The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has emphasised that the primary objective of the bank's stance on the new Bank of Ghana Act of 2002 (Act 612) is to guarantee clarity of the law.
Dr. Addison pointed out that the current Act requires an amendment to address...
Barring any last minute glitch, the Ghana Revenue Authority (GRA) will on June 6 this year begin implementing a new tax compliance tool referred to as the Upfront Payment of Value Added Tax (VAT).
The upfront VAT payment, according to the GRA, is not a new tax but a compliance...
as WAMI, EMTECH partner to unify, modernise regional policies
The West African Monetary Institute (WAMI) and EMTECH Solutions Inc. have unveilled a strategic partnership to modernise country-level and regional regulatory sandboxes, enabling the harmonisation of heterogeneous Fintech regulatory policies and frameworks across the West African Monetary Zone (WAMZ). The...
amid tight monetary policy, economic slowdown
The rate of growth for credit extended to the private sector has slowed down, as a cocktail of factors - including a tight monetary policy stance, banks' portfolio rebalancing and a moderation in economic activity - have taken their toll, data from the...
Andrew Takyi-Appiah, the Managing Director (MD) of Zeepay - a leading mobile financial services company, has emerged Africa's Fintech Leader of the Year for the second year in a row at the recently held 2023 edition of the CEO Summit. The prestigious award was presented to him before a...
Amit Agrawal, Country Head of Olam Agri in Ghana, has been honoured with the CEO of the Year award in Agri-Business and Food Processing at the just-ended 7th Ghana CEO Summit held at the Kempinski Hotel in Accra.
This marks Mr. Agrawal’s second consecutive recognition by the Summit for excellent...
Close to Two thousand menstruating girls in selected deprived public schools within the Ayawaso West Municipality of the Greater Accra Region have received sanitary pads as part of activities to mark 2023 World Menstrual Hygiene Day.
A fast-growing fintech firm, appsNmobile Solutions limited partnered a women’s right NGO Inspire Today,...
…after failing to get US$1.3bn from GNPC
Two years after the country’s failed bid to purchase shares in two offshore petroleum blocks owned by Aker Energy for US$1.65billion, the company has entered into a US$1 upfront payment agreement with a subsidiary of its main creditors for one of the blocks...
The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has revealed plans to reverse the foreign exchange (FX) control measures implemented last year in response to declining reserves at the time.
Those measures included the withdrawal of foreign exchange support for the importation of certain non-critical or essential goods -...
Key agriculture sector stakeholders - including the Peasant Farmers Association of Ghana (PFAG), International Budget Partnership (IBP) and the Chamber of Fertiliser Ghana - are calling for comprehensive audits to be conducted into government’s ‘Planting for Food and Jobs’ (PFJ) subsidy policy.
The advocacy, according to the civil society organisations...