To make doing business attractive to both local and foreign investors, government has launched a Business Regulatory Reforms Portal, aimed at furnishing enterprises with needed information and assistance in order to reduce the stress they go through in getting the needed certification and permits to operate smoothly.
Ghana has moved...
Data from the Ghana Investments Promotion Centre (GIPC) has revealed that foreign investors in the country recorded revenue losses of around US$75,000 in the second quarter to challenges brought upon by the coronavirus pandemic.
According to the report dubbed ‘Survey on the Impact of Coronavirus (COVID-19) on Foreign Investors in...
African Customs are working towards eliminating substantial amount of tariffs upon commencement of the African Continental Free Trade Area (AfCFTA). Chief Revenue Officer of the Customs Technical Services Bereau, Customsd Division of the Ghna Revenue Authority (GRA) Fechin Akoto has reveal.
These initiatives are efforts the Ghana’s Revenue Authority as...
The “Unknowns Unknowns’’ has presented today's economic crisis, which is mainly attributed to Covid-19 pandemic ‘a priori’ recession, unemployment, low wages, fiscal deficits etc. The effect of this global pandemic is insurmountable with similar economic weakness witnessed during the Great Depression of the 1930s which saw the stock market...
We have each been involved in the Ghana mining sector for almost four decades, including participating in critical reforms of its regulatory regime. We are gravely concerned about the transaction by which 75.6% of royalties payable to government over the life of a number of mining operations are being...
Accumulation and sustainability of debt relative to gross domestic product (GDP) in the Ghanaian economy have been a major concern to some citizens, financial and economic analysts in recent years. The debt-to-GDP ratios recorded by Ghana in recent years are as follows: 2012 = 35.58%; 2013 = 43.22%; 2014...
Amid global travel restrictions, social distancing protocols and prohibitions on mass gatherings, the world’s meetings, incentives, conferences and exhibitions (MICE) segment has been forced to adapt to the coronavirus context, with some events shifting online and others being deferred.
Before the outbreak of the virus – and the subsequent introduction...
The sale of the Personal Protective Equipment (PPE) to fight against the Coronavirus (COVID-19) pandemic has reduced drastically in the Tamale Metropolis of the Northern region with traders worried about the investment injected into the business.
A survey conducted by the B&FT within the Tamale Metropolis to ascertain the impact of...
If players in the aviation, immigration and health sector firm up government’s decision to re-opening of the borders - hopefully by September 1 as the President stated - any person who tests positive on arrival into Ghana and asked to self-quarantine may be required to wear a tracking device....
