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The Ghana Revenue Authority (GRA) missed its 2018 Tax Amnesty Policy target of GHC300 million. The GRA was able to recoup GHC287 million cedis from the Policy which ended in September 2018. The Authority projected to recoup between GHC300 million and GHC500 million from the policy it introduced to encourage the taxable citizens who had not paid taxes or under-declared their...

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GRA misses Tax Amnesty Policy target of GHc500m

The Ghana Revenue Authority (GRA) missed its 2018 Tax Amnesty Policy target of GHC300 million. The GRA was able to recoup GHC287 million cedis from...

Cedi records marginal appreciation against dollar after weeks of sustained depreciation

The Ghana cedi has started recording some marginal appreciation against the dollar on the market. Checks on the market show that on Thursday, March 14...

GOLD COAST FUND MANAGEMENT IS HONOURING ITS PROMISES

  PRESS RELEASE Gold Coast Fund Management (GCFM) wishes to inform its cherished customers and the general public that it is observing the commitments made to...

Ghana seeks $750 million loan from StanChart, Standard Bank

Ghana is in talks with Standard Chartered Plc and Standard Bank Group Ltd. for a bridge loan of $750 million and will repay the...

Injecting US$800m to stabilise cedi an exercise in futility

Once again, the Bank of Ghana (BoG) has signalled that it will inject a whopping US$800million into the system to shore-up one of the...

Bank of Ghana to inject $800m into reserves efforts to stabilise...

The Bank of Ghana (BoG) says it will add a minimum of $800 million to the country’s reserves this month to stabilise the cedi...

Omnibank, Sahel Sahara complete merger to become “OmniBSIC”

OmniBank Ghana Limited and Sahel Sahara Bank, Ghana Limited (BSIC) have announced the completion of a merger process. The two entities will, effective March 4,...

Global cocoa surplus hits 71,000 tonnes in 2018/19 – Informa

A global cocoa surplus is expected in the 2018/19 season, Informa’s Agribusiness intelligence has said, with record production driven by favourable weather in West...

Stop tarnishing our reputation – GCFM to customers

Gold Coast Fund Management has expressed disappointment in some customers of the company whom they say are tarnishing its ‘hard won reputation’. They want customers...

Stop charging in dollars – Afeku warns hotels

The Ministry of Tourism has issued a directive to various players in the hospitality industry to stop charging in foreign currencies, especially in U.S....