President Nana Addo Dankwa Akufo-Addo has bemoaned the country’s underdevelopment in relation to its peers including Malaysia, South Korea but maintains the country can still take charge of its destiny.
Addressing the nation during the 61st Independence Anniversary celebrations at the Black Stars Square in Accra on Tuesday, he indicated...
The voluntary participation in the Domestic Debt Exchange Programme has been extended again to Tuesday, January 31, 2023, as the government scrambles to restore the country to macroeconomic stability.
The previous deadline was set to expire at 4:00 PM on Monday, January 16, 2023.
Citing consensus building, Finance Minister, Ken Ofori...
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...
There is total chaos at the Takoradi Port since April 1, when Ghana Link services started to implement its supposedly superior UNIPASS/Integrated Customs Management Systems (ICUMS), with freight forwarders left frustrated and in utter shock and disappointment.
The frustrated Freight forwarders are mulling over failure of the UNIPASS system to...
The adoption of renewable energy and energy efficiency could help local producers to considerably cut down cost of production and improve their competitiveness, the Association of Ghana Industries (AGI), has said.
In 2020, the AGI ranked the cost of energy among the top two concerns of local producers but its...
Beyond giving us a sense of pride, being Africa’s foremost bank places on the Standard Bank a huge responsibility that we have gladly shouldered for more than a century and half. Our purpose to drive Africa’s growth has reflected in the substantial positive social, economic and environmental impact we...
Former Finance Minister Seth Terkper has charged government to build up the Sinking Fund to retire the zero-coupon bond that will mature in 2025, as this will free-up resources for whichever government succeeds the present one.
The terms of the zero-coupon bond do not oblige government to make periodic interest...
The Bank of Ghana’s (BoG) recent decision to implement a 15 percent unified Cash Reserve Ratio (CRR) on both local and foreign currency bank deposits is poised to intensify pressure on the already strained Treasury market.
Last week’s auction results revealed such fears as there was a liquidity squeeze following...
Government is fully committed to ensuring that the disaster of June 3, 2015 does not repeat itself, the Minister of Works and Housing, Francis Asenso-Boakye, has assured.
According to him, this is the reason the Akufo-Addo administration has since of that national disaster been frequently dredging and desilting drains in...
Former finance minister, Seth Terkper, has called on government to, as a matter of urgency, take the US$1 billion Special Drawing Rights (SDR) allocation by the International Monetary Fund (IMF) to parliament for approval on how to spend it to ensure proper accountability.
His comments come on the back of...