BUSINESS

The Bank of Ghana has expressed its frustration over the slow pace of work by the two receivers appointed in the aftermath of seven banks collapsing over the last two years. Speaking in an interview on the sidelines of IMF/World Bank Spring Meetings in Washington, DC, Dr. Ernest Addison said …

Former President John Mahama has said he will scrap the luxury car tax imposed by the Akufo-Addo government, should he win the 2020 general elections. The “ill-conceived” tax, he said, has brought untold hardship to commercial drivers and their business, thus, his aim to let it go. During his pre-Easter …

Eight out of the 10 persons arrested after a failed takeover of the Kintampo waterfalls have been remanded into prison custody by a District Magistrate Court in Sunyani. They are to reappear before the court presided over His Worship Fred Obikyere on 25th April 2019. The eight persons were arrested …

The Ghana Revenue Authority (GRA) has announced a digital tax filing platform that will now allow Ghanaians to file their tax returns online with the Authority’s new app, Integrated Tax Application Preparation System (iTaPS). Speaking on Asempa FM’s Ekosiisen programme, Wednesday, the Principal Revenue Officer at GRA, Mr Alex Oppong-Poku explained that the …

The Speaker of Parliament, Prof. Aaron Mike Oquaye has directed that the house comes back on the April 29, 2019, to consider the passage of the vigilantism bill. The vigilantism and other related offences bill, 2019 Will be taken through a certificate of urgency as determined by the committee on …

Senior Minister Yaw Osafo Maafo has inaugurated the newly-constituted 10-member board of the Microfinance and Small Loans Centre (MASLOC). It is chaired by Mr Seth Adjei Baah. The members include Mr Stephen Amoah, Chief Executive Officer of the Centre; Philomena Okyere, Susana Delali Akosua Kudjoe, and Dr Michael Asante. The …

About 1,000 Ghana National Fire Service (GNFS) trainees have been asked to go home until further notice. The trainees, made up of recruits and cadet, were due to go through the final phase of their training at the Fire Academy and Training School in Accra when the directive was issued …

The Bank of Ghana (BoG) is expected to issue upgraded banknotes into circulation on May 6, 2019. The upgraded banknotes will have enhanced security features in line with evolving changes in technological landscape, according to the BoG. The bank additionally said in a statement that the upgraded banknotes also come …

The Association of Lotto Marketing Companies (ALMC) which constitute the direct sales force and main backbone of the National Lottery Authority (NLA) has petitioned President Akufo-Addo, Vice-President Dr. Bawumia, the Ministry of Finance, the Board Chairman and Director-General of the National Lottery Authority (NLA) to assist members of the Association …

The ruling New Patriotic Party (NPP) has described as a game changer, the policy by the Akufo-Addo government to reduce benchmark values of imported goods and auto vehicles by 50% and 30% respectively. Addressing a news conference on Sunday, 7th April, 2019 at the party’s headquarters in Accra, the General …