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GRA’s revenue faces massive dip over fake TIN – Analyst

A Tax analyst, William Demitia is predicting of a huge distortion to revenue for the rest of the year if the Ghana Revenue Authority fails to address allegations of fake issuance of Tax Identification Numbers (TIN). Reports suggest that some tax officials are complicit in the act and it is …

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Non-Performing Loans hit GH¢8.7bn

The stock of Non-Performing Loans in the banking sector reached GH¢8.74 billion in June this year, according to the latest banking sector report. The report released by the Bank of Ghana showed that since the last time the figures were released in April 2018, it has gone up by some GH¢11 million …

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BOST Board Chairman resigns over collapse of Sovereign Bank

Board Chairman of the Bulk Oil Storage and Transportation Company (BOST) has resigned from office over the collapse of Sovereign Bank, one of five banks the Bank of Ghana shut down recently over breach of banking regulations. Kwame Acheampong Kyei resigned as the Board Chairman of the now defunct Sovereign …

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PAC resumes sitting today on Auditor General’s report

The Public Accounts Committee of Parliament will today [Monday] commence sitting to look into the Auditor General’s Report on activities of state institutions for the year 2016. The Committee will consider reports on the Consolidated Fund as well as that of some Ministries, Departments and Agencies, MDAs. The Committee is …

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Denu market, home of children of school going age

Information gathered by www.fafaafm.com indicates that children of school going age are now using the Denu Hedzranawo market as their homes. These children cook, bath and sleep in the market everyday with little intention of going back to their parents. A visit by Fafaa FM to the market at Denu …

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AirtelTigo’s new CEO takes office

Ms Mitwa Kaemba Ng’ambi has assumed the role of Chief Executive Officer of AirtelTigo starting today, Monday, 25 June 2018. On her first day at work, Ms Ng’ambi addressed staff during a town hall meeting at the company’s headquarters… Ms Mitwa Kaemba Ng’ambi has assumed the role of Chief Executive …

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Price of petroleum products to be reduced by over 2%

Recent figures from some bulk importers of petroleum products indicate that the price of petroleum products is to be reduced by over 2 percent from this weekend. JoyBusiness’ calculations shows that the price of petrol is likely to go down by 2.67%, translating to about 13.5 pesewas per litre. Diesel should be reduced by …

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