Financial services

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Average Interest On Car Loans Drops To 34.2% In March 2017

The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017,...

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Bank Account Clerk Faces 98 Counts For Stealing Customers’ Monies

An Account Clerk with Adonteng Community Bank in the Eastern region has been charged with 98 count of offences for...

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Technocrats Should Not Take Us For Fools – Abossey Okai Spare Parts Dealers

The Chairman of the Spare Part Dealers Association at Abossey-Okai in Accra, Samuel Siaw Ampadu, says government...

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$95 Million Kumasi City Mall Opened [Photos]

The US$95 million Kumasi City Mall, officially opened for business today , drawing a lot of excitement by shoppers in...

Business

Bank of Africa Pledges Support For Government’s Development Efforts

Members of the Board and Management of Bank of Africa Ghana have paid a courtesy call on President Nana Akufo-Addo at...

Business

Be Careful With “Susu” Collectors – Golden Pride Savings & Loans MD Advises Public

Susu collection is one of Ghana’s most ancient traditional banking systems. In the Akan language, the term ‘Susu’...

Business

Financial Institutions Asked To Cease Charging VAT On Financial Services

The NPP government has with immediate effect, through the Ghana Revenue Authority (GRA) abolished the Value Added Tax...

Business

BoG Plans Implementation of Key Financial Regulations

The Bank of Ghana (BOG) has urged financial institutions and stakeholders within the industry to embrace regulatory...

Business

Stop Charging VAT On Financial Services – GRA Orders Financial Institutions

The Ghana Revenue Authority has directed financial institutions to immediately desist from charging VAT on financial...

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Average Deposit Rate Drops Again In 2017

The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March...

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Stop Charging VAT On Financial Services- GRA Orders

The Ghana Revenue Authority (GRA) has directed all financial institutions to discontinue charging VAT on financial...

Business

Banking Industry Average Base Rate Falls To 26.7 Per Cent

The banking industry average base rate as at the end of March stood at 26.7 per cent, data from the Bank of Ghana has...

Business

NPRA Reduces Informal Sector Registration Fees

The National Pensions Regulatory Authority (NPRA), has reduced its exorbitant informal sector scheme registration fees...

Business

Stop Charging VAT On Financial Services

The Ghana Revenue Authority (GRA) has warned financial institutions to discontinue charging Value Added Tax (VAT) on...

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Banks Directed To Discontinue VAT On Financial Services

The Acting Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has written to all banks...

Business

GRA Discontinues VAT On Financial Services

Tax cut is intended to some relieves to financial institutions The Ghana Revenue Authority (GRA) has discontinued the...

Business

Government Listening To Private Sector

The Private Enterprise Federation (PEF) has lauded government for taking steps in its first 100 days to help create an...

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Ghanaians Gasping For Air Under Nana Addo’s First 100 Days In Office

I have to state with great pain and sorrow that there is no better critical indicator that the future of Ghana is...

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No Salary For 26,589 Government Workers

Some 26,589 public sector workers will not receive their salaries due to their failure to register on the new Social...