The Ghana Revenue Authority (GRA) has begun the process of drawing up guidelines that will encourage voluntary tax compliance, the Technical Advisor to the Commissioner-General of the GRA, Henry Yentumi, has said. “The administrative guidelines to go along with the tax policy are just in the final stages of preparation....
The World Bank Country Director for Ghana, Henry Kerali, has advised that government turn its attention to reducing food imports so as to revitalise the Agricultural sector, which can contribute in improving the economy. He asked that government take steps to make the Agricultural sector even more attractive than it...
Private pension funds have maintained their strong growth over the years, reaching a record high of GH¢9.7billion in 2017, from the previous year’s GH¢6.8billion. Data from the sector regulator, the National Pensions Regulatory Authority (NPRA), show that 9.2 billion of the 9.7 billion was accrued from Assets Under Management (AUM)...
A policy analyst with the Integrated Social Development Centre (ISODEC), Dr. Steve Manteaw, has been elected to chair the Public Interest and Accountability Committee (PIAC) whilst Dr. Thomas Kojo Stephens, of the Ghana Bar Association (GBA), was elected Vice Chair. PIAC, established in 2011, under the Petroleum Revenue Management Act...
The Ghana Stock Exchange (GSE) continues to show impressive performance recording 28.67% in growth in its overall Composite Index as at February 15, 2018. The bullish run experienced by the equities market in in January, February and the whole of 2017 is set to continue unabated. Recording a market capitalization of...
Headline inflation rate for the month of January 2018 slowed to 10.3 percent from 11.8 percent recorded in December, 2017, latest figures released by the Ghana Statistical Service have shown. The current figure which represents a 1.4 percentage change from the previous month figure is the lowest rate since 2013. Mr....
The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has appealed to income earning members of the general public to ensure they are all registered with the tax authorities and contribute their quota to taxes. Speaking at the 2017 awards ceremony in Accra aimed at recognising outstanding tax...
When people who want power blame those wielding it over a world commodity price that they hold no control over, then it defeats common sense. Sometimes, politics make us blame people for society's financial ills even when the reality is so glaring. Both the government in power and the minority...
Commodity fund managers struggle vs computer-driven rivals Automation drives half of U.S. commodity futures trading Systematic funds crunch huge amounts of data “Chocfinger” made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward...
The Registrar-General’s Department recorded about GH¢75.2 million in revenue for the 2017 calendar year. The department registered about 86,914 new companies in 2017 as against 60,000 in 2016. Of the total business registrations, online transactions at the Registrar-General’s Department (RGD) saw a tremendous growth, with more than 12,400 transactions recorded last...