHS3.56 billion to settle the …

Government says it has released GH₵3.5bn as a refund to depositors of collapsed financial institutions. A statement from the Finance Ministry confirmed the government has scrapped a much criticised plan to issue a 5-year bond to the depositors at no interest. The release of the funds was expected after Vice-President …

he reduction of the Communications Services Tax (CST) to four per cent takes effect today Tuesday, September 15, 2020. Government in 2018 increased the CST charge from 6% to 9% after the finance minister announced it in the Supplementary Budget. However, almost a year after taking the decision, government under …