Business

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 ...

The Director-General of the Ghana Standards Authority, Professor Alex Dodoo, has underscored the need for countries in the sub-region to adopt trade-enhancing measures among the countries to help eradicate poverty among its people. “The time has come to use metrology and measurement to improve poverty level, without these signs we will fail, this is something that the sub-region cannot afford ...

Ghana has been described as a less preferred destination for businesses; even in the West African sub-region. General Manager of Kina Group, Nuamah Eshun-Famiyeh who made the assessment said in comparison to Nigeria, Ghana is a less preferred destination. This, he said is contrary to how Ghana sees itself as a “fantastic” business destination Contrasting Ghana with Nigeria, Eshun-Famiyeh said ...