Like most African countries, Ethiopia is among the world’s poorest and most densely populated - experiencing climate change effects including changes in rainfall patterns and severe droughts. However, Ethiopia has taken advantage of the challenges and is transforming its once faltering economy into the world’s fastest-growing economy, according the...
Increasing sources of income for Africans are being realised through remittances, which have been observed as an important factor that impacts lives as well as brings about economic growth and development on the continent.
The theme of remittances was discussed by researchers and economists at the 12th African Economic Conference...
The US Ambassador to Ghana Robert P. Jackson has called on government to consider using an online portal in the procurement bidding process in Ghana.
According to him, the online bidding process is one sure way of ensuring transparency and providing a level playing field for all contractors who bid...
The Ghana Revenue Authority (GRA) has issued a garnishee order to Allied Oil Limited, seeking to collect all outstanding monies that the company has to pay a construction firm by name Ace Façade.
This follows the failure of the construction firm to pay tax of over GH₵5million, part of which...
…..but calls for deliberate policy for construction sector
The Association of Ghana Industries (AGI) Construction Sector has commended government for the bold initiatives in the 2018 Budget Statement and Economic Policy that seek to support industrial development generally and particularly manufacturing.
That, the AGI Construction Sector which is supported by the...
Executive Summary
The public-private-partnership (PPP), or private-finance-initiative, model has been used since the early 1990s to finance and procure infrastructure projects around the world. In Australia, Britain, Canada, parts of continental Europe, and, more recently, in the United States, the use of private-sector capital and expertise has helped to fund...
IFC, a member of the World Bank Group, and the Mastercard Foundation has published an ethnographic study on the perceptions and attitudes to digital financial services in Sub-Saharan Africa. The study will increase financial inclusion by helping financial services providers better understand the user of African digital financial services...
Despite a booming shoe and other leather works industry in the country, it is sad and surprising to learn that not even a single leather tannery exists to supply these small businesses with leather - leaving them at the mercy of importers.
The situation is even more worrying if a...
Government is hoping that a full implementation of its digitisation drive next year would facilitate tax compliance and payment by Ghanaians.
Out of a total of 4million people active in the formal sector, just about 1.3m currently pay their taxes, estimated at some GH¢3.5billion.
Finance Minister, Ken Ofori-Atta, speaking to the...
Papa Owusu-Ankomah, Ghana’s High Commissioner to the UK and Republic of Ireland, has assured senior business executives of high returns on their investment in Ghana.
The High Commissioner - in the first of a round-table engagement series organised by Hogan Lovells in collaboration with the African missions in the UK...