Category: Government
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‘We’ll resist imposition of CTN through the back door’—GUTA
The Ghana Union of Traders Association (GUTA) wants the Ghana Revenue Authority (GRA) to revoke the quota system infused into the Cargo Tracking Note (CTN). According to GUTA, the quota system will bring unnecessary bureaucracy, time wasting, lobbying and cost that may create possible avenues for frustration and corruption. The union, has warned that it…
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Court strikes out name of one defendant in defunct uniBank case
An Accra High Court hearing the case between the Receiver of Defunct uniBank, Nii Amanor Dodoo and shareholders of the bank has struck out the name of one of the defendant, Clifford Duke Mettle. Mr. Clifford Mettle was an executive director of defunct unibank until the Bank of Ghana revoked its license this year. The…
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CUTS Ghana seeks strict tax enforcement in 2019 budget
As the Finance Minister, Ken Ofori Attah prepares to submit the 2019 budget statement and economic policy to the government, several civil society groups have been sending their inputs for consideration. One of such is the CUTS Group which is primarily concerned with competition and how it affects the consumer. Among the proposals put forward…
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President appoints Jerry Ahmed Shaib as new CEO for Coastal Development Authority
President Akufo Addo has appointed Mr. Jerry Ahmed Shaib as the CEO of the Coastal Development Authority in pursuant to Section 3(1) of the Coastal Development Authority Act, 2017 (Act 961). His appointment will however require confirmation from the governing Board of the Authority in consultation with the Public Services Commission. This appointment follows the…
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Pensions, wages, top TUC’s expectations in 2019 budget
The Ghana Trades Union Congress (TUC) is asking the government to publish the outcome of investigations into the review of the operations of SSNIT as soon as possible. Organised labour believes that this should inform further deliberations on how to improve the Trust to ensure the welfare of employees. The comments were contained in the…
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Group bemoans low women participation in mining sector
As part of measures to rope in more women into the mining sector, government has outlined certain strategies to help achieve this feat. The women in the mining sector have complained of how often they are sidelined in terms of their participation in the mining industry. But at a workshop organized by women in mining…
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Minister urges Ghana-China talks on access to Yuan in Ghana
A Deputy Foreign Affairs Minister, Charles Wiredu has waded into debate on the use of Chinese Yuan by Ghanaian traders, asking the government to consider discussions on the issue. He says the move should facilitate easy trade and investment between the two countries. Many business associations have made an appeal to the government to enable…
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Producers’ inflation drops to 5.6 % in September 2018
The Producer Price Inflation (PPI) for September 2018, reached 5.6%. This is down from the 7.0% recorded in August 2018. The PPI measures the average change over time in the prices received by domestic producers for the production of their goods and services. Speaking to Citi Business News on the change, the Acting Government Statistician,…
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GDP reaches 5.4% in 2018 second quarter
Provisional figures released by the Ghana Statistical Service show that Ghana’s Gross Domestic Product which is the total value of all goods and services produced within the second quarter of this year, grew by 5.4 percent. This compares with the 11.1 percent recorded for same period last year. For the second quarter of this year,…
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Regulator clamps down on illegal courier, postal services
The growth in e-commerce on the international and domestic front is creating challenges as well as opportunities for many companies and individuals. For Ghana it’s been 12 years since a regulatory body was established to oversee activities for postal and courier services. However the industry lacks strong regulation which has led to the proliferation of…