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Traders at Bantama market area in Kumasi are crying of imminent collapse of their businesses after they are forcefully moved to Race Course by the city authorities, complaining of no space and shops to keep their wares, leaving them to the mercy of thieves. Petty traders who...
The country’s total debt stock has reached GH¢154 billion May ending, according to a provisional data from the Bank of Ghana. The provisional data shows that stock of debts has gone up by Gh¢9 billion in three months from February 2018. The Bank of Ghana in February this year put the...
The leadership of the Industrial and Commercial Workers Union (ICU) has joined other labour unions to kick against the proposed extra 1% levy on Value Added Tax for the National Health Insurance Scheme (NHIS). Government is seeking to increase the 2.5% NHIS levy on VAT to 3.5%, which is set...
The Ashanti Regional branch of the Ghana Union of Traders Association (GUTA) has ordered its members to stop paying Business Operation Permit (BOP) fee to the Kumasi Metropolitan Assembly (KMA) until further notice. GUTA said the KMA had increased the permit fee otherwise referred to as Store Licence, by over...
Internet café operators in Kumasi have bemoaned over the poor patronage of their services, a situation they have attributed to the emergence of smart phones which have the abilities of providing the same internet services. They say, their services which are basically patronized by students for their academic research works,...
David Domelovo, Auditor-General The Auditor-General’s department is set to embark on a major audit of the civil service from July 17, 2018. The Special Prosecutor’s Office is also going to be in the loop as the department makes a new attempt to rid the country’s payroll of ghost names. The Auditor-General, Daniel...
The government of Ghana has hinted of increasing taxes in its mid-year budget review. Ahead of the mid-year budget presentation to Parliament, Special aide to President Nana Akufo-Addo and leading member of New Patriotic Party Gabby Asare Otchere-Darko hinted that government will increase tax to raise more revenue. In a Facebook...
Information reaching Class News indicates that the Tema Oil Refinery (TOR) has sacked over 200 casual workers as part of a retrenchment exercise.Many more casual workers, according to sources familiar with happenings at TOR, are to go home.Though no official reason has yet been given for the move, the...
The National Petroleum Authority (NPA) has disclosed that Ghana loses about 850 million cedis annually in taxes, due to the increased activities of fuel smugglers into and out of the country. The illegal act is said to involve operators who ply their business at the ports by fuelling tanks with...
Unconfirmed reports indicate that former Vice President, Paa Kwesi Amissah-Arthur has died. According to a close source, he was rushed to 37 Hospital after he collapsed at the Airforce Gym Friday morning. He died at the age of 67 with two children. He was pronounced dead upon arrival. Ghana’s Former Vice President...
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