IMF deal: Ghana to receive $116m July
Ghana is set to receive some $116 million under its three-year programme with the International Monetary Fund (IMF) this month.
This will be after the IMF Board gives its approval when it meets this month...
Gov’t sets up C’ttee to review IGFs
Government is in the process of reviewing all Internally Generated Funds in the country.
As a result, the Finance Minister, Ken Ofori Atta has put together a committee to look into the existing policy which...
East African Economic Bloc tops others in trade diversity
Executive Vice President, Governance, of Afreximbank Dr George Elombi has said the East African Community stands out within Africa’s regional economic blocs for the diversity of its trade and for the level of integration...
Dirty oil saga murkier than thought – Petroleum Chamber
The Executive Secretary of the Chamber of Petroleum Consumers, Duncan Amoah, has stated that the circumstances leading to the sale of contaminated fuel by BOST to Movenpiina is murkier than anticipated.
“The scam and the...
3% VAT flat rate takes off
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...
Bucharest, Budapest back to TAP’s network
TAP operation between Lisbon and the cities of Bucharest and Budapest has begun. These destinations are now back to the destinations map of the Portuguese Airline, and joins the 44 international European destinations already...
China’s $9tn bond market opens up to foreign investors
A long-awaited scheme enabling foreign investors to buy and sell Chinese bonds has been launched.
The Bond Connect programme is Beijing's latest attempt to open up its financial markets and attract foreign capital.
China's $9 trillion...
1-district-1-factory won’t compete with existing factories – Minister
The Volta Regional Minister, Dr. Archibald Letsa has disclosed that, Agro-base Processing factories which are already operating in some districts of the region will not be given any competition from the government’s 'one-district-one-factory' policy.
The...
I’ll sue Ken Agyapong – Senyo Hosi
The CEO of the Chamber of Bulk Oil Distributors Senyo Hosi is threatening to drag New Patriotic Party (NPP) MP for Assin Central to court for allegedly maligning him.
Mr. Hosi is demanding an apology...
Dirty oil saga: Calls for BOST MD interdiction unwarranted – Majority
The Majority in Parliament has described as ridiculous calls for the interdiction of the MD of the Bulk Oil Storage and Transportation (BOST) company, Alfred Obeng, following disclosures that he sanctioned the sale of...