BUSINESS

Taxes on fuel: Tax to go up in budget review – Ato Forson

Former deputy Finance Minister Cassiel Ato Forson has urged Ghanaians to buckle up as government readies itself to announce an increment in the tax on fuel and talk tax in the mid-year budget review. He said an increase in the fuel tax will immediately affect the price of fuel at …

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BUDGET REVIEW: Will Finance Minister propose electricity price increase?

A close associate of the President, Asare Otchere-Darko seems to be preparing the minds of Ghanaians to a proposal to increase electricity tariffs. This comes two days prior to the Finance Minister, Ken Ofori Atta’s expected presentation in Parliament, on the mid-year budget review. “Will you rather pay a little …

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2 soldiers ‘unjustifiably’ force journalist to weed Michel Camp for one hour

Two military officers at Michel Camp military base in the Greater Accra region have allegedly abused a journalist whose assistance they had sought in resolving a misunderstanding between two trotro drivers. Mr James Harry Obeng claims he was handed a cutlass and unjustifiably made to weed a bushy area within …

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Ghana Must End The 21st Century As A Value Added Economy – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has expressed satisfaction in the operations of the titles manufacturing company in the Western Region saying their presence has tremendously enhance job creation in the area largely the country. He was addressing a gathering in Shama during a brief sod-cutting ceremony for the second phase …

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Bank of Ghana records GHS793m loss in 2018

The Bank of Ghana (BoG) last year recorded a loss of GHS793 million resulting from its operations, the bank’s 2018 Annual Report, has shown. The figure represents a more than 50 percent drop from the GHS1.6 billion the bank made in 2017 when the troubles from the banking sector were …

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Not even angels can stop cocoa smuggling in Ghana – Former Minister

Former Western Regional Minister, Dr Kwaku Afriyie says not even angels can clamp down on the smuggling of cocoa beans from Ghana to neighbouring countries. To Dr Afriyie, who himself is a cocoa farmer in Ghana and a leading member of the New Patriotic Party (NPP), though the smuggling canker …

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25 customers of Menzgold dead, others gone insane – Coalition of aggrieved customers

Chairman of the Coalition of Aggrieved Customers of Menzgold, Mr. Timothy Binob, has disclosed on Rainbow Radio 87.5Fm that 25 of their members have lost their lives as a result of their inability to retrieve their locked up cash. Speaking to Kwabena Agyapong on Frontline on Friday, the chair of …

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Scores of customers of defunct Menzgold have amassed at the premises of the Accra Circuit Court in anticipation of the trial of the Chief Executive Officer of the company, Nana Appiah Mensah, alias NAM1. NAM1 is said to have defrauded 16,000 people of GH¢1.68billion on the name of investing their …

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Ghanaian women explain why they cheat on their partners

A group of women on Twitter have revealed anonymously why they cheat on their partners. A Twitter user with handle @zubaidah_x did a poll where she wanted to find out from the ladies if they were cheating on their partners. 40% of the women said no, 11% said yes with …

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Extend gas to areas with mineral deposits – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has urged the Ghana National Gas Company (Ghana Gas) to ensure that gas transmission is extended to parts of the country with significant mineral deposits. He said when that was done, it would help develop the country’s mining sector and enhance its transformational agenda through …

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