The port operator has signed a purchase agreement with Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) for the acquisition of 15 new gantry cranes, including 3 STS cranes and 12 RTG cranes. The $53.31m investment will enhance the capacity at Terminal 3 in the Port of Tema and reflects MPS’ commitment to continuously improve its […]
The world’s richest person, Jeff Bezos, is wealthier than he’s ever been. Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos’ net worth is up by $4.9 billion, making the 56-year-old the world’s first-ever person to amass […]
Thriving Ghanaian business, Hair King, dealers in authentic hairs and other beauty accessories such as body lotions and perfumes among others is adding another department to its business. The new addition known as Hair King’s Place is a multi-purpose place made up of a state of the art Spa or Massage Center, a Hair Salon […]
The second edition of West Africa Business Excellence Awards, which aims at recognising companies and individuals who have played a significant role towards the development of various sectors in the West African region has been slated for May 17, 2019. The initiative was set up by KN Unique Communications, in partnership with Strategic Accountancy Africa […]
The Tema Port expansion project in Ghana has welcomed the second batch of gantry cranes under the Meridian Ports and Services Limited. According to Mohammed Samara, CEO of Meridian Ports and Services Limited, the process of testing the cranes has already begun before it slated to be handed over to the USD 1.5 billion Tema Port expansion project, which was commenced […]
There is an uneasy calm at the Tema Port over possible job losses following a notice served by the Ghana Ports and Harbours Authority (GPHA) that some inland container depots (ICDs) will no longer receive consignments when the new Terminal Three (T3) project is opened for business in July this year. The GPHA, on January […]
Government has committed about $100million to support entrepreneurs in the country, Minister for Business Development has said. Mohammed Awal said, ‘We want to make young people know that when you have a business idea, the government is willing to support you. In 2017 government devoted 10 million dollars to support startups but this year the […]
The Registrar General, Jemima Oware, says the process of registering a business in Ghana has significantly improved. Responding to a Joy Business report on the ease of business registration, Jemima Oware explained that new technologies allow for businesses to be registered between two to three days and not months as has been reported by some […]
An international tax consulting firm, KPMG, has identified eight different tax policies which are currently derailing the smooth running of businesses in the country. The policies include the decoupling of the GETFund and NHIL Levy from VAT, Luxury Vehicle Levy and the extension of National Fiscal Stabilisation Levy (NFSL). The rest are letters of credit […]
The Vehicles and Assets Dealers Association of Ghana (VADAG), on Wednesday asked the government to withdraw the Luxurious Vehicle Levy within two weeks or they will hit the streets to protest. The Association said after the two weeks ultimatum if nothing is done, members would embark on a massive demonstration throughout the country, to register […]
