Executive Director of policy think-tank, Policy Initiative for Economic Development, Daniel Anim-Prempeh, is asking government to consider a review of the Petroleum Revenue Management Act (Act 815) to enable it tap the Heritage Fund to run the under-resourced technical universities. With such a strong fiscal backing, he argues that government...
The  Minority in Parliament, has accused the government of causing financial loss to the state with the recent issuance of the Energy Sector Bond. According to the minority, the below GHc 6 billion yield of the bond is a solid basis for the Finance Minister, Ken Ofori-Atta, to be hauled...
The Ghana Revenue Authority (GRA) has been charged to take advantage of the numerous opportunities afforded by technology to increase the tax to GDP ratio, and thereby help reduce the country’s dependency on aid and donor support. “The country’s tax to Gross Domestic Products (GDP) ratio, which is quite alarming,...
A draft report that will see 70 percent of government of Ghana-funded projects go to local contractors has been completed, and is expected to be submitted to Cabinet and Parliament for approval soon. The new policy, government believes, will help grow local businesses. It is aimed at empowering indigenous contractors, and...
As from 1st January 2018, Ghanaian farmers will be able to resume exports of all plant commodities to the European Union (EU) market. This follows the European Commission's decision to lift the current ban on the exports of five plant commodities from Ghana to the European Union (EU) market on...
The greatest challenge confronting the economy is how to create decent jobs for the millions who are desperately seeking them, the Ghana Trades Union Congress (TUC) has lamented. In a statement titled Proposals for the 2018 budget and economic policies of government, the union said: “We expect the 2018 budget...
Ghana’s hopes of raising a debt without sovereign guarantee did not yield the expected results, and the outcome has been met with mixed reactions from industry and academia. A statement from ESLA Plc. - the Special Purpose Vehicle (SPV) established to raise the bond with backing from the Energy Debt...
Dubai has been urged to make itself available to support development of Africa’s entrepreneurial eco-system by connecting the continent’s business leaders and entrepreneurs with new growth opportunities. This was the view of a panel of entrepreneurs who spoke at the 4th Global Business Forum on Africa, which is taking place...
A draft report that will see 70 percent of government of Ghana-funded projects go to local contractors has been completed, and is expected to be submitted to Cabinet and Parliament for approval soon. The new policy, government believes, will help grow local businesses. It is aimed at empowering indigenous contractors, and...
E.S.L.A PLC, on Monday, November 6, 2017, said it successfully closed its books for the issue of the ESLA bonds on Friday, November 3, 2017, after extending the timeline for the issue of the 10-year bond by one week. Despite investors making bids in excess of GH¢2.79 billion for the...