Business

Registrar-General’s Department increases penalty for late filing of annual returns

The increment from GH¢450 to GH¢500 will affect Private Unlimited Companies, Public/Private Companie...

Capture your rights of enforcement in collateral agreements – BoG to Lenders

Lenders' right to enforcement under the Borrowers and Lenders Act, 2020 (ACT 1052) offers three reme...

Nigeria: Fidelity Bank PLC, others fined $857,000 over cryptocurrency transactions

The CBN circular of 5 February 2021 restricted deposit money banks (DMBs), nonbank financial institu...

Desist from dealing in illegal forex activities - BoG

 Such violations are punishable on a summary conviction, by a fine of up to 700 penalty units or a t...

251 defaulting institutions to be prosecuted in 2 weeks if - Data Protection Commission

Institutions that collect and process personal data are mandated by Section 46 of the Data Protectio...

President Akufo-Addo assents E-levy bill, after passage on Tuesday

President Nana Akufo-Addo has signed the E-levy bill into law, following its passage by Parliament o...

All there is to know about the Electronic Transfer Levy Act, 2022 (Act 1075)

The Electronic Transfer Levy Act, 2022 (Act 1075) as assented to by the President of the Republic, N...

Parliament approves E-levy bill

The second reading of the levy saw the bill being adopted at the reduced rate of 1.5% from the initi...

Crime in books than in Practice: Black Market Foreign Exchange Businesses in Focus

The operators, who are mostly African foreign Nationals, like Nigerians, Nigeriens, Malians, and the...

Government imposes moratorium on vehicle imports

"We will ensure that the overall effect is to reduce total vehicle purchases by the public sector, a...

Ukraine's President signs Virtual Assets Bill into law, legalizing Crypto

The law determines the legal status, classification, ownership and regulators of virtual assets, as ...

BoG directs payments platform Dash App to halt operations

Founded by Prince Boakye Boampong, the fintech has been operating in Ghana since 2019. It currently ...

Harmonising Data Protection Laws: African Authorities sign MoU with Smart Africa Alliance

Smart Africa Alliance, a Rwandan-based ICT firm, chaired by President Paul Kagame, will provide inst...

Kentrust Pension Ltd not designated to collect contributions – SSNIT

In a notice by the management of the company, SSNIT said employers and persons who pay SSNIT contrib...

BoG warns public against Kwame Bediako aka Cheddar’s cryptocurrency, Freedom Coin

Cryptocurrencies do not have an official recognition in Ghana and are not regulated by either the Ba...

Parliament likely to consider E-Levy bill this week

Mr Alexander Kwamena Afenyo-Markin, the Deputy Majority Leader, announced that the E-Levy Bill falls...

10% discount on Vehicles, 30% others: New discounts on import values announced

The Government of Ghana has expanded the coverage of discounts on imports thus ‘Benchmark values’ to...

GRA to pilot e-commerce tax in April

The action is said to be in line with the Value Added Tax (VAT) law, which stipulates the taxation o...

Telcos to be sanctioned for unsolicited messages, calls - NCA

Consequently, the NCA says it will sanction any service provider who fails to adhere to the directiv...

E-levy debate: Plug up loopholes to shore revenue administration-Dr.Ali Nakyea to Gov’t

According to him, this is the most effective way for the Government to raise revenue for development...

E-levy requires further deliberations, analysis- Dr.Ali-Nakyea

According to him, there is the need for Government to also analyze the impact of the E-levy on finan...

E-levy risks promoting acts of money laundering – Tax Expert

He also says if the tax is imposed, people may start looking for other innovative ways of moving abo...

E-Levy: Minority throws out proposal to reduce tax from 1.75% to 1.5%

Government had hoped to get the buy-in of the NDC MPs to get the bill passed....

E-Levy approval: Ofori Atta woos Minority

The Minister of Finance, Ken Ofori-Atta is courting the support of the Minority in Parliament relati...

Ghana card to be sole ID for all financial transactions-BoG

In a notice signed by the Secretary to the Central Bank, Ms. Sandra Thompson, entreated all financia...