SSNIT

SSNIT saves GH¢130m in three years as it blocks ‘ghosts’ from withdrawing from scheme

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The Social Security and National Insurance Trust (SSNIT) has saved an amount of GH¢130 million in the last three years through the cleaning of the pensioner’s payroll, the Director-General, Dr John Ofori-Tenkorang, has said. He said this was done by deleting ‘ghost names’ on the payroll list every year. “Our current pension scheme says when …

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Tax

Telcoms Chamber advocates for digitization of payment of tax

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The Chief Executive Officer of the Ghana Chamber of Telecommunications, Ken Ashigbey, says the government’s agenda to digitize the economy will make it easier for payment of taxes, especially by the country’s informal sector. The collection of taxes from people within the informal sector has remained one of the biggest challenges for the Ghana Revenue …

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Senyo

Not much will change on Ghana’s business landscape post COVID-19 – Senyo Hosi

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CEO of Chamber of Bulk Oil Distributors (CBOD), Mr Senyo Hosi, has said while businesses in other parts of the world are adapting and responding to the changes caused by the coronavirus pandemic, not much seems to be happening in Ghana. According to him, it appears nothing will change after COVID-19, because at the national level, …

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UDS

Three UDS students win GH¢45,000,00 business support fund

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Three students of the University for Development Studies (UDS) have each received GH¢15,000.00 to implement their business ideas to help create jobs to reduce dependence on government for employment. The three students, Miss Mariam Sulemana, Ms Christiana Opoku and Master Abdul-Hakim Zakaria, presented innovative business ideas in the areas of agriculture technology and nutrition, which …

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private sector

Credit to private sector improves amid recovery in economic activities

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Credit to the private sector grew at a faster pace in October compared with a year ago, as the economy recovers from the effects of COVID-19. Central bank data show that the year-on-year growth in private sector credit stood at 13.4 percent in October compared with 13.1 percent in October 2019. The total value of outstanding …

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Companies

Change auditors before August 2022 – Registrar General directs companies

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Private companies have been directed to replace their auditors that have served for more than six years. The affected companies are to comply with the directive before August 2022, the Registrar General, Mrs Jemima Oware, told the Graphic Business on Tuesday. Mrs Oware said the move was in compliance with Section 139 (11) of the …

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mobile

Mobile industry tax contribution hits GH¢3.2billion in 2019

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The Ghana Chamber of Telecommunication on Tuesday said the mobile network operators and infrastructure companies contributed GH¢3.2billion in taxes and other remittances to the government in 2019. The taxes include total taxes borne, total taxes collected and other payments and remittances. Value Added Tax (VAT) stood as one of the top tax lines of the …

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