Business News
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Government has not contracted any private company, GRA will collect E-Levy – Finance Ministry
The Finance Ministry has dispelled claims that a private company has been awarded a contract to collect funds generated from the much-debated electronic transaction levy (E-levy). In a statement issued on Monday, the Ministry clarified that the Ghana Revenue Authority (GRA), as a state agency is the only institution going to provide the collection...[READ MORE]
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Access Bank lauds Asantehene for his commitment to Ghana’s peace and dev’t
Access Bank Ghana Plc, has lauded His Royal Majesty Otumfuo Osei Tutu II for his commitment to Ghana’s peace since ascending the throne two decades ago. Speaking at the launch of the Commemorative Gold Coins in honour of Otumfuo’s standing legacy of upholding peace in Ghana, Board Chairman of Access Bank Mr....[READ MORE]
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Otumfuo gold coins hit market next year at$ 2,500 apiece
The ‘pillar of peace’ commemorative gold coin to celebrate the achievements of Asantehene Otumfuo Osei Tutu II will hit the market next year, January 2022. According to Precious Minerals Marketing Company (PMMC), the official government assayer, the gold coins are for commemorative purposes so only a limited number was minted for sale. The...[READ MORE]
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Paris appeals court slashes UBS tax evasion fine to €1.8 billion
A Paris appeals court on Monday slashed the penalty UBS must pay for allegedly helping wealthy clients in France evade taxes to €1.8-billion ($2-billion), but upheld that the Swiss bank was guilty of both promoting illegal banking services and money laundering. The revised...[READ MORE]
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MiDigiworld to scale up skill development
Eyes ?100 crore in sales this fiscal, eyes a million student registrations in a year MiDigiworld, a live interactive e-learning platform for upscaling skills and hobbies, is planning to increase its user base in tier 2 and 3 cities across the country. The ed-tech platform is...[READ MORE]
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Banking sector has been significantly transformed – Addison
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has indicated that Ghana’s banking sector has been significantly transformed following recapitalization and comprehensive regulatory reforms. As if by some divine design, he said the reforms repositioned banks with...[READ MORE]
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Bank of Africa wins the 2021 most diverse and inclusive financial institution of the year
Bank of Africa was awarded for Contributing to Diversity and Inclusion, at the First Ghana Women in Finance and Investment Awards 2021 which took place on Saturday 11th December, 2021 at the Alisa Hotel. The summit and awards event which was organized by Chartered Global Investment Analyst (CGIA) in collaboration with the Women...[READ MORE]
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Ghana and Luxembourg sign bilateral Air Services, Double Taxation agreements
On Monday 13 December 2021, the President of Ghana, Nana Addo Dankwa Akufo-Addo, accompanied by Ghana's Minister of Transport, Kwaku Ofori Asiamah, and Minister of Finance, Ken Ofori-Atta, undertook a working visit to Luxembourg. In the early morning, the Ghanaian President was received in audience by His Royal Highness the Grand Duke of Luxembourg at the...[READ MORE]
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Otumfuo launches commemorative gold coins today
Otumfuo Osei Tutu II will be launching 24-carat commemorative gold coins today, Sunday, December 12, 2021, to celebrate 22 years of contributing to the peace, stability...[READ MORE]
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Convince Ghanaians that taxes will be used properly – Gov’t told
Ghanaians do not really trust the government to use the taxes they collect judiciously hence the opposition to the e-levy introduction, the Chief Executive Officer of the African Energy Consortium Limited, Kwame Jantuah, has said. In his view, most Ghanaians don’t have confidence in the government’s ability to use the tax properly. Speaking...[READ MORE]
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