Politics

Mahama’s 24-hour economy feasible – Joe Jackson

896  Economist and Director of Operations at Dalex Finance, Joe Jackson, has expressed his strong belief in the feasibility of Mahama’s 24-hour economy policy. Jackson emphasized that the policy’s success hinges on the government’s ability to foster a conducive business environment. He highlighted the need for accessible financing and reduced tax burdens to support businesses. […]

Politics

Restricting imports the right way to go but the approach is problematic – Ricketts-Hagan

848  A former Deputy Finance Minister and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan, has expressed support for the introduction of the legislative instrument (L.I.) aimed at restricting the importation of specific strategic products. He believes the move could contribute to a reduction in the country’s import bill. However, he highlighted concerns […]

Politics

The idea of a 24-hour economy laudable – Theo Acheampong

970  Political Risk Analyst, Dr Theo Acheampong has lauded the 24-hour economy idea proposed by former President and NDC presidential candidate for election 2024, John Dramani Mahama. According to him, the policy, if implemented effectively, could be beneficial in reducing the unemployment rate in the country. Dr Acheampong emphasised that the policy has the potential […]

Politics

The Potential Pitfalls of Import Restrictions in Ghana,W/R NDC Nat Andoh writes

1,692  Ghana government is seeking to implement restrictions on the importation of 22 commodities. While the intention behind such measures may be to protect domestic industries and foster self-sufficiency, it is crucial to examine the potential consequences of these restrictions. In this article, we delve into the concerns surrounding these import limitations, particularly in relation […]

Politics

It’s a lazy approach to keep focusing on existing taxpayers – Bawumia fires GRA

1,091  Vice President Dr Mahamudu Bawumia has urged the Ghana Revenue Authority (GRA) to capitalise on the connection between the Ghana Card and Tax Identification Number (TIN) to enhance the identification and tax collection processes for individuals and businesses. Describing the current GRA approach of focusing solely on existing taxpayers as “lazy,” Dr Bawumia emphasised […]

Politics

Licensing regime for import restrictions archaic; it’ll breed corruption – Minority

922  The Minority in Parliament has said that the Legislative Instrument seeking to restrict the importation of selected strategic goods into the country is an outmoded licensing regime by the government, and could breed corruption. On Thursday, Parliament suspended the laying of the Legislative Instrument by the Minister of Trade and Industry, K.T Hammond, for […]

Politics

Over $30m spent quarterly on ‘galamsey’ committee – Minority

933  The Minority Members on the Lands and Forestry Committee of Parliament have criticized the government for failing to account for funds disbursed in the fight against illegal mining, also known as ‘galamsey,’ in the 2024 Budget. The group alleges that $30 million was allocated to the defunct inter-ministerial committee quarterly for three years, while […]