The Commissioner General of the Ghana Revenue Authority, Rev. Ammishaddai Owusu-Amoah, says the commission has adopted measures to reduce tax defaults of Oil Marketing Companies (OMCs). This follows revelations in the 2022 Auditor General’s report that 18 OMCs owed over GH¢3 million in taxes. Rev. Owusu-Amoah noted that while the Authority was in court to […] The post GRA
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Kwamina Asomaning delivering the keynote address at the graduation ceremony Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery Read More... The post Embrace Journey Of Discovery
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor Read More... The post Policy Rate Drops To 29% appeared first on DailyGuide N
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Fidelity Bank Ghana, the country’s largest privately-owned bank, concluded the festive season with a display of generosity through its Employee Volunteering Program (EVP). Under this program, over 300 staff members engaged in impactful nationwide Corporate Social Responsibility (CSR) initiatives, combining time, financial resources, and personal involvement to uplift the lives of the less fortunate. In […] The post Fidelity
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OmniBSIC Bank, the fastest-growing Bank in Ghana and Bank of the Year, 2023 has relocated its Anloga Branch in Kumasi to the City Style Building on Stadium Road Amakom, Kumasi as part of the Bank’s ongoing brand enhancement effort. The relocation of the branch is aimed at providing an improved banking experience, easy accessibility, ample […] The post OmniBSIC
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The Ghana Revenue Authority (GRA) collected tax revenue of GH¢113.06 billion last year, GH¢3.87 billion more than it was tasked to collect. The performance represents a nominal growth rate of 49.3 per cent over the 2022 fiscal year, which the GRA described as the highest ever in the last 20 years. For the 2023 fiscal […] The post GRA bags GH¢113bn in 2023 –
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
With over 60% of Ghana’s population living in rural areas, developing rural education to propel national development should be a reason d’ȇtre. Ghana’s rural development requires critical attention. The usual pittance thrown to rural dwellers particularly during electioneering periods are cardinal sins that political parties must desist from and rather pursue lasting solutions to the […] The post
Deputy Finance Minister Abena Osei-Asare has defended the 2017 financial sector clean-up, which led to the liquidation of 420 institutions. She put up the defence in response to the Chairman of the Public Accounts Committee, James Klutse Avedzi, who attributed the tax default of some of the institutions to the financial sector clean-up. The Ghana […] The post Abena Osei-Asare
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