Gov’t to tax ‘money-making venture’ churches – GRA boss reveals

Government’s move to widen its tax net to rake in more revenue is about to take a rather controversial turn as the Ghana Revenue Authority (GRA) has announced its decision to tax churches which have turned their fellowships into money-making venture. Commissioner General of the GRA Kofi Nti said Thursday the Authority will soon conduct […]

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I’m not a board member of defunct Beige Bank – Prof. Addae

Former Rector of the Ghana Institute of Management and Public Administration (GIMPA), Professor Stephen Addae says he has no hand in the fall of Beige Bank. Prof. Addae said he never formed part of the board that oversaw the defunct Beige Bank. According to him, he rather is a board member of the Beige Group […]

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Breaking News: Premium, Sahel, GN Bank set to merge pending BOG’s approval

Premium Bank, Sahel Sahara bank and GN bank have sealed talks that would lead to merging the three institutions. Sources say they are now waiting for Bank of Ghana’s approval to give the necessary blessing to this “marriage” before it can be deemed as finalized. Sources say the merger talks was said to have been […]

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Minority warn against tax increase; accuse gov’t of wasteful expenditure

The Minority in Parliament is warning the government against increasing taxes in the upcoming mid-year budget review which will be presented by the Finance Minister Thursday. They say government must rescind its decision because any such increases will put too much burden on Ghanaians who are already struggling to get by. Speaking at a press […]

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Addai Nimo urges govt on with new taxes

A former New Patriotic Party flag-bearer hopeful, Francis Addai Nimo is in full support of government’s intention to increase taxes in the mid-year budget review. The Finance Minister Ken Ofori-Atta is expected to present the mid-year budget review to parliament on Thursday, but in a facebook post  Gabby Ochere Darko, a legal practitioner and nephew […]

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‘CCTVs’ on Ghana waters to monitor & arrest fishers during closed season

Ocean-monitoring satellites have been set up to control fishing activities during the closed season in August, the Ministry of Fisheries and Aquaculture Development has said. Speaking on TV3’s New Day with Bright Nana Amfoh on Monday, Acting Chief Director at the Ministry Professor Francis K. E. Nunoo said a monitoring and control satellites unit located […]

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Gov’t to destroy millions of cocoa trees nationwide; compensation arranged

Ghana is to cut down millions of cocoa trees from farms across the country as part of measures to boost cocoa production. The exercise, which begins from the Western and Eastern regions this month, will see the Ghana Cocoa Board cut down all over aged and cocoa trees affected by black pod diseases. A senior […]

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COURT ORDERS COMMUNICATION MINISTRY TO RELEASE US$89M KELNIGVG CONTRACT IN 7 DAYS

An Accra High Court has given the Communications Ministry a 7-day ultimatum to make public the US$89million contract it signed with KelniGVG to operate a revenue assurance platform. The platform is supposed to ensure mobile network operators are paying taxes which are commensurate with their revenues. Although the ministry has insisted the contract signed with […]

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