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1-10 results from 1000 for query «revenue»

July 25, 2018 2:58 PM NBSSI calls for establishment of garment factory in Hohoe

The Hohoe Municipal office of the National Board for Small Scale Industries is calling for support towards the establishment of a factory to grow the garment industry in the area. Mrs Makafui Hodanu, Business Advisor with the Board, said land as well as some structures had been secured, and that with the provision of about 150 industrial sewing machines 314

July 25, 2018 2:43 PM Ghana is rolling out E-Tracker to monitor and improve quality care-Nsiah-Asare

Dr Anthony Nsiah-Asare, Director General of the Ghana Health Service (GHS), has said the Service is rolling out an E-tracker system to monitor Persons Living with HIV who are on Anti-Retroviral Therapy (ART) to improve quality services being rendered. He said introduction of the E-tracker system, part of institutional reforms by government for all public 308

April 5, 2018 5:35 AM Deposits still major source of funds for banks – BoG report

Customer deposits still remain a major source of revenue for commercial banks. As a result, commercial banks also bear greater responsibility to their customers in earning interests on such deposits. The latest banking sector report by the Bank of Ghana shows that deposits accounted for 62.5 percent of the banking industry’s assets as at December 2017. According 1261

March 23, 2018 5:35 AM CAL Bank records GH¢145m profit in 2017

CAL bank has posted a profit after tax of 145.2 million cedis for 2017. This is a significant improvement over the previous year’s figure of 7.2 million cedis. Despite this, the bank still acknowledges the impact of the legacy debts in the energy sector on its loan books. In the first of Citi Business News’ series of report on the performances of the listed 121

February 23, 2018 9:58 AM New law to track VAT electronically in the offing

Parliament will soon pass a law that will track all VAT issued at various retail centers across the country. The Fiscal Electronic Device Bill is expected to connect all Point of Sale (PoS) devices with the Ghana Revenue Authority (GRA)’s systems. The move is to ensure that VAT issuing companies do not under declare their values and also punish tax evaders 90

February 22, 2018 4:01 PM Gov’t fails to yield to pressure over tax stamp

Businesses who fail to comply with the implementation of the Excise Tax Stamp by 1st March, 2017, will have their goods seized and subsequently dealt with by the law. This is the indication from a Deputy Finance Minister, Kweku Kwarteng. He argues that government can no longer hold back the implementation of the Excise Tax Stamp Policy due to setbacks 70

February 21, 2018 5:30 AM Beverage manufacturers want tax stamp suspended

Businesses in the Food and Beverage industry, have renewed appeals for government to suspend the implementation of the excise tax stamp policy. According to them, they have not been properly integrated into the implementation processes hence the need to address their concerns before the implementation of the policy. “Our engagements with government to reconsider 89

February 19, 2018 3:32 PM Youth club inaugurated in Vakpo SHS to promote local tourism

The Ghana Tourism Authority’s Office in the Volta Region marked this year’s National Chocolate Day at the Vakpo Senior High School by rejuvenating the school’s tourism club to make its members serve as brand ambassadors of Ghana-made products and Volta tourist sites. In line with the celebration of love and enjoyment of good meals and chocolates that have become 90

February 16, 2018 6:00 AM IES slams ‘insignificant’ 2% Special Petroleum Tax reduction

A senior Analyst at the Institute of Energy Security (IES), Richard Rockson, is dissatisfied with the marginal reduction in the Special Petroleum Tax from 15 percent to 13 percent. Like some observers, Mr. Rockson insists that the Special Petroleum Tax should be scrapped completely. Mr. Rockson stated that even after the reductions, Ghanaians will continue 90

February 15, 2018 5:30 AM Importers resist Customs’ Cargo Tracking Notes policy

Businesses at the ports are opposing customs new policy, the Cargo Tracking Notes (CTN), saying it will add unto their cost of production. The CTN is expected to track all imports to Ghana to reduce revenue losses with under declaration. Even before its implementation in March 2018, the businesses say they will be disadvantaged. The freight forwarders 86