Some telecommunication companies in the country have increased the rates
for both voice and data services due to the increment in taxes by the
government. The Ghana Chamber of Telecommunications indicated that the mere public
announcement by the network operators is a confirmation of the
authenticity of the increment. In an interview on Eyewitness News on Thursday, the Chief Executive Officer of the...
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The Bank of Ghana (BoG) is expected to offload its shares in the
Agricultural Development Bank (ADB) within two months. The central bank, which has 42 percent shares in the ADB last year
announced it will offload its shares by the end of that year but failed
to. Speaking to Citi Business News the Board Chairman of ADB, Nana Soglo Alloh IV said, "almost everything is done as far as we are concerned, we are just waiting for the government to...
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Access Bank (Ghana) Limited has signalled its strong commitment to Ghana
with the appointment of a new board chairman and four new directors to
strengthen its existing team to oversee the next phase of its growth and
expansion. Mr. Frank W. K. Beecham, a seasoned
lawyer and a past National President of the Ghana Bar Association who joined the Board as a Director in 2012,
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The new Value Added Tax (VAT) rate of 17.5 per cent has taken effect.
This followed the presidential assent given the VAT Act 2013
(Act 870) on December 30, 2013, and its subsequent gazetting the
following day. Under the regime, the standard rate which was 12.5 per cent, moves up to
15 per cent, while the National Health Insurance Levy (NHIL) remains at
two-and-half per cent...
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