Sunday, April 26, 2026
Twelve public sector unions, which have come together to form the Forum for Public Sector Registered Pension Schemes, have given government a two-week ultimatum to address their concerns on low pension amounts paid by the Social Security and National Insurance Trust (SSNIT), or they will lay down their tools. According...
The University of Cape Coast School of Business has organised a virtual seminar to educate students on tax reliefs and financial reporting implications. The e-seminar, themed ‘Coronavirus Pandemic, Tax Reliefs and Financial Reporting Implications’, had Dr. Abdalah Ali-Nakyea of Ali-Nakyea & Associates; Dr. Isaac Nyame of Ikerm and Associates’ and...
The National Labour Commission (NLC) has advised employers to negotiate pay cuts, salary suspension, partial layoffs and others in good faith with their employees, so as to reduce the acrimony that will ensue as a result of frustration of contracts due to the outbreak of COVID-19. According to the NLC,...
GH¢5bn in total circulation, up from GH¢20.5bn in 2018 GH¢276m, GH¢149m worth of GH¢200 and GH¢100 notes in circulation GH¢50 note is highest in system at GH¢9bn A total of GH¢306 million has been spent by the Central Bank to print money in 2019 including the new notes of...
Fiscal Gap Created by the COVID-19 Pandemic In his fourth address to update Ghanaians on the country’s responses to the Coronavirus pandemic the President directed the Finance Minister to prepare for approval by Parliament, a Coronavirus Alleviation Program (CAP) to address the disruption of economic activities, hardship of the...
“He who desires to create wealth to benefit his kith and kin should not be undermined”. Typically, in Akan parlance, it is stated unequivocally that “he who attempts to bring honour or wealth into Kotoko (the community) must be applauded, not maligned or hindered.” Ordinarily, one may construe the above...
Funding in Africa is in short supply – especially when it comes to Research and Development (R&D). This reality has never been more apparent than during the recent Coronavirus Pandemic. When our scientists were called upon to provide their insights into developments on SAR-COV-2 and COVID-19, some were able to...
A report prepared by the Economic Commission for Africa (ECA) named Ghana as the 8th country in Africa facing a high risk of debt distress. The World Bank and IMF have maintained Ghana as a high-risk of debt distress country. This generally infers that the country is accumulating so much...
Twenty-six thousand entrepreneurs are expected to be trained under the third window of the Presidential Business Support Programme (PBSP), according to the Ministry of Business Development. In collaboration with the National Entrepreneurship and Innovation Plan (NEIP), the Minister, Dr. Ibrahim Awal, announced the opening of the window three programme saying...
Kenya’s private sector activity inched up in May after falling sharply a month earlier because of restrictions to curb the spread of coronavirus, but conditions are expected to worsen in coming months, a survey showed on Thursday. The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) came in at 36.7,...