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The Ghana Revenue Authority (GRA) has reminded Ghanaians of the country’s laws on gift tax. The GRA says this tax payment originates from the Internal Revenue Act 2000 (Act 592) which charges individuals to pay 10% tax on presents that they…

The government has proposed an increase in existing levies on petroleum products to raise additional money for the payment of the Tema Oil Refinery (TOR) debt. The Tema Oil Refinery Company Fund Amendment Bill, which was submitted to…

The GSE All-Share Index, the benchmark measure of performance of the Ghana Stock Exchange, fell 68.58 points to open the week lower at 7,218.65 points from 7,287.23 points on Friday. The loss brings the gain so far this year to 29.54 per…

Controversial clause 17 of the Petroleum Revenue Management Bill, on Monday set Parliament apart again into voting sending the minority tumbling with 60 votes against 81. By the decision there would not be a separate account for petroleum…

Mr Eric Osei–Bonsu, Managing Director of ARB Apex Bank, at the weekend, congratulated the Naara Rural Bank in the Upper East Region for being the most satisfactory and the best Rural Bank in maintaining its cost-income ratio. The bank hit…

The Adventist Development and Relief Agency (ADRA), a non-governmental organisation, is supporting 10,000 farmer- households to increase food security through increased agricultural production in seven districts of the Upper West and…

A book on “Natural Resources in Ghana: Management, Policy and Economics”, has been launched in Accra with a call on Ghanaians to utilise technology for better exploration and exploitation of resources to reduce the environmental impact.…

The Millennium Development Authority (MiDA), has assisted the Borimanga Rural Bank Limited with a power plant, computers and related equipment to enable it to computerize its operations. In addition, MiDA is providing training in…

The Ghana Mine Workers Union (GMWU) has called on the Government to ratify the ILO Convention on Safety in the Mines, saying “…it’s urgently imperative.” The Union therefore called on the Ghana Chamber of Mines to come along in the pursuit…

An aspiring Assembly Member for Korle Dudor in Accra, Mr Bright Dzila, has pledged to lead efforts to protect the Korle Lagoon from further environmental degradation. He was speaking to the Ghana News Agency (GNA) in Accra on Sunday at a…