Author: Godwin Akweiteh Allotey
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NPA reduces fuel prices by 8 pesewas per litre
The National Petroleum Authority (NPA) has reduced the margin on the price of fuel by 8 pesewas per litre. Following the implementation of the newly-reviewed taxes on fuel, the margin on prices of petroleum products went up by 17 pesewas per litre. But the NPA, after a meeting with stakeholders in the industry, reduced the…
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Registrar-General to roll out new system to improve online business registration
The Registrar-General’s Department (RGD) has commenced an overview of its business processes to map out a new modified system to improve the online registration of businesses in the country. A statement signed by Mrs Jemima Oware, the Registrar-General and copied to the Ghana News Agency, said the four-day exercise, which started on Thursday, April 22,…
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Judiciary to establish tax court to prosecute tax cases
The Judiciary has plans to establish a tax court to deal with the prosecution of tax cases. According to correspondence between the Chief Justice and the Ghana Bar Association, the tax court will be located at the criminal division of the Court of Appeal within the Supreme Court building. “The effective date of commencement will…
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Registrar General to meet clients of six defunct FMCs virtually on Thursday
The Registrar General, Jemima Oware, is set to have a meeting with customers of some six defunct fund management companies on Thursday, March 11, 2021. The meeting which is the first for this year will be held virtually. Dubbed Virtual First Creditors meeting, the session will be from 9:00 am to 3:30 pm on the…
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Closure of WAPCo’s emergency valve to blame for Wednesday’s power cut – GRIDCo
The Ghana Grid Company Limited (GRIDCo) says the closure of an emergency valve at the West Africa Gas Pipeline Company (WAPCo) is to blame for power cuts in parts of Ghana on Wednesday, March 3, 2021. According to the company, the action ended up curtailing “gas supply to some generating plants in the country”. “To…
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IGP directs police to protect tomato importers travelling to Burkina Faso
The Inspector-General of Police, James Oppong-Boanuh has directed the deployment of armed police officers to provide escort services for tomato traders and transporters who travel to neighbouring Burkina Faso to import the commodity. This comes after the Tomato Traders and Transporters Association declared a strike because of lack of concern for the security of its…
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Databank withdraws from Agyapa deal as transaction advisor
Investment and brokerage firm, Databank has withdrawn its services as a financial advisor in the Agyapa royalties deal. The firm together with Imara Holding Limited jointly served as transaction advisors for the monetization of Ghana’s gold royalties through the dual listing of the Agyapa Gold Royalties Company on the Ghana and London Stock Exchanges. Databank…
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Frances Adu-Mante appointed Board Chair of Absa Bank Ghana Limited
Frances Adu-Mante appointed Board Chair of Absa Bank Ghana Limited Absa Group is pleased to announce the appointment of Mrs Frances Adu –Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs Adu-Mante, who has served on the Board since September, 2017 succeeds Mr. Charles Alexander Cofie, who completed his…
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Akufo-Addo launches pension scheme for cocoa farmers
President Nana Addo Dankwa Akufo-Addo, on Tuesday, 1st December 2020, launched a pension scheme for the country’s 1.5 million cocoa farmers. According to President Akufo-Addo, “the Pension Scheme will enable cocoa farmers to make voluntary contributions towards their retirement, whilst COCOBOD makes a supplementary contribution on behalf of the farmers as well.” This, he explained,…
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Registrar-General to meet customers of defunct FMC’s on Thursday
The Registrar-General, Jemima Oware is organising virtual investor class meetings for customers of defunct fund management companies today, Thursday, November 26, 2020. Today’s meeting will commence at 9 am. The virtual meeting is being organised to discuss government’s bailout plan for investors of the various defunct fund management firms. Today’s meeting comes a day after…