General
Verna Purified Water shines at Ghana Beverage Awards night
Following a huge display of creativity and innovation to canvass the most votes, Verna Purified Water has been adjudged the ultimate winner at the just-ended Ghana Beverage Awards (GBA) held at the Kempinski Gold Coast City Accra. The awards night which saw Verna Purified Water beat Star Beer, Malta Guinness, Bel-Cola, Vitamilk Regular, Tampico, Coca-Cola, […]
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Featured
GRA-SML deal: KPMG’s selection an illegality, unprofessional behaviour – Domelevo
Former Auditor-General Daniel Yaw Domelevo has criticised the selection of KPMG to audit the contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML), describing it as illegal and unprofessional behaviour. President Nana Addo Dankwa Akufo-Addo ordered KPMG to audit the contract between the two entities on January 2, 2024. Following the […]
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Sports
GFA Rallies Support For Beach Soccer
FLASHBACK: GFA President Kurt Okraku receiving the five-year Action Plan from Ghana Beach Soccer Chairman Ampofo Ankrah as other officials look on The country’s football governing body, Ghana Football
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Business
Minority demands publication of KPMG audit report on SML-GRA contract
The Minority in Parliament is demanding the publication of the KPMG audit report on Strategic Mobilization Ghana Ltd (SML) and Ghana Revenue Authority (GRA) contract. President Akufo-Addo has stated that the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue Authority (GRA) will have to renegotiate the fee […]
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Featured
Election 2024: Resist political manipulation – NMC Chairman tells journalists
Yaw Boadu-Ayeboafoh, Chairman of the National Media Commission (NMC), has called on journalists not to allow themselves to be manipulated by politicians ahead of the 2024 general elections. Speaking at the launch of the 30th Anniversary of Radio Univers, Mr Ayeboafoh emphasised the need for unwavering commitment to journalistic ethics. He urged reporters to prioritise […]
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Business
ZEN Petroleum fuels brighter futures with GH¢2m education investment
… partners Future Leaders School alongside Akwaaba Volunteers In a powerful display of corporate social responsibility, ZEN Petroleum Limited has announced a landmark GH¢ 2 million commitment to bolster the educational environment at Future Leaders School (FLS) in La Kpeshie, Accra. This transformative partnership with Akwaaba Volunteers aims to empower underprivileged children through quality education […]
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Business
Lay KPMG audit report on SML-GRA contract before Parliament – Adongo tells Akufo-Addo
Isaac Adongo, Ranking Member on the Finance Committee of Parliament has asked President Nana Addo Dankwa Akufo-Addo to lay KPMG’s audit report on the revenue mobilisation agreement between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML) before Parliament. KPMG, an auditing firm, has finalised and presented its report on the GRA-SML contract […]
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Business
Release KPMG’s report on GRA-SML probe – Bright Simons to Akufo-Addo
Vice President of IMANI Africa, Bright Simons has called on President Akufo-Addo to make public the KPMG’s report on the investigation conducted on the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) deal. President Akufo-Addo says the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue […]
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Editors Pick
Godwin Attram, Maxwell Konadu, three others earn national team appointments
The Ghana Football Association (GFA) has appointed five coaches to lead the national teams in its efforts to enhance youth football’s developmental structures. They are Godwin Attram, Maxwell Konadu, Yaw Preko, Abdul Karim Zito, and Nurudeen Amadu. Four of these coaches have been assigned to the newly formed male national teams, U-15, U-18, U-19, and […]
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Business
GRA clarifies taxes for resident individuals in Ghana
The Ghana Revenue Authority (GRA) has clarified the status of resident individuals for tax purposes. According to the GRA, the clarification is on the back of concerns raised by the general public on the tax status of individuals who earn incomes abroad and whether they are deemed by the Tax laws as “resident individuals” for […]
The post GRA clarifies taxes for resident individuals
Business
Former PPA CEO pleads not guilty to fresh charges, granted GHc4m bail
The former Chief Executive Officer (CEO) of the Public Procurement Authority (PPA) Agyenim Boateng Adjei has pleaded not guilty to fresh charges by the Office of the Special Prosecutor (OSP). This comes barely an hour after the OSP dropped charges against him and his brother-in-law Francis Kwaku Arhin in the previous charge sheet filed on […]
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Business
Subsidising petroleum products only way to reduce price hikes – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
The post Subsidising petroleum
Business
Subsidies are key to mitigating petroleum price escalation – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
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Business
Fuel price hikes: Strengthening Cedi must be top priority – COPEC
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […]
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General
Your fines to us unlawful, a breach of natural justice – ECG board to PURC
Board Members of the Electricity Company of Ghana (ECG) have described as unlawful and a breach of natural justice the decision by the Public Utility Regulatory Commission (PURC) to impose a GHC5.8m fine on them for alleged regulatory non-compliance. In a letter written by their lawyer, Yaw Acheampong Boafo on their behalf, the board members […]
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General
EOCO clears Roads Ministry of corruption allegations in contract awards
The Economic and Organised Crime Office (EOCO) has concluded its investigations into alleged organised crime in the award of contracts at the Ministry of Roads and Highways. The probe stemmed from claims made by Professor Stephen Adei, a former Rector of the Ghana Institute of Management and Public Administration (GIMPA). In October 2023, Professor Adei […]
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Business
Govt to tax foreign incomes of resident Ghanaians to replace VAT on electricity
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […]
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Business
Taxing foreign incomes of resident Ghanaians a smart approach – Tax Analyst
Francis Tomore Boi, a renowned Tax Analyst, has endorsed the government’s initiative to tax the foreign incomes of resident Ghanaians as a strategic move to address the revenue shortfall resulting from the abandoned VAT on electricity. He described this as a smart move by the government. His comments are on the back of the government’s […]
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Featured
Kwesi Nyantakyi hospitalised ahead of Ejisu NPP primary
Former President of the Ghana Football Association, Kwesi Nyantakyi, who is contesting the New Patriotic Party’s parliamentary primary in the Ejisu Constituency, has been hospitalized. A source from his campaign team confirmed to Citi News that Mr. Nyantakyi suffered stomach pain on Friday night and was taken to the hospital for treatment. According to the […]
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