Business

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SSNIT increases 2021 Pension pay

The Social Security and National Insurance Trust (SSNIT), in accordance with Section 80 of the National Pensions Act 2008 (Act 766), on Thursday said the indexed monthly pensions have been increased upwards by 10 per cent 2021. SSNIT working in consultation with the National Pensions Regulatory Authority (NPRA) said all …

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We’ve restored sanity in banking sector – President Akufo-Addo

President Nana Addo Dankwa Akufo-Addo

The banking sector has been sanitized following stringent measures put in place by the governing New Patriotic Party, says President Nana Addo Dankwa Akufo-Addo. He made this assertion on Tuesday, January 5, 2021, when he delivered his last State of the Nation Address to the 7th Parliament. President Akufo-Addo said …

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We’ve restored confidence in Ghanaian economy – Akufo-Addo

President Nana Akufo-Addo says within four years, his government has been able to turn around the ailing Ghanaian economy he inherited for good. He said this when he delivered his final State of the Nation address in Parliament on Tuesday, January 5, 2021. This is the last State of the …

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NIC extends recapitalisation deadline to January 2022

The National Insurance Commission has extended the deadline for the recapitalization of insurance companies from June 2021 to January 2022. The extension of the deadline is as a result of the economic impact of the COVID-19 pandemic which has affected all businesses around the world and in the country. The …

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CBG MD honoured as ‘Most Respected CEO’

Mr Daniel Wilson Addo, the Managing Director (MD) of Consolidated Bank Ghana (CBG), has been adjudged ‘Most Respected Chief Executive Officer’ (CEO) of state-owned banks at the 2020 Ghana Industry CEOs Awards held in Accra. A statement from CBG, copied to the Ghana News Agency said, the prestigious award scheme …

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Less than two million Ghanaians pay tax

About 1.5 million out of the six million eligible Ghanaian tax payers pay tax, allotting Ghana one of the lowest Tax to Gross Domestic Product (GDP) ratio in Africa. Ghana therefore has a lot to do to meet the Sub-Saharan average target of 17 per cent which is above the …

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