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Business
Govt to borrow ¢4.59bn fresh loans in quarter 2, 2022
Ken Ofori-Atta, the Finance Minister
Government will borrow ¢4.59 billion as fresh funds in the second quarter of this year to finance part of its budget.
This will, however, be higher than the…
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BOST records ¢291.02m loss in 2020
coronavi
The Bulk Oil Storage and Transportation (BOST) posted a loss of ¢291.02 million in 2020, according to the 2020 State Ownership Report.
This represents a 186.97% increase on the net loss of…
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Salaries paid through mobile money will attract E-Levy – GRA
Workers who receive their salaries through mobile money platforms may have to brace themselves.
This is because a portion of their money is expected to be affected by the recently passed E-Levy.…
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ECG goes after Communications Ministry, EOCO, over GH¢9.8 million debt
Electricity Company of Ghana (ECG)
The Electricity Company of Ghana, (ECG) has served disconnection and demand notices on some heavily indebted public and private institutions.
According to the…
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No real estate company is authorised to charge in dollars; it weakens the Cedi – BoG
Bank of Ghana
The Bank of Ghana (BoG) says no real estate company in the country has been authorised to price or transact business in foreign currencies.
Head of Financial Stability for BoG noted…
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E-Levy implementation to start from May 1st, 2022 – GRA
Ghana Revenue Authority
The Ghana Revenue Authority (GRA) has announced May 1st, 2022 as the implementation date for the Electronic Transaction Levy (E-Levy).
In a notice served by the GRA, it said…
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Expand tax net – GUTA to govt
Dr. Joseph Obeng
President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has reinforced calls by some Ghanaians for government to continuously expand the tax net to rope in more…
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BoG warns public about illegal forex activities
The Bank of Ghana (BoG) has once again warned the public (companies, institutions and individuals) to desist from unauthorized dealings in foreign currency.
This is in accordance with the Foreign…
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Kantanka Automobile features in Bawumia’s state of economy address
Chief Executive Officer, Kwadwo Safo Kantanka Junior
Vice President Dr Mahamudu Bawumia has said the facilitation of the growth of an automotive industry is on course.
Addressing Ghanaians on…
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Debt will have stood at 68% of GDP, but for COVID-19, others – Bawumia
Vice President Dr Mahamudu Bawumia
Ghana’s debt will have stood at 68% of Gross Domestic Product if COVID-19, Financial Sector and Energy Sector debts were excluded.
According to Vice President, Dr…
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