Sunday , 17 February 2019
Home » Business

Business

Ghana’s oil production to go up to 500,000 barrels – Minister

Mr Ken Ofori-Atta, the Minister of Finance has said the overall crude oil production from Ghana is expected to more than double over the next four years. “Overall, crude oil production is expected to increase from 196,089 barrels per day in 2019 to 420,020 barrels per day in 2023,” he said, adding that, the first oil from the Aker fields …

Read More »

GAT confident of successful bond listing

Management of the Ghana Amalgamated Trust (GAT), says it is confident of a successful bond issue which should afford it the resources to run its programmes without any hitches. Managing Director of the Trust, Mr Eric Otoo, told this paper “we are confident that GAT will close the bond listing successfully and generate the total target for its programmes.” GAT …

Read More »

Learn from AirtelTigo to avoid business collapse – Deputy Minister of Trade and Industry

Deputy Minister of Trade and Industry, Carlos Kingsley Ahenkorah, has called on dying industry players to merge with their counterparts to stay in business and also create more job opportunities for Ghanaians. Speaking at the official launch of the AirtelTigo business at the Mariott Hotel in Accra, he said, “It is very sad that when many companies do not do …

Read More »

Ghana’s oil production estimated to go up substantially

A Government delegation led by Finance Minister, Ken Ofori-Atta, on Wednesday announced to investors in Oslo, Norway, that they are expecting the overall crude oil production in Ghana to more than double over the next four years. Addressing the meeting of 20 key international companies, Ofori-Atta, stated that Ghana has re-asserted itself strongly as a key destination for petrochemical industry …

Read More »

2019 ‘Closed Season’ set for May 15 – June 15

AS PART of the government’s efforts, through the Ministry of Fisheries and Aquaculture Development and the Fisheries Commission, to replenish the country’s depleting fish stock, fishermen are expected to observe closed season between May 15 and June 15, 2019. This was after the move was suspended in 2018 to allow the fisher folks to prepare themselves adequately for its observation …

Read More »

Ghana’s oil production to go up to 500k barrels per day by 2024

Finance Minister Ken Ofori Atta has announced that Ghana’s overall crude oil production is expected to more than double over the next four years. This comes after Aker Energy ASA confirmed a significant offshore resource base in Ghana with a declaration to scale up new development in the Deepwater Tano Cape three points block (DWT/CT). Last month, Aker Energy ASA …

Read More »

Ghana at Huawei ICT competition in South Africa unveiled

Management of Huawei Technologies, Ghana has unveiled a three-member team to represent Ghana at the Huawei ICT Regional Competition 2018/2019 in South Africa in March. The team includes Joshua Ofori Boateng; Level 400 Telecom Engineering Student, Gerald Philip Bassah, Level 400 Computer Engineering Student and Timothy Seffah-Duodo also a Level 400 Computer Engineering Student all from the Kwame Nkrumah University …

Read More »

Tax Stamp: GRA seizes cartons of drinks from retail shops in Accra

The Ghana Revenue Authority (GRA) Tuesday seized cartons of carbonated drinks and water from retail shops in Accra for failing to comply with the tax stamp policy. The move according to the GRA is to ensure full compliance of the excise tax law. The Head of Excise Unit at the GRA, Kwabena Ampaw told JoyBusiness that they will enhance enforcement …

Read More »

Ghana’s tax laws not friendly to small businesses – Tax expert

A Senior Tax Partner at PricewaterhouseCoopers (PwC) George Kwatia has described Ghana’s tax laws as not so friendly to small businesses. Mr Kwatia was responding to concerns by some small firms of serious challenges when it comes to meeting their tax obligations. He was speaking at the JoyBusiness Knowledge Series: Powered by PwC – Intellitax: Paying Taxes Intelligently at the …

Read More »

Agric Minster and Staff deserve awards – Aide

Special Aide to the Ashanti Regional Chairman of the ruling New Patriotic Party (NPP), Mr. Andy Owusu has described Agric Minister, Dr. Owusu Afriyie-Akoto and other staff of the Ministry of Agric (MoA) as the best performing minister under the Akufo-Addo led government. “Dr. Afriyie Akoto, his able deputies and staff at the Agric Ministry were outstanding in the delivery …

Read More »