You are here: HomeBusiness2023 09 29Article 1853405

Business News of Friday, 29 September 2023

Source: www.ghanaweb.com

Here are business stories that made headlines this week

BizHeadlines with Stella Dziedzorm Sogli play videoBizHeadlines with Stella Dziedzorm Sogli

This week, the Monetary Policy Committee of the Bank of Ghana kept the monetary policy rate unchanged at 30 percent.

Governor of the Central Bank, Dr Ernest Addison, attributed the decision to all core inflation measures trending downwards, indicating continued easing of underlying inflationary pressures.

Also, Member of Parliament for Madina, Francis-Xavier Sosu, presented a private member bill proposing an amendment to remove the 15 per cent Value Added Tax (VAT) on menstrual hygiene products to parliament.

The proposed bill also seeks to push for the reclassification of the 20 per cent import tax on final consumer goods to zero-rated essential social goods.

Former Trade and Industry Minister, Alan Kyerematen, said he is the only leader who can guarantee the economic and industrial transformation of Ghana.

He made this known when he announced his resignation from the governing New Patriotic Party.

The Tanker Drivers Union has said it is a threat to their business if Chinese refinery, Sentuo Oil, continues to offload fuel locally.

According to a member of the Union who spoke to JoyNews, the drivers will stop the transportation of fuel across the country if the act continues.


Watch the latest edition of BizHeadlines below



Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Watch the latest edition of BizTech below:



Click here to start the nomination process for the 2023 GhanaWeb Excellence Awards