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NHIL uncapping to offset USAID funding suspension – Ato Forson

The government has announced that the uncapping of the National Health Insurance Levy (NHIL) is expected to generate approximately GH¢9.9 billion to help bridge...

2025 budget betrays government’s priorities – Oppong Nkrumah

Member of Parliament for Ofoase Ayirebi and former Minister of Housing, Kojo Oppong Nkrumah, has raised concerns about the 2025 budget statement, suggesting that...

Ghana restructuring economy by cutting agricultural imports – Goosie Tanoh

The Presidential Advisor on the 24-hour Economy policy, Goosie Tanoh, has stressed the urgent need to restructure Ghana’s economy and reduce its dependence on...

Ghana imports over 98% of our fuel as refineries are practically dead – IES

Ghana’s fuel sector is heavily reliant on the international market, as the country imports over 98% of its fuel due to non-functional refineries, according...

ISSER boss opposes gov’t plan to scrap betting tax

The Executive Director of the Institute of Statistical, Social, and Economic Research (ISSER), Professor Peter Quartey, has strongly opposed the government’s plan to abolish...

2025 budget: GH¢1.5bn allocation to agric highly insufficient – Agri-Impact CEO

The Chief Executive Officer of Agri-Impact Limited, Daniel Fahene Acquaye, has raised concerns over the 2025 budgetary allocation to the agricultural sector, describing it...

COPEC accuses OMCs of shortchanging consumers

The Chamber of Petroleum Consumers (COPEC) has accused Oil Marketing Companies (OMCs) of deliberately shortchanging consumers by failing to implement the full extent of...

I fully endorse purchase of gold to stabilise cedi – John Jinapor

The Minister of Energy and Green Transition, John Jinapor, has endorsed the purchase of gold as a strategic measure to strengthen the economy. According to...

Ghana ready to collaborate with India on agriculture and infrastructure – Foreign Affairs Minister

Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has expressed the country's commitment to strengthening ties with India, particularly in the fields of agricultural...

Finance Minister assures Parliament of efforts to stabilise Ghanaian cedi

Finance Minister Dr. Cassiel Ato Forson has assured Parliament that the government is taking steps to stabilise the Ghanaian Cedi against major trading currencies. Addressing...

I’m happy E-Levy is gone – Former Deputy Finance Minister

A former Deputy Finance Minister, Dr Alex Ampaabeng, has expressed satisfaction with the abolition of the Electronic Transaction Levy (E-Levy). According to him, the tax...

Akufo-Addo’s COVID-19 borrowing was essential, not reckless – Amin Adam

Former Finance Minister Dr. Mohammed Amin Adam has defended the Akufo-Addo administration’s borrowing during the COVID-19 pandemic, insisting that the loans secured were essential...

IEA welcomes tax abolitions but…

The Institute of Economic Affairs (IEA) has welcomed the decision by Finance Minister Dr. Cassiel Ato Forson to abolish certain nuisance and obsolete taxes...

Deputy Finance Minister justifies removal of E-Levy, betting tax

Deputy Finance Minister Thomas Ampem Nyarko has articulated the government’s rationale behind the decision to abolish the Electronic Levy (E-Levy), the betting tax, and...

Amin Adam defends Akufo-Addo’s borrowing amid COVID-19 crisis

Former Finance Minister Dr. Mohammed Amin Adam has defended the Akufo-Addo administration’s borrowing practices, arguing that loans secured during the COVID-19 pandemic were essential...

Akufo-Addo govt did not mismanage economy – Amin Adam

Former Finance Minister Dr. Mohammed Amin Adam has disagreed with President John Mahama’s assertion that the Akufo-Addo administration mishandled the economy. During an interview on...

Ashanti Region to become key power hub with 700MW boost – Energy Minister

Minister for Energy and Green Transition, John Abdulai Jinapor, has announced that the Ashanti Region is set to become a major power generation hub...

Amin Adam questions job creation prospects in 2025 budget

Former Finance Minister Dr. Mohammed Amin Adam has raised concerns over the 2025 budget, particularly its impact on public sector employment. Speaking in an interview...

TOR requires $25 million for full revamp – MD

The Managing Director of the Tema Oil Refinery (TOR), Dr. Yussif Sulemana, has disclosed that the refinery needs an estimated $25 million to restore...

