Authority says it’s improving collection rate in ongoing swoops
With a compliance rate of 17 percent, the Ghana Revenue Authority (GRA) ranks lowest in percentage of Value Added Tax (VAT) contribution to total tax revenue in the West African sub-region.
Data from the GRA indicate that VAT penetration in some...
As part of efforts to get a lasting solution for Ghana’s industrialisation, the Alliance for Development and Industrialisation (ADI) is calling on the two Bretton Institutions - the International Monetary Fund (IMF) and the World Bank to channel its financial assistance for Ghana in the industrialisation sector of the...
Microsoft has expanded its partnership with the African Development Bank to support Africa’s youth entrepreneurs under the Bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative.
Through its African Transformation Office (ATO), Microsoft will work with the Bank to develop youth entrepreneurship ecosystems - creating jobs and dramatically scaling impact in Africa...
In sub-Saharan Africa, it’s no surprise that the demand for tertiary education continues to grow as countries in this region realise they must prepare their young workforce to exhibit skills that can catalyse economic growth as a means of remaining competitive in today’s globalised world.
While this growth in demand...
The Ghana National Education Coalition Campaign (GNECC), an education sector civil society organisation (CSO), has called on government to increase budgetary allocation for the implementation of inclusive education policy (IEP).
According to the coalition of CSOs, it is one of the only pro-poor educational policy interventions that every Ghanaian is...
The United Nations Industrial Development Organisation (UNIDO) representative in Ghana and Liberia, Fakhruddin Azizi, has called on government to pay close attention to the mango and cassava sectors - saying they present a strong potential to attract investments that will drive inclusive and sustainable growth to create jobs in...
Until the 2007-2009 recession, the 1981-1982 recession was the worst economic downturn in the United States since the Great Depression. Records show that Ghana suffered a serious famine in the early 1980s. The crisis was the result of a drought that cut cereal production by 13 percent - coupled...
Amid the imminent restructuring of the nation’s public debt, bankers in the country are entreating managers of the economy to be circumspect in their decision-making so as not to destabilise the budding financial sector and erode recent gains made; especially as it pertains to investor confidence.
At the 39th Annual...
Ghana and the United State of America have agreed to collaborate to promote tourism, arts and culture between the two countries.
This was the outcome of a meeting held in Accra on Friday, 23rd September 2022 between the Minister for Tourism, Arts and Culture, Dr. Ibrahim Mohammed Awal and the...
Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has indicated that the monetary authority will not relent in its battle to beat down inflation and attain price stability, despite global and local pressures militating against its efforts.
In a speech read on his behalf at the 39th Annual...