By Ernest Bako WUBONTO The Executive Director of Fidelity Securities, Akwasi Adu-Boahene, has urged young individuals to prioritise their investment needs and align them with their savings plans. According to him, in today's volatile economic landscape where uncertainties prevail, it is imperative for investors to diversify their investments into different portfolios...
…despite another DDEP impairment charge and loan write downs …sets the foundation for dramatic profit increases from 2024 onwards By Toma Imirhe After posting its first ever financial loss in 2022 – a direct result of the dire effects of the recently concluded Domestic Debt Exchange Programme on the entire banking industry...
… as SML’s services drive revenue up GH¢2.45bn President Nana Addo Dankwa Akufo-Addo has acknowledged the significant contribution of downstream petroleum audit services provided by Strategic Mobilisation Ghana Limited (SML) to the Ghana Revenue Authority (GRA). A recent audit conducted by KPMG highlighted a clear need for these services. Since their...
By Joshua Worlasi AMLANU Industry leaders, policy-makers and experts  convened at The Money Summit 2024 (TMS) have urged an imperative shift in the nation’s investment and savings culture. Amid challenges posed by the global pandemic, domestic debt restructuring and evolving financial landscapes, the summit emphasised the urgency of embracing ethical standards,...
By Mohammed AWAL ([email protected]) The Director-General of the National Information Technology Agency (NITA), Richard Okyere-Fosu, has disclosed a concerning statistic: 60 percent of government systems lack sufficient antivirus protection, posing potential security risks. He said his outfit’s assessment reveals that just over 30 percent of government systems and end nodes (computers)...
By Wisdom JONNY-NUEKPE The Ghana Revenue Authority (GRA) has clarified the tax status of resident individuals as backed by law and must have general compliance. In addressing recent concerns by the public as to whether individuals who earn incomes abroad fall in the category of ‘resident individuals’ as per the country’s...
The Africa Law Practice NG & Company (ALP NG & Co) Nigeria and Africa Legal Associates (ALA) Ghana have entered into a new strategic alliance that is now part of a thriving and purpose-driven pan-African ALP International Practice Group. Together with ALP Advocates Uganda, and ALP East Africa (Uganda, Kenya,...
...as transit trade thrived well in quarter 1 The Customs division of the Ghana Revenue Authority (GRA), has debunked rumours about Ghana losing transit cargos to neighbouring countries such as Togo and Ivory Coast. Speaking on the Eye on Port show on Accra based Metropolitan television, Chief Revenue Officer and Officer...
By Kizito CUDJOE The Vice President, Dr. Mahamudu Bawumia, has embarked on a historic visit to the Vatican on Wednesday, April 24, 2024, as part of his official visit to the Republic of Italy and the Vatican State. His arrival was met with a warm reception by Pope Francis, highlighting Ghana’s...
BY Korsi DZOKOTO The economic landscape of Ghana has been significantly shaped by tax policies implemented since 2017. Under the guidance of the Economic Management Team, led by Dr. Bawumia, the government has introduced more than 40 new taxes, broadly impacting various sectors and demographics. These fiscal measures, intended to...