Drivers of commercial vehicles are counting their losses, as theCOVID-19 restrictions imposed some three months ago continue to bite deeper into their pockets. With investments made into the provision of veronica buckets, water basins, soap and sanitizers at the various lorry stations, to enable passengers to wash and sanitize their hands before boarding vehicles, drivers whose daily dues were used ...
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FULL TEXT: Deputy BoG Governor speaks on MSME manufacturing capabilities, response to coronavirus
The President of the ENGINE Business Network (EBN), members of the EBN, distinguished speakers, invited guests and participants, good morning. 1. I am very honoured to join you today, and I thank the Executives and members of the EBN for inviting me to deliver the keynote address. 2. This important forum falls on no less a day than the day ...
Read More »Venture Capital Scandal: Court rejects Duku’s repayment plan for the second time
The court presided over by Justice Anthony Oppong, a Justice of the Court of Appeal, with additional responsibility as a High Court judge, turned down the offer with the explanation that the court in its discretion was not satisfied with the terms of agreement considering the fact the accused persons were not willing to pay the restitution at a goal ...
Read More »We need paradigm shift in attitudes to achieve ‘Ghana Beyond Aid’ – Panellists
Panellists at a virtual forum on COVID-19 and the vision of ‘Ghana Beyond Aid’ have called for a paradigm shift in attitudes of Ghanaians to achieve the agenda of economic self-sufficiency. They asked the Government to infuse the Charter of the Ghana Beyond Aid into the curricula of the education system at all levels to ensure the youth-owned the programme. ...
Read More »Govt prepares to outdoor national airline with global resumption of air operations
Minister of Aviation, Joseph Kofi Adda, has said that government is aggressively working to ensure the country’s new national airline commences concurrently with the global resumption of air operations. According to him, even though the partial closure of borders worldwide has come at a great loss to players in the sector, the country has a rare opportunity to tap some ...
Read More »Car dealers to hit the street over ban of overage and accident cars
The Automobile Dealers Union of Ghana has threatened to demonstrate if government fails to amend aspects of the Customs (Amendment) Act, 2020. The said Customs (Amendment) Act bans the importation of second-hand cars of more than ten years old, and salvage cars, locally referred to as ‘accident cars’. General Secretary of the Automobile Dealers’ Union of Ghana, Clifford Ansu, stated ...
Read More »MoFA cautions vegetable farmers against misuse of agro-chemicals
The Ministry of Food and Agriculture (MoFA) has cautioned farmers against the misuse of agro-chemicals on vegetables to protect themselves and consumers from food poisoning. Mr Michael Kumah, the Ahafo Regional Plant and Protection Officer of the Plant Protection Research Services Directorate (PPRSD) of the MoFA advised vegetable farmers to check labels of agro-chemicals when they buy and applied them ...
Read More »110,000 businesses apply for GH¢600m stimulus package
The Government of Ghana CAP Business Support Scheme (CAP BuSS) has received over 170,000 successful registrations on the online portal, with about 65 per cent of this number successfully completing applications. In a statement issued by the National Board for Small Scale Industries (NBSSI), Executive Director of NBSSI, Mrs Kosi Yankey-Ayeh said due diligence on the successful applications was on-going ...
Read More »Coronavirus: Bring back luxury vehicles tax to address revenue shortfalls – Expert
A tax expert and the Fiscal Policy Lead at Oxfam Ghana, Dr. Alex Ampaabeng is calling on the Akufo-Addo-led government to re-introduce the Luxury Vehicles Tax which was abolished in 2019 few months after its introduction amidst criticisms. Ghana’s overall fiscal deficit for the year 2020 is expected to increase from the programmed GH¢18.9 billion (4.7% of GDP) to GH¢30.2 ...
Read More »Komenda Sugar Factory will operate – Alan assures
Trade Minister Alan Kyerematen has that the Komenda Sugar Factory cannot be handed over to the concessionaire unless sugar policy to guide the operations of the factory has been put in place. The Factory in the Central Region was set to begin operations in mid 2020. But Alan Kyerematen told Parliament on Wednesday June 3 there is the need for ...
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