The CEO of Independent Power Generators, Ghana (IPGG) has hinted at a potential increase in electricity prices following the introduction of the Emissions Levy.
Dr....
The Ghana Union of Traders Association (GUTA) has expressed its opposition to the proposed implementation of Value Added Tax (VAT) on electricity charges and...
The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has welcomed the maiden Open Competitive Tender for LPG imports into the country.
According to the...
Sixty four percent of working Ghanaians are financially stressed, particularly amongst lower income earners (below GH¢3,000 per month) and those working in the informal...
The Chief Executive of the Ghana National Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has bemoaned the rate at which companies are collapsing...
The Ghana Union of Traders Association (GUTA) is urging the government to abolish the recently introduced Emission levy.
The Emission Levy, introduced by the Ghana...
Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps from today, February 2, 2024.
Market Leader, GOIL is selling...
The President of the Ghana Institution of Engineering (GhIE), Ing. Kwabena Bempong, has pointed out that the government has no business building houses.
According to...
The Chief Executive of the Ghana Chamber of Commerce and Industry, Mark Badu-Aboagye, has expressed serious concerns about the escalating burden of both direct...
The Vice President, Dr. Mahamudu Bawumia, has tasked accountants to go beyond traditional roles by embracing innovation and adaptation to become strategic business partners....
President of the Ghana Online Drivers Union, Francis Kweku Tengey, has advised the government to invest in electronic vehicles (e-vehicles).
This way, there would be...
The Bank of Ghana has said its strong policies coupled with a relative exchange rate stability, and effective liquidity sterilization efforts pushed inflation down...
Only 15.0% of farms in Ghana are commercialized, C-Energy Global Holdings has stated.
It report on “Creating Agriculture Financing Schemes for Sustainable Agriculture and Food...
Inflation will ease throughout 2024 averaging 18% in 2024, Fitch Solutions has predicted.
It insists the easing inflation will force the Bank of Ghana to...
After three years of extreme volatility, commodities prices are set to broadly stabilise in 2024.
According to the Economist Intelligence Unit Commodities Outlook 2024, this...
In a bid to enhance financial transparency and compliance with tax regulations, leading Electronic Money Issuers (EMIs) in Ghana have announced the impending blocking...
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has said that the country’s monetary policies have responded positively to the International...
The Ghana Union of Traders Association (GUTA) is expressing concerns that their supply chain within West Africa may be disrupted soon.
This is due to...
All mobile money agent accounts without Ghana Cards or Tax Identification Number will be blocked on February 1, 2024, the Ghana Chamber of Telecommunications...
The Ghana cedi gained across the major trading currencies last week on the back of improved foreign exchange supply amid easing demand pressures.
It appreciated...
Three companies owe the state GH¢247.7 million in unpaid value added tax (VAT) since 2021, the Commissioner in-charge of Domestic Tax and Revenue Division...
The Commissioner of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Owusu-Amoah has admitted that he has been working without contract.
The GRA Boss came...
The Bank of Ghana has approved the recapitalisation plans submitted by undercapitalised banks, the Staff Report by the International Monetary Fund dubbed “2023 Article...
The government recorded 121.4% oversubscription of Treasury bills to the tune of GH¢5.606 billion.
This follows the inflow of the second tranche of the International...
Ghana Revenue Authority (GRA) collected GH¢113.06 billion for the 2023 fiscal year as against a revised target of GH¢109.19 billion.
This performance represents a nominal...
Ghana remains in debt distress with its current position assessed as unsustainable, the International Monetary Fund has revealed in its Staff Report on Ghana...
The Chief Executive of the Ghana Enterprises Agency, Kosi Yankey-Ayeh, has revealed that her organisation has successfully disbursed over GH₵700 million to support micro,...
The Executive Chairman of the KGL Group of Companies, Alex Apau Dadey has stressed the pivotal role that Public-Private Partnerships (PPPs) play in Africa's...
President Nana Akufo-Addo will be commissioning the 97 kilometre railway line from Tema to Mpakadan by March 2024 when the newly acquired trains arrive...
The Ghana Revenue Authority plans to leverage customer-centric initiatives to woo more businesses and people into the tax bracket in 2024.
According to the Commissioner...
The International Monetary Fund expects revenue to underperform the Ghana Government target by 0.1% of Gross Domestic Product in 2024, while expenditure overshoots the...
Former Finance Minister, Dr. Kwabena Duffuor, is cautioning the government against what he described as excessive taxation.
He says instead of increasing taxes, the government should rather build a robust and efficient tax capacity that has the capacity to generate enough domestic revenue to cushion the Ghanaian economy.
He believes building a strong tax regime should be the focus of the current New Patriotic Party, rather than introducing taxes that could affect the growth of businesses and overburden Ghanaians.
