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ACEP backs calls for removal of some fuel taxes

Energy Think Tank, Africa Centre for Energy Policy (ACEP), has backed calls for the government to bring relief to fuel consumers by scrapping some taxes from the petroleum price build up. Fuel prices crossed the GHc5 per litre mark earlier in the week, giving rise to calls for government to …

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Sinotruk Int’l to Establish Assembly Plant in Ghana

Sinotruk International, China’s first heavy-duty truck manufacturer, has signed an agreement with the Government of Ghana to establish an assembly plant in Ghana, to serve both Ghanaian and West African markets. This was after the Ministry of Trade and Industry, on behalf of the Government of Ghana, signed a Memorandum …

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2019 Hyundai Santa Fe SUV launched in Ghana

The all-new 2019 Hyundai Santa Fe SUV has been introduced unto the market by Auto Plaza Limited (APL) an authorized partner of Hyundai vehicles in Ghana. The vehicle comes with high-end features for safety, comfort, style, and uniqueness. It also represents new thinking and new possibilities as manifested in its …

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Freight forwarders strike over CTN

Freight forwarders are embarking on a strike today [August 27, 2018] to protest against the implementation of the Cargo Tracking Notes (CTN) system at the ports. The action has been necessitated by what the businesses say is the government’s failure to heed concerns on the policy which impedes trade facilitation. The strike …

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1D1F: 57 factories approved for Accra, 14 begin operations

Deputy Minister for Trade and Industry, Robert Ahomkah Lindsay, has hinted that as part of government’s One District, One Factory initiative, 57 factories have received approval from investors and will soon commence operations in the Greater Accra Region. More than half of the 57 factories the deputy Minister disclosed are …

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Former UT, Capital Bank staff demand exit package

Former workers of the defunct UT and Capital Banks have made an appeal to the central bank to ensure that their exit package, as agreed between UNICOF and the Receiver (PwC), is paid. The Bank of Ghana revoked the two banks’ licences due to severe impairment of capital on August …

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Govt must step in to make housing affordable—GREDA

Houses in Ghana will continue to be expensive until government implements pragmatic interventions to support the real estate sector. That’s the assertion of the Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor. Expressing his disappointment with government’s lack of support on the Citi Breakfast Show on …

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