GroFin Ghana Limited, a development financier of small
businesses in the country, is to invest about GHC10 million to financially
distressed small and medium enterprises (SMEs) across the country this year.
The Minister of Finance and Economic Planning, Mr Seth
Terkper, has said the government will make a conscious effort to correct the
many forms of inefficiency in the management of public institutions in the
>>An economic analyst, Mr John Gatsi, has described the 2013
Budget and Economic Statement as “Frank”, saying it reflects the current
realities of the country’s economic landscape. However, SEND Ghana, a civil
society organisation, thinks the budget lacks detailed social protection
Until now, the Christian Mothers Association Credit Scheme
(CHRISMACS) was the financial wing of the Christian Mothers Association (CMA),
a non-governmental Christian women organisation in the Catholic Church and was
committed to empowering women.
The Ghana Airport Company Limited (GACL) will, henceforth,
be allowed to retain all revenues arising from airport taxes rather than
sharing them with the Ghana Revenue Authority (GRA) as is currently the case.
The Budget Statement and Economic Policy of the government
for 2013 has tasked the Ghana Revenue Authority to increase its tax education
to ensure that the greater percentage of the Ghanaian population comply with
their tax obligations.
Mssrs Elikem Nutifafa
Kuenyehia, the Managing Partner, Oxford & Beaumont Solicitors and
Kofi Mangesi, the Chief Executive Officer of C10 Business World Ltd, are young
entrepreneurs nominated among outstanding entrepreneurs in the country to
receive honours at the third edition of UT-Ghana Entrepreneur Awards 2012.
The US$90 million judgment debt against the National
Investment Bank (NIB) by the Commercial Court shows a carefully spun web of
complex financials acts by some key former officials of the bank to bring the
once vibrant finance house to its knees.
The Minister of Communications, Dr Edward Omane-Boamah, has
inspected the progress of work on the National Data Centre in Accra and called
on the contractors on the project to work according to the timelines to enable
them to complete the project on schedule.
Standard Bank Group, the parent company of Stanbic Bank
Ghana, recorded 10 per cent growth in its combined earnings to a record US$1.77
billion for 2012, including a US$0.18 billion profit realised on the sale of a
majority stake in Standard Bank Argentina (SBA) during the year.
The Commissioner General of the Ghana Revenue Authority
(GRA), Mr George Blankson, has appealed to all income-earning Ghanaians to
cultivate the spirit of voluntarily honouring their tax obligations, as their
way of contributing to nation building.
Guinness Ghana Breweries Limited (GGBL), a beverage business
and subsidiary of Diageo PLC, has presented samples of Ruut Extra Premium Beer,
touted as the country’s first cassava-based beer, to the Minister of Trade and
Industry, Mr Haruna Iddrisu, to showcase the company’s efforts to use local raw
Some executive members of industry and commerce have
mentioned unfair competition from cheap imports, a slow growth in industry and
the lack of access to international markets, as the major operational
difficulties facing them.
The Ghana Revenue Authority (GRA) on Friday sealed off the premises of Unique Concerns Ghana Limited, a fishing company located in the Tema industrial area, for failing to pay custom duty, tax, penalty and interest.