The Ghana Investment Promotion Centre (GIPC) has yet again won the award for Best Investment Promotion Agency in West and Central Africa.
The award, received at this year’s Annual Investment Meeting (AIM 2018) Investment Awards Gala Dinner - held on 9th April 2018 at the Burj Khalifa in Dubai, is...
The Assistant Commissioner of the Ghana Revenue Authority(GRA) of the Koforidua Medium Tax Office, Mr Adu Kusi, has stated that his outfit would not continue to run after taxpayers using coercion to ensure compliance.
‘’We expect taxpayers to voluntary honour their tax obligations without any compulsion,” he stated.
He said Ghanaians should...
President Nana Addo Dankwa Akufo-Addo is expected to be in China sometime this year to explore investment opportunities and also help fashion out a new blueprint for China-Africa cooperation, the outgoing Chinese ambassador to Ghana, Madam Sun Boahong has confirmed.
“I think that this year will be a very important...
The Private Enterprises Federation (PEF) has welcomed the Bank of Ghana’s decision to introduce its Ghana Reference Rate (GRR), the new module for calculating interest rates on loans, saying it is the right step.
Last week, the central bank announced the introduction of the Ghana Reference Rate which was set...
The Asantehene, Otumfuo Osei Tutu II, has said programmes aimed at ‘industrialising the economy’ and those toward employment-creation must be supported by clear and deliberate policies to make them feasible and sustainable.
While lauding some of the initiatives commenced by government toward addressing youth unemployment in particular, the Asantehene noted...
The Ministry of Fisheries and Aquaculture Development (MoFAD) has said it will launch its flagship ‘Aquaculture for Food and Jobs’ programme by end of May, in a bid to boost local fish production to meet increasing demand.
The programme, which is in response to growing concerns over Ghana’s depleting fish...
The Vice President, Dr. Mahamudu Bawumia, has said revenue mobilisation has not kept pace with the ever-growing developmental needs of the country, the reason a paradigm shift must be pursued in raising domestic revenue.
This paradigm shift, he said, “has now become a necessary requirement if we want to build...
Ghana’s economy is said to be recording significant growth regardless of a loss in revenue to the tune of 1bn Ghana cedis.
Finance Minister, Ken Ofori-Atta disclosed that the loss in revenue was as a result of government’s decision to scrap what it calls ‘nuisance taxes’.
According to him, inflation which...
The rise in volumes and value of shares traded on Ghana’s stock exchange is not expected to diminish anytime soon, but rather continue this year and possibly next year, analysis by FirstBanC Research, has shown.
The research subsidiary of FirstBanC Financial Services, an investment banking firm, explained that the market...
Ghana plans to review its process for granting corporate tax exemptions to mining and oil companies as part of measures to eliminate fraud and boost revenues, the vice president said on Wednesday.
Dr Mahamudu Bawumia said tax exemptions claimed by some resources companies were not transparent, and in some cases,...