Business Archives - Page 48 of 59

January 23, 2024January 23, 2024

Government Procures 12 Modern Trains From Poland

Government has acquired new trains for the country's railway transportation system. The initial batch of 12 contemporary diesel powered trains is intended for operation on both regional and long-distance lines of Ghana Railways. It is anticipated to be delivered from Poland

January 23, 2024January 23, 2024

Government’s Pending Imposition Of VAT On Electricity Sparks Reactions From Public

Electricity consumers are worried about a pending imposition of close to 22 per cent VAT on residential power consumers. According to them, the new tax, coupled with the already high tariffs will further increase the burden on the taxpayers and force

January 22, 2024January 22, 2024

Govt Wants Private Sector Growth – Finance Minister Assures Chinese Businesses

The government is implementing measures aimed at providing an enabling environment for accelerated private sector growth, the Minister of Finance, Ken Ofori-Atta has said. Mr Ofori-Atta said there was a need to deliberately make the country more accommodative for private investors

January 19, 2024January 19, 2024

Jospong Group Signs MoU For Carbon Credits Development

The Jospong Group of Companies, last Tuesday, signed a memorandum of understanding (MoU) with EKI Energy Services, an Indian firm, for carbon credits development. The five-year collaboration between the two entities is to generate $ 1 billion and result in the

January 18, 2024January 18, 2024

$600m IMF Cash Will Be Advanced Towards Budget Support – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta, has revealed that the $600 million second tranche International Monetary Fund (IMF) bailout package expected next week would be used for some programmes in the 2024 Budget. The Executive Board of the IMF is hoping

January 18, 2024January 18, 2024

Disregard 20% Hike In Transport Fares – Ministry

The Ministry of Transport has asked the public to disregard reports of a purported transport fare increment nationwide. The Ghana Private Road and Transport Union (GPRTU) on Wednesday announced a 20% increment in transport fares effective 24th January, 2024. The union explained the

January 18, 2024January 18, 2024

Levy On Secondhand Clothing Mooted

As the country grapples with a severe environmental crisis due to the hazardous consequences of secondhand clothing waste, a levy has been proposed to better manage the situation. Across every part of the country, once-vibrant landscapes and communities are now under

January 17, 2024January 17, 2024

Ghana’s Economic Programme Is Beginning To Bear Fruit – IMF Boss

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that Ghana's economic policies under its programme are beginning to yield the desired outcomes. She emphasised that the policy and reform commitments outlined in Ghana's deal with the

January 17, 2024January 17, 2024

Integrated Business Establishment Survey Launched

The Ghana 2024 Integrated Business Establishment Survey (IBES) has officially been launched in Takoradi, in the Western Region. The survey is being implemented by the Ghana Statistical Service (GSS) in partnership with the Ministry of Trade and Industry, the Association of

January 16, 2024January 16, 2024

Jospong Chairman Sets Tone for Innovation and Excellence at JLC 2024

Dr. Joseph Siaw Agyepong, the Executive Chairman of the Jospong Group of Companies, has opened the 11th edition of the Jospong Leadership Conference at the Pentecost Convention Centre at Gomoah Fetteh. The event, which took place on Monday January 15, 2024,