Category: Top Stories
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Telcos Chamber pledges to address data affordability and sustainability issues
The Ghana Chamber of Telecommunications has pledged to address issues concerning data affordability and sustainability in the year 2022. According to the Chamber, there needs to be a broad consultation on how much data consumption can be balanced with the right investments so that consumers do not have to be on the losing end. The…
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Don’t backtrack on reversal of benchmark value discounts – AGI urges gov’t
The Association of Ghana Industries (AGI) is urging the government not to relent in its goal of implementing the reversal of the reduction in benchmark values policy introduced in 2019. The remark follows President Nana Akufo-Addo’s directive to the Ghana Revenue Authority (GRA) to suspend the planned implementation of the policy reversal, for further consultations.…
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Drivers threaten to increase fares by 40% from January 17
A group of drivers known as the Concerned Drivers Association of Ghana has threatened to increase transport by 40 percent. According to the group, the proposed increase has been necessitated by fuel price hikes at the pumps, the increment in prices of vehicle parts, among others. The increment, according to the group, will begin on…
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NPA assures of measures to ensure prosecution of fuel smugglers
The National Petroleum Authority, NPA, says a comprehensive approach has been instituted to ensure the prosecution of offenders or persons complicit in fuel smuggling in the country. According to the NPA, it has already introduced the Digital Retail Fuel Monitoring System, among others, last year, to address the issue. Ghana currently loses billions of Ghana…
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Fuel price hike: COPEC reiterates calls for review of tax build-up
Following an earlier projection by the Chamber of Petroleum Consumers Ghana (COPEC) that prices at the pump may go up by at least 20 pesewas, various Oil Marketing Companies (OMCs) have begun increasing their prices marginally. Some of the OMCs, however, increased the price of the fuel by just 5 pesewas, despite the price hike…
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Rice Millers call for swift implementation of reversal of 50% discount on benchmark values
The Rice Millers Association says the reversal of the benchmark values is important to growing the country’s local industry and enabling it to thrive. The association had long advocated for a reversal of the discounts, saying such a move will help in improving the fortunes of the local rice industry. According to the Rice Millers…
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Aviation stakeholders confident of a full sector bounce back by Q2 2022
International Airlines operating at the Kotoka International Airport are optimistic of a rebound in their operations this year, despite the impact of Covid-19. The aviation industry suffered from the pandemic with many countries introducing travel restrictions as part of a preventive measure to avert the spread of the virus. But things are gradually returning to…
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GUTA welcomes ‘temporary’ suspension of reversal of benchmark value discounts
The Ghana Union of Traders Association (GUTA) has welcomed the announcement by the government for the Ghana Revenue Authority (GRA) to suspend the implementation of the benchmark value discounts. President Akufo-Addo on Saturday directed the GRA to stay the rollout of the policy until January 17, 2022, to allow for broader stakeholder engagement. As part…
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Be circumspect in your debt accumulation in 2022 – Prof. Quartey to gov’t
The government has been urged to be circumspect when it comes to borrowing this year, 2022. This is according to the Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey. A close look at the Summary of Macroeconomic and Financial Data from the Bank of…
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Microsoft poaches IBM’s Angela Kyeramaten-Jimoh as new strategic partnership lead for Africa
International Corporate expert, Angela Kyerematen-Jimoh, has been appointed by Microsoft as its Strategic Partnership Lead for Africa in its new Africa Transformation Office. Microsoft’s establishment of an Africa Transformation Office (ATO) is a reinforcement of its investment in the continent, to enable digital transformation for the continent powered by Africans for Africa. The office will…