By: Enoch AKUFFU-DJOBI (CA, ACIB) Corporate governance (CG) and tax compliance (TC) are closely intertwined, especially in an emerging economy like Ghana, where effective governance can significantly influence a company’s ability to meet its tax obligations. As tax revenues form a crucial part of Ghana’s financial backbone, ensuring businesses remain compliant...
By Emmanuel AGYEMAN It is the responsibility of every state to promote the highest level of economic development while safeguarding the welfare, freedom, and happiness of all its citizens. A key factor in achieving these goals is financial inclusion, which is essential for sustainable development and the equitable distribution...
You beg for favour of power So you can power your way to the top with power So you can tower over all in power So all will cower under your power So all will wonder at your absolute power   Be careful what you beg for For your wish might just be granted And granted your...
Ghana might be going through a rough patch.  Yet, it is true that we have witnessed significant advancements in many sectors over the past few decades. With a diverse economy encompassing agriculture, mining, manufacturing, and a growing services sector, the nation is poised for continued prosperity. Central to this growth...
By Joseph E. STIGLITZ, Kevin P. GALLAGHER, Martín GUZMÁN& Marilou UY A group of 22 financially distressed countries, including Pakistan and Ukraine, has become the largest source of net revenue to the International Monetary Fund in recent years, with payments exceeding the Fund’s operating costs. The institution entrusted with providing the...
Dormaahene, Osagyefo Oseadeeyo Dr. Agyemang Badu II, has urged Ghanaians abroad to pool their resources and invest in Ghana's mining sector to ensure a larger portion of revenue from gold and other resources remains within the country to drive development and growth. Speaking at a recent fund-raising dinner hosted by...
By Emmanuel AKOMEA President-Institute of Chartered Accountants, Ghana (ICAG), Sena Dake, has stressed the nation’s commitment to sustainability - emphasising the delicate balance between economic growth and environmental stewardship. “Our sustainability journey is a testament to our nation’s commitment to balancing economic growth with environmental stewardship. As we navigate the complexities...
Over the years, Ghana has sought financial assistance from the International Monetary Fund (IMF) during periods of economic instability. Ghana’s relationship with the IMF dates to the 1980s, when the country implemented its first Structural Adjustment Program (SAP). Since then, Ghana has engaged with the IMF multiple times, including...
Ernest Ofori Asamoah(Prof) The Critical Nexus of Research and Industry for Economic Transformation In the modern global economy, the collaboration between universities, industry, and government represents a key driver of innovation, wealth creation, and employment generation. This tripartite partnership is the foundation of various innovation theories, including the National Innovation System...
A day's fit in the pit Is a life filled with precious carats of it A day's periled risk inside the pit Is a life milled to the full with golden mints A day's willed strength expended in the depth of it Is a life filled with milk and honey Even for filth, guilt and money   As...