Sub-Saharan Africa's economic growth will shrink for a second year in a row during 2023 before rebounding in 2024, the International Monetary Fund (IMF) said on Tuesday, in a report in which it cut its forecasts for economic expansion.
Growth in the region is expected to fall to 3.3% this...
Taxation is the price which civilised communities pay for the opportunity of remaining civilised, said Albert Bushnell Hart, an American historian. Yet, paying taxes is not a natural desire of many, be it individuals or businesses. And this is for the simple reason that taxes increase cost of living...
The Finance Minister, Ken Ofori-Atta has announced that government will not seek additional funding and supplementary budget for the next half of the year to contain the country’s debt stock and avoid fiscal slippages.
Mr. Ofori-Atta explained that even though the COVID-19 pandemic has ravaged many economies around the world,...
Finance Minister-designate, Ken Ofori-Atta has revealed that government at its next cabinet meeting would be passing a document to stringently bar any Ministry, Department or Agency (MDAs) as well as all Metropolitan, Municipal and District Assemblies (MMDAs) from embarking on any project or programme outside what the budget has...
The National Pensions Regulatory Authority (NPRA) has certified two trustees who are ready to roll out the newly-launched Diasporan Pension Scheme, targeted at Ghanaians living abroad who hope to return home on a good pension.
Falling short of mentioning the two trustees, the Chief Executive Officer of the NPRA, Hayford...
The International Monetary Fund (IMF) will inject US$650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide for themselves how they want to use their Special Drawing Rights.
This injection, which will take place on 23 August 2021,...
The Network for Women’s Rights in Ghana (NETRIGHT) in partnership with the Window of Hope Foundation (WHF) have embarked on a campaign to raise awareness on the socio-economic impact of COVID-19 on women and girls, as well as interventions to curb the spread of the virus.
According to the group,...
The value of stocks traded on the Ghana Stock Exchange (GSE) reached an all-time-high (ATH) in May, as the local bourse saw shares worth GH¢607.31million change hands.
The uptick in market activity ensured that by end of the period the cumulative value of shares traded on a year-to-date (YtD) basis...
The Chief Executive Officer (C.E.O.) of the Public Procurement Authority (PPA), Adjenim Boateng Adjei, was on October 30, 2020 sacked by the president as recommended by the Commission on Human Rights and Administrative Justice(CHRAJ) report after a 14-month investigation into an allegation of conflict of interest.
The CHRAJ investigation followed...
