Tag: Business
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Water shortage to hit parts of Accra; businesses to be affected
Areas and businesses being served by the Kpong Treatment Plant will have an interruption in water supply from Sunday 24th September to Thursday 28th September 2023 to enable engineers of the Ghana Water Company Limited (GWCL) to work on the transmission pipeline. The areas that will be affected by this exercise include Gbetsile, Afienya, Zenu,…
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Electricity tariff goes up by 4.22%
The Public Utilities Regulatory Commission (PURC) has implemented a 4.22 percent increase in electricity tariffs for all non-lifeline residential customers, affecting the average end-user. This decision comes after a review carried out for the third quarter of 2023 by the PURC. According to the PURC, the primary objective behind the tariff adjustment is to ensure…
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Business Community urges govt to introduce tax relief measures in mid-year budget review
Stakeholders in the business community are urging the government to introduce tax relief measures in the upcoming mid-year budget review. According to Section 28 of the Public Financial Management Act, 2016 (PFMA) Act 921, the Finance Minister, Ken Ofori-Atta, is required by law to present the mid-year budget review to Parliament “not later than six…
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Bawumia unveils joint venture companies under DIHOC
Vice President Dr. Mahamudu Bawumia has inaugurated twelve (12) joint venture production companies under the Defence Industries Holding Company Limited (DIHOC) of the Ghana Armed Forces (GAF), with a call on the business community to venture more into such collaborations with the armed forces. “[It is] Interesting, and it is very important [to know that],…
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Christmas: Dress makers complain of low patronage
The celebration of Christmas in Ghana is usually the time celebrants try to look their best for social events. For some people; they like to stand out with unique and customized clothing. As such; it’s become a common feature to find dressmakers in Ghana cash in big ahead of Christmas celebrations; while ready-made clothing is…
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Side hustle or full-time business: Pros and Cons
Do you dream of giving up your job and being your own boss? Making the jump from employee to entrepreneur and business owner can prove daunting, as well as rewarding. Some people find getting a ‘happy balance’ by remaining in employment but embarking on a side hustle. As a result, they run their own business…
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#CitiBizFestival: Partnerships key to restarting businesses post COVID – Michael Mensah-Baah
The Chief Operating Officer of Absa Bank Ghana Limited, Michael Mensah-Baah, says partnerships and the ability to control an organization’s cash flow are essential items needed to restart businesses post COVID-19. Citing the opportunities created in the delivery services sector for instance due to restrictions, he said interested businesses can merge to reduce the cost…