BUSINESS NEWS

The importation of cocoa beans by the nation from neighboring nations has been an industrial practice for more than 20 years, according to the Ghana Cocoa Board (COCBOD). Afrotropic Cocoa Processing Company Limited  has been given green light to import cocoa beans in a letter signed by Joseph Boahen Aidoo, …

The New Patriotic Party (NPP) government led by President Nana Addo Dankwa Akufo-Addo has implemented several tax measures as part of its fiscal policy to enhance revenue generation These new taxes reflect the government’s commitment to achieving economic sustainability and providing essential public services. The taxes have stirred discussions and …

A countrywide protest by Organized Labor is scheduled to commence in opposition to the government’s proposed 15% Value Added Tax (VAT) on electricity. The government was given a two-week ultimatum by labor groups to remove the contentious levy; yet, the mandate to the electricity distributors still stands. Organized Labor has …

The Vice-President of Ghana and New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, is set to address the nation on Wednesday, February 7, 2024, unveiling his vision for the country in his quest to succeed his boss, President Nana Akufo-Addo in January 2025. However, the anticipation of this address is …

The government has been encouraged to abolish the emission levy by Henry Nana Boakye, popularly known as Nana B, the National Organiser of the ruling New Patriotic Party (NPP). In his opinion, there is no need to impose this kind of tax, and the Finance Minister ought to abolish it. …

The Chief Executive Officer of the Ghana Chamber Of Telecommunications, Dr. Kenneth Ashigbey, has offered explanation on what Mobile Money agents have to do to get their blocked accounts restored. He advised the Momo that these agents first go to their service providers with their Ghana cards for an account …

The Ghana Revenue Authority (GRA) has announced the commencement of the implementation of the Emissions Levy Act, 2023 (Act 1112) from Thursday, February 1, 2024. According to them, the Act will impose a levy on carbon dioxide equivalent emissions on internal combustion engine vehicles. The GRA emphasised that the move …

Di’Gari is a new and innovative food product that aims to cater to the needs of today’s fast-paced lifestyle. In a world where time is of the essence, many individuals find it challenging to spend long hours in the kitchen preparing meals. This is where Di’Gari comes in, providing a …

On Monday, January 30, 2024, the Public Accounts Committee’s sitting was thrown into disarray when what sounded like a basic question became a bone of contention. During the turn of the Ghana Revenue Authority (GRA) at the meeting, Ningo-Prampram legislator, Sam George demanded to know the year in which the …

Electronic Money Issuers (EMIS) across the country have until the end of Wednesday, January 31, 2024, to collaborate with agents to link their accounts with the Ghana Card or TIN or have their SIM cards blocked. This directive was announced by the Ghana Chamber of Telecommunications in a statement dated …