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Cedi depreciation is a disguised blessing

For some time now, our airwaves, print and even social media seem to have had a respite on the issue of cedi depreciation...

Enough of the agric modules, consolidate existing ones – Researcher advises Minister

A senior lecturer and Research Fellow of the Kumasi Technical University’s (KTU) Institute of Research, Innovation and Development (IRID), Dr Smart Sarpong, has...

Listen: Govt’s 2020 revenue target not achievable – Tax expert

A tax expert has contested government’s ability to achieve its revenue target for 2020 as captured in the 2020 budget presented to Parliament on Wednesday. Although Kwaku...

Communications Minister wants profits from ‘momo’ transactions taxed

The Communications Minister, Ursula Owusu-Ekuful, is pushing for mobile network operators to be taxed for the profit they make on mobile money transactions. At a...

Full document: 2020 Budget and Economic Policy of gov’t

Finance Minister, Ken Ofori-Atta, presented the Akufo-Addo-led government’s budget statement and economic policy for 2020. The Finance Minister increased 2020 revenue target to GHS67.1 billion,...

Ato Forson laughs off govt’s claim of putting GHC12.2bn in Ghanaians’ pockets

Minority spokesperson on Finance, Cassiel Ato Forson has ridiculed the government's claim that it has put GH¢12.2 billion in the pockets of Ghanaians. Speaking to...

Inflation rate for October inches up to 7.7%

The year-on-year inflation rate for October, 2019 has hit 7.7 percent up by 0.1 percentage point from the 7.6 percent recorded in September 2019....

Tax expert urges govt to implement new tax regimes

Tax expert and Senior Associate at Ali-Nakyea and Associates, William Kofi Owusu Demitia, has urged the government to come up with new compliance rules...

‘Collapsed banks’ bailout cash bigger than $2 billion Sinohydro deal’

The Chief Operating Officer of Dalex Finance, Joe Jackson, has questioned government’s inability to retrieve monies from persons responsible for the collapse of local...

‘No additional tax in 2020 Budget’

Finance Minister, Ken Ofori-Atta has said there will be no additional tax in the 2020 budget. According to him, the 2020 budget is designed to address...

Govt spent $11.7b to embark on banking sector clean-up – Finance Minister

Ken Ofori-Atta, the Finance Minister, has disclosed during the presentation of the 2020 budget to Parliament that, the government spent about $11.7 billion to...

Banking sector: Saving depositors, investors has been costly – Finance Minister

The intervention by the government to save depositors and investors whose funds were locked up with failed financial institutions has been very costly. This...

Economic growth not driven by oil – Finance Minister says

Finance Minister, Ken Ofori-Atta, in his 2020 budget presentation to Parliament, said Ghana’s economic growth is not primarily driven by oil, but the economy's...

A look at Ghana’s 2019 fiscal performance captured in 2020 Budget

  The Finance Minister, Ken Ofori-Atta, has said provisional fiscal data present indicates that government’s fiscal operation of the first nine months of 2019 shows...

Govt committed to safeguarding macroeconomic gains– Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta, in his 2020 budget presentation, has assured Ghanaians of government’s commitment to strict fiscal discipline and pledged to maintain the...

Finance Minister lists key achievements of Akufo-Addo

Minister for Finance, Ken Ofori-Atta, says President Nana Akufo-Addo has worked hard to deliver substantial achievements. Delivering the 2020 Budget statement in Parliament on Wednesday,...

Finance Minister announces juicy package for 1.2 million farmers

The Finance Minister, Ken Ofori-Atta, has revealed that the government will continue to supply organic and inorganic fertilisers and seeds to about 1.2 million farmers in Ghana. ALSO READ: Video: Minority taunts Finance Minister over ‘Bye Bye’ budget He said...

Ghana’s economy has seen a miraculous turn-around – Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta says Ghana’s economy has been fixed after the government inherited a very bad economy from the erstwhile John Dramani Mahama...

Infographics: Highlights of 2020 budget statement

The Finance Minister, Ken Ofori-Atta has presented before Parliament the 2020 budget statement and economic policies set to drive Ghana's economy in the coming...

Audio: Seth Terkper reacts to ‘no new taxes’ in 2020 budget

Former Finance Minister, Seth Terkper, has laughed off government’s announcement that, it will not introduce new taxes in this year’s budget. According to Mr Terkper, the government,...

