The Ghana Revenue Authority (GRA) on Monday donated GHS50,000 to the Appiatse Support Fund to help in the reconstruction of the community Appiatse was a victim of infrastructure destruction and …
ghana
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AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
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AfricaAFRICA NEWSBusinessGhanaNewsWestern Africa
Ghana parliament passes income tax(Amended) Bill, 2022
Parliament of Ghana has passed the Income Tax (Amended) Bill, 2022 to amend the Income Tax Act, 2015 (Act 896) to extend the exemption from tax of gains on the …
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AfricaAFRICA NEWSBusiness and EconomyGhanaNewsWestern Africa
S&P Global affirms Ghana’s rating CCC+, Outlook Negative
Standard and Poor’s(S&P), Global Ratings, has revised Ghana’s rating from B-/B to CCC+/C, putting the country’s creditworthiness into junk status. It also reviewed the country’s economic outlook to negative, reflecting …
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Kenya has listed 14 merchandise and service sectors for trade under the African Continental Free Trade (AfCFTA), as it becomes among the first six to pilot the continental pact. This …
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AfricaAmazonBusinessNewsTransportation & LogisiticsWestern Africa
Ghana domestic airlines increase ticket prices
Prices of local airline tickets in Ghana have shot up by between 15 and 20 percent, prompting recession fears among local operators following “a gradual drop” in patronage. The new …
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AfricaAmazonBanking, Finance & InvestmentInformation TechnologyNewsTechnologyWestern Africa
Absa Bank, Amazon sign pact to lead cloud computing transformation
Absa Bank Ghana is working with Amazon Web Services (AWS) to provide cloud computing skills in. The partnership allows Absa to identify an implementing partner in Ghana to train and …
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AfricaBusinessGlobal NewsNewsTechnologyTelecommunicationsWestern Africa
Telecel Group to take over Vodafone shares in Ghana
Vodafone, British telecom group has announced plan to sell its 70% stake in Vodafone Ghana to Telecel Group. The transaction, which is still subject to “certain conditions”, will allow the …
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Ghana’s inflation rate jumped to the highest level in more than 18 years in May as food and transport costs surged. Annual inflation accelerated to 27.6%, the fastest pace since …
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Business and EconomyWestern Africa
Central Bank of Ghana raises interest rates again as inflation keep rising
The central bank of Ghana has raised its main interest rate by 200 basis points to 19% to control inflationary pressures and promote macroeconomic stability, Ernest Addison governor of the …
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Cocoa has been Ghana’s main commercial crop for several decades and although the West African country is the second largest cocoa producer and exporter in the world, some are still …