BUSINESS NEWS

The President of the republic, H. E Akufo-Addo has signed into law the three new tax bills recently passed by Parliament. Information Minister. Kojo Oppong Nkrumah made this revelation on JoyNews’ The Probe.   According to him, the document has since been given to the Clerk of Parliament for the …

The National Communications Authority (NCA) has ordered telecom operators to ensure that all disconnected subscriber identity modules (SIMs) comply with the 31 March 2023 deadline and are removed from SIM card registration databases. The NCA has mandated that the SIMs that have been removed from the databases of various networks …

The Finance Minister, Ken Ofori-Atta has urged the Board of Trustees of pensions funds to allow for pension funds to be included in government’s new proposed debt restructuring offer. The Minister in a signed release explained that the new proposal is aimed at alleviating the cash constraints on the government …

Ghana’s Ministries of Agriculture and Fisheries are crucial to the growth and administration of the nation’s agriculture and fisheries industries, respectively. These two ministries are essential to Ghana’s economy since the two sectors—agriculture and fisheries—contribute significantly to the GDP of the nation and offer employment to a sizable section of …

The Minister of Finance, Kenneth Nana Yaw Ofori-Atta , says Ghana should expect an International Monetary Fund (IMF) Board approval for a programme by the close of May 2023. According to him, Ghana has made significant progress, hence the need for it to get approval as soon as possible. Addressing …

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has repeated her comment that Ghana’s economy has been negatively affected by the Russia-Ukraine war. She described Ghana as an innocent bystander that has been hit by the Covid pandemic and the war. Speaking at the ongoing IMF/World Bank …

Scancom PLC (MTN Ghana) has announced a suspension of its MTN Data Zone bundle effective April 5. In a press release on Wednesday, April 12, the mobile network apologised “to our cherished customers for limiting our communications on this matter to service activation channels only.” It explained that “The suspension …

A nine-member delegation of Members of Parliament is currently in Washington DC in the United States of America for the International Monetary Fund (IMF) and World Bank Spring meetings as the government seeks to secure a $3 billion dollar support. The delegation forms part of a team made up of …

The recent passing of three revenue bills by Parliament has sparked debate on the magnitude of taxes being imposed by the NPP government. Some have even gone to the extent of accusing the NPP of reneging on its promise recalling how t to lessen the tax burden on Ghanaians and …

THE Bank of Ghana has advised the borrowing public not to pay fees and charges on loans that were not disclosed to them prior to the signing of the agreement. The central bank said such charges were null and void and must not be bore by borrowers. In a public …