GRA to crackdown on tax defaulters

The Ghana Revenue Authority (GRA) has its intention to begin a crackdown on tax defaulters after June 21, 2024, in accordance with Section 80 of the Revenue Administration Act, 2016 (Act 915), which considers non-compliance with tax obligations an offence. The GRA stated that it will, in relation to this, initiate a debt collection exercise…

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Innovative solutions needed for Africa’s enduring SIM card problem

Tracey van Heerden By Tracey van Heerden, Head of Product Development & Operations at Itemate Solutions Telco operators throughout Africa continue to face several challenges around SIM card registration in the wake of new regulations and shifting consumer habits. In 2022, millions of Nigerian mobile subscribers were barred from making calls following a government directive to disconnect…

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Nvidia is now the world’s most valuable company

Nvidia Corp.’s relentless rally has propelled the semiconductor giant’s market capitalisation over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as the artificial intelligence wave continues.    Shares rose as much as 3.4% to about $3.3 trillion (about R60 trillion) on Tuesday, catapulting it over Microsoft Corp. and Apple…

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Afua Asantewaa Lands Phyto Science Deal

Afua Asantewaa (left) Stem Cell therapy giants – Phyto Science has signed Afua Asantewaa of Guinness World Record (GWR) fame for two years subject to renewal effective June 16, 2024. At the brief but impressive signing ceremony at 2927, Tesano in Accra, Mr Bismark Osafo Boateng, Managing Director Phyto Science Africa said ” Afua Asantewaa…

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World Bank approves $4m grant to boost access to funds earned from carbon credits

The World Bank and Solidaridad West Africa (SWA) – leading implementation agency for Ghana signed a grant agreement for a US$4 million project to boost social inclusion in the sharing of benefits generated within the Ghana Cocoa Forest Reducing Emissions from Deforestation and Forest Degradation (REDD+) Program (GCRP). By directly engaging 20,000 farmers from 100…

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Ghana Cedi Is World’s 4th Worst-performing Currency – Bloomberg Ranking Reveals

Source: Africa Publicity The Ghana Cedi is the world’s fourth worst-performing currency, a new Bloomberg’s ranking of top 150  currencies globally has revealed.  Data from Bloomberg shows that the Ghana Cedi depreciated by 0.2% to 14.9335 per dollar by the close of trading in Accra on Monday, June 10, 2024. Bloomberg says since the beginning of…

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