BUSINESS

  UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has once again taken a remarkable step towards promoting sustainability and fostering Africa’s green revolution.   Following the footsteps of the Chairman of UBA Plc, the foundation has reaffirmed its commitment to environmental preservation in line …

Convener of the Individual Bondholders forum, Senyo Hosi, has announced his resignation which is to take effect from July 31, 2023. He noted he is not unable to continue serving as he may not be able to commit as much time and effort. Read his resignation below The past seven …

Moses Yidana Moses Yidana, Head of the Transfer Pricing Unit at the Ghana Revenue Authority (GRA), has revealed that the Authority is exploring the deployment of a mobile portal to enable taxpayers submit their transfer pricing (TP) documentations via mobile phones. Last year, the GRA introduced an online portal that …

    Avanti Communications (“Avanti”) has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa for the second year running.   The results, from the 20th edition of the NSR Satellite Capacity Supply & Demand Analysis reports that Avanti’s market share is now more than two times that …

Businessman, Raymond Archer, has advised the Board Chair of the Ghana Trade Fair Company, Daniel McKorley, popularly known as McDan to pray his party – New Patriotic Party – remains in power forever. According to him, while McDan continues to enjoy under this government, he should be wary of the dangers ahead should the …

Minister for Trade and Industry, Kobina Tahir Hammond, has said the Komenda Sugar Factory has become an “albatross” around the neck of the country. According to him, apart from the factory not being properly set up, the company that originally undertook the construction of the factory has returned with a demand …

Former New Patriotic Party (NPP) Second Vice Chairman for the Central Region, Mr Joe Donkor, has expressed his belief that Kennedy Agyepong will be the first businessman to be elected as Ghana’s president. According to Mr Donkor, Kennedy Agyapong, the Member of Parliament (MP) for Assin Central, will lead the …

Ghana’s current economic problems have put Ghanaians in a situation where their incomes must match up with the current inflation rate. Inflation for the month of June inched up to 42.5% from an earlier 42.2% in May. This means that the prices of goods have increased by 42.5% in June …

The business arm of Facebook parent company, Meta Business, will from August 1, 2023, impose a total of 21 percent in added taxes on personal and business-related advertisements made on the platform. An email from Meta Business said the charge is based on an order given by the Government of …

The World Bank says some 850,000 Ghanaians were pushed into poverty in 2022 because of rising prices of goods and services. The Bank said this in its latest Ghana Economic Update report titled: “Price Surge: Unravelling Inflation’s Toll on Poverty and Food Security,” launched in Accra on Wednesday. The inflationary …