By Francis TIMORE
Over 50 tax experts and lawyers in Ghana on Thursday 9th July 2020 converged online to critically review Ghana’s tax policies, and how to improve tax administration in Ghana.
The program which was organized by the Chartered Institute of Taxation Ghana (CITG), the statutory body set up under...
Misheck Mutize
IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries.
A debt service relief package has been approved by some of the world’s biggest lenders for more than 25 African countries. The arrangement includes the World Bank, the International...
Introduction
Since the outbreak of COVID-19 in Ghana in March 2020, economic policymaking has been dominated by measures to address the many impacts of the pandemic. In particular, fiscal policy has been deployed on a massive scale to shore up the public health response to COVID-19 and also lessen...
Finnfund, a Finnish development finance company and impact investor, has provided a US$10 million senior loan to First National Bank Ghana Ltd. One of the key objectives of Finnfund’s investment is to support the Ghanaian financial sector and the growth of small and medium-sized enterprises (SMEs), and in particular,...
The European Union (EU) delegation to Ghana in collaboration with the National Authorising Officer’s (NAO), Office of Ministry of Finance has donated Personal Protective Equipment (PPE) to selected basic and senior high schools as well as Non-Governmental Organisations (NGOs) in the Greater Accra Region.
The initiative is one of the...
New data from the Ghana Statistical Service (GSS) has revealed the devastating impact of the coronavirus pandemic on the economy, as a horrifying 161,066 businesses were closed as of June 2020 despite ease of some of the restrictions.
According to the GDP data for the second quarter of the year,...
The Sustainable Development Goals (SDGs) are global development goals setup up by the UN with consultation from it partner states and other partner institutions.
The main objective of these goals is to eradicate poverty, ensure sustainable development and environmental protection.
The UN and all its partners believe that these objectives can...
Consumer and business confidence rise
New data has shown that the country’s economy is fast recovering from the ruins of the coronavirus pandemic as the Bank of Ghana’s Composite Index of Economic Activity (CIEA) has moved from contraction to growth with overall GDP for the year tipped at 2.5...
The National Board Small Scale Industries’ (NBSSI) has put together a support scheme to help Micro, Small and Medium Enterprises (MSMEs) formalise their operations so that companies can smoothly access support from the Coronavirus Alleviation Programme, the Director of Entrepreneurship Development-NBSSI, Habiba Sumani, has said.
According to her, apart from...
… Health, education and religious bodies worst culprits
Out of 6,000 private and public businesses registered at the Registrar Generals’ Department, only 2,000 have registered with the Data Protection Commission (DPC), which means more than 65 percent of business in the country are not data protection compliant.
The act sets out...