Finance Minister presents 2020 budget

Finance Minister, Ken Ofori-Atta, is scheduled to present the Akufo-Addo government’s fourth Budget and Economic Policy in Parliament. Wednesday’s presentation, according to the Finance Ministry, will...

SEC to begin investment validation processes on Nov 18

The Securities and Exchange Commission (SEC) has announced it will begin accepting relevant documents for validation of investments claims against the 53 Fund Management Companies on...

Banking cleanup: Go beyond talk; pay customers – Mahama to gov’t

The flagbearer of NDC has urged the government to speed up the process leading to the refund of monies belonging to persons whose funds...

Video: EOCO, CID to pursue 21 fund managers – SEC

Deputy Director of the Securities and Exchange Commission (SEC) has told JoyNews that security operatives are pursuing some 21 fund managers who are believed to have escaped...

Ecobank, partners walk to combat non-communicable diseases

Ecobank Ghana, its health partners and the general public have embarked on a health walk to drive its commitment to the fight against Non-Communicable...

Expert cautions govt over tax increment on alcohol and tobacco in 2020 budget

William Owusu Dimitia, a tax expert, has cautioned the government against proposals to increase taxes on the consumption of alcohol and tobacco in the 2020 budget. READ...

Sinohydro deal will not affect Atewa bauxite – Bawumia’s spokesperson

Spokesperson of the Vice President, Dr Mahamudu Bawumia says the Atewa Bauxite Reserve is not the focus of the Sinohydro Bauxite barter arrangement between...

SAA in more trouble as union threatens ‘total shutdown’ of over proposed job cuts

South African Airways' trade union, the National Transport Movement has threatened to shut down after the embattled state airline announced that it would...

COCOBOD gets $600m for production, warehousing and processing interventions

COCOBOD has received a $600 million syndicated loan facility from the African Development Bank (AfDB) and Credit Suisse Group AG, to finance key components...

China releases funding for Phase 1 of Sinohydro roads – Bawumia reveals

The first tranche of the ‘bauxite for development’ barter agreement, popularly known as Sinohydro deal, signed between the Government of Ghana...

Finance Minister will present ‘cooked up’ figures’ – Minority claims

Minority Leader, Haruna Iddrisu, has said the Finance Minister, Ken Ofori-Atta, will cook up figures in the 2020 budget on November 13, 2019 in his...

Pentecost SHS honours Free Zones Board CEO

The Pentecost Senior High School on Saturday honoured the Chief Executive Officer (CEO) of the Ghana Free Zones Authority, Michael Okyere Baafi. The headmaster...

Audio: Distraught customer shares frustration after SEC’s closure of investment companies

A distraught customer of First Banc Financial Services at the Airport residential area in Accra has shared his frustrations after the closure of 53...

SEC explains reason for revocating licences of 53 fund investment companies

The Securities and Exchange Commission (SEC) has explained why it revoked the operating licenses of Gold Coast Securities and some 52 other investment companies. The Deputy General-Secretary...

Bishop Agyinasare encourages customers of collapsed firms

The Presiding Bishop of Perez Chapel International has encouraged the thousands of customers of the various financial companies that have been collapsed by their...

Revocation of Gold Coast Securities, others’ licenses: SEC starts process to pay customers

Following the revocation of the licenses of Gold Coast Securities and other securities institutions' licenses, the Securities and Exchange Commission (SEC) says will begin...

Uber, Yango, bolt slapped with GH¢60 annual fees

Uber, Yango and Bolt Driver who are the three ridesharing platforms in Ghana will now pay GH¢60 annual fee imposed on them...

Audio: SEC rushed – Gold Coast Fund Management customers fume

The Coalition of Aggrieved Customers of Gold Coast Fund Management, now Blackshield Capital Management is not happy about the decision by Securities and Exchange...

ECG staff agitation won’t affect service delivery – MD assures

The Electricity Company of Ghana (ECG) says reports of staff agitations will not interfere with their core mandate to deliver safe, quality and reliable power to customers.  A...

Licence revocation: Nduom reacts

Group Nduom, majority shareholders of Blackshield Capital Management (formerly Gold Coast Fund Management) has expressed disappointment at the revocation of the company’s licence. Hours ...