Government must deliberately provide opportunities for artisans and painters that are doing well in the country by sponsoring some to participate in international exhibitions with their artworks which will in turn revive the sector, renowned painter Larry Otoo has said. According to him, just as other sectors receive support to...
A staff-level agreement has been reached between the International Monetary Fund (IMF) and Ghana for a new three-year arrangement under the Extended Credit Facility of about US$ 3 billion. The arrangement aimed to restore macroeconomic stability and debt sustainability in the struggling West African country, the Fund said. Commenting on the...
…as Accra Academy wins 2022 Capital Market Quiz To ensure that financial literacy increases among the citizenry, Advisory Board Chair for Financial Literacy Africa, Dr. Richmond Frimpong, has said it has become necessary for financial literacy be made part of the educational curriculum from the basic level through to tertiary...
President Nana Addo Dankwa Akufo-Addo has charged the Board of Directors and management of the National Lottery Authority (NLA) to ensure responsible gaming in the country, and endeavour to be transparent with all Ghanaians who patronise their games and services. Speaking at the grand durbar of the NLA’s 60th-anniversary celebration,...
The Government has given indications of an impending debt restructuring that will involve Bond Swaps including zero coupon bonds for domestic bondholders with possible “haircut” for institutional investors which includes the banks. The Government has however assured individual Treasury Bill holders that their investments are safe and this is...
The Trades Union Congress (TUC) has registered its displeasure over government’s intended debt exchange programme, saying the plan when executed will have a negative impact on workers’ pensions. After a thorough analysis of the Debt Exchange Programme and extensive discussion of its implications, the TUC has come to a firm...
National President of the Chartered Institute of Marketing, Ghana (CIMG), Dr. Daniel Kasser Tee, has advised professional associations, determined to reject government’s debt exchange programme, to reconsider their decisions, as this is necessary in facilitating the ongoing negotiations with the IMF, to reach a staff-level agreement soon. He cautioned that...
as industry titans gather at GOGA 2022 to be honoured Richard Abbey Jnr., CEO-Xodus Communications - organiser of the annual Ghana Oil & Gas Awards, has urged industry players to support the establishment of a petroleum hub in Ghana that seeks to make the country a central refining hub...
The Member of Parliament for the Offinso South Constituency and member of the Trade, Industry and Tourism Committee of Parliament, Isaac Yaw Opoku, has lauded the Ghana Export – Import Bank (GEXIM) for its efforts in supporting the Government as part of its mandate to transform the Ghanaian economy...
An additional income tax bracket of 35 percent from 30 percent, the increase in Value Added Tax (VAT) rate by two and a half percentage points from 12.5 percent to 15 percent, including other major reforms undertaken with respect to VAT exemptions just simply further exacerbate the already fragile...