BUSINESS

The Finance Minister, Ken Ofori-Atta will today [Monday, July 29, 2019] present the mid-year budget review and supplementary estimates in Parliament in accordance with Section (28) of the Public Financial Management Act, 2016 (Act 921). The presentation had been postponed twice. Ahead of the presentation, some pressure groups have warned …

Pro-government newspaper, The Daily Statesman, has hinted that the Finance Minister will announce an increase in petroleum and mobile tax today. Ken Ofori-Atta, will address Parliament Monday morning to ask for more money to meet mainly urgent and priority infrastructural demands as the huge costs of saving the financial sector …

Introduction Part 1 examined nine VAT measures that are extolled as fiscal success and concluded by noting several flaws that negate their effectiveness: distortion of the tax structure, increase in tax burden, and not non-achievement of ambitious revenue targets for almost three (3) years. Part II discusses the Energy Sector …

Information started flying around from the first hour of Monday, July 29th, that former President Olusegun Obasanjo’s arrest has been ordered by President Muhammadu Buhari. The yet-to-be-confirmed arrest is said to be in connection with the recent open letter written Obasanjo to the incumbent president, touching on very sensitive state …

Martin Amidu has stated categorically that he is not on talking terms with Chief Scribe of the opposition National Democratic Congress (NDC), Mr. Johnson Asiedu Nketia alias General Mosquito. Reacting to news of being impervious to advise about accepting the post of Special Prosecutor, the citizen vigilante shredded the NDC …

Rapper and business mogul, Jay-Z has been seen in a new video jamming to his wife’s song, ‘Already’ which he did with Dancehall artist, Shatta Wale. We can interpret this as a huge endorsement for Shatta Wale’s brand (not for Beyonce because we all know how BIG she’s) and hopefully …

Private legal practitioner and an influential family member of current President, Gabby Asare Otchere-Darko says he is tired over strenuous attempts to link him to one thing or the other under the current administration. He thinks that no story in the country is ever complete without the association of his …

Lucy Anim Koryo , a parliamentary aspirant of the party in Suhum constituency of the Eastern Region has threatened to do the unthinkable in 2020 by stripping naked if dared by the New Patriotic Party’s (NPP’s) candidate who is the incumbent, Hon Fredrick Opare Ansah. The candidate disclosed that the …

One of the hottest music acts, Kofi Mole thrilled the crowed at last night’s Tidal rave which happened inside Kokrobite, Accra. The annual event night recorded high numbers and saw thousands of people storm the venue to catch their favorite music act on stage. Kofi Mole delivered an energetic performance …

The Ghana Standards Authority (GSA) will intensify its swoops across the country to rid the Ghanaian market of substandard goods regardless of where the products were made or who the importers or manufacturers are. The increase in market surveillance is part of the Authority’s efforts to check the proliferation of …