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
The Ghana Statistical Service (GSS) has announced that inflation for the month of March this year increased to 25.8%. This is up from 23.2% recorded in February 2024. Government statistician Professor Samuel Kobina Annim said at a press conference in Accra on Wednesday, April 10 that the non-food inflation went up by 22.6 percent while food […] The post Inflation rate increases sharply to
A member of the Health Committee of Parliament, Alexander Roosevelt, has criticized the Finance Ministry over the delay in approving a GH₵1.7 million tax waiver request for consignments intended for the Heal Komfo Anokye project. The renovation of the 70-year-old Komfo Anokye Teaching Hospital has encountered obstacles due to the project’s inability to clear approximately […] The post Govt’s
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
Dr. Ernest Addison In a recent announcement, the Bank of Ghana (BoG) has decided to maintain its Monetary Policy Rate (MPR) at 29%. This move comes in response to a Read More... The post BoG Maintains Monetary Policy Rate At 29% appeared first on DailyGuide
The post Oxfam Tax Dialogue: Is Ghana’s tax regime fit for purpose? appeared first on Citinewsroom - Comprehensive News in Ghana.
The Bank of Ghana (BoG) has maintained its Monetary Policy Rate (MPR) at 29 per cent. This comes as the International Monetary Fund (IMF) warned Central Banks to be careful when cutting interest rates as looser monetary policy could push inflation up further. This is the first time the BOG is maintaining the rate in […] The post BoG maintains policy rate at 29% appeared first on
King Charles III is “so proud of Catherine for her courage” in speaking about her treatment for cancer, Buckingham Palace has said. The King, who has been diagnosed with cancer himself, is in the “closest contact with his beloved daughter-in-law”, a short statement read. Support has poured in for the Princess of Wales, who described […] The post King hails
A leading member of the New Patriotic Party (NPP) in the Ashanti Region, Chairman Odeneho Kwaku Appiah (COCA) has expressed serious concern about the party’s unity and strategy for the 2024 general elections as the race for a running mate continues to threaten efforts. With the selection of Dr Mahamudu Bawumia as the party’s flagbearer […] The post Expedite
Ghana’s policy rate is one of the highest globally and can not be justified, therefore the Bank of Ghana (BoG) has a duty to slash it drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing […] The post Ghana’s policy rate is one of the highest
The Fiscal Policy Adviser, Oxfam Ghana, Dr Angela Azumah Alu, has called for a united effort among stakeholders to address gaps in the tax system. During the Oxfam Tax Dialogue on Citi TV on Thursday, March 21, Dr Alu highlighted the importance of collaboration to ensure that the voices of citizens influence the government’s tax […] The post Oxfam
The selection of running mates in Ghana’s political landscape holds immense significance, akin to the election of flagbearers. While achieving a proper balance on the ticket is crucial for the electoral success of the party, it is noteworthy that, traditionally, this role has been predominantly filled by men in major political parties in Ghana. Decisions […] The post Breaking
By Jayati GHOSH While the technical details of international agreements may seem arcane or even trivial, they often commit governments to policies that have major economic consequences. This is especially true for low- and middle-income countries, which have long been on the receiving end of unfair treaties. International tax agreements are a case in point. […] The post For
Professor Naana Jane Opoku-Agyemang has been formally declared the running mate of John Dramani Mahama, the flagbearer of the opposition National Democratic Congress (NDC). Prof. Opoku-Agyemang previously held the position of running mate to Mr. Mahama during the 2020 general elections. The National Executive Committee (NEC) of the party held a meeting on Thursday, March […] The post Profile
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has picked Prof. Jane Naana Opoku-Agyemang as his running mate for the 2024 presidential election. A University Don Read More... The post Mahama Picks Jane Again appeared first on DailyGuide
John Dramani Mahama, the flagbearer of the opposition National Democratic Congress (NDC), has officially submitted his nomination for a running mate to the party’s leadership. The NDC leadership confirmed Read More... The post Mahama Submits
Dani Alves A court in Spain has found former Barcelona and Brazil footballer Dani Alves guilty of raping a woman in a Barcelona nightclub. He has been sentenced to Read More... The post Alves Guilty Of Night Club Rape appeared first on DailyGuide
By E. N. Kwame NKRUMAH (Dr) & David ALEMZERO (Dr) While ostensibly rooted in environmental concerns, the recent introduction of a Vehicle and industrial Emission levy in Ghana has ignited a profound and nuanced debate within the socio-political landscape. Critics argue that the hurried implementation of the levy raises questions about the government’s commitment to […] The post
John Gatsi, a Professor of Economics at the University of Cape Coast (UCC), is sceptical about the proposed tax amnesty by Vice President Dr. Mahamudu Bawumia. He believes that this measure will neither enhance tax payments nor address the challenges associated with tax payment. Dr. Bawumia, the flagbearer of the New Patriotic Party, has promised […] The post Granting
In a bold declaration, Dr. Mahamudu Bawumia, the Flagbearer of the New Patriotic Party, has announced that he will abolish the controversial e-levy, bet tax, and emissions tax if Read More... The post E-Levy, Bet Tax, Emissions Levy To Go– Bawumia appeared
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