BUSINESS

The Volta Region-based Homeland Study Group Foundation (HSGF), which is agitating for the restoration of the Western Togoland as an independent state, says it is not perturbed by the arrest of its chairman and seven other leaders by police. The Foundation warned that whatever they had planned to carry out …

The total assets accruing to the Energy Sector Levy Act (ESLA PLC) increased by 2.5% for the first quarter of 2019 compared to the same period in 2018. According to the unaudited financial statement of ESLA PLC, the figure increased from 5.76 to 5.9 billion cedis for the period spanning …

The International Monetary Fund (IMF) has warned that Ghana could face revenue shortfall if the country starts the implementation of the African Continental Free Trade Agreement(CFTA) this year. The IMF maintains that although the agreement will boost trade on the continent, it will affect earnings and employment opportunities in some …

The Municipal Chief Executive (MCE) for the Suame Municipal Assembly in the Ashanti region, Hon. Dr. John Osei Bobie, has explained that the statue erected at the Kumasi Kejetia Market represents the true image of Asantehene, Otumfuo Osei Tutu II, depending on the angle one views from, as criticized by …

The Bank of Ghana (BoG) will today begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes. According to the Bank of Ghana, both the old and the new notes will be used concurrently until the old ones are phased out. New features on the new notes include a …

As President Akufo-Addo sacks over 60-year Olds from government, the Deputy Managing Director (MD) of GCB-Bank in-charge of operations, Samuel Amankwah, has been caught in an age-cheating scandal, affording him extra years to remain at post, at a time he is supposed to have retired. Documents available to The Herald, …

Member of Parliament (MP) for Bolgatanga Central Constituency, Hon Isaac Adongo has described as a complete waste of taxpayers’ money by government to construct Dams under one of its much touted initiatives called One-Village One-Dam. Government has embarked on the construction of dams in communities in the northern part of …

The Ghana Revenue Authority (GRA) has called on businessmen and women to regularly file their tax returns. Speaking at a roundtable discussion with the Ghana Electrical Dealers Association in Accra, the Commissioner-General of the Ghana Revenue Authority Mr. Emmanuel Kofi Nti said: “It is time we improved on our tax …

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 …