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Upward revision of benchmark values false – GRA

The Ghana Revenue Authority has debunked rumours circulating on social media that benchmark values on imports have increased. In a statement released to Ghanaweb and signed by the Commissioner General of GRA, Emmanuel Kofi Nti said prices of products still remain unchanged stating that reports making rounds indicating the upward revision of the benchmark should […]Read More
Business

Ghana marks Telecommunications Day

Ghana has joined the rest of the world in the celebration of 50th anniversary of the World Telecommunications and Information Society Day (WTISD). This year’s WTISD celebration took place on Friday, May 17, in Accra, under the global theme: ‘Bridging The Standardization Gap.’ The flags of Ghana, United Nations and the International Telecommunications Union (ITU) […]Read More
Business

Kumasi Metro to partner Media General to grow SMEs

The Kumasi Metropolitan Assembly has expressed its readiness to partner Media General in growing Small and Medium Scaled Enterprises in Ghana. This, the assembly believes is key for national development. The Mayor of Kumasi Metro, Osei Assibey, speaking to Grace Hammond Asare during Media General’s Start-up and Funding Summit in Kumasi, said the assembly has […]Read More
Business

Smuggling of petroleum products reduces

The fight against the smuggling of petroleum products has yielded positive results, as the menace has not been recorded since the beginning of the year. The country lost close to GH¢1 billion in revenue to petroleum smuggling activities in 2017 because of miscreants who brought in petroleum products in vessels which docked on the high […]Read More
Business

Newmont Ghana is now Newmont Goldcorp Ghana

Ghana’s leading gold producer, Newmont Ghana, has welcomed the successful completion of the transaction creating the world’s leading gold company, Newmont Goldcorp, and looking forward to a safe and orderly integration. The transaction closed on 18 April, 2018, and the Company’s business in Ghana is now called Newmont Goldcorp Ghana. “Newmont Goldcorp features an unmatched Read More
Business

SEC’s argument rubbished

Caution by the Securities and Exchanges Commission (SEC) to investors about high return investments has been described as unsound by the head of an institution that champions private sector development. Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu II, has said on the Business Edition of PM Express on Thursday that […]Read More
Business

Fuel prices to remain stable – IES

The prices of fuel in Ghana are expected to remain stable following the cedi’s appreciation against the dollar, the Institute for Energy Security (IES) has said. The IES said in a statement on Thursday, 16 May 2019 said: “The cedi’s appreciation against the U.S. dollar could render the marginal increase in the prices of finished […]Read More