2019 Budget: Tax stamp policy to be extended to textile industry
The Minister of Finance, Ken Ofori Atta has disclosed that the tax stamp policy will be extended to the textile industry. The aim, is to curtail the counterfeiting and smuggling of cheap textile to the detriment of the local textile industry in Ghana. “Ghana used to have a textile industry that employed around 30, 000 people, […]
Ex-UBS trader Kweku Adoboli has been deported to Ghana
Kweku Adoboli, the former UBS trader convicted of fraud, has been deported to Ghana, despite a long campaign to keep him in Britain. His lawyer confirmed he was flown out of Heathrow Airport this evening after being detained in Scotland on Monday. Adoboli, aged 38 and who has lived in the UK for 26 years, […]
Media urged to help promote the development of U/East region- Regional Minister
One of the government’s social intervention programme that touches the heart of the people in the three regions of the north, especially the Upper East Region is Nana Addo’s Free Senior High School Policy. The free SHS is to provide opportunity for all to have access to education, at the SHS level. There […]
Building of National Cathedral will not strain economy- Minister
The Finance Minister, Ken Ofori-Atta, says building of the National Cathedral will not put a strain on the economy. He said President Nana Addo Dankwa Akufo-Addo is determined that the building of the National Cathedral would not put undue financial burdens on the state. Presenting the 2019 budget statement and financial policy of the government to […]
2019 Budget Statement
139 | The Budget Statement and Economic Policy of the Government of Ghana for the 2019 Financial Year ● Use of Third–Party Data: Mr. Speaker, the National Identification Scheme when fully deployed, will provide government with a database to help with revenue administration. But even before that, and to add to the benefits from the […]
Government to settle all claims of DKM depositors – Finance Minister
The Finance Minister, Ken Ofori-Atta, says Government has set up funds at the Bank of Ghana (BOG) to settle all claims of defunct DKM Diamond Microfinance depositors in the Brong Ahafo Region. The Finance Minister noted that about 80% of claims have been paid and the remaining 20% will be paid to depositors upon validation. […]
Apple Stores to employ human trafficking victims
Apple has announced a programme to help human trafficking victims get behind-the-scenes jobs at its stores. The technology company has teamed up with an NGO that will help the victims pass interviews for caretaker and landscaping posts among other roles. The individuals will not be identified to Apple and will be employed by its suppliers […]
Open Kejetia Market for business – Mahama Tells Government
Former President John Dramani Mahama is raising questions about the inability of the government of the New Patriotic Party (NPP) to start the second phase of the Kumasi Kejetia Market. A press statement signed by and copied to GBCGHANAONLINE said former President Mahama in 2015 cut the sod for the construction of a modern Kumasi […]
GCB Bank Limited commended
Ghana’s High Commissioner to the United Kingdom, Papa Owusu Ankomah, has lauded the Managing Director of GCB Bank Limited, Mr. Anselm Ray Sowah and the rest of the Management, for sponsoring and participating in the October 2018 Ghana Investment and Opportunities Summit held in London. He said the Bank’s participation and presentation as well as […]
UPDATES: Finance Minister presents #Budget2019 Statement to parliament
Finance Minister Ken Ofori Atta presenting the 2019 Budget Statement and Economic Policy of the Government of Ghana to Parliament. The budget represents the third of four budget statements of the government. It, therefore, offers us an opportunity to take a mid-term review of the performance of the Government in managing the economy and how we […]