Business Archives - Page 33 of 47

February 2, 2024February 2, 2024

ECG Goes After Defaulting Customers In “Operation No Free Consumption”

The Electricity Company of Ghana (ECG) has launched a two-week exercise across the country, dubbed “Operation No Free Consumption”. ECG staff will update customer details during the exercise, collect any arrears and disconnect customers who owe the company. ECG will use the Zeus mobile device to record details of all

February 1, 2024February 1, 2024

Emission Levy Takes Effect Today, Feb. 1

Today, February 1, 2024, newly enacted Emissions Levy Act, 2023 (Act 1112) comes into effect in Ghana. This new legislation imposes a levy on carbon dioxide equivalent emissions on vehicles with internal combustion engines.The Ghana Revenue Authority (GRA) has announced that

February 1, 2024February 1, 2024

Labour Commission Will Be Overwhelmed With Strikes, Says Gamey

Austin Gamey, a labour consultant, has said the strike initiated by the Tertiary Education Workers Union of Ghana (TEWU) might be the first of many unions to initiate strikes this year. The TEWUG, in solidarity with the Ghana Association of University Administrators, the

February 1, 2024February 1, 2024

Banks Can Do More For Economy – Akufo-Addo

President Nana Akufo-Addo has urged banks and other financial institutions to support government’s efforts to boost the economy and support local businesses through providing affordable long-term credit. “The major challenge to local businesses in our space remains access to capital, largely

February 1, 2024February 1, 2024

NPA Revises Mode Of LPG Importation To Reduce Cost

The National Petroleum Authority (NPA) has successfully held the maiden Open Competitive Tender for LPG imports into the country. The winning tenderer submitted the lowest premium of USD30.39/MT for the four lots that were tendered for the period March to June 2024. This

January 31, 2024January 31, 2024

COVID-19 Presented Greatest Risk To MTN’s Business – Adadevoh

The outgoing Chief Executive Officer of MTN Ghana, Selorm Adadevoh, has disclosed that the COVID-19 pandemic represented the most substantial risk to the telecommunications giant’s business throughout his tenure. Speaking at an event titled ‘Time with Selorm’ held at the MTN

January 31, 2024January 31, 2024

24-Hour Economy To Thrive On Accelerated Export – John Mahama

Former president, John Dramani Mahama, has said he will initiate an Accelerated Export Development Programme as part of the 24-hour Economy Policy implementation when voted into power. He explained that the programme will be coordinated from the presidency in order to

January 31, 2024January 31, 2024

Government To Engage Organised Labour On 15 % VAT On Electricity

The government will in the coming weeks hold “extensive dialogue” with Organised Labour and other key stakeholders to ensure buy-in for the introduction of 15% Value Added Tax (VAT) on electricity. This followed agitation by stakeholder groups including the Labour Unions over the

January 31, 2024January 31, 2024

Mobile Money Agents Without Ghana Card Linkage To Be Blocked 1 February

Electronic Money Issuers (EMIs) nationwide have been given until the close of business on Wednesday, January 31, 2024, to coordinate with agents for the linking of their accounts with either the Ghana Card or Tax Identification Number (TIN). Failure to comply

January 31, 2024January 31, 2024

GRA Boss Has No Contract, Declare Him Persona Non Grata – Sam George To Parliament

The Member of Parliament for Ningo Prampram, Sam George, is calling on Parliament to declare the Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Owusu-Amoah, persona non grata. He argues that since October 2021, the GRA boss has not