Akufo-Addo gas and oil field

Gov’t focused on more oil discoveries – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in the Voltaian Basin. According to President Akufo-Addo, 17 years ago,...

Bond saga: Petitions will deepen investor confidence – Ayine to IFS

A former deputy Attorney General and Minster of Justice Dr. Dominic Ayine has poopooed warnings by the Institute of Fiscal Studies (IFS) that the minority’s insistence of insider-trading and conflict of interest in the...

Nana Addo turns valves for first oil from FPSO Kufuor

President Akufo-Addo was today joined by officials of Sankofa-Gye Nyame Oil and Gas field to turn valves for formal commercial production on the field in the Western region. According to Starr News’ Wilberforce Asare, the...

BoG gives authorisation for GN Bank Mobile Money

The Bank of Ghana has given authorisation to GN Bank to introduce mobile money to the public. The BoG authorisation paves the way for the bank to introduce this unique service which combines mobile money...

Access Bank to reward customers

Access Bank has introduced an innovative group based promotion geared at increasing the banked population and also to boost saving culture in Ghanaians. According to the company, development is key to supporting economic growth. The promotion...

Suspend 3% VAT Flat Rate – AGI

The Association of Ghana Industries (AGI) wants the government to immediately put the implementation of the three percent VAT flat rate on hold. AGI wants government to get back to the consultation table with stakeholders...

Ofori-Atta faces Parliament over 3% VAT Flat rate

The Minister of Finance Ken Ofori-Atta is expected to face parliament today, Thursday July 6, 2017 to answer questions over the controversial 3 percent VAT Flat Rate. The Ghana Revenue Authority (GRA) on July 4,...

IMANI demands fresh probe into BOSTGATE

Policy think tank, IMANI Ghana has waded into the controversy surrounding the sale of contaminated fuel to Movenpiina, calling for fresh investigations into it. The Bureau of National Investigation (BNI) Tuesday exonerated the BOST MD...

What is VAT Flat Rate?

The Ghana Revenue Authority (GRA) has commenced the application of the 3% VAT Flat Rate to replace the previous 17.5% Input – Output VAT computation approach effective July 1, 2017. The old approach, which suffered...

Gov’t reviews BOST operations to end fuel contamination

Government has set up a committee to review the operations of BOST aimed at ending the recurring contamination of fuel. Announcing the establishment of the committee Tuesday at a news conference, the Minister of Energy...