Category: Top Stories
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Telcos Chamber cautions against taxing mobile money in Ghana
The Ghana Chamber of Telecommunications has urged government not to consider the possibility of taxing mobile money in the short to medium term. This follows ongoing concerns amongst mobile money agents and other stakeholders of a likely introduction of some taxes on mobile money transactions. Data from the Bank of Ghana over the years shows…
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Ghana’s economy grew by 3.9% between April and June 2021 – GSS
Ghana has recorded a Gross Domestic Product (GDP) growth rate for the second quarter of 2021 at 3.9%. This means that the economy between the period of April to June this year has grown by 3.9% The Gross Domestic Product is the final value of the goods and services produced within the geographic boundaries of…
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Agrihouse Foundation launches 11th edition of the Annual Pre-harvest Agribusiness Exhibitions and Conference
Agrihouse Foundation in partnership with the Ministry of Food and Agriculture and the Northern Regional Coordinating Council has launched the 11th edition of the Annual Pre-harvest Agribusiness Exhibitions and Conference event. The annual Pre-harvest Agribusiness Exhibition and Conference is an event designed to train and establish stakeholder linkages, exhibit and expand agribusiness opportunities across the…
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Registrar General’s Department to end validation of dormant companies in September 2021
The Registrar Generals Department has served notice to the Business Community and the general public that it will end its validation of dormant companies at the end of September this year. The exercise was to validate dormant Companies which adhered to the directive of the Registrar of Companies to file their Annual Returns with the…
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Menzgold customers seek Parliament’s intervention to retrieve locked up funds
Customers of the defunct gold dealership firm, Menzgold Company Limited, are calling on Parliament to investigate the closure of the company three years after its collapse. They also want a probe into circumstances leading to the supposed disappearance of some 400 kilograms of gold bars during the Economic and Organized Crime Office’s (EOCO) closure of…
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Ensure that gold business in Ghana flourishes – Lands Ministry to PMMC Board
The Deputy Minister for Lands and Natural Resources in charge of Mines, George Mireku Duker has charged the newly inaugurated Precious Minerals Marketing Company (PMMC) Board to ensure that the business of Gold purchase in Ghana flourishes during their tenure of office. Administering the inaugural address on behalf of the Sector Minister, the Deputy Minister,…
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Energy sector workers risk losing their jobs if power loses are not curbed – Energy Minister
Energy Minister Matthew Opoku Prempeh says the jobs of staff of the Electricity Company Ghana Limited and other power distribution companies will be at risk if the energy sector continues to record the level of losses the industry is currently recording. The Electricity Company of Ghana is on record to be losing as much as…
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Cynthia Lumor appointed as Deputy Managing Director of Tullow Ghana
Tullow Ghana has announced the appointment of Cynthia Lumor as Deputy Managing Director, effective October 1, 2021. Cynthia Lumor is the first to be appointed as Deputy Managing Director of Tullow Ghana since the company began its Ghana operations in 2006. As Deputy Managing Director, Cynthia Lumor will be responsible for the integration of the…
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Civil servants above retirement age must retire to create jobs for youth – ASEPA
To tackle unemployment in Ghana, the Alliance for Social Equity and Public Accountability (ASEPA), is, among other things, asking the government to compel all personnel in civil service above the mandatory retirement age to proceed on compulsory retirement. A recent report by the Alliance on unemployment shows that close to 40% of persons in the…
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Prof. Quartey calls for balanced approach in governments’ borrowing agenda
Economist and Director at the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey has charged the Board of the Bank of Ghana to ensure that there is a balance when it comes to government’s source of borrowing. A look at the Summary of Economic and Financial Data released in July by the…