BUSINESS

In an effort to achieve direly needed fiscal consolidation while at the same time providing equally greatly needed stimulus to the economy, the President Nana Akufo-Addo administration has unveiled 2021 national budget proposals that comprise a curious combination of tax rebates and newly introduced levies. While the new levies have …

We have all been taught various words of wisdom…” Money doesn’t grow on trees” and “Look after the pennies, the pounds will look after themselves” and so on. Thus, there is much significance attributed to the skill in keeping our money safe. As Robert Kiyosaki and Sharon Lechter lay out …

The National Concerned Drivers Association and True Drivers Union have called on its members across the country to resist any form of increment in road tolls by government. This follows a hint by caretaker Finance Minister Osei Kyei-Mensah-Bonsu about government’s intended review of road tolls. According to the Drivers Association, …

Cristiano Ronaldo has scored a sensational perfect hat-trick inside 32 minutes for Juventus as they lead Cagliari 3-0. The Portuguese superstar has been criticised this week for his part in Juve’s shock Champions League exit at the hands of Porto. But a motivated ‘CR7’ rocked up at the Sardegna Arena …

Minority spokesperson on Finance Cassiel Ato Forson has enumerated seven reasons why the 2021 budget will make Ghanaians worse off under the Akufo-Addo government. The Energy Sector Recovery Levy, Covid-19 Health Levy, and Sanitation and Pollution Levy are some of the revenue generation measures announced by the Caretaker Finance Minister …

Ghana’s budget deficit for 2020 is more than 18 per cent, Bolgatanga Central lawmaker Isaac Adongo has claimed. According to him, the 11.7 per cent quoted by interim Finance Minister Osei Kyei-Mensah-Bonsu when he presented the 2021 budget and economic statement on the floor of Parliament on Friday, 12 March …

The price of Petroleum products will go up by 5.7% in the coming days, Caretaker Finance Minister Osei Kyei-Mensah-Bonsu told Parliament today during the 2021 budget presentation. “I should note that on the basis of existing world crude oil prices, the implementation of the two proposed levies for sanitation and pollution as …

The 2021 budget full of revised austerity notes with bully taxes and levies, an economist Professor John Gatsi has said. The budget statement was presented on the floor of the House by Leader of Government Business in Parliament Osei Kyei Mensah Bonsu on Friday March 12. The budget statement has …

The COVID-19 Pandemic has pushed the country’s deficit and debts to worrying levels, according to statistics presented in the 2021 Budget statement read in Parliament on Friday by the Minister for Parliamentary Affairs, Osei Kyei Mensah-Bonsu. He said the current debt stock is 291.6 billion cedis with 76.1% GDP as …

Prices of bread are expected to increase on the market as bakers complain of hikes in cost of raw materials. Big brands in the baking industry have concluded to halt production for three days ahead of the increase in the price of loaf of bread. The bakers say the price …