Saturday, September 19, 2020

Ghana’s GDP records 4% growth in third quarter 2016

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Ghana's Gross Domestic Product (GDP) provisional growth in the third quarter of 2016 rose by 4 percent year-on-year. The GDP which includes oil for...

We’ll cushion industries to open up private sector dev’t – Bawumia

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The Head of the Economic Management Team of the incoming Nana Akufo-Addo government, Dr. Mahammadu Bawumia has said the New Patriotic Party administration will...

Takoradi Port witness huge expansion for container handling

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The Ghana Ports and Harbours Authority (GPHA) has entered into a joint venture agreement with Ibistek Crowley for the construction of a 7500TU off-dock...

Annual Returns & updates: Defaulting business operators to pay GHC 300 monthly – RGD

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The Registrar General’s Department (RGD) has served notice to make the names of all business operators inactive from their database should they fail to...

Parliament approves $255m tax incentives for Karpower

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Parliament has granted a request tabled before it by the Finance Ministry to waive import duties and other taxes amounting to US$255,081,814.00. on project...

Shippers oppose draft container weighing regulation

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Importers and exporters in the country have kicked against a draft regulation by the Ghana Maritime Authority (GMA), which will introduce new measures for...

Coca Cola buys African bottling from AB InBev for $3.15 billion

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Anheuser-Busch InBev (ABI.BR) has agreed to sell its majority stake in Africa's largest Coke bottler to the Coca Cola Company (KO.N) for $3.15 billion,...

Election year deficit blues…Terkper misses mark by 2%

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After trying so hard to hem in election-year budget overruns, Finance Minister, Seth Terkper, has conceded that this year’s projected budget deficit of 5.1...

Sanction OMCs failing to adjust prices independently – COPEC-GH to NPA

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The Chamber of Petroleum Consumers(COPEC-GH) has called on the National Petroleum Authority to apply the necessary sanctions to OMCs and service stations that do not independently...

Airfare tax begs Akufo-Addo’s attention…as domestic passenger numbers tumble

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Amongst the plethora of taxes described by the Vice President-elect, Dr. Mahamudu Bawumia, as ‘nuisance taxes’ is the 17.5 percent Value Added Tax (VAT)...