Prime News Ghana

Today's Ghana Business, Banking and Economic news

GPHA, MPS directed to retain current port charges

The Ministry of Transport has directed the management of the Ghana Ports and Harbours Authority (GPHA) and the Meridian Port Services (MPS) to continue to operate with the existing port tariffs on the newly opened multipurpose terminal three project at the Tema Port.

Corruption : Ghana loses GHC9.7bn in 3yrs

Ghana lost GH¢9.7billion to corruption between 2016 and 2018 in five controversial deals in some key sectors of the economy, a documentary released by Corruption Watch and the Economic and Organised Crime Office (EOCO) on asset recovery has revealed.

Gov't to review luxury vehicle tax

Minister for Finance, Ken Ofori Atta has disclosed that government has put in place plans to review the luxury vehicle tax introduced in the 2018 national budget.

Online businesses will now pay tax - GRA

The Ghana Revenue Authority, GRA has commenced processes to enable it to impose taxes on businesses that sell products and services on the internet including Facebook.

Parliament gives tax exemption to 1D1F investors

Parliament has given the Ministry of Finance the green light to grant “considerable” tax exemptions to private businesses that have been enrolled onto the government’s flagship programme, One-district, One-factory (1D1F), a Deputy Minister of Finance, Mr Kwaku Kwarteng, has said.

Guinea and Ghana to deepen economic ties

Guinea and Ghana have undertaken to deepen economic ties as preparations near completion for the establishment of the Africa Continental Free Trade Area.