Monthly Archives: June 2012

“Punish Corrupt Tax Officials”

Dr Kwabena Duffuor, Minister of Finance and Economic Planning has admonished the Ghana Revenue Authority (GRA) to deal strictly with tax officials who engage in malfeasance and deviant behaviour. The latest corruption survey by the Ghana Integrity Initiative (GII) revealed … Continue reading

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Foreigners Won’t Be Pampered

Mohammed Mumuni, Minister of Foreign Affairs, has noted that although Ghana is operating an open-door policy that welcomes foreigners to do business in the country, the situation does not allow them to misbehave and push Ghanaians out of business. Speaking … Continue reading

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Foreign Retail Shut Down

Foreigners who operate in the retail industry in Ghana were compelled to close their shops yesterday in line with a directive to vacate market places reserved for Ghanaians. The National Inter-Agency Task Force, which was instituted to ensure that foreigners … Continue reading

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Ghana Life Insurance Shines

Ghana Life Insurance Company was established in February 1980 as a specialist life insurance firm. From very humble beginnings, Ghana Life is now among the top 10 insurance companies in Ghana and has been a member of Ghana Club 100 … Continue reading

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Fresh Air For TOR

At least, the Tema Oil Refinery (TOR) can console itself with the assurance that it will henceforth be allowed to refine crude oil produced from Ghana’s Jubilee Oilfield. This is good news to management of the company, employees, as well … Continue reading

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BoG Wild Over Microfinance

The Bank of Ghana (BoG) has expressed worry over the proliferation of microfinance institutions in the country. However, some observers have described the establishment of the microfinance institutions in the country as encouraging since they seek to satisfy the needs … Continue reading

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TOR Refines Jubilee Oil

The Tema Oil Refinery (TOR) is expected to start refining crude oil produced from the Jubilee Oilfield. Ato Ampia, Managing Director of TOR, who disclosed this to Joy Business recently, did not specify when exactly this activity would begin, but … Continue reading

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The EuroZone Crisis And Developing Countries

Since the last quarter of 2011, the eurozone crisis has entered a new and dangerous phase despite repeated interventions by the European Central Bank (ECB) to shore up investor confidence and re-capitalize the banking system in crisis-affected countries, particularly Italy, … Continue reading

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Mutala Brings Smocks To Life

Creativity is said to be the ability to do old things in a new way or figure out different ways in which things can work together. Entrepreneurs are described as creative if they identify a gap in the market and … Continue reading

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Mining Sector Employs Over 1m

The mining sector has maintained its position as the highest gross foreign exchanger earner and contributed to the reduction in the unemployment rate in the country. Currently, the sector employs a total of 1,028,000 people who work in different fields. … Continue reading

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