Business Local News 

GRA tax campaign bolstered as NCCE vows to intensify education

The Ghana Revenue Authority (GRA)’s tax compliance campaign received a major boost between May and June this year during the National Commission for Civic Education (NCCE)’s Citizenship Week. At least over two million junior high students across the country went through various education, covering the environment and taxes, during the week-long activities. Under the ‘Catch Them Young’ project, the students… Read More

Energy Ministry denies awarding over GHC100 million sole-sourced contract

The Ministry of Energy has denied that it has awarded a sole-sourced contract worth GHC100,260,000 to Imperial Limited. The details of the alleged contract published on the website of Public Procurement Authority, have gone viral on social media. However, the ministry has denied the allegation saying, it has never awarded a sole-sourced contract since the government assumed office in 2017.… Read More

Government halts levy on condoms, 63 commodities

The government has instructed the Ghana Revenue Authority to immediately stop the charging of import VAT on some 64 commodities including condoms (sheath contraceptives). The directive follows a meeting by the Economic Management Team headed by the Vice President Dr. Mahamudu Bawumia on Wednesday, March 21, 2018 after an extensive consultation with various stakeholders. The Import VAT on the 64… Read More

Remaining GHC181m NHIS debt to be cleared this year

Government has cleared the greater part of GH¢1.2 billion owed the National Health Insurance Scheme (NHIS) – leaving an outstanding GH¢181 million that will be cleared before end of the year, Deputy-Health Minister Kingsley Aboakye Gyedu has disclosed. The debt inherited by the NPP government affected drugs supply and other logistics needed to efficiently run the scheme across the country.… Read More

Digicut extends IPO until March 23

Following the successful launch of its initial public offering (IPO) early this month, Digicut Production & Advertising Limited, a subsidiary of Groupe Nduom (GN), a multinational company, has extended its IPO to March 23, 2018. The move, according to management of the company, is to allow more Ghanaians within and outside the country, investors and foreigners to participate. This was… Read More