Tuesday, March 4, 2025

Finance

Gov’t unveils Revenue Assurance and Compliance Initiative to bolster tax collection

GNA - Vice President Dr Mahamudu Bawumia on Wednesday launched the Revenue Assurance and Compliance Enforcement (RACE) initiative to enhance the government's revenue mobilisation drive. The RACE is a multi-agency initiative to identify and eliminate revenue leakages while reinforcing the...

Bank of Ghana wins arbitration against Sibton Switch Limited

GNA - A Tribunal constituted under the auspices of the London International Court of Arbitration has dismissed all claims brought by Sibton Switch Systems Limited against the Bank of Ghana for terminating the Master Agreement for the Ghana Retail...

ADB to finance Anglican Church Rubber Project

GNA - The Agricultural Development Bank Limited (ADB) is to provide funding support to the Accra Anglican Dioceses for the development of a rubber plantation project. The project to be located on a One Thousand (1000) Acres land at Assin...

Producer Price Inflation for July 2021 falls to 8.4 percent

GNA - The year-on-year Producer Price Inflation (PPI) rate for July 2021, fell to 8.4 percent compared to 10. 1 percent recorded in June.The rate represents a 1.7 percentage point decrease in producer inflation relative to the rate recorded in...

Bank of Ghana wins Central Bank of the Year Award

GNA - Bank of Ghana has been adjudged the Central Bank of the Year by the African Leadership Magazine, which unveiled the winners of the 2021 African Business Leadership Awards (ABLA) on Monday. The awards attracted over 300, 000 entries...

ECG paid more than GH¢182m to Cenit Energy in 2018

GNA - The Electricity Company of Ghana (ECG) has paid a whopping amount of GH¢182,576,235.15 to Cenit Energy as capacity charges for electricity not supplied for 12 months in 2018. However, Cenit supplied only 300.00kWh and 2,220,900.00kWh in August and...

Let’s invest more in customer education to curb mobile money fraud – Eli Hini

GNA - Mr Eli Hini, Chief Executive Officer of Mobile Money Limited, a subsidiary of MTN Ghana, has advised stakeholders in the digital financial ecosystem to allocate more resources towards customer education to eradicate mobile money fraud. He said education...

US$4.15 million recovered out of US$11,794,109 indicated as loss – SSNIT

GNA - The Social Security and National Insurance Trust (SSNIT) says that, of the US$11,794,109 indicated as loss through the liquidation of three companies, US$4. 15 million has been recovered. It said efforts were still ongoing to make further recoveries of...

Internal Audit Agency awards Tema Metropolitan Assembly

GNA - The Internal Audit Agency, at the Office of Government Machinery on Thursday awarded the Tema Metropolitan Assembly as the ‘’best head of covered entity that supports internal Audit Unit” MMDA/RCC Category. The citation of the award, which was...

Year-on-Year July 2021 inflation inches up at 9.0 per cent

GNA - The Year-on-year inflation rate for July stood at 9.0 per cent compared to 7.8 per cent in June, the Government Statistician Professor Samuel Kobina Annim said on Wednesday. Speaking at a press briefing in Accra, Prof Annim said...
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Latest News

Suspect Arrested for Damaging Vehicles at Parliament, Identity Unknown.

An unidentified man has been arrested for allegedly vandalizing vehicles on the premises of Ghana’s Parliament today in Accra.  Reports...
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