Category: Business

Following the directive from the Commissioner General of the Ghana Revenue Authority (GRA), the implementation of the revised Electronic Transfer Levy (E-Levy) rate of 1% by mobile service providers will begin from tomorrow January 11, 2023. The service providers are Airtel Mobile Commerce (Ghana) Limited, GCB G-Money, Mobile Money Limited, Vodafone Mobile Financial Services Limited...

The Ghana Union of Traders Association has appealed to President Nana Addo Dankwa Akufo-Addo to appoint a person of the same stature as Mr Alan Kyerematen to be the next Minister of Trade and Industry following the resignation of Mr Kyerematen. The union indicated that Mr Kyerematen did an excellent job while in office therefore, they expect the new substantive...

The Chamber of Petroleum Consumers (COPEC) Ghana, is demanding a significant reduction in the prices of Liquefied. Petroleum Gas (LPG), after prices of some petroleum products dropped in the recent pricing window. The Chamber’s call is coming at a time, prices of diesel and petrol went down by about 8 percent on January 1, 2023....

Fund management company Databank will reopen its independent branches on January 10, 2023 – the first time since December 22, 2022, following a shutdown resulting from physical and verbal attacks on its staff by some of its clients. The staff of the fund management company have been working remotely and engaging clients on digital platforms...

The Director of Business Operations at Dalex Finance, Joe Jackson, has urged the government to expedite negotiations on the debt exchange programme by the end of January 2023 or the country will be heading for “doomsday”. Speaking on the Citi Breakfast Show on Wednesday, January 4, Mr Jackson said the government must change its approach...

The Ghana Union of Traders Association (GUTA) has commended the Bank of Ghana (BoG) and the government for the efforts at stabilizing the value of the Cedi. GUTA urged the bank and the government to continue with more efforts to sustain the programme and bring reliefs to businesses. “As the value of the Cedi begins to appreciate,...

The Director of Communications for the New Patriotic Party (NPP) Mr Richard Ahiagbah has appealed to transport owners and businesses to readjust the prices of their goods and services to reflect the reduction in fuel prices. In his view, light is appearing at the end of the tunnel following the reduction in fuel prices. The...

Development Bank Ghana (DBG) has participated in the Global 2022 CEO Forum of African Development Finance Institutions organised by the Association of African Development Finance Institutions (AADFI) in collaboration with the Citizen Entrepreneurial Development Agency (CEDA). The event was held in Gaborone, Botswana under the theme “Building partnerships for resource mobilization in financing Sustainable Development...

The Finance Minister, Ken Ofori-Atta has assured that the Ghana Cares Obatampa project will create employment opportunities for the country’s youth as their services are engaged in an all-year-round agriculture farming project. The minister said the aim of the project is to bring together Ghanaians towards a common profitable objective, especially towards economic recovery. The...

The value of the local currency keeps strengthening against the US dollar and all the other major foreign currencies, few days after government announced a Debt Exchange Programme. Checks by Joy Business at some foreign bureaus within the capital city of Accra has revealed that the local currency is going for an average of ¢13...