Author: Nerteley Nettey
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AfCFTA to commence on January 1, 2021 as planned – Secretary-General
Mr. Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA), says the continental trade regime will take off as planned on January 1, 2021. He said the AfCFTA Secretariat was targeting January 2021 for the commencement of the implementation of the free trade agreement following its postponement due to the outbreak of the…
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MSMEs contribute only 4% to total domestic tax revenue – PEF Research
Findings by the Private Enterprise Federation (PEF) in collaboration with the Open Society Initiative for West Africa (OSIWA) Project have revealed that Micro, Small and Medium Enterprises (MSMEs) in the country contribute only 4 percent to total domestic tax revenue despite making up about 92 percent of registered companies in the country. According to them,…
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IES co-founder to represent West Africa at Germany’s Policy on Hyrogen 2021
Co-founder and Director of Administration and Research at the Institute of Energy Securtiy (IES), Mr. Edmond Kombat, has been selected to participate in the ‘Energy Transition – Germany’s Policy on Hydrogen.’ The IES co-founder is expected to represent the Institute as one of the selected organisations among three organisations from Africa in Berlin during Quarter…
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Make tax compliance less burdensome for MSMEs – PEF to Gov’t
The Private Enterprise Federation (PEF), has asked government to adopt a tiered tax system to reduce the tax burden on businesses, especially Micro, Small and medium sized enterprises in the country. According to PEF, this will help government generate adequate revenue, encourage voluntary tax compliance and reduce the cost of tax administration in the country.…
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Bank of Ghana presented with Central Bank of the Year Award
The Bank of Ghana has been presented with the prestigious Central Bank of the Year Award by the Central Banking Awards Committee. The award follows the bank’s successful implementation of monetary policy and impressive achievement in reforming the banking sector in Ghana. A statement issued by the Central Bank stated that, “the usual awards dinner…
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BoG to introduce new policies to boost financial sector confidence
The Bank of Ghana has announced that it is set to introduce new policies to ensure that the Banking and Special Deposit Taking Institutions sectors remain resilient, inclusive and supportive of Ghana’s economic growth trajectory. According to the BoG, this forms part of efforts to restore confidence in the country’s financial sector. It will be…
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educataGhana 2020 takes off from the 19th to 20th October
The second edition of Ghana’s International Education Exhibition and Idea Factory, educataGhana 2020, takes off from October 19-20, 2020 at the Movenpick Ambassador Hotel, Accra, and virtually. educataGhana 2020 is organised by the Delegation of German Industry and Commerce in Ghana (AHK Ghana), the Konrad Adenauer Stiftung (KAS), the Sparkassenstiftung für Internationale Kooperation, and Siemens…
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4th GMA Webinar Series to lead conversation on digital media and elections 2020
Global Media Alliance (GMA), a market leader in Integrated Marketing Communications, will focus on the influence of Digital Media on the 2020 Presidential and Parliamentary Elections amidst COVID-19 for the fourth edition of the GMA Webinar Series. This edition comes after three successful previous versions in the series. The webinar will be held on Tuesday,…
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MTN withdraws suit seeking Supreme Court review of market share regulation ruling
Scancom Plc, operators of MTN Ghana Limited have withdrawn their legal action against the industry regulator, the National Communications Authority (NCA). The telecommunications giant was in court against NCA over a decision to limit the service provider’s market share. The NCA had designated MTN as Significant Market Power (SMP) and sought to limit the service…
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Over GHS7m paid to some investors of liquidated fund management firms- GCB Capital
Management of GCB Capital Limited has stated that about GHS 7.77 million has been credited to the accounts of some two hundred investors of the 20 defunct fund management companies that have been cleared by the court for their liquidation. This comes days after the official liquidator of the 53 defunct fund management companies, Jemima…