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CDC, GIIF partner to invest in Ghana


The Commonwealth Development Corporation (CDC) and the Ghana Infrastructure Investment Fund (GIIF), following meetings in London, have expressed their interest to co-invest in developmental projects in Ghana. Projects such as railway infrastructure, power projects (generation and distribution), general infrastructure needs among others were under discussion for the investment. This agreement …

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Gov’t delegation meets London Stock Exchange


As part of planned activities to strengthen the ties between British and Ghanaian businesses, a delegation of government officials through the UK-Ghana Chamber of Commerce (UKGCC) called on the CEO of the London Stock Exchange (LSE) to deliberate on business issues that seek to benefit Ghana and its citizens. Led …

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Ziptv® partners with MTN

Zip tv

Ghana’s new premium iptv service provider, Ziptv® has partnered with MTN Ghana to take the consumption of content in Ghana to greater heights.  Ziptv’s premium channels and On Demand videos will give television lovers access to stream thousands of movies and TV shows from world class local and foreign channels. …

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2 arrested for selling toffees, alcohol mixed with ‘wee’


A 64-year-old woman and her male accomplice are in the grips of the Tafo Pankrono Police in the Ashanti Region for possessing substances suspected to be Indian hemp. Madam Afia Pokuah and Issah Yaw were arrested with the substance and milk toffees which are also believed to contain Indian hemp. …

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Airtel, Tigo merger gets major boost


The anticipated merger between Airtel and Tigo received a big boost with the inauguration of the National Communication Authority (NCA) board of directors which is expected to give approval to the deal. While the two companies completed merger talks earlier this year, the finalisaton of the deal was subject to …

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President Akufo-Addo turns the valves on Sankofa fields today


President Nana Akufo-Addo will today, Thursday July 6, 2017, symbolically turn the production valve on the Floating Production Storage and Offloading Vessel (FPSO) John Agyekum Kufuor to officially commence production of oil in commercial quantities from the Sankofa Gye-Nyame Fields. The ceremony which will be held offshore on the FPSO …

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COCOBOD to compensate farmers who cut down unproductive cocoa trees


Joseph Boahen Aidoo, Chief Executive Officer of COCOBOD has disclosed that his outfit has mapped out a payment plan to compensate all farmers who will cut down their unproductive cocoa trees. “We will pay both farm owners and farmers until the new trees start to bear fruits”, he disclosed. According …

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3% VAT flat rate takes off


The Ghana Revenue Authority (GRA) has commenced the application of the 3% VAT Flat Rate to replace the previous 17.5% Input – Output VAT computation approach effective July 1, 2017. The old approach, which suffered low compliance due to the extensive paperwork in filing VAT returns is being replaced with …

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