BUSINESS NEWS

The Acting Public Affairs Manager of Social Security and National Insurance Trust (SSNIT), Charles Akwei Garshong, has decried the practice whereby some workers decide to change their date of birth when they attain the retirement age. Article 119, Clause 1 of the 1992 Constitution states that “a public officer shall, …

Consumers may have to pay an increase of about eight to twelve percent from February for some commodities should the Ghana Revenue Authority (GRA) implement the amended Value Added Tax (VAT) rate. This is according to the Importers and Exporters Association of Ghana (IEAG). The association says, the amendment, which …

The International Monetary Fund (IMF), says it is ready to support Ghana in any way deemed useful by the country’s leaders amidst its economic challenges. It says Ghanaian authorities have not contacted it for any form of assistance yet. In a statement published on Twitter by IMF’s Ghana country representative, …

The Governor of the Bank of Ghana (BoG) Dr. Ernest Addison, has explained why Ghana’s public sector debt increased to 78.4 percent of Gross Domestic Product (GDP), GH¢344.5 billion, at the end of November 2021, compared with 76 percent of GDP, GH¢291.6 billion at the end of December 2020.   …

Ghana National Cocoa Farmers Association(GNACOFA) have shared their thoughts concerning payment monies after selling their Cocoa.   Over Five Hundred Thousand (500,000) Cocoa Farmers team up to form (GNACOFA).       According to them, payment through an electronic means like Mobile Money (momo) is a cheat and a way …

The National Identification Authority (NIA) has distanced itself from the actions of the National Communications Authority (NCA) regarding the new Ghana Card SIM card Registration policy for all patrons of telcos in Ghana.     In a three-page press release, NIA questions the credibility of the NCA’s robust SIM management …

The central bank has directed all financial institutions to only accept Ghana Cards for all transactions. The Bank of Ghana (BoG) explained that this order takes effect from July 1, 2022.   This is pursuant to Regulation 7 of the National Identity Register, 2012 (L.I. 2111).   “…with effect from …

This year’s Business and Leadership summit has been scheduled on 19th February,2022 at the Accra Technical University The event is organized by Smivic Leadership Arena, a subsidiary of Smivic Communications Limited.  every year, is to motivate and empower the youth and teach them on how to build their business ideas …

This year’s Business and Leadership summit has been scheduled on 19th February,2022 at the Accra Technical University The event is organized by Smivic Leadership Arena, a subsidiary of Smivic Communications Limited.  every year, is to motivate and empower the youth and teach them on how to build their business ideas …

The Ministry for Finance says the country does not face any imminent external imbalances or reserves shortfall. According to the Ministry, the country’s reserves, at over five times import cover, is well above its internal target of four months and better than the average over the previous two decades. Foreign …