Absa Bank Ghana LTD. has successfully hosted another edition of its ongoing SME Clinic series, designed to bolster small and medium enterprises (SMEs) and enhance business efficiency. The latest session, held at its Nester Square branch, Airport City, attracted over one hundred local business owners, underscoring Absa’s strong commitment to economic empowerment. This latest edition, […] The post
The High Court in Accra has observed with dismay the “delay tactics” being employed by State Prosecutors in commencing the trial of former president of the Ghana Football Association (GFA) Kwasi Nyantakyi. The Court was also unhappy about the substantive State Prosecutor’s request to prioritize an “official assignment” at the expense of the “prosecution of […] The post #Number
Yaa Serwaa Sarpong, the Director of Support Services at Strategic Mobilisation Ghana Ltd (SML), has refuted certain figures in KPMG’s report concerning the revenue they generated for the government. According to KPMG’s report, SML boosted the government’s tax revenue to GHS2.45 billion during the period under review. “Regarding the downstream petroleum audit services, KPMG determined […] The post We
Strategic Mobilization Ghana Ltd (SML) says there is a clear display of commitment on it part to transparency in the KPMG report. In a press release, SML stated that it is fully committed and confident in its efforts to ethically contribute to building a better Ghana for present and future generations while adhering to high […] The post We’ve shown commitment to transparency
The National Democratic Congress (NDC), has called on the President Akufo-Addo and Dr. Bawumia government to take immediate steps to retrieve all monies paid to SML Ghana Limited for no work done. At a press conference addressed by its National Communication Officer in Accra today, the party demanded the immediate publication of the full KPMG […] The post NDC demands retrieval of monies paid to SML
The National Democratic Congress (NDC) has called on the Akufo-Addo/Bawumia government to take immediate steps to retrieve all monies paid to the petroleum revenue assurance firm, Strategic Mobilisation Limited (SML). President Akufo-Addo ordered KPMG to audit the contract between the two entities on January 2, 2024. Following the submission of the audit report, a press […] The post Retrieve
The National Democratic Congress (NDC), has accused the Akufo-Addo/Bawumia government of attempted cover-up of corruption and criminality in the raging SML matter. The Presidency last week released a report detailing the President’s directives on recommendations of a yet to be published KPMG investigation. Whereas the report identified breaches of several laws involving contracts between the […] The post NDC
Former Auditor-General Daniel Yaw Domelevo has criticised the selection of KPMG to audit the contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML), describing it as illegal and unprofessional behaviour. President Nana Addo Dankwa Akufo-Addo ordered KPMG to audit the contract between the two entities on January 2, 2024. Following the […] The post GRA-SML
FLASHBACK: GFA President Kurt Okraku receiving the five-year Action Plan from Ghana Beach Soccer Chairman Ampofo Ankrah as other officials look on The country’s football governing body, Ghana Football Read More... The post GFA Rallies Support For Beach Soccer appeared first
By Sualah Abdul-wahab President Akufo-Addo has inaugurated a 15KW Solar Power Plant phase two project at Kaleo in the Nadowli-Kaleo District of the Upper West Region. The plant constructed by the Volta River Authority with support from the German Development Bank is expected to increase Ghana’s and VRA’s generation capacity and diversity by adding more […]
The Minority in Parliament is demanding the publication of the KPMG audit report on Strategic Mobilization Ghana Ltd (SML) and Ghana Revenue Authority (GRA) contract. President Akufo-Addo has stated that the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue Authority (GRA) will have to renegotiate the fee […] The post Minority
Isaac Adongo, Ranking Member on the Finance Committee of Parliament has asked President Nana Addo Dankwa Akufo-Addo to lay KPMG’s audit report on the revenue mobilisation agreement between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML) before Parliament. KPMG, an auditing firm, has finalised and presented its report on the GRA-SML contract […] The post Lay
Vice President of IMANI Africa, Bright Simons has called on President Akufo-Addo to make public the KPMG’s report on the investigation conducted on the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) deal. President Akufo-Addo says the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue […] The post Release KPMG’s
The Ghana Football Association (GFA) has appointed five coaches to lead the national teams in its efforts to enhance youth football’s developmental structures. They are Godwin Attram, Maxwell Konadu, Yaw Preko, Abdul Karim Zito, and Nurudeen Amadu. Four of these coaches have been assigned to the newly formed male national teams, U-15, U-18, U-19, and […] The post Godwin
The Ghana Revenue Authority (GRA) has clarified the status of resident individuals for tax purposes. According to the GRA, the clarification is on the back of concerns raised by the general public on the tax status of individuals who earn incomes abroad and whether they are deemed by the Tax laws as “resident individuals” for […] The post GRA clarifies taxes for resident individuals
Nigerian singer Fireboy DML has reiterated that his style of music is not Afrobeats. He, however, said his “roots and identity” are always in his music. The ‘Peru’ crooner featured as a guest in the latest episode of Amazon Music podcast, ‘B and N.’ He said, “As I always said, I don’t make Afrobeats. I […] The post ‘I don’t make Afrobeats’ – Fireboy clarifies appeared first on
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […] The post Don’t
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
Francis Tomore Boi, a renowned Tax Analyst, has endorsed the government’s initiative to tax the foreign incomes of resident Ghanaians as a strategic move to address the revenue shortfall resulting from the abandoned VAT on electricity. He described this as a smart move by the government. His comments are on the back of the government’s […] The post Taxing
Former President of the Ghana Football Association, Kwesi Nyantakyi, who is contesting the New Patriotic Party’s parliamentary primary in the Ejisu Constituency, has been hospitalized. A source from his campaign team confirmed to Citi News that Mr. Nyantakyi suffered stomach pain on Friday night and was taken to the hospital for treatment. According to the […] The post Kwesi
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