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Tag Archives: Business

You can’t do business with gov’t without TIN – GRA warns

Kofi Nti

The Ghana Revenue Authority (GRA) has announced that individuals without a Tax Identification Number (TIN), effective today [April 3, 2018] will not be allowed to acquire a Driver’s license, open a bank account, get a passport, transact business with government, or register a business. The TIN, according to the GRA, is aimed at uniquely identifying potential taxpayers to broaden the ...

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Business activities ‘grew consistently’ in 2017 – Report

Business activities in the country have shown consistent growth 15 months in a row since September 2016. Consequently, the Ghanaian private sector ended 2017 with solidly improved conditions marked by growth in output and new purchasing orders. This was contained in the just-released December 2017 edition of the Standard Bank Purchasing Managers Index (PMI). Businesses responded to the higher demand ...

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Effective Living Series: Andrew Ayiku’s tips on starting your business

In the second week of the Effective Living series on the Citi Breakfast Show, Business Coach, Andrew Ayiku, broke down his ten [10] steps to starting and sustaining a successful business. In his submissions, he encouraged potential business owners to ask themselves a series of questions to determine their strengths and weaknesses in sustaining a long-term business. According to him, ...

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‘Cash for seat’ scandal: Alan Kyerematen denies wrongdoing

The Minister for Trade and Industry, Alan Kyerematen has dismissed allegations of extortion by his outfit in the recent infamous ‘cash for seat’ scandal. According to him, a Memorandum of Understanding between the Ministry and the organizers of the Ghana Expatriate Business Awards (GEBA) clearly spelt out which party was responsible for soliciting for sponsorship and collection of monies for the ...

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Each district to get Ghc2m for 1 district, 1 factory

The government will allocate at least GhC2 million to each district, municipal or metropolitan assembly for the implementation of the one district, one factory programme, the Finance Minister, Ken Ofori-Atta, has said. During the presentation of the 2018 budget statement, the Minister said that 191 companies have been selected for implementation. “The Ministry of Trade and Industry completed technical, financial ...

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Adopt research to boost growth – Businesses urged

Director of Graduate Studies at Noble International Business School, Dr. Hod Anyigba has said business owners can excel more within their various sectors when they see research as a back bone to their businesses. According to him, evidence based research contributes immensely to the growth of business. Addressing the press on the sidelines of a business insight workshop organized by ...

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Offsetting mining impact with reforestation: the story of New Abirem

A flock of birds chirp endlessly. Tall trees nearby whisper breezes and chainsaw roars a stone throw away. Shrubs and climbers envelope stumps and wild grasses bloom. The sun is hot, the breeze is cold but the ground is wet with giant footprints of tractors. This is the Kweikaru Forest Reserve where giant trees have fallen to merchants of the ...

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Mushrooming of entrepreneurs; separating the wheat from the chaff

The mushrooming of entrepreneurs in the country is very progressive and worthy of praise. Entrepreneurs contribute highly to the economic development of the country both nationally and globally. They play a key role in the success of any economy at all levels and need to be appreciated, recognized, incentivized, and capacitated to reach their full potential. However, some of them ...

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