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Cabinet grants approval for Nat’l Airline – Akufo-Addo

President Akufo-Addo has revealed that Cabinet has granted policy approval for the establishment of a National Flag Carrier (Home Based Airline) with strategic partner participation. The most recent state carrier Ghana International Airlines collapsed in 2010 after the government’s withdrawal ...

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Ghana card numbers to become TIN starting April 1 – Akufo-Addo

President Akufo-Addo has announced that all National Identification Card (Ghana Card) numbers will become Tax Identification Numbers (TIN) starting April 1, 2021. According to the President, this forms part of his government’s agenda to formalize Ghana’s economy. “From 1st April, ...

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NLA shuts down illegal short code of Alpha Lotto

The National Lottery Authority(NLA) in collaboration with the National Communications Authority(NCA) has successfully shut down the illegal short code *896# operated by Alpha Lotto Limited. Alpha Lotto Limited was duly licensed by NLA under Act 844 to operate lotto via ...

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Cedi shows resilience against Dollar, Euro

While the cedi continues to respond positively to measures introduced by the central bank to cushion it from sharp depreciation against the dollar, it seems those measures do not apply to its trading with the pound sterling, as the data ...

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BoG to ‘arrest’ cedi’s depreciation with US$775 million injection

As part of measures to ensure the economy has a stable local currency for the year, and especially in the first quarter when demand for forex is high, the Bank of Ghana plans to inject a whopping US$775million through its FX forward ...

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Don’t do capital market transaction with CHY – GIPC warns public

The Ghana Investment Promotion Centre has commenced investigations into the activities of embattled Chinese firm, CHY CENTURY HENG YENG GROUP LIMITED. A statement issued by the GIPC said it’s an offence for the Chinese firm to undertake activities in the ...

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Ghana ranked 101 in Global Knowledge Index for 2020

Ghana placed 101 in the Global Knowledge Index for the year 2020, according to a disclosure from the United Nations Development Planning (UNDP). Conducted at a time when covid-19 has ravaged the global economy, the country’s position was however the ...

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Government has not increased import duties – GSA

The Ghana Standards Authority (GSA) has asked the public to disregard claims attributed to the Ghana Institute of Freight Forwarders that import duties have been increased. This is because import duties have not been increased. A statement from the GSA ...

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ECG urged to immediately resolve prepaid card meter billings

The Institute for Energy Securities wants the Electricity Company of Ghana to immediately resolve issues with prepaid card meters and billings. According to the IES, it has noted with concern the recent widespread challenges being experienced by the pre-paid customers ...

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NIC releases list of insurance companies in good standing

The National Insurance Commission (NIC) has released a list of insurance companies in good standing in the country as at October 31, 2020. The National Insurance Commission (NIC) is the regulatory and supervisory body of the insurance services sector with ...

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