Tag: COVID-19
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We can help Gov’t disburse GHS600m SMEs loan – Savings & Loans Assoc.
Leadership of the Ghana Association of Savings and Loans Companies, says it is ready to support government in the disbursement of its GHS600 million stimulus package set aside to assist small and medium scale enterprises affected by the COVID-19 pandemic. The disbursement of the amount, which will have a one-year moratorium and two-year repayment period,…
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GRA announces measures to provide relief to taxpayers amid COVID-19
As part measures to mitigate the economic burden on taxpayers due to the novel Coronavirus pandemic, the Ghana Revenue Authority, GRA, has announced that taxpayers who redeem all their outstanding debts due the Authority by June 30, 2020, will be granted a remission of penalties on their principal debts. These measures, according to the GRA,…
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Ghana’s COVID-19 cases now 2,169 with 229 recoveries; 18 deaths
Ghana’s confirmed cases of the novel Coronavirus (COVID-19) have hit 2,169 The number of recoveries have also increased to 229 from 212, whiles the death toll has risen from 17 to 18. This is according to the Ghana Health Service (GHS). This means that 95 new cases have been recorded since the GHS last update…
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Income Tax Act amended to assist specific tier 3 contributors affected by COVID-19
Parliament has amended the Income Tax (Amendment) Act 2015 to exempt withdrawals from third tier Provident funds and personal pension schemes from tax. This is to cushion only contributors who have lost their jobs or capital due to the Coronavirus pandemic. The Amendment in fiscal terms will amount to 639 million Ghana cedis if all…
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Akufo-Addo extends Ghana’s border closure by one month
President Nana Addo Dankwa Akufo-Addo has extended the closure of the country’s borders by one month. The extension takes effect from Monday, May 4, 2020, at 1:00am. The President made the announcement at the virtual May Day celebration on Friday, May 1, 2020 at the Jubilee House. The government says the border closure is to…
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Ghana Assoc. of Savings & Loans supports Ga East Municipal Hospital COVID-19 Treatment centre
The Ghana Association of Savings and Loans Companies (GHASALC), has donated assorted items valued at 50,000 cedis to the National COVID-19 Treatment Centre at Ga East Municipal Hospital at Kwabenya in the Greater Accra Region. The Executive Secretary of the Association, Tweneboah Kodua Boakye, said the donation, which includes medical essentials such as Omron i11…
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COVID-19: COPEC calls for emergency support for oil and gas companies
Following the economic impact of the novel Coronavirus on individuals and businesses, the Chamber of Petroleum Consumers (COPEC) is urging government to consider providing emergency assistance to oil and gas companies. According to COPEC, a lot of these companies are, “are reeling heavily under the harsh effects of our 3 weeks lockdown and subsequent low…
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Zenith Bank announces enhancement of its USSD *966# service
Zenith Bank Ghana has introduced its improved USSD service, *966#, to enable both account and non-account holders engage in various banking transactions seamlessly using their mobile phones, in the wake of the COVID-19 pandemic. According to the bank, the “exciting *966# service”, which is under the tagline – “Eazybanking for Everyone”, offers more accessible, affordable…
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Ghana’s COVID-19 cases hit 2,074, with 212 recoveries and 17 deaths
Ghana’s confirmed cases of the novel Coronavirus have increased to 2,074 from 1,550. This is according to the Ghana Health Service (GHS). This means that 403 new cases have been recorded in the country since the last update on April 28, 2020. The number of recoveries have also increased to 212 from 188, whiles the…
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Tripartite Committee’s communiqué on COVID-19 fight misplaced – Federation of Labour
The Deputy Secretary-General of the Ghana Federation of Labour, Kenneth Koomson, has criticized the Tripartite Committee for failing to consider the plight of industries before coming up with its 10-point communiqué. The Tripartite Committee comprising government, Labour Unions and employers signed a 10-point communiqué on Tuesday, April 28 2020, on the need to protect businesses…