Papa Owusu-Ankomah, Ghana’s High Commissioner to the UK and Republic of Ireland, has assured senior business executives of high returns on their investment in Ghana.
The High Commissioner - in the first of a round-table engagement series organised by Hogan Lovells in collaboration with the African missions in the UK...
Ghana sold 5.29 billion cedis ($1.16 bln) worth of long-term bonds last week Thursday, dominated by re-openings of previous bond issues by the major commodity exporter to help restructure its high public debt, lead arrangers said.
Ghana is grappling with budget deficits, inflation and a volatile local currency, all of...
Outspoken financial analyst Kenneth Thompson is predicting scarcity of cash in the economy next year, despite the optimistic tone of government in the 2018 budget.
Alluding to the budget’s allocation of more than 80 percent of revenue to the payment of salaries and interest on loans, Mr. Thompson noted that...
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...