Finance Minister Nominee Cassiel Ato Forson has suggested government is targetting a significant boost in tax revenue, aiming to increase its contribution to Gross Domestic Product (GDP) from the current 13.8 percent to 18 percent in the medium-term.
According to Dr. Forson, the country has substantial untapped potential for tax...
Minister of Energy-designate John Abdulai Jinapor, during his vetting before parliament’s Appointments Committee on Monday, said the country’s energy sector debt has surged past US$3billion - rising from the approximately US$2billion recorded under the previous administration of President John Dramani Mahama.
Mr. Jinapor cited a document titled ‘Summary of Energy...
By Joshua Worlasi AMLANU
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Fitch Ratings has expressed optimism about the banking sector's outlook, citing stronger profits and improving solvency following significant challenges in recent years.
The agency’s latest report highlights how high yields on Treasury bills have been pivotal in helping banks rebuild capital reserves and remain compliant with...
By Juliet Aguiar DUGBARTEY, Takoradi
Takoradi Port saw growth in total cargo volume last year, with imported cargo reaching 2,877,273 metric tonnes by November 2024 - an 11.03 percent increase from 2,591,340 metric tonnes in the same period of 2023.
“Over 70 percent of this import volume was driven by clinker...
By Ernest Bako WUBONTO
The African Continental Free Trade Area (AfCFTA) Policy Network (APN) has urged the newly elected government to fast-track the Special Economic Zones (SEZs) bill that is currently before parliament, to enhance export and create jobs for the youthful population.
The premier continental non-governmental organisation (NGO) network on...
UBA Ghana continues to play a pivotal role in fostering seamless trade and driving economic growth through innovative financial solutions and support for Small and Medium-sized Enterprises (SMEs).
By providing tailored services, the bank is empowering businesses to navigate cross-border trade and thrive in competitive markets.
Simplifying Trade across Africa with...
By Elizabeth PUNSU, Kumasi
The leadership of the Kumasi City Market Traders Union (KCMTU) has partnered the Ghana Police Service to safeguard markets in Kumasi against destructive fire outbreaks.
This initiative underscores the commitment of KCMTU to creating a secure and resilient trading environment for its members and other individuals who...
Olam Agri Ghana, a leader in supply chain management, has celebrated 30 years of business in the country with a grand edition of the company’s Annual Excellence Awards, honouring the exceptional achievements of its most dedicated employees to commemorate three decades of significant contributions to Ghana’s food and agriculture...
The executives of the Jospong Group have announced the establishment of the Joseph Siaw Jospong Foundation, seeded with GHc500,000 to empower young entrepreneurs.
This gesture was made without the knowledge of Executive Chairman Dr. Joseph Siaw Agyepong, as a testament to his profound impact on the lives of many Ghanaians.
The...
A research done by RiviaCo, a healthcare service provider, has revealed that hypertension (BP) and diabetes rank high as key health issues affecting productivity in the country.
The study sought to find out the impact of poor health on businesses and the broader economy, and therefore used findings from blood...