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...

Huawei pledges more investment in Ghana     

Vice President Dr. Mahamudu Bawumia has visited Huawei's Executive Briefing Center in Beijing where in a telepresence video conference system interacted with its Ghana employees as part of his official visit to China recently. He...

USAID study examines cost of trading in Ghana and impact on TFA

Importers in Ghana pay an average of 6.5 percent of the value of their goods in fees at the various ports in the country. This, is according to a survey, conducted by the USAID on...

Gov’t, Unilever announce plans to transform oil plantation

The Government of Ghana and Unilever have announced a Joint Vision to transform the Twifo Oil Palm Plantation (TOPP) into a state-of-the-art sustainable palm oil plantation. Vice President, Dr Mahamudu Bawumia and Unilever Global CEO...