Author: Nerteley Nettey
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Stakeholders in construction industry lament increase in prices of iron rods
If you are building or involved in a building project, I am sure you have realised that the prices of one critical component in the building process, iron rods, have increased in recent times. Iron rods are considered critical materials in building construction, due to the fact that shortfalls in quantity or quality of the…
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Elsie Awadzi calls for inclusive approach to promote women’s access to finance
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi is calling for a more inclusive approach to promote as part of the country’s financial inclusion strategy. According to her, with high penetration of mobile money and increased digital payments, Ghana is well-positioned to become a financially included society in the medium-term and also…
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Clearance inspection agencies barred from ports are back – Stakeholders bemoan
Clearance inspection agencies, which were barred from operating at the nation’s ports by government in 2018, have returned to the ports on the blindside of government. This came to light at a forum on Port Relations organised by the Importers and Exporters Association of Ghana. Government in June 2018 charged all inspection agencies except the…
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GSE to soon create credit rating agency for listed firms
As part of efforts to boost the credibility of the stock market, the Ghana Stock Exchange will soon conclude processes for the establishment of an investor credit rating agency for players on the market. According to the managers of the local bourse, the domestic credit rating agency, which will be created by the end of…
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Ghana to promote investment opportunities in Dubai during Gulf Food Exhibition
The Ghana Investment Promotion Centre (GIPC) in collaboration with Ghana’s Ministry of Trade and Industry, and the Embassy of Ghana in the United Arab Emirates (UAE), will on 15th February 2022, organize the Ghana Roundtable Meeting during the Gulf Food Exhibition in Dubai World Trade Center. The event will create a cohesive platform for key…
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Rent and Transport associated prices push inflation to almost 14%
A significant increase in prices associated with Housing, Water, Electricity, Gas and other Fuel (28.7%), as well as Transport (17.4%), has pushed the rate of inflation for January 2022 to 13.9 percent. This is captured in the Consumer Price Index (CPI) data for January 2022, released by the Ghana Statistical Service. The rate is 1.3…
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Clement Akapame, Lom Ahlijah launch book titled ‘Commercial Law In Ghana – Sourcebook’
A book providing Ghanaian literature on Commercial Law has been launched at the Ghana Institute of Management and Public Administration (GIMPA). The book “Commercial Law In Ghana – Sourcebook,” was written by private legal practitioners Clement Akapame and Lom Nuku Ahlijah and launched on Thursday 3rd February 2022. The 424-page hardcover book, written as a…
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AfCFTA members conclude negotiations on rules of origin to enhance free trade
Member states of the African Continental Free Trade Area (AfCFTA) have concluded their negotiations on the rules of origin, a move expected to further reduce tariffs on original goods produced within the African continent. This was disclosed by the Chairperson of the African Union Ministers of Trade, Ebrahim Patel. Although trading under the African Continental…
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Stop posting losses and improve performance – Akufo-Addo charges SOEs
President Akufo-Addo has charged heads of state institutions and specified entities in the country to put an end to the phenomenon of posting losses annually and to work towards become profitable institutions. Losses posted by state enterprises and specified entities in the country between 2018 and 2019 rose by 200% percent according to the 2020…
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1.75% E-Levy is lowest tax in Ghana – Ursula
Communications and Digitalisation Minister, Ursula Owusu Ekuful believes the 1.75 percent tax on electronic financial transactions, also known as the E-Levy when compared to other taxes introduced in Ghana, is the lowest so far. She made this claim during the maiden edition of government’s town hall meeting on E-Levy held on Thursday, January 27th at…