Bring back luxury vehicle levy Relook tax exemptions Use ICT to improve tax administration For the country’s economy to surmount the various challenges brought upon it by the coronavirus pandemic, managers of the economy must take bold tax measures to reform the tax system - which should include bringing...
Government must use its coronavirus stimulus package for Small and Medium-Sized Enterprises (SMEs) as a catalyst to formalise the informal economy, the Trades Union Congress (TUC) has urged. As part of requirements for accessing the GH₵1billion support, prospective applicants are required to have Tax Identification Number (TIN), be registered, must...
Budget deficit and its accompanying debt are key indicators in accessing the health of any economy. At the end of March 2020, Ghana’s public debt reached GHȼ 236.1 billion according to the Bank of Ghana. Of the total debt, US$ 22.9 billion is external representing 31.4% while GHȼ 113...
Ghana could be forced into an early redemption of its 7 and 15-years bonds issued in March 2017, as Franklin Templeton, the company that bought about 95percent of the assets faces financial troubles in India. The US-based mutual firm which bought Ghana’s bonds at a rate of 19.75percent and at...
The woes of the nation’s health sector seem to be deepening as the Pharmaceutical Manufacturers Association of Ghana (PMAG) and the Chamber of Pharmacy Ghana (CPG) have written to the Ministry of Health, serving notice over their intention to halt the supply of drugs to health care facilities funded...
Some are on their phones chatting on WhatsApp with friends. Others are watching videos on their mobile devices or listening to radio. While others are entertaining themselves with draught (a board game in Ghana) or engaged in heated argument about the upcoming polls in December. Ordinarily, you won’t see...
The Ghana Revenue Authority (GRA) has directed its Customs Division at the port to resume normal operations, as their shift system which was put in place due to measures to check the spread of COVID-19 has been cancelled. The move is part of urgent steps being taken by the GRA...
The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize development gains, from educational attainment to poverty reduction. New estimates suggest that up to 100 million people worldwide could...
Validation process is ongoing Total client claims now stand at GH¢3bn (from GH¢12.6bn) 71,000 individuals, 5,750 institutions make claims Government committed to intervene Commission pursuing changes to law to gain more powers 13 out of 18 CIS transferred to new fund managers The Securities and Exchange Commission (SEC)...
The President, Nana Addo Dankwa Akufo-Addo, has confirmed the reopening of schools for final year students of public universities and senior high schools (SHS) while preparations continue for the return of final junior high school (JHS) students to complete preparations for their exams. Beginning tomorrow, operating with half class size,...