The Ghana Insurers Association (GIA), has cautioned that insurance firms are at risk of losing about 50 percent of their assets invested in government securities, banks, and fund managers if the domestic debt exchange programme of the government does not exempt the sector.
According to the GIA, whilst about 40...
For the country to successfully transition from poor cooking energy systems to more clean methods, there is the need for policy directions to encourage the use of electricity which experts have said is relatively cheaper.
This, Dr. Simon Bawakyillenuo, Project Lead of the Modern Energy Cooking Services at the Institute...
An additional income tax bracket of 35 percent from 30 percent, the increase in Value Added Tax (VAT) rate by two and a half percentage points from 12.5 percent to 15 percent, including other major reforms undertaken with respect to VAT exemptions just simply further exacerbate the already fragile...
A proposed town hall meeting slated for Monday, December 14, 2022, spearheaded by the Securities and Exchange Commission (SEC), together with the Ghana Securities Industry Association (GSIA), to “discuss recent market developments” has been postponed indefinitely.
The postponement was conveyed in a communiqué from the SEC on Friday, December 9,...
as royalties infractions, unlicensed operators dominate
For more than two decades, limestone miners in the Yilo and Manya Krobo municipalities have defaulted in the payment of royalties and concession rent, and as they do, they leave a trail of environmental degradation, poverty, and diseases.
Information obtained from the Minerals Commission...
While government is yet to officially write to the Chamber of Mines on the proposed gold for oil barter policy, the Chamber is wary of how having too much cedis could affect its members.
The government wants large-scale miners to sell, at least, 20 percent of their gold in local...
Little, the Pan-African ride hailing service that originally started in Kenya in 2016 is finally coming to Ghana. The company is expected to start operations in Ghana with an official launch on December 15, 2022.
Little is touted as a highly professional and user-friendly service that provides safe, on-demand rides...
Improving access to trade finance – credit facilities used by importers and exporters to transact business — particularly through the banking system, could see the nation grow its cumulative trade value by as much as US$2.2billion annually in the near to medium term, a recently-released report by the International...
As part of government’s key intervention to mitigate the impact of current economic challenge and return the country to sustained path of robust growth, the Millennium Development Authority, in collaboration with GhanaCARES Obaatan Pa Programme, has launched the first phase of the GhanaCares Economic Enclave Project (EEP).
The project, which...
Eduwatch calls for increase in Domestic Violence fund to Gh₵2M
The Ghana Statistical Services (GSS), in the 2021 Population Census Report, has indicated that about 80,000 girls between 12 and 17 years are either married or living with a man, a factor that has been identified as an impediment...