• Mahama orders prosecution of DKM Microfinance owners for fraud

    President John Mahama has ordered the Bureau of National Investigations to confiscate properties of DKM Microfinance as government rolls out plans to pay customers whose investments have been locked up. This comes days after the Bank of Ghana hinted it would liquidate the assets of DKM if it fails to ...

  • Journalists interact with Mahama [Full audio]

    Journalists in Ghana on Tuesday had the opportunity to meet and ask President John Dramani Mahama questions on a wide variety of issues. They asked the president questions pertaining to the economy, corruption, former Guantanamo detainees, fuel price hikes, among others. Click below for full audio: – By: citifmonline.com/Ghana The post ...

  • Institute of Taxation wants gift tax scrapped

    The Chartered Institute of Taxation is impressing on the Ghana Revenue Authority to scrap the gift tax component of the new Income Tax Law. It argues taxpayers will be overburdened following the decision to include gift taxes to personal income tax to be paid, under the new tax law. Prior ...

  • Union Savings & Loans gets banking license

    Union Savings and Loans has been issued a provisional banking license by the Bank of Ghana. The development paves way for Union Savings and loans to begin operations as a universal bank. Citi Business News has gathered the license was issued in December 2015. Ghana will now have 30 universal ...

  • NHIS service providers want premium increased

    The Health Insurance Service Providers Association of Ghana is demanding an increase in premiums paid by National Health subscribers. An increase in premiums according to them will enhance the efficiency of service providers in the delivery of quality healthcare to Ghanaians. Currently 69% of the scheme’s resources are from taxes ...

  • Gov’t should’ve consulted Parliament on Gitmo ex-detainees – Analyst

    A Security Analyst, Emmanuel Sowatey is faulting government for not tabling a request by the U.S government for Ghana to accept two freed Yemeni detainees from Guatanamo Bay to Parliament. He believes presenting the request before Parliament would have generated the necessary transparency around such an important national security issue. Ghana’s ...

  • Not every Guantanamo detainee is a terrorist [Article]

    My 70 year old mother called me in a state of panic from Tamale. Terrified, I enquired what the matter was. “I understand terrorists have invaded Ghana,” she exclaimed. I instantly burst into laughter. As happening, I allayed her fears and tried desperately to make her understand we are safe. ...

  • British murder suspect nabbed in Ghana

    The partner of British actress, Sian Blake who was murdered together with her two young sons, has been arrested. Citifmonline sources close to the investigation say Arthur Simpson-Kent was arrested in an area close to Takoradi. This was after a joint Ghana, Interpol and British Police team laid ambush in ...

  • Bright Simons’ mPedigree Network now mPedigree

    The mPedigree Network is now mPedigree. Effective 31st December 2015, the mPedigree Network started to trade as simply mPedigree as part of their recent rebranding. MPedigree uses mobile phones to secure pharmaceutical products against counterfeiting. They have also expanded into the textile and cosmetics industries in Nigeria and Ghana. MPedigree ...

  • Govt to issue 500 million cedi 3 year bond today

    Government will today Thursday 7th January issue its first bond for 2016. The bond which is a 500 million cedi 3 year fixed rate bond will be the first bond issued by the bank of Ghana on behalf of government for 2016. Following the implementation of the new income tax ...

  • Ghana to receive Yemen, Syria, Rwandan refugees

    The Ghanaian government has agreed to provide humanitarian assistance to persons from Rwanda, Syria and Yemen following the crisis that happened in the Middle East. A statement signed by the Minister of Foreign Affairs, Hanna Tetteh, said government has decided to allow relatives of members of the Syrian community already resident ...

  • BoG revokes license of 70 microfinance companies

    The Bank of Ghana (BoG) has revoked the temporary license of 70 microfinance companies and a money lending company for failing to meet conditions precedent to the issuance of a final license. According to the BoG, in the exercise of its powers, it grants licenses to persons desiring to conduct ...

  • New income tax burden: See how you will be affected [Infographic]

    The Ghana Revenue Authority (GRA) has introduced a new income tax law, Income Tax Act, 2015 (Act 896)  to replace the repealed Internal Revenue Act, (Act 592). The infographic below shows rates to be charged on income earned by individuals, effective 1st January, 2o15.   – By: Mawuli Tsikata/citifmonline.com/Ghana   The ...

  • Harvard University students tour Kasapreko [Photos]

    A team from Harvard University in the United States on Monday visited Kasapreko Company Limited, a Ghanaian-owned total beverage maker, as part of a field tour in Ghana. Led by Dina Pomeranz, an Assistant Professor of Business Administration of the Harvard Business School (HBS), a team of 60 students were ...

  • President Mahama approves promotion for 12 prison officers

    President John Dramani Mahama, acting on the advice of the Prisons Service Council, has approved the promotion of 12 superior officers of the Ghana Prisons Service.A statement issued by the Public Relations Department of the Prisons Service, and signed by the Chief Public Relations Officer, Deputy Superintendent of Prisons, Vitalis ...

  • Beneficiaries of school feeding to be registered onto NHIS

    Managers of the Ghana School Feeding Programme (GSFP) say all beneficiaries of the programme will soon be registered onto the National Health Insurance (NHIS) Scheme next year.Alhaj Siiba Alfa, Public Relations Officer, GSFP, explained that the GSFP being a social intervention programme, the provision of health assistance to beneficiaries would help to ...

  • Accra Police to deploy 3,200 officers for 31st night

    The Accra Regional Police Command has said it will deploy over 3,000 Police officers across the capital to maintain law and order. Addressing journalists in Accra, the Accra Regional Police Commander, COP George Dampare assured Ghanaians they have put measures in place to ensure a peaceful 31st night. “We are ...

  • Save us from collapse – Local cement manufacturers cry out

    The  Association of  Cement  Manufacturers in Ghana is calling for an urgent  intervention  from government to  save the industry  from collapse. The manufacturers lament the influx of imported bagged cement coupled with a reduction in freight value of the product is detrimental to their business. In their bid to get ...

  • Ex-soldier arrested over police recruitment scam

    An ex-soldier, Francis Kunlen, is in the grip of the law for collecting monies from prospective police recruits with the assurance to assist them to be enlisted into the Ghana Police Service. The 58-year-old was arrested on the eve of Christmas at his hideout at a location near Sowutuom in ...

  • Gov’t must come clean on bus branding scandal – AFAG

    Pro-opposition pressure group Alliance for Accountable Governance (AFAG), has charged government to set the records straight on the murky GHC 3.6 million bus re-branding scandal. Although the group in a statement commended government’s “swift action” to retrieve part of the money, it observed that the “step is incomplete until the ...

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    Dove investire nel 2016?

    In una realtà veloce e dai cambiamenti a volte tanto strabilianti quanto repentini, con il nuovo anno ormai alle porte è tempo di previsioni, stime ed a volte anche di azzardi. E’ evidente come non sia affatto semplice in questo contesto, individuare quali saranno i mercati a maggior potenziale di ...