Category: Business
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Office of the Registrar of Companies to delist 2,584 dormant companies from Companies Register
The Office of the Registrar of Companies (ORC) has begun processes to continue striking off 2,584 dormant and defaulting Companies from its Companies’ Register. This exercise is being carried out in accordance with Section 289 of the Companies Act, 2019 (Act 992) which connotes that a Company can be stricken off the Companies Register for…
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Col. Damoah removed as Customs Commissioner in the wake of Labianca saga
The Commissioner of the Customs Division of the Ghana Revenue Authority (GRA), Colonel (Rtd.) Kwadwo Damoah, has been directed by the President to hand over his duties to an acting Deputy Commissioner at the Authority, Seidu Iddrisu Iddisah. Col. Damoah had been serving in his position despite his contract expiring in October 2021, according to…
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Nickseth Construction unveils production facility at Appolonia Industrial Park
As part of efforts to expand its operations across the various regions in Ghana, Kumasi-based leading construction firm, Nickseth Construction Limited has launched an operational yard and concrete production facility at Appolonia Industrial Park. The three-acre, state-of-the-art production complex is the company’s operational yard for the southern sector of Ghana. Nickseth Construction’s new factory has…
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GUTA suspends plans to close shops after meeting with Council of State
The Ghana Union of Traders (GUTA) has called off its planned shop closure scheduled for Monday, August 29, 2022. This was after a meeting with the Council of State. GUTA said a joint committee has been set up to look into its concerns. President of the Association, Dr. Joseph Obeng, after the meeting, said the…
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GIPC’s gears up to host 19th edition of Ghana Club 100
After a two-year break owing to the COVID-19 Pandemic, the Ghana Investment Promotion Centre (GIPC) is bracing itself to host the 19th edition of its esteemed Ghana Club 100 awards in October at the Kempinski Gold Coast Hotel in Accra. The Ghana Club 100 is an annual compilation of 100 outstanding companies in Ghana’s business…
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Samba Foods records increased sales despite COVID-19 impact
Samba Foods Limited, a wholly Ghanaian owned food processing and preservation company, recorded impressive sales last year despite the effect of the lingering COVID-19 pandemic on its activities. Sales of the company rose by 57.48 per cent to GH¢1, 059,735 in 2021 from GH¢672, 907 in 2020. Managing Director of Samba Foods Limited, Dr. Mrs…
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Nick Dansi Adjei gets ultimate honour at Shippers Awards; named Entrepreneur of the year
The Chairman of Ghana Link Network Services Ltd (Ghana Link) Mr. Nick Danso Adjei was given the ultimate award at the 5th edition of the Ghana Shippers Awards held on Friday, August 19, 2022, at the Kempinski Hotel in Accra. He was crowned as the “Entrepreneur of the Year” at the awards night. The award…
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GRA to roll-out automated tax clearance system from October – Veep
Government has revealed that it will begin rolling out the automation of all tax clearing certificates, TCCs, from October this year. This is part of efforts to promote tax compliance. This latest move is aimed at reducing the voluntary use of powers and its attendant alleged corruption by public officials in the country. Prior to…
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GNCCI urges gov’t to introduce deliberate policies to boost revenue mobilisation
The Ghana National Chamber of Commerce and Industry, GNCCI, has reiterated calls for government to operationalise the Tax Exemption Bill and the Property Tax law and other deliberate programmes to boost domestic revenue mobilization. According to the Ghana National Chamber of Commerce and Industry, the high cost of doing business in the country which they…