The Audit Service on Tuesday indicated its readiness to surcharge any participating commercial bank, that defaults in transferring tax receipts collected from the various transit accounts into the respective Bank of Ghana Holding Accounts.
The Chief Executive Officer of the Ghana Chamber of Telecommunications, Ken Ashigbey, says the government’s agenda to digitize the economy will make it easier for payment of taxes, especially by the country’s informal sector.
SIC, the insurers of the GCB Bank Liberty House Branch at Katamanto in Accra have commenced processes to assess damage and pay claims as may be necessary to the company following a fire outbreak at the facility on Saturday.
Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolate maker of trying to avoid paying a cocoa premium aimed at combating farmer poverty.
The Ministry of Energy has shortlisted three bids for Ghana’s petroleum hub project, with one of the investors pledging up to US$15bn to fund the storage component of the ambitious programme.
Big or small, a private company must have a shareholder(s) and at least two directors who are obligated to perform some duties in compliance with the law. They are expected to work in harmony towards the sustained long-term interest and growth of a company.
Businesses that have yet to update their records on the e-register database could have their names struck out for not conforming to the standards required under the new Companies Act, the Registrar-General, Mrs Jemima Oware, has cautioned.
The governor of the Bank of Ghana, Dr. Ernest Addison, says the Finance Ministry’s treatment of the cost of the financial sector clean-up and energy sector payments as exceptional expenditure—hence their exclusion from the computation of the fiscal deficit—should be reconsidered from now on.
