Business

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Reduce e-levy, introduce 0.5% charge on cashouts – Telecos Chamber to govt

The Ghana Chamber of Telecommunications (GCT) has called on the government to lower the Electronic Transfer Levy (E-levy) from 1%…

Producer Price Inflation falls to 9.6%

The Producer Price Index (PPI) for October 2023 fell to 9.6%, data from the Ghana Statistical Service has revealed. This…

GRA confiscates illicit tobacco products valued at ¢7.9m

The Customs Division of Ghana Revenue Authority (GRA) has confiscated a substantial quantity of illicit tobacco products, which were unlawfully…

BoG suspends, fines Zeepay for breaching forex rules

The Bank of Ghana (BoG) has fined fintech company, Zeepay Ghana Limited, for breaching the country’s forex law. In addition,…

Expedite efforts to address bad fuel menace – COPEC to NPA

The Chamber of Petroleum Consumers (COPEC) has urged the National Petroleum Authority (NPA) to quickly address the recently sprouted bad…

Inflation to end 2023 at 31.3% – Ofori-Atta

The government is targeting an end-period inflation of 31.3% in 2023. However, it expects inflation to slow down to 15.0%…

NAM1 gave police GH¢2.5m not GH¢5m – Godfred Dame

The government has denied claims by the Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah, also known…

Pressure on cedi mounts; one dollar equals ¢12.13

The high demand for the US dollar continues to weigh on the Ghana cedi as the local currency lost some…

GRA closes Chinese company Sol Cement for ₵700m tax default

The Ghana Revenue Authority (GRA) has closed down a Chinese cement manufacturing company, Sol Cement, for not paying taxes. The…

CIB Unit of Absa Bank Ghana Donates Computers to Choggu Yapelsi M/A JHS

In an era where technology plays a pivotal role in nearly every aspect of life, the Corporate and Investment Banking…
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