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Business

Gov’t withdraws Luxury Vehicles tax

The Government has announced the immediate withdrawal of the Luxury Vehicles Levy which was introduced in 2018 to raise some additional revenue to augment the public purse. Finance Minister, Ken Ofori-Atta made the announcement when he moved a motion on ...

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Finance Minister presents mid-year budget review

The Finance Minister, Ken Ofori-Atta will today, Monday, 29 July 2019 present the mid-year budget review and supplementary estimates in Parliament. This is in accordance with Section (28) of the Public Financial Management Act, 2016 (Act 921).The Mid-year budget review ...

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NAM 1 granted GH¢1bn bail

An Accra High Court has granted bail to embattled Chief Executive Officer of gold dealership firm, Menzgold , Nana Appiah Mensah popularly known as NAM 1. NAM 1 was admitted to bail in the sum of 1 billion cedis with 5 ...

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Ghana is best place to invest in Africa – Bawumia

Vice President Dr. Mahamudu Bawumia has explained to a group of Canadian investors why Ghana is the best investment destination in Africa for both local and foreign investors. According to Dr. Bawumia, not only do Ghana’s political stability and security ...

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Mid-year budget review postponed to July 29

The scheduled presentation of the Mid-Year Fiscal Policy review has been postponed to July 29, 2019. The postponement was announced by Deputy Majority Leader, Adwoa Safo during the presentation of the business statement in Parliament for next week. The review ...

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Court remands NAM 1 into Police custody

Menzgold Chief Executive Nana Appiah Mensah has been remanded into police custody after he appeared before court Friday Morning. He is to reappear in court on July 26, 2019. The court granted the order after the police requested for two ...

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NAM 1 finally arrives in Ghana, arrested by CID

Embattled CEO of defunct firm Menzgold CEO Nana Appiah Mensah popularly known as NAM 1, arrived in Ghana today, Thursday, July 11, 2019. Sources say he’s currently in the custody of the Criminal Investigations Department(CID) at the Police Headquarters where ...

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Court dismisses Receiver’s application against uniBank

An Accra High Court has dismissed an application instituted by the receiver of UniBank, Nii Amanor Dodoo, which sort to retrieve from the 17 shareholders of the defunct bank, the repayment of a GHC 5.7 billion debt owed the bank. ...

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Rearing for Food and Jobs will develop livestock industry – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has launched the Rearing for Food and Jobs (RFJ) campaign, another module of his administration’s flagship programme – “Planting for Food and Jobs”. The campaign, which will run for five years, from 2019 to 2023, ...

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