BUSINESS NEWS

The Ministry of Works and Housing is set to sell its low-cost houses in Tamale to willing buyers in fulfilment of what it says is Government policy. In a letter dated November 8, 2023, and signed by the Acting Chief Director of the Ministry sighted by MyNewsGh.com, the evaluation of …

In a public notice released on Thursday, December 28, 2023, the Ghana Revenue Authority (GRA) has informed the general public, particularly lotto patrons and operators, about the commencement of the implementation of a 10% withholding tax on the gross winnings from all lotteries, including lotto, betting, gaming, and other games …

The Ghana Private Road Transport Union (GPRTU) has threatened to increase transport fares by 60% in 2024 as soon as the Emission Levy Bill takes effect in January 2024. The Spokesperson of the GPRTU, Abass Imoro, made this known in an interview on JoyNews. The Emissions Levy Bill passed by …

The Driver and Vehicle Licensing Authority (DVLA) has phased out its old manual system of vehicle registration and other related services. In a statement issued on Wednesday, DVLA noted that to satisfy its goal of eliminating identity theft and false representation in providing these services, it had migrated all services …

The Ghana Online Drivers Union (GODU) is threatening a nationwide strike should stakeholders fail to engage leadership on the introduction of the Vehicle Income Tax (VIT) for ride-hailing drivers. This follows an announcement by the Ghana Revenue Authority (GRA) that ride-hailing vehicle owners will start paying the new tax effective …

The Executive Director of the Institute of Energy Security (IES), Nana Amoasi VII, has described as ‘thievery’ the Finance Ministry’s 10-year contract with Strategic Mobilisation Ghana Limited (SML). This comes after Strategic Mobilisation Ghana Limited was awarded an additional contract worth up to ¢24 million per month. The contract calls …

The Concerned Drivers Association of Ghana (C-DAG) is advocating for an 80 percent increase in transport fares ahead of the Ghana Private Road Transport Operators Union’s (GPRTU) meeting with the government. In a statement copied to MyGhanaMedia.com, it said, “We have become aware of a petition by the Ghana Private …

Workers of the Ghana Grid Company, GRIDCo are threatening there will be a return of ‘dumsor’ this Christmas if the financial status of the company is not improved with immediate effect, blaming Ghana’s distribution company, the Electricity Company of Ghana (ECG) for the difficulties the company is facing. According to …

The Office of the Special Prosecutor (OSP) has disrupted a syndicate involved in the production of substantial amount of counterfeited foreign currency. Seizures were made in two warehouses located in Accra and Tema, where a substantial amount of counterfeited forty million dollars ($40,000,000.00) was discovered concealed in steel trunks. The …

The Ministry of Foreign Affairs and Regional Integration has tabled a proposal before parliament to review the current charges for passport application from GH¢100 to GH¢644. The ministry’s proposal which represents 544% hike is presently before the Committee on Subsidiary Legislation of Parliament, for consideration. The proposal, which is currently …