Author: Anita Arthur Kissi-Mireku
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Hubtel announces new features for retailers and their customers
Hubtel Ghana, an integrated business retail system and messaging service provider, has announced a series of new features for retailers and their customers at its 2019 Rethink – Keynote Edition, which was attended by more than 100 businesses. Hubtel as an e-Commerce platform has been expanding in innovative ways focused on helping businesses of all sizes with tools to accept payments,…
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NPA to set up prosecution department to tackle crime in downstream petroleum industry
The Chief Executive Officer of the National Petroleum Authority, NPA, Hassan Tampuli, has announced that discussions are underway which will lead to the establishment of a specialized office that will prosecute people in the downstream petroleum sector, whose activities negatively impacts expected revenue for national development. During the recent 2020 budget presentation to Parliament, Finance…
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ACEP hopeful latest oil discovery will increase Ghana’s oil revenue
The Africa Centre for Energy Policy, ACEP, says the recent oil discovery by Springfield Exploration and Production Limited is a big win for the local oil and gas industry in Ghana and Africa as a whole. Springfield, a wholly Ghanaian-owned company, recently made a discovery of more than 1.2 billion barrels of oil in its…
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GUTA issues final warning to gov’t to enforce GIPC law on retail trade
The Ghana Union of Traders’ Association, GUTA, has given government a one-week ultimatum to evict foreign nationals engaged in retail trade in Ghana’s market centres. GUTA says government’s failure to act this time around will result in a nationwide closure of foreign-owned shops. Addressing the press, the Vice President of GUTA, Osei Brogya, said government…
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NDB won’t duplicate functions of existing state-owned banks – Otuo Acheampong
Banking Consultant, Nana Otuo Acheampong, has dismissed assertions that the impending National Development Bank is not needed because it will only perform the functions of other existing state-owned banks. Presenting the 2020 budget in Parliament on Wednesday, the Finance Minister, Ken Ofori-Atta, explained that the bank, which is expected to start operations next year, will…
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Local poultry farmers demand govt’s action on high poultry imports
Local players in Ghana’s poultry industry have reiterated calls on the government to consider placing a cap in the volumes of imported poultry products into the country. According to the Poultry Farmers Association of Ghana, they will be able to increase production with the requisite support from the government to meet the shortfall that would…
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Foreign Affairs Minister holds talks in Abuja over borders closure
Ghana’s Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey(MP), has held talks with Nigeria’s Foreign Minister, Geoffrey Jideofor Kwusike Onyeama. Together with Ghana’s Trade and Industry Minister, Alan Kyerematen, the Foreign Minister, also held discussions with Minister of Industry, Trade & Investment of Nigeria, Otunba Niyi Adebayo. The Abuja meetings which took place…
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Stakeholders’ concerns on Cargo Tracking Note persists one year after implementation
One year after the implementation of the Cargo Tracking Note (CTN), businesses are yet to have all their concerns in relation to its implementation addressed. The CTN is meant to help Custom officers have proper and adequate information on cargos to prevent under-invoicing and fraud at the country’s ports. The Ghana Revenue Authority started the…
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Finance Ministry insists telcos must backdate CST implementation
The Ghana Chamber of Telecommunications has disclosed that it is in discussions with the Ghana Revenue Authority (GRA) and the Finance Ministry to maintain 1st October as the date for implementation of the Communication Service Tax. This follows calls from the GRA for the chamber to calculate the implementation of the tax from the 4th…
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Cocoa producer price increment timely — GAWU
The General Agricultural Workers Union (GAWU) has described the increment in cocoa prices as timely. The government on Tuesday 2nd October,2019 announced that the producer price for a ton of cocoa has been increased to GH¢8, 249 while that of 64 kg bag would now be sold at GH¢515. This comes after the price per…