Improvements to investment environment under way

Ghana’s 2017 budget contains a range of incentives and reforms – including the removal of Value-Added Tax (VAT) on financial services and property sales – that aim to bolster the private sector and sustain a recovery in foreign investment.The spending plan, ... — Read More

Parliament adopts Ghc321m for Local Gov’t Ministry

Parliament, has adopted a total of Ghc321million as annual budget estimates of the Ministry of Local Government and Rural Development to enable them implement its planned programmes and projects for the 2017 ensuing year.Presenting the Committee’s report to the plenary on ... — Read More

GIPC talks Mauritius into 1-District, 1-Factory

The Ghana Investment Promotion Centre (GIPC) is confident of attracting Mauritian investors to partake of government’s signature One District, One Factory project, after a recent trip by a Ghanaian delegation to the Indian Ocean country whet up investor appetite there. Currently, ... — Read More

My ministers have declared their assets...Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has indicated that all the 36 individuals he has appointed as ministers have declared their assets to the Auditor Generals department. Reacting to concerns expressed about the size of his government in an interview with GTV ... — Read More

Ofori-Atta confident of achieving budget targets

Finance Minister, Ken Ofori-Atta, says he is optimistic about achieving the macro-economic targets contained in this year’s budget statement.In the 2017 budget statement, which was approved by Parliament this week, government is aiming to reduce its budget deficit from 8.7 percent ... — Read More

President pledges to support GGBL and industry growth

Executive Management and Board Members of Guinness Ghana Breweries Limited (GGBL), Ghana’s leading total beverage business and a subsidiary of Diageo PLC on Wednesday paid a courtesy visit on President Nana Addo Dankwa Akufo-Addo at the Flag Staff House in Accra.The ... — Read More

Parliament approves tax bills

Parliament has approved all four tax bills presented by the Finance Minister to enable government enforce tax cuts outlined in its maiden 2017 budget statement.The bills including;  the Income Tax(Amendment)Bill,2017, Special Petroleum Tax (Amendment)Bill,2017, Special Import Levy(Amendment)Bill,2017 and Customs and Excise(Petroleum ... — Read More

AGI wants tax breaks for One district, One factory

The Association of Ghana Industries (AGI) has called on the government to give tax breaks to investors interested in the ‘One District, One Factory’, especially those looking at the rural areas.Humphrey Ayim-Darke, Vice President of the Association in charge of SMEs, ... — Read More

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