Author: citibusinessnews
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Government eyeing GH¢750m with new E-VAT policy
The government is seeking to raise GH¢750 million in Ghana following the passage of the Value Added Tax Amendment bill, which introduces the E-Vat policy. The tax measure broadens the scope of the existing laws to cover electronic commerce, provides for the electronic issuance of a tax invoice, upfront payment of Value Added Tax by…
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Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.
The Managing Director of Agricultural Development Bank Plc, Dr. John Kofi Mensah has disclosed that the African Continental Free Trade Area (AfCFTA) will help agribusiness entrepreneurs to access the African Market. The AfCTA is a single market (duty-free-quota-free) trading bloc covering the entire African Continent with a total population of 1.3 billion to create a…
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BTL Marketing Ghana adjudged best experiential marketing agency
BTL Marketing Solutions Ghana has been adjudged the Overall Best Marketing Agency of the Year at the recently held 11th Marketing World Awards 2022 at the Movenpick Ambassador Hotel. The awards night saw numerous industry players in marketing and advertising come together to celebrate, award and reward the efforts of various stakeholders in the industry.…
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New deadline for SIM re-registration too short – MoMo agents association
The Mobile Money Agents Association has said the two months extension announced by the government is not enough time to guarantee that all Ghanaians would re-register their SIM cards. According to the association, the challenge for many registrants is their inability to access their Ghana Cards. In an interview with Citi News, the Secretary of…
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AfCFTA’s $11million institutional support grant will cover areas of advocacy and increased workforce – APN
The AfCFTA Secretariat, which is currently undertaking various initiatives to support its Agreement, will use part of the 11 million dollars institutional support grant provided by the African Development Bank towards the development of the private sector, an advocacy drive, and the creation of employment opportunities. This was made known during the keynote address at…
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UG, AMG, ICL and Impuct hub partner to launch ‘Innovation for African Universities Connecting Accra Project’.
As part of efforts to promote enterprise skills development, and address graduate unemployment and the disconnect between stakeholders in the entrepreneurial ecosystem in Ghana, the officer of research, innovation and development (ORID) at the University of Ghana in collaboration with the Imperial College London (ICL), and the impact hub Accra, have launched the ‘Innovation for…
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Extend SIM card re-registration exercise to January 2023 – MoMo agents
The Mobile Money Agents Association of Ghana are calling on government to consider an extension of the deadline for the SIM card re-registration exercise. According to the association, the mobile money business will be negatively affected should government go-ahead to implement the July 31 deadline. Government has set July 31 to be the deadline for…
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Vodafone agrees sell stake in Ghana’s business to Telecel
Telecommunication company, Vodafone Plc has agreed a sale of its operations in Ghana to Telecel Group. This is part of the British telecommunications giant to refocus on key markets. According to Bloomberg, the London-listed company will sell its majority stake in Vodafone Ghana to Africa-focused Telecel, subject to certain conditions. Vodafone entered Ghana in 2008…
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‘We’re poised for continued global excellence’ – Fidelity Bank MD assures; engages media editors
In appreciation of the media’s influential role in its success over the last 15 years, senior executives of Fidelity Bank Ghana, led by its Managing Director, Julian Opuni, have engaged with editors from key media houses to thank them for their support. The engagement, which was held at the Head Office of Fidelity Bank at…
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Travel and Tour businesses call for sector grant allocation of 10 million from World Bank
Players in the Travel and Tour industry are appealing to the government for consideration in the disbursement of the 10 million world bank grant allocation to the tourism sector. In an interview with the media, Managing Director of Adansi Travel and Tour, Gideon Asare, stated that receiving a portion of the fund would enable businesses…