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The Ministry of Finance in a recent development has announced that the government will be imposing Value Added Tax (VAT) on a specific section of electricity consumers in the Read More... The post Gov’t Introduces
A comprehensive digital solution to address the challenge of ‘Ghost’ names and delays in the payment of salaries of newly enrolled Government staff on the National Payroll System has been launched by Vice President Bawumia in Accra. The system involves the linkage of the Government of Ghana (GOG) National Mechanized Payroll Database of the Controller […] The post Bawumia chases ‘Ghosts’ on gov’t
A committee of representatives of land owners from nine communities in the Ejisu Municipality have re-entered a total of 950 acres of land, said to have been acquired by the government for use by the Free Zones Authority (FZA). The Communities are Ampabame, Adadientem, Abenase, Donaase, Ejisu-Manhyia, Asaapong, Hwereso, Edwenase and Nyinataase. The chairman of […] The post Owners take over Free Zones
Dr. Ernest Addison, BoG Governor THE BANK of Ghana has given authorisation for some 16 foreign exchange (FX) brokers to operate on the Ghana Interbank FX market effective January Read More... The post 16 Brokers Approved For Interbank Forex Market appeared
Prof. Samuel Kobina Annim THE YEAR-on-year inflation for December 2023 dropped significantly to 23.2 percent from the 26.4 percent recorded in November last year. The Consumer Price Index (CPI) Read More... The post Inflation Drops Again To 23.2% appeared first on DailyGuide
Officials of Brilin Enterprise receiving a dummy cheque for being the National Best Agent FIDELITY BANK Ghana hosted an illustrious awards night on December 14, 2023, to honor and Read More... The post Fidelity Bank Celebrates Top-Performing Agents appeared
Over the last 15 years, one of the major developments that has revolutionized and disrupted the entire financial sector in Ghana is the emergence of Mobile Money Services (MoMo). Though MTN launched its Mobile Financial Services (MFS) in 2009, many Ghanaians were yet to warm up to it as a safe mode of payment in […] The post Navigating
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Residents and business operators in the Ashanti Region are urging the Electricity Company of Ghana (ECG) to provide them with a load-shedding timetable as the erratic power supply situation continues to worsen in recent times. Following the recent blackout in the country, Ghanaians have expressed dissatisfaction with the ECG and the Energy Ministry for such […] The post Kumasi
Dimension Data in Ghana is to come under new ownership and will trade under a new name following a Management Buyout (MBO) by Yvette Adounvo Atekpe, who has been leading the company for the last 16 years. Yvette Adounvo Atekpe has been actively promoting, supporting and working in the ICT industry in Ghana for over […] The post Locally-owned company acquires Dimension
Mr. Kwasi Kwaning-Bosompem, the Controller and Accountant General, has stated that any public sector worker without a Ghana Card will risk losing his/her salary effective March 2024. This follows the launch of a software solution that integrated the databases of the Mechanised Payroll System of the Controller and Accountant General’s Department (CAGD) and the National […] The post No
Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African nation, Finance Minister Ken Ofori-Atta said. The term sheet from the Paris Club Group of creditors and new ones including China comes after months of […] The post Ghana gets debt-relief terms,
Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African nation, Finance Minister Ken Ofori-Atta said. The term sheet from the Paris Club Group of creditors and new ones including China comes after months of […] The post Ghana gets debt-relief
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by 15% in line with its 2024 indexation rate. Following the review which is by Section 80 of the National Pensions Act, 2008, (Act 766) all valid pensioners on the SSNIT pension payroll as of the end of December 2023 will have […] The post SSNIT announces 15% increment in
The Ghana Stock Exchange (GSE) ended the year with a strong performance on the bourse despite the challenges in the capital market last year. The GSE-composite index which tracks the performance of all companies traded on the bourse, closed the year with a return of 28.08 per cent. However, the Financial Stock Index recorded a …
FBNBank is poised to build a stronger bank and serve customers better in 2024 in a bid to become one of the leading banks in the country, the Managing Director and Chief Executive Officer, Victor Yaw Asante, has stated. He said bank’s performance and achievements in 2023 would serve as basis to become one of …
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Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the central bank exceeded its reserve target by almost US$1billion in 2023 with the help of the domestic Gold for Reserves programme. He stated that the BoG plans to continue with the programme to help in terms of building reserves going into […] The post BoG to continue ‘Gold for Reserves’ programme to prop
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