Dr. Maxwell Opoku-Afari The Bank of Ghana (BoG) has held a virtual stakeholder workshop on Payment Systems and Service Act, 2019 (ACT 987). The workshop was held on June 2,
Covid-19 Impact: Tourism Sector Makes $171 Million Loss
Barbara Oteng-Gyasi The tourism and hospitality sectors have recorded a $171 million loss in revenue due to the adverse impact of coronavirus. Minister of Tourism, Culture and Creative Arts, Barbara
‘Be Compliant To Enjoy Tax Incentives’
Dr Abdallah Ali Nakyea DR. ABDALLAH Ali Nakyea, a tax analyst, has called on companies which want to enjoy government’s tax incentives to ensure they comply with the country’s tax
Komenda Sugar Factory Gets Strategic Investor
Alan Kyerematen Cabinet has approved Park Agrotech Limited, a Ghanaian company in the agribusiness sector, as the preferred strategic investor for the Komenda Sugar Factory. Minister of Trade and Industry,
ICUMS Take Off Amidst Setbacks At Tema Port
OPERATIONS AT the Tema Port on Monday were confronted with several challenges, following the implementation of the much anticipated Integrated Customs Management System (ICUMS) formerly known as UNIPASS. There were
Stanchart Appoints Abbas Hussain
Abbas Hussain STANDARD CHARTERED has announced that Abbas Husain has been appointed Regional Head of Corporate Finance, Africa and the Middle East (AME). Bringing over nearly 24 years of banking
GSE Amends Price Movement Rules
Ekow Afedzie, Managing Director of GSE THE GHANA Stock Exchange (GSE) has, with the approval of the Securities and Exchange Commission (SEC), amended its rules onprice movement. The amended rules
Railway Workers To Get Pay Arrears
Some railway workers on the job MINISTER for Railway Development, Joe Ghartey, has assured that government will begin the payment of three months’ salary arrears to workers of the Ghana
Large-Scale Gold Mining Output Up By 6%
Eric Asubonteng GOLD OUTPUT from the large-scale mining sector increased six per cent to 2.989 million ounces in 2019 from 2.807 million ounces in 2018. The Ghana Chamber of Mines,
BOST Margin Goes Up By 100 %
Prices of petroleum products are to rise significantly after Cabinet’s approval of a 100 per cent increment in the Bulk Oil Storage and Transportation Company Limited (BOST) Margin. According to
ICUMS Assumes Single Window Operations At Tema Port
A section of Tema Port THE DEPLOYMENT of the Integrated Customs Management Systems (ICUMS) which was quite recently referred to as UNIPASS takes off today at the Tema Port. This
Access Bank Holds Virtual AGM For Shareholders
Messrs Olumide Olatunji and Frank Beecham ACCESS BANK Ghana recently held its 12th Annual General Meeting through a virtual platform for its shareholders. The virtual AGM was held to consider
‘Beware Of Social Media Purchases’
THE CYBER Crime Unit of the Criminal Investigation Department (CID) has indicated that some criminals have resorted to the display of phony products for sale on social media and exacting