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BUSINESS NEWS

Former Tollbooth Workers Petition President Akufo-Addo; Demand Reintroduction Of Toll Collection

Toll collectors who lost their jobs due to the government’s decision to stop collecting road tolls across the country are asking the government to reintroduce the tolls. They say reversing the decision will help them regain their jobs.   The collectors, under the Ghana Toll Workers Union, made this known …

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Government Still Needs E-levy Despite IMF – Prof. Quartey

Director of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Professor Peter Quartey, has asked the government to consider reviewing the e-levy rate downgrades as a way of making it easier for more people to pay.   He said this when asked whether the …

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President Akufo-Addo Directs Finance Minister To Engage IMF For Economic Support

President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for economic support, MyGhanaMedia.com can authoritatively confirm. A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 indicated that there had already been a conversation between the …

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Why Must Africa Go Hungry And Depend On Imports For Survival? – Eugene Osei-Tutu Writes

According to Luc Christiaensen, a lead Agriculture Economist with the World Bank, Africa’s food import bill has more than tripled, reaching about US$35 billion a year. Perusing the article further, one notices that much of this imported food could be produced locally, creating much-needed jobs for the bulge population of …

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Don’t Link Your Ghana Card To Your Bank Account Via Social Media Link – BoG Warns Public

The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, has warned the general public against linking their Ghana cards to their bank accounts through links sent via social media. According to him, no bank has put it out there that clients can link their Ghana cards …

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E-levy Will Not Be Charged On Registered Mobile Money Merchant SIMs – GRA Clarifies

The Ghana Revenue Authority (GRA) has written to clarify misleading reports on social media which claim that starting July 1, merchant SIMs will be charged the E-levy. According to the GRA, per the legal framework governing the operation of the e-levy – Electronic Transfer Levy Act, 2022 (Act 1075) – …

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GACL Obtained PPA’s Approval Before Frontiers Healthcare Contract – Transport Minister

Transport Minister, Kwaku Ofori Asiamah has told Parliament that the Ghana Airports Company Limited (GACL) did not breach the Public Procurement Authority (PPA) laws in the award of a contract to Frontiers Healthcare Services Limited to test for Covid-19 at the Kotoka International Airport. Under the agreement, Frontier Healthcare Services …

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PURC : Announcement Of New Utility Tariffs Moved To July 15

The Public Utilities Regulatory Commission (PURC) says the date for announcing the new utility tariffs has been moved from July 1 to July 15, 2022. “This was necessitated as a result of the broadening of the tariff consultation process to solicit for more independent views; ensure independent verification of submitted …

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