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The Domestic Tax Revenue Division (DTRD) of the Ghana Revenue Authority (GRA) mobilized an amount of GH₵  24.4 billion in 2018, thus exceeding its target for the year. This means an excess of GH₵  850 million representing 3.5 per cent of planned collection target of GH₵ 23.5 billion. Mr Kofi …

The Volta Regional Police Commander, Mr Francis Ebenezer Doku, has cautioned that the class of weapons wielded by some residents of Alavanyo in the Kpando Municipality could pose major challenges to the nation’s security. He said some young people in the traditional area possess AK 47 rifles, SMGs, M16s among …

Dr Akinwumi Adesina, President of the African Development Bank (AfDB), said the African Export-Import Bank (Afreximbank) has become a reputable and solid regional development finance institution, meeting significant financing needs in trade development and trade finance in Africa. Afreximbank and the African Development Bank have enjoyed a collaborative and productive …

As the first rays of daylight pierced a thick haze blanketing the Ndogpassi neighborhood, several dozen angry men appeared, seemingly from nowhere. They formed a human barrier across the main entrance to a natural gas power plant in the east of Douala, Cameroon’s economic capital. Some of the men laid …

President Nana Addo Dankwa Akufo-Addo, on Thursday, said Government has recruited 3,000 unemployed persons under the Digital Marketing and Entrepreneurship Programme for skill training. He said the programme was launched at the Accra Digital Centre by Mr Yaw Osafo Maafo, the Senior Minister on Thursday, February 8, with the beneficiaries …

Cocoa Processing Company (CPC) is in talks with a syndicate of banks to restructure its $20.5 million debt to be payable in five years, Nana Agyenim Boateng, the Managing Director, said on Tuesday. The Company is also in discussions with Ghana Cocoa Board (COCOBOD) and the Cocoa Marketing Company to …

The Audit Service has rejected a total of GH¢5.479 billion out of the liabilities of GH¢11.279 billion submitted by the Ministries, Departments and Agencies (MDAs) to the Finance Ministry for payment. He is also asking the Attorney-General to empower his office to be able to prosecute offenders. This was based …

Commercial airlines operating around the world have made an estimated net profit of $34.5 billion as global passenger traffic results show demand for air travel has risen. In 2016 the industry made net profit of $35.3 billion and $38.4 billion is forecast for 2018. While African airlines made net profit …

Africa cannot depend on others to finance education on the continent, when it has the wherewithal to do so, President Nana Addo Dankwa Akufo-Addo has said. He said Africa has the resources and capacity to finance access to quality education of its citizens, and also promote the interests of the …

Institutional investors with several trillions of dollars worth of assets under their management now want much more information about companies’ boards and business strategy. A new survey by Morrow Sodali, which is the third in the series says institutional investors managing assets worth $31 trillion want companies to give more …