BUSINESS NEWS

The Registrar General, Jemima Oware has said that as of January 2022, only the National Identification Authority card will be accepted for the registration of businesses in the country. According to her, all other requirements such as the Tax Identification Number (TIN) from Ghana Revenue Authority will no longer be …

The Ghana Private Road Transport Union (GPRTU) has thrown its weight behind the proposal by the Association of Road Contractors to increase road tolls in the country. The Association of Road Contractors proposed an upward adjustment in road tolls to a minimum of GH¢2 for saloon cars as a bold …

The governments of Ghana and India have partnered to establish a gold refinery in the natural resource rich West African country. The aim of the refinery is to refine gold in the country and also to create jobs for the youth.   Deputy Minister of Lands and Natural Resources, Mr. …

The CEO for Tree Crop Development Authority, Mr Williams Quaitoo has stated that, minimum fix price for cashew production in 2021-2022 cashew season will be announced by the agriculture ministry in December this Year.   He said, all important factors to be considered in arriving of cashew Price have been …

Fuel prices are inching closer to GH¢7 per litre at major fuel trading stations despite assurances of price stabilisation as a result of the removal of the Price Stabilisation and Recovery Levy (PSRL). Last month, President Nana Addo Dankwa Akufo-Addo approved a request from the National Petroleum Authority (NPA) to …

131 Sunflower Hub, an entrepreneurial impact hub based in the Adentan Municipality in partnership with Ghana Tech Lab with support from World Bank, Young Africa Works,MasterCard Foundation and Ministry of Communication held its inaugural consultative engagement under the theme “The Role of Mobile Application in Transforming the Local economy for …

The government plans to establish a bank that will handle the affairs of traders, Alan Kyerematen, the Minister of Trade and Industries has said.   He said the establishment of the “Ghana Traders Bank” will change the situation where traders struggle to secure loans to grow their businesses.   Speaking …

The Ministry of Employment and Labour Relations is set to take legal action against businesses failing to enroll their employees onto the various pension schemes. According to the Sector Minister, Ignatius Baffour Awuah, many employees, after their working life, retire with no pension benefits because their employers refuse to pay …

Ghana’s Minister of Energy, Dr Mathew Opoku Prempeh has been named among Africa’s top 25 movers and shakers to watch in 2022 in driving energy sector growth and success by the African Energy Chamber (AEC).   AEC recently announced the launch of the highly anticipated ‘State of African Energy 2022’ …

The Rand Merchant Bank (RMB), a corporate and investment banking arm of the First Rand Bank Limited, has ranked Ghana sixth on this year’s ‘Where to Invest in Africa 2021’ rankings. A statement jointly signed by Mr Delali Dzidzienyo of the First National Bank Ghana and Ms Joandra Griesel of …