Category Archives: Finance

BoG commends GOIL for joining national digitization drive

Accra The Bank of Ghana has commended GOIL Company Limited for taking the initiative as the first Oil Marketing Company to enter into the electronic payment system through the “GOIL/gh-link Card usage at all GOIL Filling Stations. Mr Setor Amekudzi, Head of BoG Payment Systems who gave the commendation said digitisation brings many benefits and

Eastern, Volta and Oti branches of AGI launch E-Commerce portal

  Koforidua The Eastern, Volta and Oti Regional branches of the Association of Ghana Industries (AGI) have launched an E-Commerce Portal to help boost the sale of members’ products and services.   The platform is aimed at preparing members for the new African Continental Free Trade Area (AfCFTA) and make them more competitive on the

Ghana ready to host AfCFTA despite Covid-19

  Accra Government on Tuesday announced that the nation is ready to host the African Continental Free Trade Area (AfCFTA) despite the Covid-19 pandemic.   The AfCTA is a free trade area created by the African Continental Free Trade Agreement among African Union nations, with its secretariat to be based in Accra.   In statements

Government must intensify domestic revenue mobilization efforts

  Accra The Tax Justice Coalition (TJC) Ghana has urged the Government to intensify its efforts at mobilizing domestic revenues to help shore-up financial gap created as a result of the impact of the COVID-19 pandemic. This, the association said, should include the reinstatement of some scraped taxes, such as the ‘nuisance taxes’, taxing of

Insurance Brokers caution on commercial implications of COVID-19

Accra Mr. Shaibu Ali, the Vice President of the Insurance Brokers Association of Ghana, has urged brokers to carefully assess the commercial implications of the COVID-19 pandemic on their clients to protect themselves from the risk of claims.   Mr Ali, who is also the CEO of KEK Reinsurance Brokers (Africa) Limited, said Insurance brokers