A new port clearing system that is expected to reduce clearance cost and time in line with the World Customs Organization’s Trade Facilitation Agreement is rather giving importers headache at the ports.
The Ministry of Trade and Industry has signed an agreement with Park Agrotech Ghana Limited, a company incorporated in Ghana and operating in the agribusiness sector to operate the defunct Komenda Sugar Factory, the sector Minister John Alan Kyerematen has said.
Telecoming, the leading company in the development of digital services monetization technologies, lands in Egypt to promote digital entertainment. In a first stage, Telecoming will distribute Real Madrid official contents through local mobile operators who rely on Telecoming to increase their user engagement.
The Minister of Tourism and Creative Arts, Barbara Oteng-Gyasi, has revealed that Ghana’s successful organization of the ‘Year of Return’ brought in US$3.312billion. “By the end of the year, international arrivals reached 1.13 million, from 956,372 in 2018, a 27 percent growth which was above the global average of 5 percent. The average expenditure per […]
Despite receiving some financial help from the International Monetary Fund, the World Bank and the Stabilization Fund of the country amounting to US$1.569billion, Ghana still needs GH₵17.9billion to address its fiscal gap as a result of the impact of the novel Coronavirus (COVID-19), the Finance Minister, Ken Ofori-Atta has revealed.
The Human Rights Division of the Accra High Court presided over by Justice Gifty Agyei Addo has dismissed an application by the Bank of Ghana (BoG) seeking to halt proceedings in a case initiated against it by HODA Holdings. The BoG was challenging the decision of the High Court that dismissed their claim earlier that […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 19th May, 2020, launched the GH¢1 billion Coronavirus Alleviation Programme Business Support Scheme, which is being provided by Government and selected participating banks to micro, small and medium-scale businesses around the country.
The Conference of Heads of Private Second-Cycle Schools (CHOPSS) and the Ghana National Association of Private Schools (GNAPS) have sent an SOS message to the President, Nana Addo Dankwa Akufo-Addo, appealing to him to help save their collapsing business. They want the President to give them a stimulus package that will revitalize their business and […]
Painstaking investigations conducted into the operations of the newly Integrated Customs Management System (ICUMS), otherwise known as UNIPASS, has revealed that their system is not connected to that of the Driver and Vehicle Licensing Authority (DVLA). The situation has, therefore, exposed revenue leakages associated with the ICUMS platform unlike the Ghana Customs Management System (GCMS) […]
The management of the Electricity Company Limited (ECG) has expressed worry about intermittent power supply currently being experienced in some parts of the Ashanti Region. Businesses in the region are bearing the brunt of the outages in power supply with the utility company also suffering revenue losses. According to the Managing Director of ECG, Kwame […]
The Obuasi Municipal Assembly has shutdown the Obuasi Central Market among two others. The move is to enforce physical social distancing and other protocols of Covid 19 to mitigate spreading of the viral disease in the mining city. The Municipal Assembly has also directed all drinking spot operators to also close down shops to business […]
The Minister of Finance, Ken Ofori-Atta, is expected to be in Parliament on Monday, March 30, 2020, to brief Members on the impact of the coronavirus (COVID-19) pandemic on the Ghanaian economy. The briefing, www.politicoghana.com understands, will mainly focus on Government’s COVID-19 Alleviation Program that seeks to minimize the adverse impacts of the coronavirus on […]