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BUSINESS

EOCO boss K.K Amoah sacked

Executive Director of anti-graft agency, the Economic and Organised Crime Office (EOCO), ACP K.K Amoah, has been removed from office. Myjoyonline.com sources in government say he has been replaced by DCOP Adusei Poku. ACP Amoah has since been ordered to hand over to DCOP on Thursday, February 28, the sources …

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EPA revokes license of Chinese fish farm in Asutsuare

The Environmental Protection Agency (EPA) has revoked the environmental permit for China Fujian Fishing Limited Facility located at Asutsuare in the Greater Accra Region. The EPA, in a statement, said the move is in accordance with Regulation 26 of the Environmental Assessment Regulations 1999 (LI 1652). “Investigations conducted by the …

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Petroleum slows producer inflation to 3.4% in January

The consistent drop in prices in the petroleum subsector has influenced the overall decrease in the average change in the prices received by domestic producers for the production of their goods and services. The inflation rate for the petroleum subsector declined consistently to record 3.8 percent in January 2019, after …

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Be wary of ‘abnormal’ interest rates – GRA boss

The Commissioner-General of the Ghana Revenue Authority (GRA) has urged the public to be wary of investment plans, which promise more than three per cent monthly returns because they are abnormal. Emmanuel Kofi Nti said as a former Bank Examiner and with his background in the financial sector, there was …

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Government targets effective labour regime

Government is preparing to sign a social partnership agreement with members of the National Tripartite Committee (NTC) and key stakeholders in the labour sector to consolidate relations between the various social partners in the post International Monetary Fund (IMF) era expected to begin April 2019. The members include organized labour …

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Tax exemption policy threatening fiscal stability – Akufo-Addo

President Akufo-Addo has admitted that Ghana’s tax exemption policy is gradually becoming a menace to the country’s fiscal stability and revenue generation ambitions. Speaking on tax exemptions at the State of the Nation Address in Accra yesterday, the President indicated: “Revenue mobilization poses the biggest challenge in the management of …

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