BUSINESS

Mr. Patrick Antwi, the Regional Manager of Public Utilities Regulatory Commission (PURC), Sunyani Regional office, said they are closely monitoring the various utility service providers to make sure the implementation of the relief package announced by the President is being carried out smoothly. He said the Sunyani Regional Office with …

On a daily bases, the New Patriotic Party (NPP)-led government suffers a growing public condemnation from groups and individuals whose businesses have been affected by the continuous incompetence of the Ghana Link/UNIPASS-ICUMS platform that has disrupted trade facilitation and revenue generation. The proven avenue for revenue loss caused by the new system, …

The country registered 82 more COVID-19 related deaths on Tuesday, bringing the death toll to 1 162. Out of the 82 people who died, 61 are from the Western Cape, 11 from the Eastern Cape and 10 from Gauteng. South Africa’s COVID-19 mortality rate is at 2.2%, while those who are …

A total of GH¢306 million has been spent by the Central Bank to print money in 2019 including the new notes of GH¢100 and GH¢200. From GH¢147million spent in 2018, the jump, which represents an increment of 108%, is attributed to the new notes. According to the Bank of Ghana’s 2019 …

A tax expert and the Fiscal Policy Lead at Oxfam Ghana, Dr. Alex Ampaabeng is calling on the Akufo-Addo-led government to re-introduce the Luxury Vehicles Tax which was abolished in 2019 few months after its introduction amidst criticisms. Ghana’s overall fiscal deficit for the year 2020 is expected to increase …

The government of Ghana is seeking to borrow GH¢17.8 billion between May and August 2020. According to the Issuance Calendar, GH¢15.8 billion is to rollover or settle maturities and the remaining GH¢2.03 billion is a fresh issuance to finance government projects. The 91-Day Treasury bill dominates the issuance calendar with …

IMANI boss Franklin Cudjoe has described as absurd plans by the Communications Ministry to cut the ‘monopoly’ of MTN in the communications industry. According to him, the move is akin to being penalised for being too good in class. A statement by the government and signed by the sector Minister, …

Telecommunications giant, Mobile Telephone Network (MTN), has responded to media reports on the National Communications Authority’s (NCA) decision to implement some specific policies to ensure a level-playing field for all network operators within the telecommunications industry. The new policies, according to the reports, are due to MTN’s huge market share …

Mpumalanga has recorded its first death as the number of COVID-19 infections increased by 2 312 to 48 285. Meanwhile, in the Western Cape, 45 people succumbed to the COVID-19 related disease, bringing the death toll to 998 as of Sunday. “We extend our condolences to the loved ones of the …

Relevant stakeholders in the trade facilitation chain at the Tema Ports are frustrated as they continuously point out the evident lapses in the Ghana Link/UNIPASS-ICUMS system and the increasing nature of it that has disrupted the ease of doing business and resultant revenue loss to the state. Importers are up …