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Over 80,000 smallholder farmers to benefit from the 4R Solution Project

The Co-operative Development Foundation of Canada and Fertilizer Canada have partnered to advance sustainable agriculture in Ethiopia, Ghana and Senegal as part of the 4R Solution Project. The project is supported by Global Affairs Canada and focuses on the incorporation of the 4R Nutrient Stewardship (Right Source @ Right Rate, Right Time, Right Place®) into fertilizer management practices in order …

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BoG unhappy with receivers, describes receivership process as too slow

The Bank of Ghana has expressed its frustration over the slow pace of work by the two receivers appointed in the aftermath of seven banks collapsing over the last two years. Speaking in an interview on the sidelines of IMF/World Bank Spring Meetings in Washington, DC, Dr. Ernest Addison said the Bank’s high expectations in recovering as much assets from …

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Tax consultants must enlighten clients on how to enjoy tax rebates – Ali-Nakyea

Tax consultant and fellow of the Chartered Institute of Taxation Ghana; Abdallah Ali-Nakyea has urged tax consultants to stop conniving with their clients to rob the state. Ali-Nakyea; who is also the Managing Partner of Ali-Nakyea & Associates explained tax consultants must introduce their clients to tax planning where the consultant helps the client put his or her tax affairs …

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Government to consider possible review of taxes on aviation fuel – Kwaku Kwarteng

The Ministry of Finance has announced that it is working to reduce the cost of aviation fuel and other taxes for airline companies operating in Ghana. The move is among others, to make Ghana more competitive in the aviation industry within the sub-region. Deputy Minister of Finance, Kwaku Kwarteng disclosed the plan at the third breakfast meeting for players within …

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Suame Municipality generates GH¢1.2 million as revenue

The Suame Municipal Assembly in the Ashanti Region raked in a total of GH¢1, 213, 040.54 as revenue for the year 2018. This represented 85.42 per cent of the targeted revenue of GH¢1, 420, 112.19. Dr John Osei Bobie Boahin, the Municipal Chief Executive (MCE), who disclosed this said for the first quarter of this year, the Assembly had collected …

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Ghana Gas saves $5,000 monthly after local engineers took over from expatriates – Energy Committee

Members of Parliamentary Select Committee of Mines and Energy have commended Ghana National Gas Company over the indigenisation of the company which saves the country over 5,000 dollars every month. According to them, the monies saved every month was as a result of the work of local engineers who took over from the expatriate staff. The Members of the Parliamentary …

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US Visa Investment scheme launched in Ghana

The Atlantic American Partners (AAP) on Tuesday launched the United States (US) Federal Government EB-5 Investor Visa scheme in Ghana to both ease the migration processes of potential investors and refund of investment later. The investment scheme is a foreign investor programme that allows potential investors or prospects an opportunity to invest in the US economy along with other numerous …

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Speaker of Parliament calls for reduction in cost of in-tra West Africa trade

Prof. Aaron Michael Oquaye, the Speaker of Parliament has suggested to the ECOWAS Parliament to come out with mechanisms to reduce the high cost of transporting goods within the sub-region. He identified the private sector as a formidable source of funding infrastructural development to boost intra-regional trade, which may also go for the development of the transport sector in the …

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GRA to introduce mobile payment in widening tax net

The Ghana Revenue Authority (GRA) plans to introduce the payment of Vehicle Income Tax (VIT), Personal Income Tax and e-tax stamp via mobile phones in order to widen the tax net. Speaking at a sensitisation programme for stakeholders, Mr Kwasi Bobie-Ansah, the Head of Communication and Public Affairs at the GRA, said it was time the Authority departed from its …

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SSNIT identifies threat to scheme’s sustainability

The Social Security and National Insurance Trust (SSNIT) has identified the biggest threat to the sustainability of the scheme and has therefore adopted measures and policy interventions to deal with the emerging hiccups. “After prudent managerial auditing, we have identified among other things that in the current global technological advancement and changing phases of pension schemes good quality human resource …

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