Business

Contract Act amendment to prohibit compound interests payable by state-AG

According to him, The Contracts (Amendment) Act 2023 (Act 1114), which was sponsored by his outfit, ...

ORC begins nationwide inspection of businesses, companies March 25

“In view of the above our Company Inspectors with their identification tags will visit all Business ...

BoG suspends forex trading licences of GTBank and FBNBank

The suspension is also in accordance with section 11 (2) of the Foreign Exchange Act 2006, (Act 723)...

ORC begins processes to strike out 8531 defaulting companies from its register

The ORC said the decision has become necessary to purge the register of dormant companies and compan...

Do not operate in Ghana if you are unlicenced - Cyber Security Authority warns as it bars unaccredited entities

In a statement Thursday, the Authority said the directives follow the lapse of the December 31, 2023...

‘Create stand-alone gender policy in petroleum value chain’

They also urged PC to give 30 percent of allocation to women under the local content Law by 2025....

Ride-hailing vehicle owners to pay Vehicle Income Tax from 1st January, 2024

GRA said in a statement that all commercial vehicle owners, including ride-hailing drivers, must pay...

The trade-finance gap is holding back developing economies

It is no secret that countries that have achieved sustained high growth and major reductions in pove...

Justice Sophia Akuffo, IEA urge Parliament not to ratify lithium agreement

This was disclosed at a forum to present the findings of an analysis conducted by the think-tank to ...

We’ll be better off banning selected products than restricting them – GUTA

President of the association, Dr Joseph Obeng stated that it is important for every country to achie...

GUTA, 5 others petition Parliament against passage of Import Restrictions L.I.

The L.I if passed, will compel importers of 22 restricted items, including poultry, rice, sugar, dia...

Review Exemptions Act to serve intended purpose-Freight forwarders

The law, which was assented to in September 2022 to regulate the application of tax exemptions and o...

Suspend proposed partnership agreement with Tema Energy-OSP directs TOR

It notes that it has commenced an analysis of the risk of corruption in respect of the proposed part...

MTN’s appeal against imposed tax liability fails at the High Court

In its judgment, the court presided over by Justice Afi Agbanu held that the Commissioner General di...

Desist from dealing with these eight unlicensed money transfer organisations - BoG cautions

“By this Notice, all market players are reminded of the directives above and entreated to comply acc...

2024 Budget: Check out the 8 tax reliefs by government

“Mr Speaker, further to the above, the following reliefs have been prioritized for implementation,"...

GARIA unveils maiden Corporate Insolvency and Restructuring Journal

The inaugural edition of the Corporate Insolvency and Restructuring Journal features 11 high-quality...

10 years of LI 2204: Joe Wise bemoans low local input in upstream petroleum sector

He has thus tasked the Petroleum Commission to do more to train more Ghanaians to participate in the...

Nigeria saved from $11bn pay-out by London court

The award, first made in 2017 and then increased in 2019 to include interest, amounted to a huge chu...

NPA sanctions seven OMCs for illicit practices

The companies are said to have specifically violated Unified Petroleum Pricing Fund (UPPF) regulatio...

Private Members Bill presented to remove taxes on menstrual hygiene products

The Bill particularly seeks to amend the VAT (Amendment) Act, 2022 (Act 1082)...

AfDB debars Beza Consulting Engineers PLC for 15 months for fraudulent practices

At the expiry of the debarment period, Mr Gidey Gebrezgabher Gebremariam will only be eligible to re...

MTN Mobile Money Limited collaborates with EOCO to fight organised crime

As part of efforts to stay ahead of financial and organised crime, the Economic and Organised Crime ...

Bank fined £5.4m after energy traders used WhatsApp

Regulator Ofgem said the bank breached rules requiring firms to record messages linked to energy tra...

New BoG Head Office: 'No procurement laws were broken'- Governor

Dr Addison again maintained that the project has thus been going on for over 3 years even before the...