Vice President and flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, led a government delegation over the weekend to pay their final respects to the late Paramount Read More... The post Bawumia Bids Sunyani Omanhene Farewell appeared first on
Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei have admonished the government to cut its expenditure by 30 per cent to effectively combat inflationary pressures. The two in a report titled, ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ raised several concerns including the government’s approach of “relying […] The post Cut
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
By Rashidatu IBRAHIM An economist and advisor on South-South Cooperation and Development Finance at the South Centre, a Geneva-based intergovernmental organisation, Yuefen Li, has urged African countries to enforce regulations that require multinational corporations to contribute a greater share of taxes for their operations within these nations. She noted that implementing such measures would serve […] The post
The Ghana Mineworkers’ Union of the Trades Union Congress, has announced plans to stage a five-day protest at the Ministry of Lands and Natural Resources and the Jubilee House beginning on Monday, April 15, 2024. Their stance is to pressure the government into revoking the mining lease of Future Global Resources Limited, operators of the […] The post Mine
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
It might sound cliche but not at Tullow Ghana. The phrase, ‘local content’ has come to mean the very heart of how it conducts its business. As main operator of Ghana’s two main oil fields – Jubilee and TEN – Tullow has a responsibility to harness the oil and gas resources available to the country […] The post Giving priority to local suppliers;
Today, I focus on a very sensitive subject relating to the interplay of church and national development. The issue of the church contributing directly to national development through taxation has been superficially discussed at various quarters. However, due to the sensitive nature of religious matters in the country, and sometimes, the fanatism that comes with […] The post Should Churches Pay Taxes: Yay or
The Food and Drugs Authority (FDA) has issued a warning to importers, manufacturers and distributors of substandard and unhygienic baby diapers (known as bale diapers) into the country, which will result in their seizure. The FDA said the safe disposal of the susbstandard product would be at a cost to the importer. The Authority, in […] The post FDA warns against importation of unhygienic baby
The Local Organizing Committee (LOC) for the African Games has decided to compensate volunteers for the just-ended African Games held in Accra with an allowance of GHS1,000.00. This follows protests by the volunteers over unpaid stipends allegedly promised to them by the organizers. Some of the volunteers reportedly have to hold the Minister for Youth […] The post African
Vice President Mahamudu Bawumia, who is also the flagbearer of the New Patriotic Party (NPP), has assured the Ghanaian business community of his administration’s commitment to implementing tax reforms Read More... The post Bawumia
Thirty years after a devastating genocide, Rwanda has made impressive gains. But ethnic divisions persist under an iron-fisted president who has ruled for just as long.
The Ghana Union of Traders’ Association (GUTA) says the proposal by the Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to implement a new flat tax regime along with a tax amnesty is a step in the right direction, which the Union says, will significantly boost their businesses to grow. As part of […] The post GUTA welcomes Bawumia’s proposal for tax amnesty &
Dr. Peter Partey Anti, executive director of the Institute of Education Stidies (IES) and a lecturer at the University of Cape Coast, said he was alarmed about the news of some students from Presec who staged the kidnapping of a colleague. According to the Police statement issued on April 5, six persons including two adults, […] The post Presec fake kidnap: ‘I was a bit alarmed’ – Dr. Anti first
Joy News reports that Dr. Mahamudu Bawumia has told an Easter crowd in Kwahu that if he is elected as President, his administration will “not burn excavators” seized from galamsey Read More... The post Dr. Bawumia, Please Excavators Do Not Vote! appeared first on
The Chairman of the Foreign Affairs Committee of Parliament and MP for Asante Akim North, Andy Appiah-Kubi has mounted a spirited defense for the new passport application fees arguing that acquisition of a passport is a privilege. He therefore questioned applicants as to who is supposed to pay for the difference in the processing of […] The post Who should
Member of Parliament for the Asante Akim North constituency and Chairman of Parliament’s Foreign Affairs Committee, Andy Appiah-Kubi, has said that passports are no longer a source document to prove one’s citizenship since the inception of the Ghana Card. His comments follow the astronomical increase in passport processing fees by Parliament, which came into effect […] The post Passport
The Ghana Private Road Transport Union (GPRTU) has expressed dismay over the sudden reversal of the Price Stabilization and Recovery Levy on petroleum products by the National Petroleum Authority (NPA). The National Petroleum Authority (NPA) on April 4, 2024, instructed all Oil Marketing Companies and related stakeholders to impose a levy of 16 pesewas per […] The post Suspension
Vice President Dr. Mahamudu Bawumia Vice President Dr. Bawumia wants to make Ghana a pharmaceutical hub in the West African sub-region. He has promised to do this by providing Read More... The post Bawumia Pledges Support For Pharmaceutical Industry
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