Category: Business
Panic withdrawals hit mobile money nationwide over 1.7% e-levy
Ghanaians across the country are rushing to Mobile Money Vendors to cash out their deposits before the 1.7% Electronic Transaction Levy (e-levy) t [...]
Gov’t has reduced withholding tax rate for sale of unprocessed gold – Ofori Atta
Finance Minister Ken Ofori Atta has said that exports of unprocessed gold by small-scale miners through official channels have dwindled from over [...]
Gov’t introduces e-levy on mobile money transactions
Finance Minister Kenneth Nana Yaw Kuntunkunuku Ofori-Atta has announced a new levy to be charged by government in 2022 on all electronic transacti [...]
Overpopulation in Accra is affecting development — Senior Economist
Mr Habibu Adam, an economist, said the Greater Accra Region is the smallest by land mass in Ghana but has overtaken Ashanti as the most populous r [...]
Agric minister lied that food prices are dropping – Traders
Traders in some markets in Accra have said the Minister of Food and Agriculture, Dr Owusu Akoto Afriyie peddled falsehood when he said food prices [...]
Gov’t just want our businesses to collapse over removal of 50% benchmark values — Asante Business Owners Association
The Executive Secretary of Asante Business Owners Association, Charles Kusi Appiah Kubi has said the reversal of the 50percent benchmark values clea [...]
Ghana, Tanzania, Ethiopia, 30 others on World Bank’s heavily indebted poor countries’ list
There are currently about 34 African countries on the World Bank and IMF’s heavily indebted countries’ list, according to data obtained by Busines [...]
Banks’ credit growth weak despite sector’s strong performance – BoG
The Bank of Ghana has revealed that an assessment of the banking sector as at end-August 2021 indicated that the sector’s performance remained stron [...]
Banks have strong capital to withstand shock – BoG assures
Banks in Ghana are well liquid to withstand shocks, the Banking Sector Developments Report – September 2021, released by the Bank of Ghana (BoG), [...]
Afram Plains: 35-year-old man arrested over attack on MoMo vendor
35-year-old Elisha Asante, who is suspected to have taken part in the robbery attack on a mobile money vendor which resulted in the death of a bys [...]