BUSINESS

Tax expert and Senior Associate at Ali-Nakyea and Associates, William Kofi Owusu Demitia, has urged the government to come up with new compliance rules for its tax regime to enable government raise the needed revenue to undertake developmental projects. To Mr Demetia, there is the need for a change in …

Ghana Premier League Asante Kotoko have mutually terminated the contract of coach Kjetil Zachariassen, according to his agent, Charles Kouadio. The Norwegian gaffer has become a major topic of discussion in the past days when he went missing after the San Pedro game a week ago. The Porcupine Warriors cited …

Finance Minister, Ken Ofori-Atta is laying before parliament the Budget Statement and Economic Policy for 2020 in line with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921). The 2020 Budget will focus on tax reforms that will enhance private sector …

The Chinese government has decided to cancel a 250 million Yuan debt owed it by Ghana. In addition, the world super power has given the government 300 million Yuan grant to assist in its development process, both totalling 550 million Yuan. This came to light at a meeting between the …

The Securities and Exchange Commission (SEC) will begin accepting relevant documents for the validation of investment claims on November 18, 2019, following the revocation of the licenses of 53 Fund Management Companies. In a statement, the SEC said designated branches of Consolidated Bank of Ghana Limited (CBG) will open to …

Majority Leader and Minister for Parliamentary Affairs, Dr Osei Kyei Mensah Bonsu has said he has given up on members of the Minority in Parliament and he would not take what they say seriously because their very trademarks are lies and propaganda, MyNewGh.com reports. He questions why the NDC MPs …

Residents in some farming communities in the Fanteakwa North District of the Eastern region have threatened to boycott the upcoming MMDCE’s referendum and subsequently the Presidential and Parliamentary elections if deplorable roads linking their communities are not rehabilitated. The farmers say their general living conditions continue to worsen due to …

Government has signed the Concession Agreement for the construction of the Accra SkyTrain Project. The deal was signed on the sidelines of the ongoing African Investment Forum, on Monday. The signing of the SkyTrain agreement means feasibility studies to determine the bankability of the project will commence soon. Investors have …

The second tranche of the $2 billion Sinohydro deal has been approved and set to be disbursed early next year. It follows an approval given by Sinosure, the Chinese Export and Credit Insurance Corporation. Vice-President Dr. Mahamudu Bawumia who dropped the hint yesterday could not hide his excitement, saying “I’m …

An economist and research fellow with the Institute for Fiscal Studies (IFS), Dr. Adu Owusu Sarkodie is admonishing government to focus more on domestic revenue mobilisation as it prepares to present the 2019 Budget Statement and Fiscal Policy to Ghanaians on 13th November 2019. According to him, revenue generation is …