2,269 Hon Kwadwo Baah Agyemang, the Managing Director of Ghana Digital Centres Limited (GDCL)has been adjudged the Best performing CEO of the Year by Asempa FM’s Ekosiiisen Awards 2022 The awards held on Friday evening recognized standard makers, excellence achievers and responsible organizations and individuals who adhere to the local business requirements while consistently improving […]
Business
Finance Ministry responsible for ¢9.2bn tax irregularities – IMANI Africa
4,335 IMANI Africa says the Finance Ministry is responsible for the 99.6 per cent (¢9.2 billion) tax irregularities. This tax irregularity is recorded from the year 2015 to 2020. This is contained in IMANI Africa’s 2nd Fiscal Recklessness Index 2020 Project. According to the report, the Finance Ministry “(and subsidiary agencies) tops the list of […]
Pension funds exempted from Debt Exchange Programme
1,778 Government has announced an exemption of all pension funds from the Debt Exchange Programme. This follows a meeting between Organised Labour, Ministry of Employment and Labour Relations, the Finance Ministry, National Security Ministry and all other parties involved on Thursday, December 22. The exemption of all pension funds, however, is subject to the government […]
First delivery of oil products under ‘Oil for Gold’ policy set for next month – Dr. Bawumia reveals
1,716 The much-applauded Gold for Oil Policy will be implemented beginning next month, Vice President Dr. Mahamudu Bawumia has announced. The Oil for Gold initiative, announced by the Vice President last month, will see Ghana pay for imported oil products with gold, in a move which the Vice President explained will impact positively on Ghana’s […]
Parliament approves 2.5% VAT hike rate
1,694 Parliament has passed the controversial 2.5 percent hike in the Value Added Tax (VAT) rate. Presenting the 2023 Budget, the Finance Minister Ken Ofori Atta announced government’s decision to increase the Value Added Tax (VAT) by 2.5 percent. This will move the tax policy from its current percentage of 12.5 per cent to 15 […]
Executive Chairman of KGL Group Inspires GJA to Continue Upholding Its Quality Leadership
1,645 The Executive Chairman of KGL Group and current Chairman of GIPC, Mr. Alex Dadey during the GJA Annual Dinner has encouraged the leaders of the Ghana Journalists Association to continue its commitment of ensuring quality leadership as the 4th Estate of Ghana’s multi-party democracy and governance processes. According to Mr. Alex Dadey, “he holds […]
First consignment of cheap fuel to arrive in January 2023 – Egyapa Mercer
1,660Deputy Energy Minister, Andrew Egyapa Mercer has disclosed that the first consignment of fuel under Ghana’s Gold for Oil deal will arrive on the shores of the country in January 2023. The Deputy Minister in an interview with Benjamin Akakpo on the AM Show on Wednesday, said the necessary agreement needed had been completed for the first […]
Debt restructuring may worsen economic situation if not managed well – Bright Simons
1,689 Vice President of IMANI Africa, Bright Simons says Ghana’s economic situation may worsen if the government does not manage its debt restructuring effectively. Speaking on Ghana’s Debt Restructuring Forum organized by Citi TV/Citi FM in collaboration with ACEP and IMANI Africa, on the theme, Ghana’s Debt Saga: Now, What Next? Bright Simons mentioned some […]
9 Eurobonds maturing in 10 years could cost government $7.85bn – Finance Ministry
1,661 The government of Ghana was expected to pay outstanding Eurobond loans worth at least $7.85 billion in the next 10 years, without a debt restructuring. According to data contained in the 2021 debt report released by the Finance Ministry, nine outstanding Eurobonds maturing in the next the 10 years could cost government at least […]
Petrol Prices Will Reduce Further – Napo Hints
2,020 PRICES OF petroleum products are expected to reduce further in the coming months to help make life comfortable for Ghanaians, Minister of Energy, Dr. Matthew Opoku Prempeh, has assured. The minister, also known as ‘Napo’, noted that he was shocked to see that some Ghanaians were happy when the prices of petroleum products shot […]









