30000000UTC4621pm18, 112018vUTC11bUTCWed, 21 Nov 2018 12:32:46 +0000 13, 2018
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Contaminated Chinese drugs will not enter Ghana—Customs

The Ghana customs has allayed fears of possible circulation of contaminated medicine on the Ghanaian market. An alert sent by the Customs Division warned security agencies to look out for drugs and capsules contaminated with human remains. The drugs which were from China were seized by the Border Control Officers ... Read More »

We’ll resolve BoG, Communication Ministry impasse over MoMo monitoring – Ofori-Atta

Finance Minister, Ken Ofori-Atta says the seeming impasse between the Bank of Ghana and the Ministry of Finance over the monitoring of mobile money transactions will be resolved soon. Speaking on Point of View on Citi TV, Ofori-Atta said going forward, the Ghana Revenue Authority will come out with ways ... Read More »

Ghana will not be affected by China oil import cut—ACEP

The Africa Center for Energy Policy (ACEP) is confident Ghana will not be negatively affected by China’s recent decision to cut its imports of oil from West Africa. China recently took the decision to cut imports of West African oil to the lowest in seven months in November, due to ... Read More »

Ghana’s tax laws unfavorable to local companies—Tax consultant

According to them, the country has not benefited much from such a regime as lot of companies who  are given the incentives are multinationals who mostly repatriate their profits to their home countries. Free Zones companies for instance enjoy up to ten years tax holiday. Speaking to Citi Business News ... Read More »

Delay in policy implementation causing revenue shortfall—Ofori-Atta

The Finance Minister, Ken Ofori Atta has attributed the shortfall in revenue despite new tax measures to the delay in enforcing the tax policies. He is however anticipating that the government should be able to improve its revenue collection going forward with the rolling out of some of the tax ... Read More »

Chamber of Mines hopeful of gold price increase next year

The Ghana Chamber of Mines is expecting production to peak in the mining industry next year following plans by some major companies to commence massive productions. The chamber is expecting Newmont Gold Mine and Anglogold Ashanti to start different developments on their concessions. Speaking to Citi Business News on the ... Read More »

We’ve resources to implement 2019 budget— Ofori-Atta

The Finance Minister, Ken Ofori-Atta has given a strong assurance that government is well prepared to pool together the needed resources to fund the projects outlined in the 2019 budget. The comment was in reaction to concerns raised by some stakeholders about how government was going to raise money to ... Read More »

Gov’t to create conducive environment for private sector—Ahomka Lindsay

Government has reiterated its commitment towards providing the necessary environment for the private sector to thrive. The business community is yet to respond to the 2019 budget as a section including the Association of Ghana Industries and the Beverage Producers Association were pushing for a review of the new VAT ... Read More »

BoG not taking over Ideal Finance, disregard false stories – Management

Ideal Finance has asked the public to disregard a publication online which indicated that the Bank of Ghana was about to take over the finance house due to liquidity challenges. The publication by www.mynewsgh.com, said the Finance Minister, Ken Ofori-Atta, in an interview on Accra-based Peace FM, had suggested that the ... Read More »

UK shares remain fragile amid Brexit turmoil

The UK stock market has slipped lower amid the political fall-out from Theresa May’s Brexit plan. The FTSE 100 share index ended 0.3% lower at 7,013.88, with shares in UK-focused stocks such as banks and housebuilders continuing to slide. However, the pound – which suffered its biggest fall for two ... Read More »

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