Details emerging from the Bank of Ghana (BoG), reveal the negotiated resignation of Dr. Abdul-Nashiru Issahaku, as Governor, three years ahead of his four-year mandate caused the taxpayer GH¢3,204 million. Insiders have told The Herald that, the Akufo-Addo government, has...
Vice President Alhaji Dr Mahamudu Bawumia has indicated government’s determination to engage with companies and countries interested in providing high quality infrastructure in Ghana, especially in the construction and manufacturing sectors. Such companies would be more than welcome to set...
HFC Bank Ghana Limited and its subsidiaries recorded a widening loss-after-tax and non-controlling interest of GH¢47.73 million for the 2016 financial year. HFC Bank Ghana Limited and its subsidiaries also recorded an 18 percent rise in assets from GH¢1.6 billion...
The Ghana National Chamber of Commerce and Industry (GNCCI) has been commended for organising a network session among four chambers; notably Takoradi , Tarkwa , Cape Coast and Accra Chambers of Commerce and Industry to share ideas and to...
The Ghana Revenue Authority (GRA) has asked financial institutions to stop charging the 17.5 percent VAT on financial services. A statement released by the GRA said the tax has been abolished as part of government’s tax reliefs announced in the...
Ghana has emerged fourth of the foreign direct investment league table, among the top 10 countries in Africa, according to a report by RMB Global Markets Research. The West African nation, according to the report, beat other countries on the continent...
Starbow has clarified circumstances that led to one of its flights returning passengers to Kumasi last Sunday. According to the domestic airline, the move was a safety measure adopted by the captain of the flight in the face of weather...
Managers of Universal Merchant Bank (UMB), formerly Merchant Bank (Ghana) Ltd, are livid over recent publication by The aL-haJJ in which Mr Ibrahim Mahama’s name was linked to the wholly owned Ghanaian bank. UMB only recently snatched headlines when the...
The Ghana Oil Company Limited (GOIL) has commissioned a 13.5 million litre bunkering facility at the Takoradi Port. Speaking at its commissioning, the Board Chairman of GOIL, Professor William Asumani disclosed that the faculty which cost 15 million dollars was...

A new tax regime came into effect from March 31, 2017, following the amendment of some tax laws. Changes to the tax system follows the repeal of the Customs and Excise (Petroleum Taxes and Petroleum Related Levies) Act of...