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BUSINESS NEWS

Government sets up Solutions Service Unit to clamp down tax evaders

The Ministry of Finance has announced the establishment of a Solutions Service Unit at the ministry to give the general public an opportunity to offer information that could lead to the retrieval of revenues from tax evaders. The Unit is to provide an additional channel for taxpayers to report their …

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Govt To Pay NHIS Providers By May

The government has announced that it will pay all amounts owed providers under the National Health Insurance Scheme (NHIS) by the end of April, 2017. Health Minister Kwaku Agyeman-Manu, who revealed this at the ministry’s annual summit in Kumasi on Wednesday, April 19, said government would not wait until the …

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Ghana May Not Continue With Mahama’s IMF Programme- Ofori Atta Hints

It does not look like Ghana will extend its programme with the International Monetary Fund after the three year Extended Credit Facility with the fund ends in 2017. The Finance Minister Ken Ofori Atta gave the hint during a review programme with the IMF Mission in Ghana, Thursday. “We are …

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Government in GHC200m record-breaking fertiliser subsidies

Government has allocated over GH¢200 million for fertiliser subsidies for the 2017 farming season. This is the biggest subsidy allocation since the programme was instituted in 2008. Until this year, subsidy of GH¢176,746,000 provided in 2013 was the biggest. This year’s allocation of over GH¢200 million represents 50% reduction in …

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Otumfuo to perform formal opening of Kumasi City Mall on April 20

Journalists in Kumasi were last Thursday conducted round the newly constructed Kumasi City Mall (KCM), during which they were briefed on how the mall will operate when it is eventually open to the public on Thursday, April 20, 2017. The Asantehene, Otumfuo Osei Tutu II, who cut the sod for …

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Fruit Processors request for a US$10 million bailout from government

The Fruit Processors and Marketers Association of Ghana has requested for a US$10 million bailout from the government to be able it to boost pineapple farming in the country. The funds are needed to help the association to venture into large-scale pineapple farming to increase production from the present 33,000 …

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Re-engineer Akosombo to recycle water – Anokye

Water shortage at the Akosombo Dam, which leads to low power generation resulting in load shedding, can be ended if government invests in redesigning the Akosombo Dam to recycle the water collected, CEO of Koans Building Solutions, Kofi Anokye, has proposed. He explained that used water at the Akosombo Dam …

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‘Ameri Deal Is Rip Off’

Bright Simons, a brilliant social innovator and researcher, has revealed that the contract signed between the Mahama-led National Democratic Congress (NDC) government and the Middle East Resources Investment Group LLC, also known as AMERI Group or AMERI Energy “might be the most outrageous swindle this country has seen in the …

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