Category: Business
-
Former World Bank VP Frannie Leautier joins Governing Council of ICCE
The Institute of Certified Chartered Economists (ICCE) has announced the appointment of Dr. Frannie Leautier, a former Vice President of the World Bank Group, to its Governing Council. The ICCE is a professional body for economists committed to raising economics professionals with the highest ethical standards through quality education and collaborative learning. The Institute provides…
-
ISSER reiterates need for assessment of newly introduced taxes
The Institute for Statistical, Social and Economic Research (ISSER) has called for a critical assessment of the new taxes imposed on the country in the early part of this year. The government, as part of its revenue mobilization drive, introduced some levies and taxes in the 2021 budget, a move many criticized. The taxes include…
-
Akufo-Addo appoints former Ambassador to China Edward Boateng as TOR MD
President Nana Akufo-Addo has appointed Ghana’s former Ambassador to China, Edward Boateng as Managing Director of the Tema Oil Refinery (TOR). Mr. Boateng is expected to spearhead the transformation of the company. Edward Boateng who served as Ambassador from 2017 to 2020, takes office at the Tema Oil Refinery at a time when workers of…
-
Ghana has no data to counter Child Labour surveys by foreigners- MELR
The Minister of Employment and Labour Relations, Ignatius Baffour Awuah says Ghana has no data to dispute reports conducted by foreigners of child labour in the cocoa sector. This follows reports from the US Department of Labour that Ghana’s cocoa industry is under threat following a rise in Child Labour cases. The report found 1.56…
-
Traders advocacy group lauds government for not introducing new taxes in budget review
Traders Advocacy Group Ghana has commended the government for not introducing new taxes in the 2021 mid-year budget review. The government as part of efforts towards reviving the economy amidst the Covid-19- pandemic earlier in the year introduced some new taxes, including the Energy Sector Recovery Levy. In an interview with Citi Business News, General…
-
Government urged to provide roadmap for delivering one million jobs agenda
Labour analyst, Senyo Agyabeng, has urged the government to provide a roadmap for delivering its one million jobs agenda. In Ghana, available data indicates that 600,000 people out of the total labour force of over 12 million are not employed. Analysts have warned that the figure may go up if interventions are not put in…
-
Event Organisers want ban on post-event receptions reviewed
The Event Vendors Association of Ghana (EVAG) is calling on the Government to reconsider its recent ban on post-event receptions. The group argues that the restriction further worsens the plight of the ailing industry that has suffered immensely from the ban on social gatherings that were imposed last year when the pandemic struck. In an…
-
Government urged to create regulatory framework to ensure success of vaccine production
Ghana’s vaccine production efforts will not be successful if it does not create a favourable regulatory environment to enable it deliver safe and effective vaccines within the African sub-region. This is according to the President and Founder of Mpedigree, Bright Simons. President Nana Akufo-Addo, during his 26th update on measures taken to reduce the rising…
-
Insurance for mobile money agents currently necessary – NIC Boss
Commissioner of Insurance, Dr. Justice Ofori has encouraged mobile money agents to consider getting insurance following the growing incidence of attacks in their line of work. The Mobile Money Agents Association of Ghana has in recent times expressed concern over the incessant robbery attacks on agents, saying their line of business is currently one of…
-
Africa must build robust compliance systems against financial crime – Nana Addo
President Nana Addo Dankwa Akufo-Addo has stated that for Africa to be able to transform itself and become the epitome of economic empowerment and self-reliance, it needs to have the wherewithal to be able to protect and optimise the resources at its disposal. To this end, President Akufo-Addo, speaking at the EBII Africa Investments Risk…