A new bill has been laid before parliament to enable the Ghana Revenue Authority (GRA) exchange information with other tax administrations in the world, regarding certain financial accounts of entities or individuals, in a bid to curb tax evasion.
The bill is named Standard for Automatic Exchange of Financial Account...
Despite a very stable performance all year long, the cedi has returned to its perennial fits of weakness as demand of the greenback by corporates and traders begins to rise ahead of the Christmas festivities.
The cedi, over the past month, has struggled to keep up with the dollar with...
Newmont Ghana has been adjudged the best company of the year at the just ended Ghana Club 100 awards organised by the Ghana Investment Promotion Center (GIPC).
The 16th edition of the annual awards was celebrated under the patronage of the president of the Republic of Ghana, Nana Addo Danquah...
There is the need to balance the debate around whether the country should rely more on local investment or foreign direct investment, especially as indigenous companies do not have the requisite financial muscle to drive socio-economic growth, CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has stated.
“We...
The Value Added Tax Amendment bill that will see the removal of taxes on lottery earnings has been laid before Parliament by the Deputy Finance Minister, Kweku Kwarteng.
Government hitherto collected 5% tax imposed on all lotto winnings exceeding GH₵2,592, following a re-classification of lotto as an investment activity under the...
Indigenous airline, Africa World Airlines (AWA), the only airline currently providing domestic air services in the country, has increased its flight frequency between Accra and Kumasi, and Accra-Tamale, to help meet the increased demand.
This follows the suspension of operations of Starbow–the second domestic airline operator.
AWA has increased its Accra-Kumasi-Accra...
The Dutch Minister for Foreign Trade and Development Cooperation, Ms Sigrid Kaag visited Ghana on Monday, November 27,2017. Since her assumption of office some weeks ago, Ghana is the first African country she has visited.
The purpose of her visit was to reaffirm and further strengthen the excellent relations between...
The Ghana Revenue Authority (GRA) has hinted of plans to further digitise tax payments through mobile money services, as part of efforts to boost tax collection as well as increase informal sector contributions to tax revenue.
The tax authority believes the innovation, which is still under consideration, will facilitate tax...
The Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana is pleased to issue its official opinion on the 2018 Budget Statement and Economic Policy presented by the Minister of Finance to the Parliament of Ghana on Wednesday 15, November, 2017.
The Akufo-Addo Government presented its...
Danish investors who trooped into the country last week, with Queen Magarethe II of Denmark, have shown interest to invest in government’s flagship One District, One Factory programme.
In an interview with the B&FT at a forum organised last week as part of the visit, CEO of the Ghana Investment...