The Consolidated Bank Ghana (CBG) has been recognised by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year. The award, presented by the CEO of GIRSAL, Kwesi Korboe to the Managing Director of the bank, was to affirm that […] The post
…the facts SML discussions ignore Until mid-December last year, Strategic Mobilisation Ghana Limited (SML) was like any ordinary business in the country – judiciously deploying its skills and talents in the concerted effort of nation building. Except for a few publications, mostly on its numerous corporate social responsibility (CSR) activities, the indigenous business quietly worked […] The post
Newage Agric Solutions Limited, in collaboration with Greenland Seeds Limited and the Plant Protection and Regulatory Services Department (PPRSD) of the Ministry of Food and Agriculture (MOFA), recently embarked on a seed training program for 67 youth farmers in the Volta Region of Ghana. The training, which took place from 18th to 22nd December 2023, […] The post Newage
The Ministry of Education has reaffirmed its commitment to supporting Science, Technology, Engineering, and Mathematics (STEM)-centered inventions through a $60 million skill development fund provided by the World Bank. Speaking during a news conference in Accra, the sector minister, Yaw Osei Adutwum, urged individuals to leverage the available government resources to commercialize their inventions. “The […] The post Education
A Tax Analyst, Francis Timore Boi, has lauded the government’s move to introduce the Vehicle Income Tax (VIT). The Ghana Revenue Authority (GRA) announced that effective January 1, 2024, ride-hailing vehicle owners will be taxed. However, this has been met with resistance from the Online Drivers Union, who lament that as key stakeholders, the GRA […] The post Tax
The Ghana Revenue Authority (GRA) has reminded the public that a 10% tax will be withheld from all gross winnings from lotteries, betting, gaming, and other games of chance starting January 1st, 2024. This applies to both the National Lottery Authority (NLA) and private lotto operators (PLOs). While the tax was originally implemented in August […] The post GRA announces
Parliament has approved the Value Added Tax Amendment Bill 2023 which imposes a 5 percent flat rate for the rental of commercial premises and the sale of immovable property by an estate developer. The VAT Amendment Bill 2023 also seeks to introduce a zero rate on locally produced sanitary pads and waive VAT on the […] The post Parliament passes VAT Amendment Bill appeared first on
A major lesson from the past few years is that technology will continue to drive the growth of almost every sector of the economy. Mobile technology in particular remains a cornerstone, with mobile penetration contributing to the sector’s vibrancy. The proliferation of smartphones has opened up new opportunities for innovation, fostering the growth of mobile […] The post
The Ministry of Works and Housing has announced that the government’s initiative to implement an Accra Flood Early Warning System (FEWS) is a crucial component of its efforts to mitigate flooding in the capital. The Sector Minister, Francis Asenso-Boakye, highlighted the government’s commitment to providing necessary resources to all relevant agencies responsible for raising awareness […] The post Works
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