The Africa Centre for Retirement Research (ACRR) has called for an increase in the Social Security and Insurance Trust (SSNIT) contribution to 17.4 percent from 11 percent to help sustain the scheme. In a report, the group pointed out that SSNIT’s reserves are projected to deplete by 2037, but could...
Director of Research at the Institute of Economic Affairs, Dr. John Kwakye has warned that the implementation of the Electronic Transactions levy (e-levy) will lead to a triple taxation of consumers. Describing the levy as an “innovative idea to scale up revenue mobilisation,” Dr. Kwakye however argued that the broad...
As part of moves aimed at enhancing its operations in Ghana, Takoradi-based Prime Meridian Docks has signed an agreement with Spanish ship management company Manteniship Spain S.L to provide repair and maintenance services for ships under the management of Manteniship. The agreement was signed on November 24, 2021, in Accra. Speaking...
Prudential Life Insurance Ghana, one of the leading life insurance companies in Ghana has officially launched the second edition of the annual urban cycling event code named PruRide 2021, at the Prudential Life Insurance Ghana head Office. The cycling event is aimed at promoting a healthy lifestyle, highlighting cycling as a sport and...
Urges GUTA to cooperate in country’s interest The Association of Ghana Industries (AGI) has welcomed government’s decision to reverse the 50 percent benchmark values policy on imported products, describing it as a boost for producers. It said the policy made imported products cheaper than locally made ones, and that...
Director of Research of the Institute of Economic Affairs (IEA), Dr. John Kwakye, has expressed misgivings about the nation’s projected revenue growth, in GDP terms, for the period between 2022 and 2025, saying, it shows a lack of ambition. According to the think tank, the 20 percent average annual growth...
Bank of Africa Ghana Limited (BOA), has been recognized among its peers as the lead Trade Finance Bank of the Year, at the just-ended Ghana Accountancy and Finance Awards, 2021. The distinguished honour is in recognition of the bank’s outstanding innovative tools used in facilitating and deepening cross-border trade on...
Bridge for Equity Ghana, a Non-Governmental Organisation that focuses on gender education and child protection, has called on government to increase access to digital education to children in basic schools especially those in rural communities. In an interview to mark World Children’s Day, Founder of the organisation, Lilipearl Baaba Otoo,...
As part of activities to mark World Children’s Day celebrations, UNICEF unveiled a vibrant mural based on ideas and aspirations shared by children across Ghana. The mural, which runs across the walls outside the UN compound and UNICEF House, symbolizes the dreams of children and depicts the rights of children. Before...
Auditing firm PwC is warning that government’s decision to mainly finance its 2022 fiscal deficit from domestic borrowing could prevent local businesses from accessing funds to expand their operations. In the 2022 budget presented to parliament by the finance minister, government is seeking to fund its projected fiscal deficit of...