Category: Top Stories
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AfCFTA will boost supply chain management in Ghana – CISCM
Supply Chain Management will be key in the implementation of the African Continental Free Trade Area (AfCFTA) agreement. This is an assertion by the President of the Chartered Institute of Supply Chain Management (CISCM), Richard Obeng Okrah. According to him, the free trade agreement involves the movement of goods across the various value chains, and…
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New Tax Court will assist in revenue mobilization efforts – Tax Analyst
The coming establishment of a tax court should greatly aid government’s efforts at meeting its Domestic Non-oil Tax Revenue for 2021. That’s according to a tax analyst. According to the 2021 budget, Total Revenue and Grants for this year is pegged at GH¢72.4 billion, equivalent to 16.7 percent of GDP, out of which Domestic Revenue…
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Judiciary to establish tax court to prosecute tax cases
The Judiciary has plans to establish a tax court to deal with the prosecution of tax cases. According to correspondence between the Chief Justice and the Ghana Bar Association, the tax court will be located at the criminal division of the Court of Appeal within the Supreme Court building. “The effective date of commencement will…
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Balance developmental spending and debt accumulation – IMF to Ghana Government
The International Monetary Fund (IMF) says it is more important now than ever, that Ghana balances its developmental spending needs against the rate of debt accumulation by the country. Ghana’s debt to GDP ratio crossed the dreaded 70% threshold back in September 2020 and is expected to hit 81.5% by the end of this year…
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Government to handover management of DTT platform to private firm
The Ministry of Communications and Digitalization has disclosed that government has advanced processes to settle on a company that will manage the country’s Digital Terrestrial Television (DTT) platform. The move which is in conformity with the International Telecommunications Union requirements will ensure effective and efficient collection of TV license through the use of technology. Government…
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Government of Ghana concludes process to take over AirtelTigo
The Government of Ghana and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V have concluded negotiations and signed an agreement to transfer the shares of the company to the Ghana Government following the announcement of the company’s departure from the Ghanaian market last year. This agreement transfers all customers,…
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60% of Ghanaians need government support to own houses – Asenso-Boakye
The Works and Housing Minister, Francis Asenso-Boakye has decried the country’s perennial housing problem. According to him, over 60 percent of the Ghanaian populace is unable to own their own homes without support from government. Also, 35 percent of the populace sadly will never be able to own their own homes even with the support…
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We’ve created 100,000 jobs since commencement of Tema-Mpakadan railway project – Contractor
India-based AFCONS Infrastructure Limited, the company constructing the Tema-Mpakadan rail line has revealed that since the commencement of the project, about 100,000 Ghanaians have been engaged. Vice President at AFCONS Infrastructure Limited, Udai Veer Singh, said this forms part of efforts towards empowering indigenes in the area where it implements its projects. “Presently on the…
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Africa World Airlines promises commercial flights to Ho in three weeks after test flight
Africa World Airlines, on Thursday, April 15, 2021, received a rousing welcome at the Ho Airport as the airline test flew the route ahead of the commencement of commercial flights to the Airport. The company is set to start plying the route three weeks from now. Aside from the green plains and beautiful landscape that…
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Fuel monitoring system will help check smuggling – Oil Marketing Companies
The Association of Oil Marketing Companies says the introduction of the National Retail Outlet Fuel Monitoring System is a game-changer in sanitizing the sector. According to the association, this will help rid the system of non-compliant businesses. In an interview with Citi Business News, President of the Association of Oil Marketing Companies, Henry Akwaboah, commended…