Gov’t to give industry sector $2bn


The Minister for Trade and Industry Alan Kojo Kyerematen has reiterated government’s commitment to support the manufacturing subsector with a sum of 2 billion dollars. This, the minister says is to help in expanding their businesses. President Nana Akufo-Addo has set up a 100 million dollar package to fund the National Entrepreneurship and Innovation Plan (NEIP) to support young entrepreneurs ...

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Gov’t reviews policy on tax exemptions


Government has decided to discontinue the requirement for exemption holders to provisionally pay the import duty and taxes upfront and apply for a refund later. In March this year during the presentation of the national budget, government announced the revocation of import duty and some taxes at the ports deemed nuisance. Importers were directed to pay upfront but made to ...

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Landmark LNG to add 1,000MW power to Ghana’s supply


Ghana has signed a new power deal with the world’s largest gas producer, Gazprom, to add up to 1,000 MW to Ghana’s power supply. The transaction, completed by Energy Minister, Boakye Agyarko, and the CEO of the Ghana National Petroleum Corporation (GNPC), Dr. Kofi Koduah Sarpong, has saved Ghana over $1 billion, according to the Energy Ministry. The new Liquefied ...

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FES, ATUMNET holds conference on fair recruitment and labour migration in Accra


The African Trade Union Migration Network (ATUMNET), in partnership with Friedrich Ebert Stiftung, organised a conference in Accra to discuss issues bordering on fair recruitment in relation to labour migration. The conference which took place between September 11, and September 12, 2017 sought to explore better migration processes and to engage African governments to improve their economies in order to ...

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NCA yet to approve Tigo, Airtel merger

airtel,tigo merger

The proposed merger between Airtel and Tigo is expected to linger until such a time that the two companies complete the necessary regulatory processes with the National Communications Authority (NCA). The two entities officially announced the decision to merge in March 2017. But latest information from the NCA indicates that the process is yet to be completed, six months after ...

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Insurers urged to increase insurance penetration through technology


Insurance companies in the country have been urged to embrace technology to deliver value-added services to customers. This according to the Managing Director of Ghana Reinsurance Company Limited, George Mensah, would enable them to withstand the growing competition in the financial sector. He made the call at the 8th Cedants Awards Night on the theme: ‘Embracing Technological Innovations for the ...

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GIPC holds forum for young entrepreneurs


The Ghana Investment Promotion Centre (GIPC), in partnership with Joy Business and the African Network of Entrepreneurs (TANOE), has organised the Young Entrepreneurs Forum (YEF) for the youth. The event, held in Accra, was on the theme: ‘Connect. Accelerate. Grow.’ The one-day forum was to share GIPC’s strategy and expose young entrepreneurs to the GIPC ACT 865; sensitise them to ...

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