Tag Archives: revenue

An American politician mired in an alleged travel spending scandal tied to a visit to Ghana has replied angry residents. Phyllis Randall, Virginia’s Loudoun County Board of Supervisors Chair and two others were accused of spending taxpayers’ money to the tune of US$60,000 for a lavish trip to Ghana in …

The International Monetary Fund (IMF) has disclosed that the Chinese government would likely have access to Ghana’s mineral revenue and electricity revenue due to the government of Ghana’s failure to honour its loan agreement. According to a news report by myjoyonline.com, the fund indicated that this might happen because the government of …

Over its expectation that government debt and revenue will continue to deteriorate, global rating firm, Moody’s, has downgraded Nigeria’s long-term foreign-currency and local-currency issuer ratings. In its latest assessment, the global rating agency also lowered Nigeria’s foreign currency senior unsecured debt ratings to Caa1 from B3 and changed the outlook …

The Mayor of Kumasi, Hon Samuel Pyne says the Kumasi Metropolitan Assembly (KMA) is devising proactive measures to shore up revenue to attend to numerous projects it plans to carry out. Speaking on Garden City TV Thursday morning, Hon Pyne revealed that the Assembly was currently spending 70% of its …

Revenue of the mobile money (MoMo) arm of telecommunication market leader – MTN – reached GH¢899million, a 9 percent growth on year-on-year growth in the first half of the year, its unaudited interim report has shown. The figure, however, pales in comparison to the 50.9 percent YoY growth recorded a …

The Majority Leader and MP for Suame constituency, Hon Osei Kyei-Mensah-Bonsu, has said the Electronic Transfer Levy which was passed by Parliament today, Tuesday will broaden the country’s Tax base and revenue to help government carry out more infrastructure development in the country. He made the comment at a press …

A Professor at the University of Professional Studies, Accra (UPSA), John Mawutor, has said public universities in Ghana have several ways to generate revenue in order to manage their own affairs. He said this on the Key Points on TV3 Saturday March 26 in relation to the decision by the …

The Ghana Revenue Authority (GRA) has by the end of the third quarter, September 2021, collected a tax revenue of GH¢39.90 billion out of a total annual target of GH¢57 billion. The authority is optimistic it will meet the annual target by December 31 and clear the deficit despite bites …

  The International Monetary Fund (IMF) has advised government to prioritise controlling spending and generating more revenue in order to reduce the country’s debt burden which has been exacerbated by the onslaught of the pandemic. Currently, according to the IMF, the public debt stands at 78 percent of GDP in …