BUSINESS

Some customers of Menzgold Ghana Limited, who thronged the gold-trading firm’s Dzorwulu office on Friday 9, November 2018 with the expectation of receiving 15 per cent of their principal investments as promised them by the company last week, were left disappointed as they say the embattled company appears to be only interested in migrating its customers onto its new online ...

The Ghana Revenue Authority (GRA) in the Upper East Region, has embarked on a programme to enforce the Excise Tax Stamp Policy, as part of measures to prevent excisable products without Tax Stamp from being sold to the public. The nationwide activity is part of efforts instituted by the revenue mobilization institution to ensure that all distributors, wholesalers and retailers ...

Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah has encouraged its aggrieved customers to take advantage of the company’s online platform and migrate on it. Breaking his silence for the first time on the brouhaha involving his company, the Securities and Exchange Commission and the Bank of Ghana (BoG), he assured customers that his company will pay them their ...

The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, popularly known as NAM 1, has assured customers of the embattled company that Menzgold will not collapse. According to him, the company is bouncing back stronger as they are working assiduously to address all the challenges they’re faced with. In an interview on his Zylofon FM on Monday, Mr. ...

The CEO of Menzgold, Nana Appiah Mensah, has moved to assure Ghanaians that the gold dealership firm will not fold after the Deputy Minister of Finance controversially claimed that the company was on the verge of being closed down in the country. Mr Mensah said claims that the gold dealership company is a financial is not accurate insisting the company ...

Government has been urged to amend sections of the Internal Revenue Act 2000 that gives tax incentives to multi-national companies in the country. Section of the Act 592 provides tax incentives and holidays to some companies listed on the Ghana Stock Exchange. But, Mr Raphael Godlove Ahenu, the Chairman of the Brong-Ahafo Regional Chapter of the Tax Justice Coalition, said ...

CUTS International Ghana, a research and advocacy policy think tank, has proposed to government to remove the special petroleum tax to lessen the impact of the exchange rate vulnerabilities on consumers. The organization expressed concern about the persistent increases in petroleum products prices, adding that, the removal of the tax would reduce the effect on rising cost of transportation of ...

The Bank of Ghana (BoG) has directed all Forex Bureaus in the country to demand Identification Cards (IDs) before engaging in forex transaction. This is contained in the Central Bank’s new directives aimed at helping regulate the forex bureaux sector. The directive also requires forex bureaus to capture all transactions electronically and submit to the regulator within five working days ...

Reliable information reaching JoyBusiness indicate at the close of October 8, 2018 deadline for the National Communications Authority (NCA) 800MHz spectrum auction, only Voda Ghana and Quantum Oil had placed bids. There were three 2x5MHz spectrum slots at stake, and NCA’s asking price for each was $33.75million. But Vodafone Ghana is said to have placed a bid of $24million for ...

The Institute of Energy Security (IES) is projecting a two-to-four per cent reduction of fuel prices on the local market in November 2018. This is as a result of the 5.94 per cent fall in Brent crude average prices, fall in finished prices on the international market, and the Cedi recording respectable gains against the dollar within the window said ...