Problematic tax legislation is causing irreparable damage to exporter cash flows and the local economy, as one-sided laws balanced against taxpayers continue to impede growth and deter foreign investors. According to Ernest Lai King, Managing Director of 1Road Consulting and a consultant at law firms, deficiencies in the country’s Value-Added Tax (VAT) Act regarding VAT … The post One-sided
The maternity unit of 37 Military Hospital will be closed down for a routine fumigation exercise, a statement signed and issued by the Director Public Relations Capt Michael AddoLarbi has said. According to the statement, the fumigation exercise will begin today May 11 to Wednesday May 18. “The closure has become necessary to enable the … The post 37 Military
Consolidated Bank Ghana (CBG) has presented a letter of commendation and an undisclosed amount of money to soldiers detailed for bullion van escort duties at the bank. The letter of commendation and the money was also to appreciate them for their professionalism and diligence in the execution of their duties. Presenting the items,the Head of … The post CBG rewards soldiers escorting
Mutaru Muqthar, the Executive Director of the West Africa Center for Counter-Extremism (WACCE), has warned against coup d’état as alternative to democratic challenges. He suggested that the appropriate way to deal with current challenges was for review of the 1992 Constitution and stated remedy to bad democratic governance was not a coup d’état towards better … The post Security
Minister of Education, Dr Yaw Osei Adutwum, says the time has come for Africa to develop its human resource base to participate actively in space technology, to protect its water bodies and other resources. Dr Adutwum stated that though growth in space technology is at an exponential rate with numerous opportunities, Africa was yet to … The post Africa
President Nana Addo Dankwa Akufo-Addo has expressed worry over the toll chieftaincy conflicts are exacting on the public purse. According to the President, the government wastes too much money on resolving needless and avoidable chieftaincy conflicts. In a meeting with a delegation from the Ahafo Regional House of Chiefs at the Jubilee House in Accra … The post Chieftaincy
Fifteen Assemblies in the Western and Western North regions have been cited for cash irregularities in the 2018 Auditor-General’s (AG) report for disbursing a total of GH¢1,870,842.91 from various accounts including the District Assembly Common Fund (DACF) with unsupported payments. The report explained that, Regulations 39 of the Financial Administration Regulation(FAR) 2004, LI1802 required that … The post 15
The Minister of Communications and Digitalisation, Mrs Ursula Owusu Ekuful, has announced that 758 cell sites out of the protected 2, 016 have been completed nationwide to improve the digital economy of the country. The project, under the rural telephony and digital inclusion project, she noted, was aimed at addressing the challenge rural communities have … The post 758 cell
The former Vice Chancellor of the University of Education Winneba and Principal of the Grace Hill School of Technology, Professor Jophus Anamuah Mensah, says the country’s educational system needs to be redesigned and re-imagined to prepare the youth to face the future of uncertainties. According to him, the youth must to be given the opportunity … The post Education
The Kwame Nkrumah University of Science and Technology (KNUST) Student’s Representative Council (SRC) has hailed the efforts and contribution of the University’s Relations Officer (URO), Dr Daniel Norris Bekoe, Purefmonline.com reports. In appreciating the immense contribution and the positive image the University has attained under the auspices of Dr Bekoe in the Communication Directorate of … The post KNUST
Access to cheap finance and infrastructure development are critical in addressing the unemployment challenge facing the country, a Development Economist, Nicholas Issaka Gbana, has said. He argued that with cheap finance the private sector could borrow to expand their businesses and with improved infrastructure more investors would be encouraged to enter into agriculture and set … The post Access
The year-on-year inflation for April 2022 has surged to 23. 6 per cent compared to 19. 4 recorded in March this year, the Ghana Statistical Service (GSS) has said. According to the GSS, the rise is a 4.2 percentage points higher than the rate recorded in March. The Government Statistician, Prof.Samuel KobinaAnnim, saidthis at a … The post Inflation jumps
The Chamber of Independent Power Producers, Distributors and Bulk Consumers is kicking against the cost recovery tariff that the Electricity Company of Ghana (ECG) is demanding. ECG is asking for 148 per cent increment in electricity tariff, covering the period 2019 and 2022, which includes the cost recovery tariff. But speaking to Joy Business, Chief … The post IPP
The President of the ECOWAS Bank for Investment, Dr George Agyekum Donkor, has called for the implementation of measures to give companies, especially small and medium scale enterprises (SMEs), a modicum of predictability and certainty when entering international transactions. He said regional economic integration would not be successful unless the legal challenges posed by doing … The post EBID
4Indeed, the recent tactics deployed by the technical team of the Black Stars, the senior national football team, that enabled them to tame their sub-regional neighbours, the Super Eagles of Nigeria, on account of the away-goal rule, in their two-legged FIFA Qatar 2022 World Cup qualification play-off, have taught us a lesson- it pays to … The post Journey
Manchester City have reached an agreement to sign Norway striker Erling Haaland from Borussia Dortmund. Haaland, 21, will join in July after City activated a 60m euro (£51.2m) release clause in his contract. The deal ends the club’s hunt for a successor to their all-time top scorer Sergio Aguero, who joined Barcelona on a free … The post Manchester City agree deal for Haaland
Throughout a brilliant Liverpool career, Sadio Mane could never be described as a support act – but it does no harm to deliver a timely reminder of why he is virtually indispensable to JurgenKlopp’s team. Mane has played key roles in Liverpool winning the Champions League in 2019, then their first English title in 30 … The post Mane shows class in Liverpool win
Watford have appointed former Forest Green Rovers boss Rob Edwards as their new manager for the upcoming 2022-23 Championship season. The confirmation follows Edwards’ departure from Rovers, the club he has just led to the League Two title. Current Watford boss Roy Hodgson is due to leave the Hornets at the end of the current … The post Watford appoint new manager
The Board Chairman of Accra Hearts of Oak, Togbe Afede XIV yesterday cut sod for the construction of a new secretariat for the club. It is expected to be completed by November. The club also commissioned a commercial center near the club secretariat. Speaking at the two ceremonies, Togbe Afede XIV noted that the project … The post Hearts cut sod for construction of new
A select side of former Borussia Dortmund legends will arrive in the country next month to playan Africa select team at the Accra Sports Stadium. Dubbed the BVB Legends Ghana Tour 2022, the historic game scheduled for June 11 is beingorganized by Accra based Division Two side Shooting Stars FC and will headline a series … The post Dortmund legends, Africa select side clash
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