25 C
Accra,Ghana
Friday, October 20, 2017
The CEO of the Chamber of Bulk Oil Distributors, Senyo Hosi has brought an GHC8 million defamation suit against outspoken MP, Kennedy Agyapong. In a suit filed Tuesday, 04 July 2017, Mr Hosi is...
The President of the African Development Bank (AfDB) has commended the significant strides chalked in the management of Ghana’s economy by the 7-month old government of the President Nana Akufo-Addo. Akinwumi Adesina also congratulated the President for the clarity of his vision and direction in which the country’s economy is headed, which, according to...
There is no doubt that the banking industry plays a very formidable role in any economy and for it to thrive, it must have a robust system that is well supervised and regulated. Ghana’s banking system has gone through various transformations since the late 1980s and that includes the adoption...
The Bank of Ghana (BoG) has indicated that it is likely to announce a new minimum capital requirement for banks by September. According to the regulator, it is almost through with the required engagement with all the players in the banking industry to possibly aid the announcement. The Central Bank had...
Ghana Shippers Authority said inefficient implementation of road governance measures reducing competitiveness of Ghanaian shippers. Speaking under the theme, "opportunities and challenges of unlocking the Ecowas market", Chief Executive Officer (CEO) of the Authority, Benonita Bismark, revealed that the bottlenecks along Ghana's trade routes continue to badly affect trade ties between Ghana...
During the 2016 electioneering campaign, the NPP promised and subsequently implemented the 3% VAT Flat Rate Scheme aimed at improving tax collections. The tax is only applicable to Manufacturers and Retailers, however, the new tax regime has been met with fierce opposition from some business owners in Ghana. Manufacturers and importers...
SITA is providing its world-class passenger and baggage processing technology as well as its airport management solutions to Ghana’s new Terminal 3 at Kotoka International Airport in Accra, helping cement the airport’s position as a vital regional hub. Ghana’s largest airport is expanding its capacity to meet significant growth in...
Finance Minister Ken Ofori-Atta has indicated that banks would be given up to a year to meet the new minimum capital requirement when the recapitalisation announcement is made. The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, recently indicated that the pronouncement by the regulator could be made...
Executive Director, Mr. Kwame Asare Boakye taking participants through the strategic session Star Microinsurance Services Limited, in a bid to take its rightful position as the dominant Microinsurance Company in Ghana, has held a two days Strategic session dubbed; “Business Growth Strategies” with Management and Non-Management Staff. During this Strategic meeting,...
Vodafone Ghana has extended its fibre-to-the-home broadband service to Takoradi, the Western Region capital. This forms part of efforts to ensure its customers across the country experience the speed and benefits of the new phase of internet connectivity, the telecoms giant said in a release. The Takoradi project follows similar successful launches...