Finance Minister Ken Ofori-Atta was successful in convincing the legislature to suspend fiscal responsibility rules contained in the Fiscal Responsibility Act, 2018 (Ac t 982).
The scale of damage and macroeconomic distortions caused by the pandemic is unprecedented in the country’s history, and makes it possible to invoke the escape...
“The world suffers a lot not because of the violence of bad people but because of the silence of good people” …..Napoleon Bonaparte.
Many Ghanaians witness different forms of crimes, which has the potential to jeopardize the health, safety or lives of others. Most individuals who witness such misconduct often...
Welcome to another week of financial learning. I believe we are all well and staying safe in these abnormal COVID-19 times!
COVID-19 officially hit the shores on Ghana in the early part of March 2020. Events after the first announcement led to full and partial lockdowns, a ban on the...
Things are tough. Everything is in limbo. COVID-19 has seen to that. There is not an industry that is not negatively affected by the pandemic. And its worldwide.
The oil and gas industry is no exception.
Companies in Ghana's oil and gas sector are in a state of flux.
The disruption to...
South Africa’s Shoprite Holdings will lay off 115 staff and close another Kenyan store, less than a year after its opening as part of the supermarket’s expansion into the east African country, a letter seen by Reuters shows and the company confirmed.
In the letter, addressed to the Kenyan Union...
The 3% levy charged all consumers of electricity for street lighting has generated GH¢273.9million of revenue to government in 2018 and 2019, Energy Minister John Peter Amewu said when he appeared before Parliament to answer questions from members last Thursday.
“In summary, a total amount of GH¢273,876,832 was collected by...
Absa Bank Ghana Limited has been awarded Partner Champion by Enactus Ghana for its role in supporting youth empowerment and development. The bank received the award at the maiden virtual edition of the Enactus National Competition.
According to the organisers, the award is in recognition of Absa Bank’s commitment to...
The Sickle Cell Foundation of Ghana (SCFG), in collaboration with Novartis, has developed a mobile digital application (App) to help manage the data collected on newborns in the National Newborn Screening Programme for Sickle Cell Disease (NNSP-SCD). This initiative forms part of the Mission of the SCFG and its...
Government has made savings of GH¢1.5billion in underdeclared taxes since implementation of the Common Platform (CP) in the telecommunications sector since 2017.
“The introduction of the CP has uncovered that, prior to the introduction of the policy, GH¢470million in taxes was lost from potential underdeclarations between 2015 to the first...