BUSINESS

The debate about the passing of the controversial Electronic Transaction Levy (E-levy) by the government still remains unsettled after facing rejection from the Ghanaian public and the Minority caucus in Parliament. Although the government claims the intended purpose of the new tax measure is to raise revenue to support job creation …

  Parliament engages stakeholders on E-Levy Minority, citizens oppose E-Levy E-Levy to shore up revenue, create jobs – Finance Minister President Nana Addo Dankwa Akufo-Addo has expressed his administration’s resolve to find ways of addressing revenue gaps in government’s 2022 budget. According to him, government as a result of the coronavirus pandemic has …

Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions has dropped by GH¢3.2 billion in December last year, less the one month after Finance Minister, Ken Ofori-Atta, announced in the 2022 budget of an electronic transfer levy (E-Levy). According to the report, …

The leadership of concerned drivers’ association are holding a crunch meeting on the possible increment of transport fares on Wednesday February 2, 2022. According to the union, up to 40 percent increment could be looming. The group says they sympathise with Ghanaians on the current economic hardships, but in order …

  The Bank of Ghana has maintained the monetary policy rate at 14.5%. This is the second time the Bank of Ghana has decided to keep its lending rate to commercial banks in the country. In a press release dated 31st January 2022, the BoG further stated the spillover of …

Fuel prices to go up IES says it will cross 7 cedis This will affect all petroleum products The Institute for Energy Security (IES), is predicting that prices of petroleum products will increase at various pumps across the country from February. According to them, this is a result of an …

Commercial transport operators bemoan taxes on fuel prices Drivers running at losses due to fuel price increments – GPRTU We’ll still push for a reduction in taxes on fuel-Concerned Drivers Public Relations Officer of the Concerned Drivers Association, David Agboado, has stated that the drivers will on Wednesday, February 2, …

Bank of Ghana grants DBG operational license DBG to provide access to medium and long-term loans at affordable interest rates DBG commences operations with initial total funding of over US$750 million Government has announced the appointment of finance and investment expert, Kwamina Bentsi Enchill Duker, as the first Chief Executive …

Lawyer Nti bemoans tribalism among Ghanaian families Lawyer Nti rants on Twitter Ghanaians react to Lawyer Nti’s relationship post Richmond Xavier Amoakoh, popularly known as ‘Lawyer Nti’ has highlighted some struggles some Ghanaian couples experience in this day and age. While stating his points, the comic actor finds it disheartening, …

Going to IMF would indicate that Ghana is not financially disciplined – Prof Lord Govt might not be able adhere to IMF conditionalities – Prof Lord International money market should be a ‘no go area’ for govt – Economist A senior lecturer at the University of Ghana Business School (UGBS), …