Category: Business
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Don’t recruit young graduates to top positions – Organised Labour to GRA
Organised’s Labour is calling on the Ghana Revenue Authority (GRA) to desist from recruiting young graduates to the position of Chief Revenue Officers (CROs) and Assistant Commissioners (ACs) of the Authority. According to them, most of the young graduates lack the qualification requirements and years of experience required for one to merit such ranks in…
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GIFF urges shippers to understand incoterms to avert losses
The Ghana Institute of Freight Forwarders is asking persons who plan on shipping goods into the country to do their due diligence in order to avert unexpected losses. According to the association, some people who bring goods into the country are oblivious of some of the technicalities involved in the process and end up incurring…
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Qatar Airways to launch four weekly flights to Accra starting Sept 29
Qatar Airways has announced that will operate four weekly flights to Accra, via Lagos from 29 September 2020 becoming the fourth new destination launched by the national carrier of the State of Qatar since the start of the pandemic. The Accra service will be operated by the airline’s state-of-the-art Boeing 787 Dreamliner featuring 22 seats…
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Hoteliers demand government’s support for early recovery after COVID-19 impact
Players in the hospitality industry have asked the government for enhanced support to ensure a sustained recovery of their businesses from the effects of COVID-19. Even though the government has set aside various financial packages to aid players in the industry just like other sectors, the hoteliers say they need more interventions to save the…
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Tax Justice Coalition joins calls for scrapping of Agyapa Royalties deal
Calls for the suspension of the implementation of the controversial Agyapa Royalties deal have intensified as the Tax Justice Coalition has described the deal as a wrong precedent. Though the Finance Ministry seems to have addressed all related issues raised around the deal, civil society groups under the Alliance of CSOs working in Extractive, Anti-Corruption…
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COCOBOD closes purchases for 2020 light crop cocoa season
This year’s light crop cocoa season has been closed from today, Thursday, September 17, 2020. “It is hereby notified for the general public’s information that purchases for the 2020 Light Crop Season would cease at close of business today, Thursday, 17th September 2020,” a statement from the Ghana Cocoa Board (COCOBOD) noted. Ghana’s cocoa season…
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Ex-staff of defunct MFIs and S&Ls to be paid after outstanding issues are resolved – Receiver
The Receiver of the 347 defunct Microfinance companies, 23 Savings and Loans and Finance Houses, Eric Nana Nipah says money to pay ex-staff is available, but payment can only be done when issues raised by the ex-staff and their representatives are resolved. He made the comments on Citi TV‘s Current Affairs program The Point of…
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Asset base of defunct microfinance firms, others was short by GHS4 billion – Receiver
The Receiver of the 347 defunct microfinance companies, 23 savings and loans and finance houses, faced a GHS4 billion shortfall in the asset base of defunct companies it hoped to recover. Speaking on Citi TV‘s The Point of View, Eric Nana Nipah explained that the firms cumulatively said they had an asset base of about…
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COPEC to publish regular consumer survey to improve service from OMCS
As part of efforts to ensure that the interests of consumers are protected at the fuel pumps, the Chamber Of Petroleum Consumers (COPEC) has begun releasing regular surveys on Oil Marketing companies in the country. According to COPEC, the findings of the survey will help guide consumers in their decisions on the ideal OMC to…
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Cedi’s stability backed by Ghana’s diverse export base, other factors – Economist
Economist with DataBank, Courage Kingsley Martey is confident the Ghana Cedi will remain stable when compared to its peers on the African continent for the rest of the year, even against the backdrop of the unfolding coronavirus pandemic. Out of some 15 key currencies on the continent evaluated by Databank, the Cedi remained relatively stable…