Africa, a market of more than 1 billion people banks a collective Gross Domestic Product of $3.4 trillion a year. By doing business with anyone other than itself.
In 2016, the World Bank listed the top 5 products exported from Africa as gold in semi manufactured form ($9 billion); non...
Volta Regional Minister, Dr Archibald Letsa has underscored the need for government agencies to take advantage of the resource provided by the District League Table (DLT) to help develop their districts and give their citizens a better life.
Rather than seeing the DLT study as a tool to name and...
Parliament has approved the 2018 Sovereign bond and Global Depository Note (GDN) , to use US$1billion to finance the 2018 Budget, up to US$1.5billion to refinance maturing external bonds.
Others include, about 500m from the GDN issue to refinance expensive domestic cedi denominated debt, the report of the finance...
As a policy direction to help revamp the local poultry industry, government has restricted the importation of frozen chicken drastically, Dr. Gyiele Nurah - Minister of State at the Presidency in charge of Food and Agriculture - has announced.
The ‘ban’ on imported frozen chicken, he indicated, is in response...
A Deposit Protection Scheme that will help reduce disruptions in the financial system arising from banking distress and bank failure has been approved by Parliament.
As part of the scheme, parliament has approved a €13million loan agreement between the Government of Ghana and Kreditanstalt Fur Wiederaufbau (KFW), Frankfurt AM Main...
The Government has announced the suspension of imported VAT charges on some 64 commodity groups.
Suspension of the import charge, which took effect from Wednesday, March 21, 2018 was as a result of a decision taken by the government after extensive consultation with the various stakeholders who operate in the...
It appears government’s decision to impose a 17.5 percent VAT on mobile phones is causing consternation among traders and some economic thinkers.
The Ghana Union of Trader Associations (GUTA) has fired the first salvo and is asking government not to contemplate any such imposition. GUTA’s point is that while they...
The Ghana Union of Traders Associations (GUTA) has issued a stern warning to government, saying the proposed 17.5 percent Value Added Tax (VAT) on mobile phones should not be introduced.
It also warns that the new formula by Customs for calculating duties on imported cables must be reversed.
The warning comes...
The Northern Regional office of the Ministry of Trade and Industry (MOTI) has kicked start the implementation of the one district one factory (1F1F) programme with the establishment of implementation teams across the 26 Metropolitan, Municipal and District Assemblies of the region.
The teams are to oversee the work of...
The Reinsurance sector in the country remains untapped, with a lot of room for growth in the provision of reinsurance capacity in the areas of oil and gas, marine, aviation and specialist liability risk.
Mr. Justice Yaw Ofori, Commissioner of the National Insurance Commission (NIC) who disclosed this at the...