Government has asked Danish investors to take advantage of the numerus opportunities that exist in various sectors of the economy, as the country prepares to move from aid to trade and become Africa’s manufacturing hub. Speaking to Danish investors who are currently on a two-day visit with Queen Margarethe II...
The only way Ghana can benefit fully from trade agreements with other countries across the world is when it increases it production of goods for export, Trade and Industry Minister, Alan Kyerematen, has said, asking industrialists to up their game. The country’s low level of production, the Trade Minister said,...
The Ghana Investment Promotion Centre (GIPC) has said it is confident of meeting its 2017 target of registering foreign direct inflows to the tune of US$5 billion, a more than 108 percent increase from the US$2.4 billion recorded last year. The GIPC’s third quarter report indicates that close to US$3.4billion...
The Ghana Stock Exchange (GSE) has urged start-up businesses to take advantage of the Ghana Alternative Market (GAX) to raise capital to expand and take their businesses to higher heights. With lending rates above 30 percent, it has become a major challenge for small businesses in the country to access...
Government intends to use its revenue and expenditure measures in the 2018 budget to continue to stabilise the economy, offer reliefs to make the private sector competitive and create more employment. But without the needed revenues, these objectives will not be realised. Funding for most of government’s developmental projects is...
Government’s target of achieving a growth rate of 6.8 percent in the 2018 fiscal year is not ambitious enough given the strong economic performance recorded this year, a Partner at KPMG, Andy Akoto, has said. According to Mr. Akoto, government has so far posted a strong macroeconomic performance with all...
The government is hopeful of earning some US$669.4 million from the petroleum sector in 2018, the 2018 Budget and Policy Statement to Parliament, has said. Presenting the 2018 Budget and Policy Statement to Parliament, the Minister of Finance, Mr. Ken Ofori-Atta, said “the total petroleum revenue for 2018 is estimated...
Finance Minister Ken Ofori Atta seems be the beating heart of the 'new Ghanaian economy'. He went to parliament and presented a ‘boastful budget’, saying the economy is working. Ofori Atta said on the floor of parliament: “We have turned the economy around and our policies are yielding results and...
The Ghana Revenue Authority (GRA) Teshie-Nungua branch has rolled out a sensitisation programme to reach out to the tax-paying public as part of efforts to mobilise revenue in support of national development, The programme, which is a follow-up to the recently-launched national tax campaign is to among others things create...
Lowering electricity tariffs is welcoming news for consumers, but not investors whose capital is very much needed to curb operational inefficiencies and clear unpaid subsidies, South Africa based RMB Research, which analyses global markets, has said. In its review of Ghana’s 2018 budget, RMB noted that despite the good works...