MEMBERS of the Ghana Printers and Papers Convertors Association (GPPCA) revealed that a total of 2,409 workers within the publishing industry have been laid off, noting that it was due to government in-readiness to relook at taxes imposed on books raw materials.
Category: Manufacturing
Guinness Nigeria Plc Posts Impressive Results
GUINNESS Nigeria Plc, the nation’s leading beverage manufacturer and a subsidiary of Diageo, today announced its financial results for the first quarter ended 30 September 2014.
President Mahama To Attend Norwegian-African Business Summit
GHANA’S President John Dramani Mahama is to attend the Norwegian-African Business Summit, the largest Nordic business conference on Africa, Thursday 30 October 2014 at the RaddisonBLU Scandinavian Hotel in Oslo, Norway.
At Tesco Everyone Is At Fault And No One To Blame
Audit firms cannot be relied upon to challenge their clients, writes Hugh Willmott THE discovery that Tesco overstated its first-half profits by an estimated £250m is, in the words of Dave Lewis, the retailer’s incoming chief executive, “a serious issue”. But so far as one can tell, it is not one that has unduly troubled […]
Tax Agency Closed Down Africa Automobile
THE Ghana Revenue Authority (GRA) on Thursday locked up the offices of Africa Automobile company, a leading retailer of Hyundai vehicles for non-payment of taxes. This follows the company’s indebtedness to the GRA to the tune of GHC6 million of Value Added Tax (VAT) which accrued for over two years. Officials of the GRA said […]
SABMiller takeover talk lifts JSE
THE local stock market was boosted by news that SABMiller [JSE:SAB], the second-biggest company on the JSE and the world’s second-biggest brewer, is facing a possible takeover bid from the world’s biggest brewer Anheuser-Busch InBev.
Unilever Ghana Unveils 4.4 Million Euros Factory
Unilever Ghana Limited has unveiled a personal care factory and amenities block in Tema as part of efforts to make people look good, feel good and get more out of life.
GSK Eyes Ghana In £100m Expansion Plan
The Chief Executive Officer of GSK, Sir Andrew Witty who reveled this at 5th EU-Africa Business Forum in Brussels, capital of Belgium, noted that the selected sites would be announced in due course, and subject to governments’ agreement. Over the next five years, GSK will look to partner with a number of African countries to […]
Gov Introduces Financial Stimulus Package For Local Firms
By Mashood A Kunateh in Accra, Ghana The Government of Ghana, with support from Export Development and Agricultural Investment Fund (EDAIF) has reviewed the existing legislation to provide financial stimulus to exports, pharmaceuticals, poultry, textiles and garments, SMEs and agro-processing firms in the country next year. Although the amount of the financial stimulus package is […]