BUSINESS

ICUMS generates GH¢490m in 17 days, state not losing revenue – GRA

  The newly deployed Integrated Customs Management System (ICUMS) has generated some GH¢490 million in its first 17 days of operation. This compares favorably with the average monthly revenue collections of about GH¢942 million monthly from January to May this year from the country’s entry points when the old system …

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2 Absa staff test postive for coronavirus

  Two staff of Absa Bank Ghana Limited have contracted COVID-19. In a memo, the Managing Director of absa Bank, Abena Osei-Poku, said the affected staff members have been isolated for treatment. “If you feel unwell, kindly contact functional head, who will ensure you have received the required support immediately”, …

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Government set to increase price of Cocoa this year

  The Chief Executive Officer(CEO) of Ghana Cocoa Board(Cocobod), Mr Joseph Boahene Aidoo has hinted of conclusive discussions with President Nana Akufo-Addo to increase the price of Cocoa in the coming months this year. Currently, the government buys one bag of Cocoa beans from farmers at 515.00 Ghana cedis. The …

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Coronavirus: Government urged to support informal sector

  Mr Kofi Oppong, the Manager of Cosby 1 Fashion College at Madina in Accra, has called on the government to streamline existing policy measures to support the informal sector. That, he said, would provide the private sector the needed assistance to grow and contribute to the national Gross Domestic …

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Govt Discuss Plans To Increase Cocoa Prices This Year — Cocobod CEO

    The Chief Executive Officer(CEO) of Ghana Cocoa Board(Cocobod), Mr Joseph Boahene Aidoo has hinted of a conclusive discussion with President Akufo-Addo to increase the price of Cocoa in the coming months this year. Currently, the government buys one bag of Cocoa beans from farmers at 515.00 Ghana cedis. …

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Government urged to support informal sector

    Mr Kofi Oppong, the Manager of Cosby 1 Fashion College at Madina in Accra, has called on the Government to streamline existing policy measures to support the informal sector. That, he said, would provide the private sector the needed assistance to grow and contribute to the national Gross …

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Here are the official rules for legal hair cuts, manicures, or tattoos – from tonight

  Personal care services – including hair salons – may legally open again from Friday night, after the publication of rules they must follow in the Government Gazette. The rules are immediately in force, which means more than 80 days of prohibition on such services has also ended immediately. The services …

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Banks refuse syndicated loan for COCOBOD

    Ghana Cocoa Board’s (COCOBOD) annual pre-export financing, will be raised by a club of banks as its traditional lenders; the European Bank, have declined to underwrite the risk amid the uncertainty of the coronavirus pandemic, banking sources said. The loan will back its 2020/2021 cocoa crop and is …

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State add more charges against Dr. Duffour and eight others

  The state has added to the charges against Dr Kwabena Duffour former Minister of Finance and Governor of the Bank of Ghana, and eight others for their alleged roles leading to the collapse of Unibank Limited (a commercial bank). The accused were initially facing 68 charges but those charges were increased …

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GH¢490m generated by ICUMS so far – GRA boss defends new system

Acting Commissioner-General of the Ghana Revenue Authority (GRA), Rev Ammishaddai Owusu-Amoah, has said the newly deployed Integrated Customs Management System (ICUMS) has generated some GH?490 million in its first 17 days of operation. According to him, this figure compares favourably with the average monthly revenue collections of about GH?942 million …

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