Last week, prior to the Easter break, a though-provoking seminar titled: “Ghana beyond Aid; from Vision to Action” was held in Accra with various speakers giving their interpretation of the slogan. The event was organised by the Centre for Democratic Development (CDD) and its Executive Director, Professor Kwasi Prempeh, believes...
Even though the Ghana Revenue Authority (GRA) originally set notice that if by the end of March this year, businesses failed to obtain a Tax Identification Number (TIN), they would not be able to conduct business. However, owing to the fact that several businesses in the informal economy are not...
What a bold step! Can you imagine your child, brother or sister completes university and after national service comes back to tell you: “I want to sell waakye”? Just for the sake of our international readers, waakye is a Ghanaian food made of par-boiled rice and beans. That is...
NDC Deputy General Secretary, Koku Anyidoho has been granted bail, reports say. Mr. Anyidoho, who has been at the CID headquarters since Tuesday was charged with treason, felony and causing panic for comments government say are treasonable. He had told an Accra based radio station Happy FM, President Nana Akufo-Addo will...
Although 80 percent of the farming activities undertaken in the country are by smallholder farmers, government interventions in the agriculture sector do not target them, a research on Smallholder Farmer and Food Systems in Ghana has revealed. The research, conducted in four regions of the country - namely the Northern,...
Government is exploring ways of getting a formidable indigenous bank to compete favourably with other multinational banks in the country, Finance Minister, Ken Ofori-Atta has confirmed. His comments follow a recent Bank of Ghana (BoG) announcement that it has placed uniBank, an indigenous bank, under administration with KPMG as the...
Producer Price Inflation (PPI) for the month of February 2018 has dropped to 5.5% which represents a 2.2% reduction compared to the 7.7% recorded in January this year. The month-on-month change in producer price index between January 2018 and February 2018 was 0.1%. Under the same period, the Mining and Quarrying...
The only way government can meet its revenue targets in the short-term while maintaining its expenditure level is to increase taxes across the board for a specific period - at least for three years - Ken Thompson, Managing Director of Dalex Finance, has said. He argued that government’s penchant for...
The Debt Management and Compliance Enforcement unit of the Ghana Revenue Authority (GRA) has sealed-off the offices of clearing agency Africa Cargo Central Limited, for defaulting in tax payments to the tune of GH₵2.3million. According to John Buabeng, the Chief Revenue Officer in charge of Recovery at the Debt, Management,...
PEF advocates new formula Following the central bank’s better-than-expected reduction of its policy rate, analysts speaking to the B&FT have said it is time for lending rates to trend downward. “If your cost of operations has gone down; if the exchange rate is stable and growth momentum has picked up;...