The Chief Executive Officer of Vodafone Ghana, Yolanda Cuba, has scored government 8/10 for its stabilizing the economy with almost all the macroeconomic indicators moving in the right direction. Ms. Cuba speaking at post-budget forum organized by KPMG in Accra said government deserves commendation for the way it has steered...
Energy Minister, Boakye Agyarko, has told Parliament that government has cancelled 11 Power Purchase Agreements (PPAs) at a cost of US$402million, given their precarious nature and the total cost of US$7.6billion that would have accrued in capacity charges over a 13-year period. Mr. Agyarko told Parliament last week that:...
Government has said it will be turning its attention to the Eurobond market as it seeks to raise a billion cedis to finance its budget deficit for the 2018 fiscal year, Finance Minister Ken Ofori- Atta has said. Presenting this year’s Budget Statement and Economic Policy to Parliament on Wednesday,...
The government in its 2018 budget and Economic Statement has set a target of 6.8 percent growth of the Ghanaian Economy. This was disclosed by the Minister of Finance Ken Ofori-Atta when he appeared before Parliament today, Wednesday, November 15, 2017. In his presentation of the 2018 budget, Mr. Ofori-Atta said,...
As the 2018 budget is going to be presented to Parliament in some few hours, we share with you some of the key policy initiative performance in the 2017 budget.
As Ken Ofori-Atta heads to Parliament this morning to deliver the Akufo-Addo government’s second budget statement in the space of ten months, there is a lot of pressure on him to translate the modest gains made in the macroeconomy to real economic growth. The performance of the economy in the...
With implementation of the digital address system via Ghana Post GPS and the expected roll out of a National Identification System, the 2018 budget must introduce innovative measures to make tax collection easier and attractive, a GN Research pre-budget analysis has said. “The paperworks and the bureaucracy must be reduced...
Industries could heave a sigh of relief by January, following a revelation by Vice President Mahamudu Bawumia that power tariffs could be reduced by as much as 25 percent. “We will actually be seeing some significant reduction in the cost of electricity for industrial production next year in Ghana, and...
The implementation of the cylinder recirculation model which is expected to start in 2019 and seen as a roadmap to help curb frequent gas explosions would also come at a cost for users of cylinders. CEO of the National Petroleum Authority (NPA) Hassan Tampuli, explained that the pricing of Liquefied...
Minister for Defence, Mr. Dominic Nitiwul, has cautioned individuals or groups of persons occupying Ghana Armed Forces land across the country to vacate said land by the end of this year. “Well, ignorance is not an excuse, it is your duty to go to the Lands Commission and check if...