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Exim Bank supports Shea industry with GH¢10million

The Ghana Exim Bank has committed GH¢10million to support stakeholders in the value chain as part of the first phase of its Shea Empowerment Initiative. The Initiative is aimed at providing economic empowerment to women shea collectors, processors and cosmetic producers engaged in the Shea value chain. Mr Lawrence Agyinsam, …

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MTN to provide skills training for 40 young people

MTN Ghana in partnership with the National Youth Authority (NYA) is to train over 40 young people as part of this year’s MTN 21 days Y’ello Care in the Eastern Region. The two weeks training programme which has commenced, will see beneficiaries receive training in beads making, cosmetology, which includes …

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Invest in Africa and AngloGold to enhance capacity of SMEs

Invest in Africa (IIA), a not for profit organisation, committed to creating prospering African economies, has been contracted by AngloGold Ashanti (Ghana) Limited (AGAG), to enhance capacities of 100 Small and Medium size Enterprises (SMEs) in Obuasi. A statement from IAA said under the programme IIA would provide free business …

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Businesses in Eastern Region sensitized on CSR and SDG

More than 30 firms and institutions have benefited from a day’s training workshop on Corporate Social Responsibility (CSR) and the basics of sustainability reporting. The programme was organized by the Eastern and Volta Branch of the Association of Ghana Industries (AGI) in collaboration with Global Reporting Initiative (GRI), with funding …

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First Atlantic begins phenomenal growth

Just three months into the new dispensation for Ghana’s universal banking industry, First Atlantic Bank has shown the potential created by the restructuring done by Bank of Ghana over the past one and a half years. First Atlantic Bank has the target of becoming one of the top five banks …

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GRA launches prosecution policy document in Kumasi

The Ghana Revenue Authority (GRA), has launched a policy document in Kumasi to guide the arrest and prosecution of tax defaulters and evaders in the country. The aim is to use prosecution as an effective tool to ensure tax compliance among income earners, as indicated in the country’s tax laws. …

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Teacher incentive attracts 10 per cent tax – GES

The management of the Ghana Education Service (GES) says the incentive package released to staff of senior high schools (SHSs) and technical institutions is subject to 10 per cent tax. It, therefore, directed all paying officers to withhold 10 per cent of the amount payable to the beneficiaries to remit …

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38 forex bureaux face closure by Bank of Ghana

The Bank of Ghana has threatened to close down forex bureaus that are not complying with its operational regulations. In a letter sent to the Forex Bureaux Association, BoG named 38 forex bureaus that were not complying with the central bank’s regulations. The affected 38 forex bureaux are in the …

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