President Nana Addo Dankwa Akufo-Addo on Tuesday said after a year of fiscal discipline and innovative economic management, the results have been remarkable.
“Ghana’s economy has grown from 3.6 per cent in 2016, the lowest in 22 years, to 7.9 per cent in 2017, and this year it’s expected to...
The Ghana Revenue Authority (GRA) has warned strongly that it will intensify its prosecutorial powers on businesses and persons who default in the payment of taxes after the expiration of a tax amnesty period this year.
The tax amnesty period expires after September 30, 2018, and the GRA is expected...
The Ghana Stock Exchange (GSE) has suspended trading in the shares of ADB with effect from today Wednesday, March 07.
A statement from the exchange said, “the suspension is to allow the GSE clarify the news on a purported take-over of ADB”
“With reference to section 7 of the GSE Automated...
Fund suggests Ghana limit planned Eurobond to $500 mln
Ghana seeking combined programme review in April
Ghana must legislate new measures to boost revenues by at least 0.5 percent of gross domestic product before the IMF reviews a $918 million credit deal next month, the Fund said.
The West African...
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...
Ghana, a country rich in every sense of the word, has had a chequered history. While not attempting to tell the complete history of the country in one article, as Ghana marks its 61st independence anniversary, it is worth recounting key economic and socio-political events that have shaped the...
It is easy to pinpoint Ghana’s peers when it attained independence in 1957 - South Korea, Singapore, Malaysia and the like - and use that to judge Ghana as a spectacular failure in delivering much-desired economic goods for its people.
Sixty-one years is a long time in a country’s development...
More businesses apply for free stamping
3-month grace period ongoing
The Ghana Revenue Authority (GRA) has said it is determined to ensure the newly-introduced Excise Tax Stamp regime works, as it seeks to block tax leakages and shore-up government revenue.
“Mostly, taxes on tobacco and beverages are not paid properly;...
They submit no quarterly financials
They lie about status of expat employees
And they flout the law, sellING above 30% of products locally
Most of the over 200 enterprises operating within the free zones enclave have failed to submit quarterly financial statements to the Ghana Free...
The rate of unemployment continues to increase despite the significant economic growth recorded over the last 12 months, as low absorption sectors such as mining, oil and gas, and financial intermediation drive growth.
Prof. William Baah-Boateng of the Department of Economics, University of Ghana said: “From the demand side, we...