Labadi Beach Hotel still sets standards after 33 years
The renowned 5-star establishment, Labadi Beach Hotel, has once again proven its commitment to excellence by receiving the CIMG Hospitality Facility of the Year 2023 award for the third time in a row. This prestigious accolade emphasizes the hotel’s unwavering dedication to providing exceptional service and creating unforgettable guest experiences. In addition to this honor, […]
Ghana’s Cocoa Freight Rates to Increase by 5% for 2024/2025 Season
The Cocoa Marketing Company (CMC), Ghana Shippers’ Authority (GSA) and 17 shipping lines have agreed to a 5% increment in basic freight rate for the 2024/2025 cocoa season. The new rates, set to take effect on October 1, 2024, reflect the ongoing challenges in the global shipping industry while maintaining Ghana’s competitiveness in the cocoa […]
Distinguished Speaker Series on Foreign Direct Investment; H.E. John Dramani Mahama
On 29th August 2024, The consortium of reputable trade associations, including the Spain Ghana Chamber of Commerce, American Chamber of Commerce in Ghana, Ghana Netherlands Business & Culture Council (GNBCC), CCI France Ghana, Canada Ghana Chamber of Commerce, Ghana South Africa Business Chamber and Eurocham Ghana organised the inaugural event of the Distinguished Speaker Series […]
New Shippers Authority Law will promote welfare of traders – GUTA
The Ghana Union of Traders Association (GUTA) has welcomed the newly passed Ghana Shippers’ Authority (GSA) Law, saying it will offer the Authority “the teeth to bite” to effectively regulate the shipping industry. The Association said the law would empower the GSA to exercise control of the port and have the power to approve or […]
T-bills auction: Government fails to meet target for 6th consecutive week
The government failed to meet its treasury bills target for the sixth week running. According to the T-bills auction published by the Bank of Ghana, the government missed the target by 6.91%. The government got GH¢ 4.624 billion from the sale of the T-bills. The target for the auction was GH¢4.96 billion. GH¢3.606 billion, representing […]
It is time to review VAT policy – GRA supports calls by business associations
The Ghana Revenue Authority (GRA) has joined calls for policy reforms to simplify the country’s tax administration. According to the Commissioner General Julie Essiam the current Value Added Tax (VAT) structure makes it difficult for individuals and businesses to comply. She made this call at the 12th Annual International Tax Conference organized by the Chartered […]
Farewell His Excellency Javier Gutierrez
The President Joaquín Roura Lama and 2nd Vice President Nadim Ghanem Parés of the chamber paid a visit to HE Javier Gutierrez, Spanish Ambassador to Ghana to bid him farewell as his three-year diplomatic assignment in Ghana concludes. Your presence in Ghana was very much cherished and your valuable work and support towards the growth of the chamber is […]
SSNIT announces shift to fixed-income-focused portfolio
The Social Security and National Insurance Trust (SSNIT), the largest institutional investor in the economy, has announced a transition to a fixed-income-focused portfolio. SSNIT’s portfolio totals GHS 16.7 billion, with 49.3 percent in equities, 34 percent in alternative investments, and only 16.7 percent in fixed income. However, SSNIT plans to significantly rebalance its portfolio in […]
Spanish Embassy launches book on Ghana’s Cultural Heritage
The Spanish Embassy in Ghana has launched a book on Ghana’s cultural heritage, with a call for collaboration and innovation to preserve and promote the country’s heritage. Titled “A Panorama of Ghana’s Heritage,” the two-part 110-page book which is the second edition, is published in English and Spanish. The first part features images of Ghana’s […]
Government institutes monthly stakeholder dialogue to ease doing business in Ghana
The government has instituted a new monthly stakeholder dialogue with both local and foreign businesses to fast-track the processes of doing business in Ghana more conducive. The engagement would feature a survey, which will track the progress made on the implementation of measures to ease doing business in the country, as well as ways to […]