Business Hilights

Tracking Nigeria's Headline Business News Online

Ken Ofori-Atta

Fears as approved presidential $100m not available in Ghana for COVID-19

…Minister anchors hope on W’Bank, IMF funding as case rises to 7 Strong indications emerged Wednesday in Ghana suggesting that contrary to the presidential announcement that $100m has been earmarked for the tracking of all precautionary and management processes for…

Senate chambers
ICT

Ghana begins 9% hike in communication tax as Bill passes 1st reading in Nigeria

Official hike from 6% to 9% in Ghanaian Communication Service Tax (CST) levied on all telecoms subscribers’ took effect from October first this year. The increase stemmed from the mid-year review and supplementary budget presented to Parliament by Mr Ken…

Ghana moves to tame over-pricing of contracts, fraudulent arrears

Excessive bulk of payment arrears for contractors in Ghana is forcing the Ministry of Finance to apply due diligence in the assessment and review of all federal government contracts to avoid payments for over-priced contracts and undelivered jobs. This was…