File photo of a local beach Some foreign tourists who thronged Accra’s beaches to relish the serenity the beaches provide have urged the Government to fix sanitation issues at the beaches. Whiles expressing love for the country’s beaches as it satisfied their needs of relaxation and entertainment, the tourists said with good sanitation, the beaches could be the toast ...
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GRA to roll out e-platform for property rate payment on January 1
Business News of Friday, 30 December 2022 File photo The Ghana Revenue Authority has said it is commencing the implementation of a unified common property rate platform from New Year’s Day. It is doing so in conjunction with the Metropolitan, Municipal and District Assemblies. “Effective January 1, 2023, the Ghana Revenue Authority (GRA) will be partnering the Metropolitan, Municipal and District Assemblies (MMDAs) in ...
Read More »First gold-for-oil consignment arrives January 2023 – Bawumia
Business News of Thursday, 22 December 2022 Source: classfmonline.com Vice President of Ghana, Dr Mahamudu Bawumia Vice President, Dr Mahamudu Bawumia, has announced that the country will take its first consignment of oil under the gold-for-oil policy in January 2023. “I am happy to announce that the Government of Ghana has concluded the arrangements for the operationalisation of the ‘Gold for ...
Read More »Reduce prices now – Akufo-Addo appeals to traders
Business News of Monday, 19 December 2022 President of Ghana, Nana Addo Dankwa Akufo-Addo President Akufo-Addo has asked manufacturers, traders, and transport operators in Ghana to reduce their prices as the Cedi stabilizes. There is some jubilation on the streets as the Ghana Cedi surges against the dollar. Interbank exchange rates announced by the central bank on Friday, October ...
Read More »GRA retrieves over US$93 million revenue via informants’ scheme
Business News of Monday, 19 December 2022 The Ghana Revenue Authority (GRA) is the revenue arm of government The Ghana Revenue Authority has recovered in excess of US$ 93 million and an additional GH¢421million from multinational and local companies operating in the country through its informants’ reward scheme. These were ordinarily taxes which the state could have lost as a result ...
Read More »Government to suspend debt service payments under certain categories – MoF
Business News of Monday, 19 December 2022 Finance Minister, Ken Ofori-Atta Government through the Ministry of Finance has said it will suspend all debt service payments under certain categories of the country’s external debt component. The move according to government is an interim emergency measure pending further agreement with the relevant creditors while some analysts have described it as Ghana ...
Read More »Cedi stages shocking comeback with 63% gain against dollar
Business News of Monday, 19 December 2022 File photo of Ghana cedis and dollar notes Businesses and households can now breathe a deep sigh of relief, as the Ghana cedi has seen a shocking recovery against the US dollar as of mid-December – appreciating by 63.7 percent. This comes as an unprecedented surprise, since just a few weeks ago the ...
Read More »Cedi stages shocking comeback with 63% gain against dollar
Business News of Monday, 19 December 2022 File photo of Ghana cedis and dollar notes Businesses and households can now breathe a deep sigh of relief, as the Ghana cedi has seen a shocking recovery against the US dollar as of mid-December – appreciating by 63.7 percent. This comes as an unprecedented surprise, since just a few weeks ago ...
Read More »LIVESTREAMING: Ken Ofori-Atta holds press briefing on the economy
General News of Monday, 19 December 2022 play videoFinance Minister, Ken Ofori-Atta The Ministry of Finance is holding a press conference to provide an update on the Ghanaian economy. This comes after Ghana and the International Monetary Fund on December 13 reached a staff-level agreement for an amount of US$3 billion under an Extended Credit Facility covering a three-year period. Although the ...
Read More »Persons with no immediate use for dollar should be barred from buying them – Economist
Business News of Friday, 16 December 2022 Dollar bills An economist at the University of Ghana, Professor William Baah-Boateng, has asked the Bank of Ghana to ensure that persons who do not need dollars for business or payment of fees are not given access to buy them. According to him, such persons also account for the depreciation of the cedi. ...
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