Business Archives - Page 32 of 47

February 12, 2024February 12, 2024

Spare Parts Dealers Go Gaga Over Bawumia’s Flat Rate Tax Proposal

The Abossey Okai Spare Parts Dealers Association has expressed its appreciation for the visionary proposal put forth by Dr. Mahamadu Bawumia, the New Patriotic Party’s (NPP) presidential candidate, Dr. Mahamadu Bawumia to implement a flat rate tax on the importation of

February 9, 2024February 9, 2024

First National Bank Announces Partnership With MTN MoMo

First National Bank Ghana has announced a strategic partnership with Mobile Money Limited to offer MoMo services across all channels. This partnership aligns with the bank’s refreshed brand and our commitment to providing helpful, easy and safe banking to Ghanaians. The

February 8, 2024February 8, 2024

Government Suspends 15% VAT On Electricity

The Ministry of Finance has directed the Electricity Company of Ghana, Ltd (ECG) and the Northern Electricity Distribution Company (NEDCO) to suspend the implementation of 15% VAT on electricity directive. Organised Labour has scheduled next Tuesday (13 February) to embark on a demonstration

February 7, 2024February 7, 2024

Independent Power Generators Kick Against Emissions Levy

The Independent Power Generators, Ghana (IPGG) has indicated the implementation of the Emissions Levy may spike up the prices of power because it exerts a levy of GH¢100 per tonne on carbon dioxide equivalent emissions from producers. Chief Executive Officer of

February 7, 2024February 7, 2024

EU Must Relook Crop Imports Policy – GARDJA

The European Union (EU) must relook at its policies on cash crop imports from the developing world, the Ghana Agriculture and Rural Development Journalists Association has said. A new law that penalizes commodity trading companies for importing goods including cocoa, coffee,

February 6, 2024February 6, 2024

Businesses Are Being Over-Taxed – GUTA President

The president of the Ghana Union of Traders' Association (GUTA) says businesses in Ghana are being overtaxed. Dr Joseph Obeng speaking on Joy News' AM Show on Monday, February 5, said this is hurting their ability to compete and grow in

February 5, 2024February 5, 2024

Only 14% Of Working Ghanaians Satisfied With Financial Situation – Report

Only 14% of working Ghanaians are very satisfied with their financial situation. According to the 2023 Old Mutual Financial Services Monitor, the informal sector and local income earners in Ghana are the most financially stressed. While 68.0% of those financially stressed

February 5, 2024February 5, 2024

Burkina Faso, Niger, Mali To Decide Fate Of Ghanaian Traders Following ECOWAS ‘Exit’

There’s a looming diplomatic row as Burkina Faso’s Military leader Ibrahim Traoré has disclosed that his country will consult Mali and Niger to take a final decision on whether to allow Ghanaian traders and other West African nationals to do business

February 5, 2024February 5, 2024

Anglo-Gold Ashanti Is Functioning—-Sustainability Manager Confirms.

Sustainability Manager at Anglo-Gold Ashanti (AGA), Mr Emmanuel Massey says the mining company was in operation and functioning at optimal levels. He noted that currently, the mine has between 2000 and 2, 500 workers who were offering direct and support services.

February 5, 2024February 5, 2024

Emissions Levy, VAT On Electricity Will Affect Businesses – GUTA

The Ghana Union of Traders Association (GUTA) has voiced its opposition to the proposed implementation of Value Added Tax (VAT) on electricity charges and the imposition of an emission levy. The association argues that these measures will have severe adverse economic