BUSINESS

A financial analyst, Mr Joe Jackson, has said Ghanaians have been plunged into tough times following the hike in some taxes as announced by Finance Minister Ken Ofori-Atta in the Mid-Year budget review earlier this week. The government proposed to increase the Energy Sector Levies by GHp 20 per litre for petrol and diesel and GHp 8 per kg for ...

The National Lottery Authority (NLA) will on Tuesday launch a new exciting game onto the market. The game dubbed: “Super 6 Game” would be launched alongside the VAG Lotto in order to boost the revenue generation capacity of Government through the NLA as well as create jobs. The Super 6 is a dividend game where players have the opportunity to ...

DON’T RUSH TO PRAISE ALL OF AFRICA’S “POPULAR” BUT FISCALLY UNSUSTAINABLE PROGRAMS Introduction Context is 2019 Mid-Year Review and need to be realistic about the fiscal prospects for the country—based on past views in interviews and articles. A general call on those who relate to Africa and its leaders not to ingratiate or praise all “popular policies and initiatives”, even ...

President of DR Congo, Mr Felix Tshisekedi is said to have invited Engineers and Planners, an independent mining construction company, to start commercial mining of bauxite in the Democratic Republic of Congo (DR Congo). In addition to that, Engineers and Planners is to help build the capacity of the power sector in DR Congo. President Tshisekedi is said to have ...

The Ghana Cocoa Board (COCOBOD) has challenged claims by the Minority in Parliament that it is swindling and cheating cocoa farmers. The Minority in Parliament at a press conference in Accra on Thursday, 25 July 2019 claimed cocoa farmers are worse off under the Akufo-Addo government compared to their situation under the previous John Mahama government. The Minority also accused ...

The Coalition of Textile Workers has said jobs of its members are under threat with the unbridled dumping of pirated fabrics in the Ghanaian market. The group is therefore calling for an emergency meeting with the Trade Minister Alan Kyeremateng on Monday August 5, to address the phenomenon. Below is the full statement   Source: Starrfm.com.gh Share on: WhatsApp

Official spokesperson for Ghana Cocoa Board (COCOBOD), Mr. Fiifi Boafo, has rejected a Bloomberg report Friday claiming Ghana Cocoa got no buyers on first market appearance since $400 premium. Ghana and Ivory Coast, the world’s largest producers of cocoa early this month announced every tonne of their cocoa sold on the market will attract a $400 living income differential (LID), ...

The Ghana Cocoa Board (COCOBOD) and its subsidiary the Cocoa Marketing Company (CMC) Limited have clarified that Ghana has not failed to secure a buyer for its 2020/21 cocoa beans. There were media reports over the weekend that Ghana had failed to secure a buyer for its cocoa beans after lifting the ban on the sale of cocoa to the ...

IBM’s first female Country Director in Africa, Angela Kyeremanten-Jimoh has taken a leave of her position as country director of IBM Ghana to take on a new role at IBM’s corporate headquarters located in New York, United States of America. In a letter sent to clients and stakeholders of IBM Ghana, IBM stated that Angela will be taking on a ...

THE CENTRAL Bank has said gaps in the country’s revenue mobilization, coupled with the increasing spate of spending, could pose risks to the country’s macroeconomic stability if not addressed. The aforementioned concerns have slowed down the pace of fiscal consolidation, the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, stated on Friday at a press conference in Accra, ...