BUSINESS

Board Chairman of the Ghana Revenue Authority, Prof Stephen Adei has revealed plans to reward whistle-blowers. According to him, the GRA plans to revive an old practice where persons who expose tax defaulters are given a portion of the money when it is retrieved. “When you evade tax, there’s a …

The Ghana Revenue Authority (GRA) has locked up Pasico Ghana for nonpayment of taxes. The company is known to be the best producer of aluminum frames and Louvre blades; the most popular is the Pasiguard security grills. It also deals the selling and hiring of lifting equipment and building materials. …

The MTN Ghana Foundation has called for a relook at Math and Science education in Ghana. The foundation is calling for more innovative ways of teaching Math and Science to make it understandable and practical to Ghanaian students. The call was made Wednesday when the MTN Ghana Foundation donated special …

Tenants at the Accra Mall will temporarily close down their shops on Thursday, October 24, to express their objection to what they say is difficult conditions at the mall. The shop owners are asking among other demands a reduction in their rent charges and also an improvement in promotions to …

The Electricity Company of Ghana has announced it has taken full control of power distribution as it terminates its contract with Power Distribution Services (PDS). Consequently, all activities which were hitherto undertaken by PDS have reverted to ECG. In a statement announcing the takeover, ECG said all stakeholders and customers …

The government’s decision to abrogate the power concession agreement with Power Distribution Services (PDS) has elicited strong reactions from some energy sector think tanks and political actors. The Institute of Energy Security (IES) and the biggest opposition party, the National Democratic Congress (NDC), have welcomed the cancellation of the “stinky” …

It has emerged that the Millennium Challenge Corporation (MCC) asked the Ghana government, through the Finance Minister, to reinstate PDS to their original position as managers of Ghana’s power sector before the contract was terminated by Ghana. A letter from MCC to the finance minister sighted by Starr News said …

All commercial omnibuses which do not provide emergency exit doors in compliance with the directive by the Driver and Vehicle Licensing Authority (DVLA) would not be registered for operations in the country. The DVLA has asked drivers and owners of these buses to create exit routes for their vehicles for …

The contract between Power Distribution Services (PDS) and the government of Ghana has been terminated, government sources have disclosed. The decision was at the instance of the government of Ghana, a source noted. Sources in government say US government officials supervising the arrangement between PDS and Ghana wanted the deal …

The Producer Price Index (PPI) has dropped to 9.7% for September from that of August which was 10.2%. Producer Price Index (PPI) for September 2019 dropped to 9.7% from the August figure of 10.2%. The PPI is the system that measures the average change over time in the prices received …