Prime News Ghana

Today's Ghana Business, Banking and Economic news

Audit Service to surcharge banks

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.

Digitizing the payment of tax will help Ghana- Ken Ashigbey

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.

US$15bn pledged for Ghana’s petroleum hub

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.

Registrar-General to strike out businesses with old records

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.

BoG governor backs shift to broader deficit measure

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.