Mr Kwaku Kwarteng, Chairman of the Finance committee of Parliament has appealed to Members to support government’s policies. He urged them not to create the impression that the imposition of taxes was against the interest of the people. According to him members must partner government in cutting cost and raising revenue, adding that it was …
Mr Crispin Bobio, Energy Analyst, Baobab Energy Consult, says Ghana can build a low-cost, competitive and sustainable power sector if government discloses future Power Purchasing Agreements (PPAs). He said transparency of PPAs would level the playing field for all firms and reduce governance and investment risks and build public confidence about government’s management of the …
The Social Security and National Insurance Trust (SSNIT) has commenced Saturday services to its Members and Clients at selected SSNIT branches from 9:00am to 2:00pm beginning 2nd October, 2021. The launch of the SSNIT Saturday Service was held at the Airport City branch of the Trust today. Speaking at the launch, the Deputy Director-General of …
Ghana is no longer on the European Union’s list of blacklisted countries that has failed to put in measures to fight money laundering. This follows the removal of the country from the league of countries cited for money laundering by the Financial Action Task Force today 25th June, 2021. Prior to that, the European Union …
The Minister of Finance, Ken Ofori-Atta is backing the recent announcement by the finance ministers of the G7 countries who are pushing for a global corporate minimum tax of 15 percent. This would require companies from the G7 countries to pay at least a 15 percent rate in each country they operate in. He believes …
The Producer Price Inflation (PPI) fell to 11.1% in April 2021, from 13.0% recorded in March 2021. This reflected the decline in Consumer Price Inflation in April 2020, which fell by 2%. According to data from the Ghana Statistical Service, the month-on-month change in producer price index between March 2021 and April 2021 was -0.1%. …
The African Business Community Development (ABCD) Hub will select the first batch of small businesses into its Accelerated Business Development Institute to participate in an Investment Readiness Program. The ABCD Hub, is gearing up to hold its first pitch event on 5th June, 2021 at the Headquarters of OYA Capital Management, Accra. The event, is …
The Ghana Police Service has urged mobile money vendors across the country to install CCTV cameras at their vending points. This, the police says, will help identify and arrest criminals who rob mobile money operators. It says the presence of these cameras would also help prevent theft because criminals do not want to be recorded …
The 2021 budget, themed “Completion, Consolidation, and Continuation” and presented by the interim Finance Minister Osei Kyei-Mensah-Bonsu to the House of Parliament revealed a list of new tax policies and revisions of existing ones which will impact the finances of individuals and businesses. Stemming from the unprecedented rise of the coronavirus pandemic and its associated …
The year-on-year inflation rate rises to 10.3 percent in February 2021 compared to 9.9 percent, the previous month, the Ghana Statistical Service said on Wednesday. The rate is 0.4 percentage point higher than the rate for January. The month-on-month inflation between January and February was 0.8 percent. Professor Samuel Annim, the Government Statistician, said the …