The reduction of the Communications Services Tax (CST) to four percent takes effect today Tuesday, September 15, 2020. Government in 2018 increased the CST charge from 6% to 9% after the finance minister announced it in the Supplementary Budget. However, almost a year after taking the decision, government under Akufo-Addo has backtracked on it. The …
4% Communications Service Tax reduction takes effect today Read More »
The National Board for Small-Scale Industries (NBSSI) has started disbursing GH¢50 million to private schools which applied for loans under the Coronavirus Alleviation Programme Business Support Scheme (CAP BuSS). The disbursement is expected to enable about 2,000 private schools to pay the salaries of their teachers and other members of staff. Most private schools have …
COVID-19 support to private schools: NBSSI disburses GH¢50m Read More »
Twenty (20) out of the twenty-four (24) banks licensed in Ghana by Bank of Ghana in 2019 paid a total direct tax of GH¢1.6 billion which also include the five percent national fiscal stabilization levy to Ghana Revenue Authority (GRA) the agency mandated by law to assess collect and account for tax revenue on behalf …
20 out of 24 banks in Ghana paid GRA GH¢1.6 billion as corporate tax in 2019 Read More »
Jemima Oware, the Registrar-General says the new Companies Act, 2019 (Act 992) gives new processes and procedures of registering a company in Ghana. According to her, this will promote efforts by the government of Ghana in improving the ease of doing business in Ghana. In a statement to some newsmen in Accra, the Registrar General …
Registrar-General introduces reforms in business registration under Act 992 Read More »
In a COVID-19 pandemic where new inequalities have been created with rising youth unemployment widening the gap between the rich and the poor globally, Vodafone Ghana CEO, Patricia Obo-Nai, has reiterated the need for young people to acquire digital skills. Madam Obo-Nai, who described the acquisition of digital skills among young people as no longer a choice, …
Vodafone CEO calls for the mandatory acquisition of digital skills among the youth Read More »
Google Maps has added a new feature to its app: traffic lights at intersections in a number of US cities. The tech company made the change “to help people stay better informed on the road,” a Google spokesperson said. The new road icons are visible in the app at intersections throughout US cities on both …
Google Maps quietly rolled out one of its most-requested features Read More »
CEO OF NIMED CAPITAL LIMITED Abena Brigidi is a Ghanaian investment analyst author and speaker. She is a certified financial analyst and a thoroughly bred banker with over a decade in the financial Industry. Abena is married to legal practitioner David Cobbina Brigidi. Abena Brigidi is a product of the Achimota School and Aburi Girls Senior High School. She holds a …
ABENA BRIGIDI CEO, NIMED CAPITAL Investment is when you put anything into a process and you are looking at a return higher than what you put in. So you can invest in time, in education, a car, etc., but for the purpose of this session, I would say that investment is when you use cash …
Investment: A tool for creating Corporate and Personal Wealth Read More »
The Minister of Communications, Ursula Owusu-Ekuful, has welcomed the decision of the Commercial Division of the High Court in dismissing MTN’s suit against the National Communications Authority. According to her, the ruling will give the regulator the opportunity to begin work on the implementation of specific measures within the telecommunications industry to provide a level-playing …
Ursula welcomes dismissal of MTN’s suit over market share regulation Read More »
The Director of PricewaterhouseCoopers Ghana Limited (PwC) who was appointed as the receiver for the purposes of winding down the affairs of the failed Micro Finance Companies, Eric Nana Nipah, has presented a list of all the Microfinance and Microcredit Companies without records to enable him to validate and settle these claims under the Depositor …
