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Tag Archives: Citibusinessnews

Gov’t to settle arrears owed ‘Planting for Food and Jobs’ seed suppliers

The Ministry of Agriculture has assured that government will pay suppliers of seeds to farmers under the ‘Planting for Food and Jobs’ programme. According to a Deputy Minister of Agriculture, Dr. Sagre Bambangi, government is committed to redeeming its pledge to the farmers. Some of the farmers, who supplied seeds for the planting for food and jobs programme, have complained ...

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Bitcoin sinks on exchange fears

Bitcoin fell to its lowest level since November amid fears that its price was propped up artificially by one of the world’s largest digital currency exchanges. The US Commodity Futures Trading Commission, a financial regulator, is understood to be investigating the Bitfinex digital currency exchange. Bitcoin, the most popular and widely traded of about 1,500 digital currencies, rose to a ...

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Pilot property tax rate before implementation—Tax Analyst

A tax analyst has called on government to pilot the implementation and collection of the property rates in 2018. According to William Owusu Demitia, a Senior Associate Consultant at Ali-Nakyea & Associates, this would help government identify key issues that has to be addressed before a nationwide implementation. As part of measures to improve domestic resource mobilization, the Finance Minister during the ...

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Banks’ lending rates drop marginally

Citi Business News’ checks have revealed that the Annual Percentage Rates and Average Interest Rates recorded in October have dropped marginally as compared to that of September 2017. Between September and October this year, all but one of the nine categories of the Bank of Ghana’s Annual Percentage and Average Interest rate report, witnessed a marginal decline in interest rates. The rates ...

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Citi Business Festival 2017: What to expect [Infographic]

This year’s edition of Citi FM’s most patronized business event, the Citi Business Festival, is set to assemble the best resource persons to address pertinent issues in different fields. The infograph below has more on what to expect.     – By: Citibusinessnews.com/Ghana

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#HelloKigali Tour Day 3: Land and Legal Reform

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#HelloKigali Tour Day 1: The Arrival

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Day 2 of #HelloKigali tour

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GRA accrues billions through deployment of database software

The Ghana Revenue Authority (GRA) has recorded massive shoot-up in tax mobilisation through the deployment of Total Revenue Integrated Processing System (TRIPS). The GRA said many companies now use TRIPS to automate the processes for assessing, filing and payment of various domestic tax forms such as Income Tax, PAYE, VAT, Withholding Tax, Gift Tax, etc. TRIPS which was developed by ...

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