Business

Gov’t rakes GHc3.2bn from petroleum levies

The African Center for Energy Policy (ACEP) has accused government of overburdening Ghanaians by imposing many taxes on petroleum products. According to Mohammed Amin Adam, Executive Director of ACEP, the imposition of the 17.5 percent Special Petroleum Tax (SPT) on some selected petroleum products amounts to double taxation. Speaking to the media yesterday in Accra, Mr Adam estimated that based ...

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Kasapreko launches Awake bottled water

Kasapreko, a leader in innovation within the beverage industry, has launched its new purified drinking water “Awake”, a charity driven bottled purified water. The product, Awake Purified Drinking Water, focuses on changing lives and highlights Kasapreko’s ability to combine its award winning products with its corporate social responsibility to communities in Ghana. A statement issued by the company and copied ...

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Jomoro Rural Bank assists communities

The Jomoro Rural Bank (JRB) Limited at Tikobo Number One in the Western Region last year spent a total of Gh?4,750.00 to assist eight communities, association and institutions in the area. The Board Chairman of the Bank, Mr Cosmos Cobbold, who made this known at the 18th Annual General Meeting of the Bank at Tikobo No. one, said the move ...

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Revenues are needed for development – MCE

Mr Sam Atukwei Quaye, the Municipal Chief Executive for Ga West, has said there cannot be any meaningful development without sufficient revenue. “To this end, we will continue to explore innovative ways of raking in more revenue and undertake prudent measures to ensure that we consistently improve upon the revenue base of the Assembly to enhance development activities in the ...

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ACEP calls on Finance Ministry to submit reports on levy

The Africa Centre for Energy Policy, has called on the Ministry of Finance to comply with the Tema Oil Refinery (TOR) Debt Recovery Fund Levy Act 2003 (Act 642). This, they should do by submitting to parliament a comprehensive reports on the levy covering 2004 to 2014. The Centre noted that the Act states that “the Minister shall within three ...

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Akufo-Addo calls for more state supports for local manufacturers

The Flagbearer of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo has lauded Ghanaian entrepreneurship in the creation of products that could match others from elsewhere in the world, stressing the need for the state to enhance its support to such ventures. The Flagbearer, who toured the Kantanka Automobile Manufacturing Company’s vehicle assembly plant at Gomoa Mpota in the Central ...

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Director commends fish farmers in Upper East

Mr E. A. Wellington, the Upper East Regional Director of Fisheries has commended the Songtana (Help Has Come) Aquaculture Group at Pusu-Namongo in the Talensi District for emerging the 2015 aquaculture group in the country during the recent farmers' awards held in Bolgatanga

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