Latest Updates
The Ghana Revenue Authority (GRA) is to review its customs administrative law to make it simple and clear to tax payers, Mr. Dominic Naab, an auditor and special aide to the authority’s Commissioner-General, has said. “Some stakeholders have raised concerns about certain aspects of the customs tax and administration (system), and the Commissioner of Customs …
Ghana’s national year-on-year inflation rate has once again taken an upward turn, albeit marginally, after two months of consecutive drops, to hit 7.8 percent in June 2021. This increase is 0.3 percentage points higher than the 7.5 percent recorded in May this year. Inflation is often referred to as a “measure of the increase in …
Inflation rises for first time since February 2021; now at 7.8% Read More »
Facebook is rolling out a way to designate topic “experts” inside user-run Facebook groups. The social network says the new feature is designed to help real experts “stand out” in discussions about their field of expertise. Group admins will have the power to give the title to nearly any member they want. That could mean …
Step up Business school, a competency-based training institution has launched an initiative here in Accra to nurture young entrepreneurs to thrive in their various fields. The project dubbed, “Learn-Do-Grow” aims at eradicating unemployment and overreliance on the government for employment opportunities amongst the youth. The project has three phases that are geared towards equipping the …
STEP UP BUSINESS SCHOOL LAUNCHES THE “LEARN-DO-GROW” INITIATIVE Read More »
Elon Musk has revealed that he does not enjoy being the boss of Tesla. “I rather hate it and I would much prefer to spend my time on design and engineering,” he told a US court. Tesla’s billionaire founder was speaking at the start of a trial where he is accused of pressuring the firm’s …
Tesla: Elon Musk ‘rather hates’ being company boss Read More »
Ghana is set to commence the piloting of its electronic currency by September this year. This is according to the First Deputy Governor of the Bank of Ghana, Maxwell Opoku-Afari. According to him, the introduction of the Central Bank’s Digital Currency (CBDC) is crucial as the pandemic has quickened the drive towards a cash-lite economy …
Ghana to start piloting electronic cash by September 2021 – BoG Read More »
Plans are far advanced for the Bank of Ghana to introduce a digital currency, according to a Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi. Last month, the central bank announced plans to start a three-phased pilot of the currency to determine its feasibility and subsequent circulation. Speaking to the media at a …
Bank of Ghana still working to introduce digital currency – Deputy Governor Read More »
The stock market value of Facebook has topped $1 trillion for the first time after the tech giant won a court victory against US regulators. A federal court dismissed two lawsuits, from the Federal Trade Commission (FTC) and a coalition of states, sending Facebook shares up 4.2%. It took the value of Facebook above $1tn, …
Facebook joins $1 trillion club after anti-trust victory Read More »
A Banking consultant, Dr. Akwasi Atuahene, has called on the Bank of Ghana to take action against financial institutions that fail to implement its new directives to stop deducting some charges and fees on the accounts of customers. The Central Bank in a statement on Friday, June 18, 2021, directed banks and Specialized Deposit-Taking institutions …
Mr Kobina N. Otoo, Commercial Manager of the Takoradi Container Terminal (TACOTEL), has stressed the need for all stakeholders, especially the business community, to partner with each other to bring the Port of Takoradi to its full operational capacity. He said the Terminal could do more in cargo handling but was currently operating under capacity …
Stakeholders asked to help bring Takoradi Port to full operation Read More »
