A tax policy advisor of the Ministry of Finance, Dr Edward Larbi-Siaw, has explained that the economic and social benefits provided by the mining sector did not match government’s expectations, hence its decision to review the industry’s taxes.

He said the lack of transparency, coupled with the need for incentives to reform the extractive industry’s value chain, had contributed to this state of affairs while environmental degradation resulting from operations of the industry remained a cost to the country.

Standard Chartered Bank has commenced a campaign to highlight the capabilities of its internet banking service product, dubbed “Straight2Bank” in the Ghanaian banking industry.

The product, mainly utilized under the small and medium size enterprises (SMEs) banking unit of its Consumer Banking business, is fully integrated internet banking service which caters for the transaction needs of customers.