Business

Pay 30% revenue into Escrow Account – High Court orders Eni, Vitol

The 30 per cent revenue must be paid by the operators into an account agreed by all the contesting p...

Unfair charges, fees should be abolished-BoG to banks, SDIs

According to the Bank of Ghana, these practices are unfair and impact negatively on the financial in...

Internal Auditors urged to implement Cybersecurity Measures

The advice was necessitated by reported cybersecurity incidents involving insiders and external cons...

Bankers Association to comply with latest standards in carting huge cash

Banks have given the firm assurance of working with the various security agencies and the Bank of Gh...

Your 2023 deadline to banks to phase out substandard bullion vans is unacceptable-Dery to BoG

It has emerged that the central bank December 2020 issued several directives to financial intuitions...

BoG is a constitutional creation: It cannot decline parliamentary investigations

The central bank declined Parliament's invitation, bringing up instead, a response on its mandate an...

Stop buying or selling foreign currency or face prosecution-BoG warns unlicensed entities

“The sole legal tender in Ghana is the Ghana cedi and the Ghana pesewa. It is prohibited to price, a...

“Put ceiling on judgment debts allowed,” Oteng-Gyasi urges Parliament

Earlier in July 2019, the Finance Minister, Ken Ofori-Atta disclosed that total receipts issued as j...

Grant VAT exemption to exploration firms to avert dwindling investments – Ghana Chamber of Mines

Ghana has dropped to 4th in terms of budget for gold exploration on the continent....

Parliament to review BoG response on Unibank, UT Bank petition

The committee investigating the petition brought to parliament over the collapse of UT Bank and Unib...

BoG declines Parliamentary summons over UT Bank, Unibank closure

The Bank of Ghana has said that the petitioners should use the right channels to ensure their grieva...

IES urges government to review Petroleum Agreements amidst drawbacks in oil sector

The IES wants the government to review the royalties and taxes charged stakeholders and parties in t...

“COVID tax holidays for businesses good for SME growth” – Dr. Ali Nakyea

Senior law lecturer, Dr. Ali Nakyea is confident that the tax structure in Ghana will help SMEs surv...

Government, Stakeholders increase National Daily Minimum Wage for 2021 by six percent

The revised national minimum wage will be effective from Friday, June 4th, 2021...

E-cedi: Bank of Ghana to pilot digital currency

Ghana is in advanced stages to roll out the e-cedi...

Court Puts Injunction On Stanbic Bank AGM

A High Court in Accra has placed an interlocutory injunction restraining the management of Stanbic B...

Registrar General to map out new modified system to improve online business registration

The Registrar General says the exercise formed part of preparations in the implementation of the Com...

Prosecute perpetrators of collapsed banks — ICU

The Industrial and Commercial Workers Union (ICU) has appealed to the Attorney-General (A-G) and Min...

The role of the judiciary in revenue mobilization

The establishment of a tax court The Chief Justice of Ghana in a letter dated 16th April, 2021 an...

Uber drivers are workers not self-employed, Supreme Court rules

Uber drivers must be treated as workers rather than self-employed, the UK's Supreme Court has ruled....

Provide beneficial ownership by June 30 or be sanctioned – RGD to businesses

The Registrar General’s Department (RGD), in accordance with the Companies Act 2019 (Act 992), has a...

Supporting the legal profession

Legal aid solicitors will benefit from a 10% uplift in legal aid fees and have access to a £9 millio...

How the 10 institutions accredited to offer legal education in Ghana have been assessed

The General Legal Council (GLC) in collaboration with the National Accreditation Board (NAB) has pub...

Fraud cases in banking sector increase by 5.5% in 2019 – BoG report

New figures released by the Bank of Ghana show that fraud cases in the banking sector increased to 2...