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
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
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
A Police Officer – Staff Sergeant (S/Sgt) Isaac Akwasi Aning and seven others have been arraigned and charged over some $523k gold scam transactions. The transaction involved six Ghanaians and two Turkish nationals (victims). S/Sgt. Akwasi Aning (6th Accused) together with Samuel Adu Kumi, (1st Accused) Benjamin Kakpo Addoquaye aka Ketuketu, (2nd Accused), Isaac Offei […] The post Police
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
On April 24, 2024, the mother of legendary Ghanaian actor Fred Amugi turned a magnificent 100 years old. To mark this incredible milestone, the celebrated actor and his friends at Flora Tissue (a brand he represents) orchestrated a delightful surprise visit for his mom. The heartwarming event showered her with gifts and a special musical […] The post Meet legendary actor
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 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
Chairman of the Federation of Kumasi Traders, Nana Prempeh, has raised serious concerns, traders at the Kejetia Market particularly those at the ground floor are exposed to poisonous vehicular fumes. He made the disturbing observation in an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM. According to Nana Prempeh, the extractors installed to absorb these […] The post Kejetia
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
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […] The post I dare Bawumia
The National Democratic Congress (NDC) Members of Parliament representing the Upper West Region have expressed their profound thanks and gratitude to the Rt Hon Speaker of Parliament, Alban S. K. Bagbin, for his unwavering support to the Caucus over the last three years. In a statement issued by the leader of the caucus, Dr. Rashid […] The post Upper West NDC MPs extend gratitude
Dr. Rashid Pelpuo, Member of Parliament for the Wa constituency and a key figure in the National Democratic Congress (NDC), engaged some members of the NDC Norway branch in Oslo to discuss critical national issues concerning Ghana’s economy and national politics. The meeting, held on the sidelines of the United Nations conference on Parliamentarians, focused […] The post NDC
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
…Are we ready? By Daniel Sarkodie DUAH Just a little more than five years ago, technology started to focus on changing the insurance industry. Even though insurance is super important for the world to grow and expand, it was slower to use new technology compared to other industries. This means that while other industries were […] The post Could insurtech overtake
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
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
Former Arsenal striker Andy Cole has criticised manager Mikel Arteta for his handling of Aaron Ramsdale this season. Ramsdale was Arsenal’s first-choice goalkeeper last season however the arrival of David Raya on loan from Brentford saw the former shot-stopper frozen out by Arteta for almost all of the season and the former Newcastle United striker […] The post ‘It’s
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