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GN Bank Wins Award

GN Bank has been adjudged the best growing bank at the 16th Edition of the Ghana Banking Awards (GBA) held in Accra recently. The bank was also named the second runner-up for Trade Finance at the annual awards organised by Corporate Initiative Ghana (CIG). This year’s event was on the theme: “Redefining a Sustainable Customer […]

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GN Life Assurance launched with focus on informal sector

President of Groupe Nduom and Senior Veep of Groupe Nduom, Dr. and Mrs. Nduom   GN Life Assurance Company Limited (GN Life) is the latest life insurance company to join Ghana’s life insurance market. This follows the formal launch of the company in Accra yesterday following the start of operations in July 2015. The company […]

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Pressure mounts on gov’t to reduce tax on gold

Gold buyers in the gold mining communities in Ghana are currently mounting intense pressure on the central government to, immediately make a reduction in 10 percent taxes slapped on gold transactions in the country. The immediate reduction of 10 per cent on gold transactions, they stressed would go along away to avoid the smuggling of […]

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Exposed: 70% of fuel cost in Ghana just taxes

President John Mahama It has emerged that Ghanaians are not enjoying the drastic fall in fuel prices because taxes alone constitute about 70% of the cost of fuel in Ghana today. For example, Energy Debt Recovery Levy of 41 pesewas per litre of petrol and diesel is said to be money that would go to […]

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Tanzanian President forces officials to sign public integrity pledge

Tanzanian President John Magufuli has forced new government officials to publicly sign a pledge of integrity before entering office, U.S. broadcaster Voice of America(VOA) reported. Since his election in October, Magufuli has undertaken various initiatives aimed at rooting out corruption and reducing bureaucracy within government. The president fired dozens of port officials in December after more […]

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Broadcasters head to Supreme Court to kick aga

Independent broadcasters say government is seeking to control private media by introducing a criminal libel law through the back-door, packaged in a new Legislative Instrument (LI 2224). Parts of the LI states “an operator shall not convey or permit to be carried, content on a public electronic communications service or a broadcasting service without obtaining […]