BUSINESS NEWS

The executive director of the Centre for Democratic Development (CDD-Ghana) Prof H Kwasi Prempeh has suggested to African governments to subject churches to the payment of income tax. His call comes after the number of victims of a suspected starvation cult rose to at least 89 after more bodies were …

President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng has informed Ghanaians to brace themselves for a hike in prices of selected goods on the market following government’s implementation of the Excise Duty and Income Tax Amendment Acts. Dr Obeng pointed out that since businesses operate hand-in-hand …

The President of the  Republic , Nana Addo Dankwa Akufo-Addo has given the Ghana National Gas Company Limited (Ghana Gas) the green light to acquire the Ghana Cylinder Manufacturing Company. The acquisition of the company will help it acquire the necessary resources to run efficiently. This was captured in a …

Further analysis of the Domestic Debt Restructuring indicate that the 23 banks operating in this country will lose additional ¢6.1 billion, due to reduced coupon rate and the extension of the maturity period from five to 15 years. According to the liquidity gap analysis by Dr. Richmond Atuahene and K …

The Minister for Energy and the Member of Parliament (MP) for the Manhyia South constituency in the Ashanti Region, Dr. Matthew Opoku Prempeh, has been dared to get the Managing Director of Tema Oil Refinery (TOR), Jerry Kofi Hinson, dismissed if it is true that US$2.5 million worth of condensate …

Individual Bondholders’ Association of Ghana (IBHAG) is not enthused about happenings amid the deliberations regarding government’s Domestic Debt Exchange Programme (DDEP). The Association has, on the back of this, recused itself from the Technical Committee superintending discussions over the debt restructuring. He says the discussions so far appear not to …

His Lordship Yonny Kulendi of the Supreme Court of Ghana has bemoaned the challenges facing public servants in Ghana. In a recent speech, he highlighted the pressure that comes with being a public servant explaining that people in the community assume holding a big position in government automatically meant one …

The Electricity Company of Ghana (ECG) has revealed that they would undertake planned maintenance on Sunday, April 23. The company indicated that the maintenance works are expected to improve their service delivery. In a press release, ECG indicated that some parts of Accra will have their lights taken off while …

The Minister of Energy and also a Member of the Parliament for Manhyia South Constituency in the Ashanti Region, Dr. Matthew Opoku Prempeh, has disclosed that some $2.5 million worth of crude condensate has gone missing at the Tema Oil Refinery (TOR). The Minister explains that his outfit secured a …

National Service Scheme is mandated to deploy a pool of skilled manpower drawn primarily from tertiary institutions to support the development efforts of both the public and private sectors in Ghana. As it is mandated by the constitution of Ghana that graduands from tertiary institutions are to serve the country …