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Business

Bawumia attends maiden “AfriCaribbean” Trade and Investment Forum in Barbados

Vice President of the Republic, Dr Mahamudu Bawumia, left the country on Monday 29 August, to attend the maiden edition of the AfriCaribbean Trade and Investment Forum in Bridgetown, Barbados as the special guest of honour. The Investment Forum begins on Thursday ...

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Fitch downgrades Ecobank, GT Bank, UBA from ‘b-‘ to ‘ccc

Fitch Ratings has downgraded Ecobank Ghana Limited’s, Guaranty Trust Bank (Ghana) Limited’s (GTB Ghana) and United Bank for Africa (Ghana) Limited’s (UBA Ghana) Viability Ratings (VRs) to ‘ccc’ from ‘b-‘. Fitch has affirmed the Shareholder Support Ratings (SSRs) of Ecobank ...

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Close to 500k companies operating illegally to be expunged – Registrar of Companies

The newly launched Office of the Registrar of Companies (ORC) is set to delete close to 500,000 companies from its database for not renewing their existence following the expiration of their registration, the Registrar of Companies, Jemima M. Oware, disclosed. ...

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FDA opens Marwako eatery after over a month of closure

The Food and Drugs Authority(FDA) has lifted the suspension it placed on Marwako Fast Foods following the food poisoning incident. A copy of a letter dated July 08, 2022, said: “Following the verification inspection of your facility at Abelemkpe to ...

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GIPC and OT signs MoU

Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with America’s largest minority-led black-owned technology business, Overland Tandberg. The MoU seeks to develop seven (7) strategic areas between Ghanaian and U.S tech firms to bridge the digital ...

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Full roll out of E-levy begins July 1

The Ghana Revenue Authority(GRA) has served notice of full implementation of the Electronic Transfer Levy effective July 01, 2022. This was contained in a letter dated June 22, 2022 to all Charging entities reminding them of the full implementation of ...

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We are committed to empower local industries to compete globally – Bawumia

The Vice-President, Dr Mahamudu Bawumia, has reiterated the government’s commitment to empowering indigenous industries in order to get them ready for the emergence of what he called, a new global architecture. Speaking at the 25th anniversary of the establishment of Tropical ...

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Salaries paid through mobile money will attract E-Levy – GRA

Workers who receive their salaries through mobile money platforms may have to brace themselves. This is because a portion of their money is expected to be affected by the recently passed E-Levy. According to the Ghana Revenue Authority (GRA), the ...

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Bawumia to speak on Ghana’s economy today

Vice President, Dr. Mahamudu Bawumia will later today speak on the economic situation of the country. In the wake of continuous price increase in fuel and commodities and the depreciation of the cedi, there have been several calls from political ...

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