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Business

YouStart is a game changer, programme to be rolled out in April – John Kumah

Government’s flagship youth entrepreneurship programme – YouStart is set to be rolled out in April, Deputy Finance Minister, Dr. John Ampontuah Kumah has indicated. He gave the indication when he addressed attendees at the YouStart pilot beneficiries pitch session organized ...

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Gov’t to roll out six major expenditure cut measures

Government has identified six major policy measures and controls in an attempt to roll out cuts to the 2022 budget expenditure by 20 percent, as announced by Finance Minister Ken Ofori-Atta last month. Among the policy measures is included savings ...

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Suspend reversal of benchmark values for wider consultation – Akufo-Addo directs GRA

President Nana Addo Dankwa Akufo-Addo, has directed the Customs Division of the Ghana Revenue Authority (GRA) to suspend its planned implementation of government’s policy directive on the reversal of the reduction of values of imports on selected items, known as ...

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Reversal of benchmark value reduction to take effect today

The implementation of the reversal of the 50 percent benchmark value on imports will take effect from today, Tuesday, January 4, 2022. This was announced in a press statement issued by the Ghana Revenue Authority, (GRA) on Sunday, January 2, ...

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Mobile money agents to go on strike Thursday over e-levy

Leadership of the Mobile Money Agents Association of Ghana (MMAAG) has announced its intention to embark on an industrial action on Thursday, December 23. “All agents will go on strike hence all outlets will remain closed.” This was contained in a statement ...

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Telcos to reduce charges by 25% to lesson burden of e-Levy on customers – Telecoms Chamber

Telecommunication companies and their mobile money operators have agreed to reduce the charges on transactions by 25% amid the possible introduction of the e-Levy. According to the Ghana Chamber of Telecommunications (GTC), the decision was taken following extensive deliberations with ...

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Akufo-Addo appoints Sir John’s son as new CEO of GIPC

President of the Republic, Nana Addo Dankwa Akufo-Addo, under section 17 (3) of the Ghana Investment Promotion Centre (GIPC) Act 2013 (Act 865), has appointed Mr Yaw Amoateng Afriyie, son of the late Sir John, as Acting Deputy Chief Executive ...

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MTN Ghana Foundation contributes a total of 10m to support Govt fight against COVID-19

MTN Ghana Foundation has donated GHC5Million to National COVID Trust Fund to support government’s effort in combating Corona Virus pandemic in the country. This presentation brings MTN’s total contribution to the National COVID Trust Fund to Ghc10 million. Speaking at ...

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Capital Bank case: Ato Essien suffers sleep disorder

The founder of the defunct Capital Bank, William Ato Essien has been reported sick and has been diagnosed with “Obstructive Sleep Disorder.” Mr Essien and two others are standing trial for some 23 charges and have been asked to open ...

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Gov’t likely to raise 500m monthly from MoMo levy – Ursula

The Minister for Communications and Digitalisation, Ursula Owusu-Ekuful, has revealed that the government is likely to raise over Ghc500 million a month from the newly introduced E-Trasanctions levy. The Communications Minister added that the government is also likely to raise ...

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