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Finance Minister Ken Ofori-Atta has told parliament categorically that there will not be any increase in Value Added Tax (VAT) as widely speculated. It had been reported by some media houses that the government intended increasing VAT from 17.5% to 21.5%. The speculation was sparked by Mr Gabby Asare Otchere-Darko, nephew to
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The management of First Allied Savings and Loans has denied rumours that the Bank of Ghana intends closing down the outfit. Some customers of stormed a Suhum branch of savings and loans company barely a week ago to demand their funds but were turned away. In a statement issued by First Allied
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A former Minister of Finance Seth Terkper has suggested to the Bank of Ghana to reconsider its position on the minimum capital requirements for commercial banks. Speaking on the Morning Starr on Thursday, Mr. Terkper stated the Central Bank should categorise the banks based on their financial muscles in order not
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My #FutureGH campaign, which launched in June 2017, was in commemoration of the silver jubilee edition of Miss Ghana UK awards. Beside affording young ladies between ages 16 to 24 an opportunity to express their entrepreneurial prowess, the commemorative event and campaign was headlined by two young Ghanaian ladies, Sabina
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Leading financial institution, DUSK Capital, have finally unveiled its #ConquerYourFears campaign, aimed at reigniting the spirit of investment in the banked and unbanked public. At an event held in Accra on Friday, the Ridge-based firm finally debuted what has become a socially progressive initiative on conquering fear when it comes to
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The largest shareholder of the Agricultural Development Bank (adb), Belstar Capital is working to sell its shares in the bank. This is subject to securing regulatory approval from the Central Bank and Securities and Exchange Commission (SEC). JoyBusiness understands an agreement between Belstar and Unibank in principle has been reached to carry out
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Ghana's biggest home and lifestyle brands will from November Friday, 24th to Sunday 26th gather for the maiden edition of the Ghana Home and Lifestyle Fair. The event, which will hold at the Golden Tulip Hotel in Accra, will see an assembly of the best local and international home and lifestyle
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Guillaume de Guiteau, Hennessy cognac house brand ambassador, paid a 2-day visit to the shores of Ghana, during which time a customer training session, media networking event and exclusive master class were held. During the events, de Guiteau elaborated on the process of cognac production—from the creation of the alcohol, its
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Rigworld International Services, a Ghanaian owned offshore oil and gas services company, is set to open an $8.5 million ultramodern oil and gas training centre. The facility, which is sited at Kejebril, near Takoradi, is expected to be commissioned is to be outdoored November 15. Over 500 stakeholders in the sector are
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The Board of Directors of IT Systems firm, Sibton Switch has announced the appointment of Mr. Peter Denzil Lawson as its new Chief Executive Officer (CEO) effective August 1, 2017. Mr. Lawson is expected to provide critical strategic and operational leadership and direction to guide the operations of the company in
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