Deloitte warns scrapped taxes could affect revenue target

Deloitte Ghana has cautioned that the removal of certain taxes in the 2025 Budget could pose a risk to the government’s revenue targets due...

Maame Samma Peprah takes over as Acting Registrar of Companies

Maame Samma Peprah has officially assumed office as the Acting Registrar of Companies (ROC) in Accra, following a brief handover ceremony on Monday, March...

‘We taxed bet winnings, not lottery winnings’ – Former Finance Minister

Former Finance Minister Dr. Mohammed Amin Adam has clarified that the New Patriotic Party (NPP) administration only implemented taxes on bet winnings and not...

Shortcomings of the 2025 Budget and economic policies

Finance Minister Cassiel Ato Forson has presented the first annual national budget and economic policy statement under the John Dramani Mahama administration to Parliament,...

Seth Terkper defends 2025 budget

Presidential Advisor on the Economy, Seth Terkper, has defended the government’s 2025 budget, describing it as a necessary step to implement austerity measures aimed...

Finance Minister urges Parliament to support 2025 budget estimates

Finance Minister Dr. Cassiel Ato Forson has called on Members of Parliament to support the passage of the 2025 budget estimates to enable the...

Senyo Hosi backs government’s GoldBod initiative

Economist Senyo Hosi has welcomed the establishment of GoldBod by the government as part of efforts to regulate and optimize the country’s benefits from...

Ghana risks failing fourth IMF review – Experts warn

Chief Executive of Delax Finance, Joe Jackson, and Senior Country Partner of PwC Ghana, Vish Ashiagbor, have cautioned that Ghana could fail to pass...

Government exceeds treasury bill target, raises extra GHS 514 million

The government has once again surpassed its Treasury bill target, raising GHS 514 million more than planned in the latest auction. According to auction results...

Prof. Quartey calls for debt ceiling, prudent financial management

Professor Peter Quartey of the Institute of Statistical Social and Economic Research (ISSER), University of Ghana, has urged policymakers to impose a strict debt...

Gov’t’s 80% Mineral Royalties transfer sparks controversy

The government’s proposal to transfer 80% of the Minerals Income Investment Fund (MIIF) into the Consolidated Fund for infrastructure development has sparked concerns among...

2025 budget: We could benefit significantly if… – Former Deputy Finance Minister

Former Deputy Minister of Finance, Dr Stephen Amoah has acknowledged that some aspects of the 2025 Budget presented by the National Democratic Congress (NDC)...

Prof. Quartey cautions gov’t against capital market return

Professor Peter Quartey, the Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, has cautioned the government...

Ghana, Japan sign $13.4m agreement to enhance Tamale’s electricity supply

Ghana and Japan have formalized a $13.44 million grant agreement aimed at improving the stability and reliability of electricity supply in Tamale, the capital...

Apau Wiredu Lateef appointed Deputy CEO of Ghana Free Zones Authority

President John Mahama has appointed Apau Wiredu Lateef as the Deputy Chief Executive Officer of the Ghana Free Zones Authority (GFZA), reinforcing his administration’s...

Gov’t to borrow GH¢8.26bn in T-bills auction today, March 14, 2025

The government is set to borrow GH¢8.26 billion through treasury bills today, March 14, 2025. The funds will be raised via the issuance of 91-day,...

Old tax system unsustainable – Vish Ashiagbor

The Country Senior Partner at PWC Ghana, Vish Ashiagbor, has emphasized that the success of Ghana’s VAT reform depends on collective will and sustained...

GRA moves to improve tax compliance, targets GH₵220 billion revenue

Leaders and management of the Ghana Revenue Authority (GRA) have begun developing a comprehensive plan to enhance tax compliance and widen the tax net...

Pursue projects under National Dev’t Plan – Prof. Quartey advises gov’t

Economist and Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has urged the John Mahama government to align...

Vice President charges new BoG governing board to provide dynamic leadership

Vice President Professor Jane Naana Opoku-Agyemang has sworn in the newly constituted 12-member governing board of the Bank of Ghana (BoG), urging them to...

There has to be some pain – Economist Joe Jackson defends new mining tax in 2025 budget

The CEO of Dalex Finance, Joe Jackson, has defended the government's decision to introduce a new mining tax following the 2025 budget statement, emphasizing...