Category: Featured
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South Africa adds Ghana to E Visa list
The South African government has announced that Ghana has been added to the E Visa list. This means that Ghanaian citizens seeking to travel to South Africa can now apply for visas online, without having to visit the South African High Commission in Accra. This was announced in a statement issued by the South African…
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NIB too important to collapse, govt must restructure balance sheet – Adongo
The Minority in Parliament has strongly urged the government to undertake a significant restructuring of the ailing National Investment Bank (NIB) in order to prevent the bank’s potential liquidation. Recent reports have indicated the possibility of the Agricultural Development Bank (ADB) acquiring NIB, which currently carries liabilities exceeding GHc2 billion. During a press conference held…
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Decentralizing your operations will boost revenue mobilization – GRA told
The Ghana Revenue Authority (GRA) has been urged to intensify its decentralization efforts to enhance domestic resource mobilization and boost tax compliance in the country. This call comes from the Retired Customs Officers Association. Addressing attendees at the 4th Annual General Meeting of the Retired Customs Officers Association in Accra, Major General Carl Modey Rtd.,…
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OMCs call on NPA to deal with influx of Chinese tanker trucks
The Association of Oil Marketing Companies is calling on the National Petroleum Authority (NPA) to urgently take measures to deal with the influx of Chinese oil haulage trucks in the country. The Tanker Owners Union initially raised concerns over the importation of tanker trucks into the country in a letter to the National Petroleum Authority. The Association…
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Tullow driving local participation in Ghana’s oil and gas sector
In keeping with its commitment to local content participation in the oil and gas sector, Tullow has partnered with the Upstream Petroleum Business Academy of the Petroleum Commission (PC), to deliver training to local suppliers in Ghana. The training, on the theme, “Closing the Gap Workshop on Reverse Auctions,” was led by Tullow’s Chief Procurement…
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Ghana now becoming leader in coconut production; ranked 12th globally – GEPA
The Ghana Export Promotion Authority (GEPA) says through various strategic interventions, the country is making significant strides in terms of coconut production and export on the global stage. Dr Afua Asabea Asare, the Chief Executive Officer of GEPA, said currently, Ghana was ranked 12th in world production of coconut and the number one producer in…
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GRA summons 11 shop owners over tax irregularities
Eleven shop managers have been summoned by the Domestic Tax Compliance Taskforce of the Ghana Revenue Authority (GRA) for thorough investigations into their business operations. The shop owners have been involved in issuing selective VAT invoices and have failed to adhere to tax compliance regulations, leading to substantial revenue losses for the state. The GRA…
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GHEITI introduces beneficial ownership addresses for transparency in extractive licensing procedures
The Ghana Extractive Industry Transparency Initiative (GHEITI) says enough progress has been made in tackling the issues of obscure licensing procedures and concealed ownership. Dr Steve Manteaw, the Co-Chair of the GHEITI, at a dissemination workshop, highlighted the significant progress that was made in promoting transparency and accountability within the extractive industry, leading to solving…
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Government secures GH₵3.9bn in reopened DDEP
The government has secured GH₵3.9 billion in the reopened domestic debt exchange programme, the Ministry of Finance announced on Tuesday. This represents a significant achievement for the government, which is seeking to fully implement its COVID-19 programme for economic growth in the face of the prevailing economic situation. The Finance Ministry in a statement added…
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Ofori-Atta lauds establishment of independent secretariat to achieve climate prosperity
The Minister for Finance, Ken Ofori-Atta has disclosed that, the decision to establish an Independent Secretariat for Climate Vulnerable Forum and the V20 Group of Finance Ministers was a giant step towards achieving climate prosperity objectives. The Minister, who is the Chair of the V20 – the Finance Ministers of the Climate Vulnerable Forum, made…