Business

The Communication Service Tax (CST) has taken effect but many in the public remain unaware of its implementation. The CST was hiked from six per cent to nine per cent in the mid-year review and supplementary budget presented to Parliament by Mr Ken Ofori-Atta, the Minister of Finance. This, would affect the cost of telecommunication services rendered to customers by ...

The Ministry of Employment and Labour Relations (MELR) is working with stakeholders to streamline standards and centralise employment statistics generated within the productive sectors for effective reporting and targeting. This, the Ministry said, would ensure easy disaggregation and analysis of employment data by the Ministries, Departments and Agencies and the Metropolitan, Municipal and District Assemblies for use by policymakers towards ...

Vodafone Ghana says it started charging its customers the revised Communication Service Tax (CST) from this month.  In a notice, the telecoms operator noted that “this is to inform you that increment in the Communication Service Tax (CST) as announced in the Mid -Year Budget Review took effect from August 19.”  Vodafone added that the review of the tax from ...

The Ghana Revenue Authority (GRA) has directed the Telecom Operators to start charging their customers the revised Communication Service Tax. The directive JoyBusiness understands was contained in a letter to the telcos on September 4 2019. This was after the levy together with taxes outlined in the Supplementary Budget, secured President Akufo Addo’s signature last month. For now, the implementation ...

The governments of the United States of America and the Republic of Ghana signed a Declaration of Partnership at the African Green Revolution Forum hosted in Accra.  The Declaration launches a five-year Feed the Future Country Plan for Ghana that will increase investments in agriculture, build greater resilience, and improve household nutrition. Feed the Future is the U.S. Government’s global ...

Twenty Four Rural and Community Bank Managers across the country have pledged their commitment to offer credit facilities to farmers with Warehouse Receipts from certified warehouses. The bank managers also indicated that giving more loans to the farmers will enable them to increase their agricultural portfolios while supporting farmers to produce more food to expand their respective local economies. The ...

The President of the Ghana Union of Traders Association, Dr. Joseph Obeng has told traders in Ghana, to take advantage of the African Free Continental Free Trade Area. “This is one of the best things to happen to the continent of Africa and we are excited and keen to have it. To think about a creation of a market the ...

Agric Minister, Dr Owusu Afriyie Akoto as cited the low welfare of smallholder farmers as the leading challenge to improving crop yields in Ghana. The minister, at the Leadership for Agriculture Forum, has revealed that some radical programs will be adopted in the coming weeks to make Ghana’s smallholder farmers well-resourced and competitive. “Our smallholder farmers are one of the poorest ...

Prices of various petroleum products have started going up from Monday after the Oil Marketing Companies (OMCs) were directed by the National Petroleum Authority (NPA) to start applying revised Energy Sector Levies. The NPA’s directive is as announced in the Supplementary Budget presented by the Finance Minister, Ken Ofori-Attah. Based on the revision petrol would witness a ¢0.20 adjustment, while Diesel ...

Vice President Dr Mahamudu Bawumia on Wednesday launched the GH Dual Card, a two-in-one card that contains both the e-zwich and gh-link applications. The card, which is an initiative of the Ghana Interbank Payment and Settlement Systems (GhiPSS), would enable cardholders to either use it as e-zwich, gh-link or both as desired by the customer. It has been designed to ...