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Friday, April 26, 2024
The Coalition of Transport Unions and Associations has asked the government to scrap nuisance taxes else they will increase transport fares by 20% in the next 13 days. The Coalition of Transport Unions and Associations earlier threatened to increase transport...
The Government of Ghana has expressed its profound appreciation to all stakeholders, especially bondholders who voluntarily responded to the national call and participated in the Domestic Debt Exchange Programme (DDEP). The Finance Ministry said in a statement that under the...
Deputy Minority Leader Emmanuel Armah-Kofi Buah has said that there was no transparency in the agreement between the Ghana National Petroleum Corporation (GNPC) and the Genser Company Limited for the combined gas and pipeline infrastructural project. His comments come after...
The secondary bond market rebounded last week, recording an increase in total volume traded. Total market turnover expanded by 18.78% to ¢90.40 million. The upturn in overall market activity followed increased transactions across the new bonds. The 7-year new bond (maturity: Feb-2030)...
Menzgold Ghana has announced the cancellation of a paid customer validation process in its efforts to facilitate the processing of payments for its aggrieved customers. In a letter dated August 18, 2023, the company informed its clients that this validation...
The Ghana Revenue Authority (GRA) has arrested managers of some hardware and general merchandise shops in the Weija-Kasoa enclave in the Greater Accra and Central regions for non-compliance with Value Added Tax (VAT) regulations. Modern Floors Hardware, Qinqsong Company limited,...
The management of the Bank of Ghana (BoG) has justified why they invested $250 million in the construction of a new building to serve as its new headquarters in Accra. Bank of Ghana In a statement on Wednesday, August 9, 2023, the central...
Government has missed its 1st half target for the infamous electronic transaction levy (e-levy) by some 54% according to data from the 2023 mid-year fiscal policy review. Finance Minister, Ken Ofori-Atta in November 2022 presenting the 2023 budget statement in...
Finance Minister, Ken Ofori-Atta, during the presentation of the 2023 mid-year budget review today, July 31, announced significant revisions to the country’s macroeconomic and fiscal frameworks. The revision aims to align with the targets of the IMF-supported PC-PEG due to...
The Bank of Ghana has come under strong criticism from the Minority in Parliament, with the group asserting that the central bank is not competent for its designated role.     The Minority laments that the BoG is unable to execute monetary...
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