Gov’t 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...
Implement Minerals Dev’t Fund Act – Chamber of Mines
The Ghana Chamber of Mines has parried blame over the under development of mining communities in Ghana, saying government must respond to the situation.
The Ghana Chamber contends that despite the meagre percentage of disbursement...
Financial institutions to publish bank-specific cyber security policies
Financial institutions will soon be required to publish their bank-specific cyber security policies. This directive from the Bank of Ghana, will come into force when parliament passes the Payment Systems and Services Bill.
Cyber-attacks on...
Unibank takeover: Local banks to face panic withdrawals – Minority
The Minority Spokesperson on Finance Cassiel Ato Forson has said the decision by the Bank of Ghana to handover the management of unibank to KPMG will trigger capital flight among indigenous banks.
The Central Bank, as...
Beware of fake insurance products – Commissioner
The Commissioner of Insurance has expressed worry about the increasing number of fake insurance products on the market.
Justice Yaw Ofori is blaming the country’s low insurance penetration for this development.
Less than two percent of...
Ghana committed to free trade – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says Ghana is fully committed to the success of the Continental Free Trade Area (CFTA), after its formal launch in Kigali, Rwanda, at an Extraordinary Session of the Assembly...
GTBank Ghana records significant growth in profit
Guaranty Trust Bank (Ghana) Limited has posted a pre-tax profit of GHS127.5 million for the 2017 financial year representing a 20% growth over previous year’s GHS106.5 million. This is the eleventh (11th) successive year...
World Bank vice president visits Ghana
World Bank Senior Vice President and General Counsel, Ms Sandie Okoro has arrived in Ghana on a four-day mission, after which she will visit Liberia as part of a 6-day regional visit.
Okoro’s mission will...
uniBank takeover: BoG being used – Minority
The minority in Parliament believes finance minister Ken Ofori Atta is using the Central Bank to destroy businesses purportedly linked to the opposition National Democratic Congress (NDC).
Speaking on Starr Today, Tuesday, March 20, 2018,...
uniBank takeover: No customer will lose money – BoG
The Bank of Ghana has assured customers of uniBank that their savings are safe, despite handing over management of the financial outfit to KPMG.
The Central Bank, as regulators, said the audit firm will manage...