Business News of Monday, 22 July 2024   Source: thebftonline.com   Ghana Revenue Authority (GRA) The Ghana Revenue Authority (GRA) has said it is finalising processes to capture some two million potential informal sector taxpayers into the tax net. Speaking to the B&FT at a media briefing in Accra, Commissioner, Domestic Tax Revenue Division, GRA, Mr. Edward Gyambrah said plans are far ...

Business News of Friday, 12 July 2024 Source: www.ghanaweb.com Rock City Hotel is owned by Agriculture Minister, Bryan Acheampong   Rock City Hotel has withdrawn its bid to purchase 60 percent of the shares of four hotels owned by the state-owned entity, Social Security and National Insurance Trust (SSNIT). The hotels in question are Labadi Beach Hotel, La Palm Royal Beach ...

Business News of Tuesday, 9 July 2024 Source: thebftonline.com   Kwaku Ofori Asiamah, Minister of Transport The Chief Director of the Ministry of Transport (MoT), Mabel Asi Sagoe, has stated that the contract with Ashanti Port Services Limited (APSL), the concessionaire selected to develop the Boankra Integrated Logistics Terminal (BILT), was terminated by mutual agreement. Speaking to members of the Parliamentary Select ...

Business News of Wednesday, 10 July 2024 Source: thebftonline.com File photo of Cedi notes   A series of positive developments – including a significant IMF disbursement, a deal struck with external commercial creditors and tapered corporate demand – have collectively helped to ease pressure on the cedi (GH¢). Last week the GH¢ held steady against the US dollar (US$), buoyed by ...

Business News of Thursday, 4 July 2024 Source: Ministry of Roads   Minister of Roads and Highways, Francis Asenso-Boakye   The Parliament of Ghana, this afternoon, passed a bill establishing the National Roads Authority. This was after the Minister for Roads and Highways, Francis Asenso-Boakye, had moved a motion in the house during the third reading of the National Roads Authority Bill. ...

Business News of Thursday, 4 July 2024 Source: www.ghanaweb.com   The reported deadline is set for July 31, 2024   Several commercial banks in Ghana are reportedly initiating the closure of individual foreign currency savings accounts, with a deadline set for July 31, 2024. In a report by CitiBusiness News, these banks are said to be encouraging customers to transfer their ...

Business News of Tuesday, 2 July 2024 Source: www.ghanaweb.com Business News of Tuesday, 2 July 2024 Source: www.ghanaweb.com   Bank of Ghana Headquarters   GhanaWeb Business has learned that the third tranche of Ghana’s IMF bailout package, totaling $360 million, has been deposited into the Bank of Ghana‘s account. Sources within the bank, speaking on the condition of anonymity, have confirmed the receipt of ...

Business News of Wednesday, 3 July 2024 Source: www.ghanaweb.com   Minister of Food and Agriculture, Bryan Acheampong Dr Solomon Forkuo Kwarteng, a lecturer at the Kumasi Technical University (KsTU), has argued that the campaign by the North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, against the purchase of SSNIT’s stakes in four hotels by Rock City Hotel management is borne out ...

Business News of Friday, 28 June 2024 Disclaimer Source: thebftonline.com The figure is marginally lower than the US$4.7 billion recorded in 2023 In 2023, Sub-Saharan Africa saw remittance flows reach US$54 billion, with Ghana among the largest beneficiaries, receiving the second highest inflows within the region, the latest World Bank Migration and Development Brief has shown. During the period under consideration, ...

Business News of Friday, 28 June 2024 Source: www.ghanaweb.com Nana Akomea and Dr Seidu Mumuni of MUUS Transport after the signing ceremony A new partnership between the Intercity STC and MUUS Transport Alliance Cooperation is expected to see some 100 new buses from China brought in to augment the fleet of the Ghanaian company but August 2024. This was announced by Nana ...