The Social Security and National Insurance Trust (SSNIT) has this year deleted from its payroll the names of some 22,920 pensioners, aged 72 and above, who failed to complete or renew their pensioner certificates as of August 31, 2021.
Per the Trust, the deactivation exercise - a mechanism put in...
The Cedi was little changed against the dollar this week, trading at 6.042 compared to 6.04 at last Friday’s close. Also at the end of last week, Ghana’s President Nana Addo Dankwa Akufo-Addo said he had directed ministers to maintain a ‘constructive dialogue’ between government and the private sector...
As the global economy begins to emerge from the COVID-19 crisis, managing inflation risks will be much more challenging in developing countries than in advanced economies. That reflects the nature of the shocks driving inflation and the fact that lower-income countries are ill-equipped to respond to them decisively. A...
Developing targeted intervention to attract young people to become ‘creators’ rather than ‘seekers’ of jobs, Green Economy Ghana is on a job creation mission to help in the increment of the economic growth of the country. Its mission is to adopt new approaches to work that requires the workforce...
On 15th September 2021, a momentous learning conference was held to mark the completion of Opportunity International UK’s Roots of Change programme at the Alisa Hotel in Accra.
Roots of Change was a three-year programme (2018-2021), funded by the UK Government. It used innovations in training, technology and gender awareness...
Former Finance Minister Seth Terkper has urged government to use part of the Special Drawing Rights (SDR) money from the International Monetary Fund (IMF) to pay off the zero-coupon sovereign bond it issued earlier on in the year, as waiting for it to mature will be more expensive to...
…as Telecos paid GH¢3.6bn tax in 2020
Total taxes borne, collected and other remittances made to government and allied agencies resulted in total payment of 3.6billion cedis. This contribution forms approximately 8.5% of Ghana’s 2020 tax revenue (Ministry of Finance, 2020 budget statement).
This was revealed at the 18th Knowledge Forum...
The recent government 6-year bond that was oversubscribed is indicative of investors’ positive outlook on inflation, which the Bank of Ghana has targetted at 8±2 percent at the end of the year, Senior Investment Analyst at OctaneDC Limited, Kwadwo Acheampong, has said.
Per the latest inflation figures reported by the...
The Cedi depreciated against the dollar this week, sliding to 6.04 from 6.02 at last week’s close, with dollar demand continuing to outweigh supply as economic activity increases in the country. A $75m FX auction last week gave the local currency a temporary reprieve before increased dollar demand resumed...
President Nana Addo Dankwa Akufo-Addo has reiterated that it will take the resilience and ingenuity of the private sector to guarantee economic growth and create sustainable jobs for youth in the country.
According to the president, to be able to strengthen the country’s position as an economic powerhouse in West...