…mitigating potential pitfalls Commercial Paper (CP) notes play a crucial role in the Ghanaian financial landscape, providing financial institutions and corporations with a flexible and efficient means to raise short-term funding for working capital purposes, payroll and other short-term needs. This short-term financing instrument with maturities ranging from a few days to several months – […] The post

… Molaprise’s global commitment to application, cloud, and infrastructure security As the world rapidly evolves into an interconnected digital ecosystem, it presents a panorama of exciting innovation, unprecedented opportunities, and strategic shifts. However, this technological optimism also brings forth a landscape rife with complex challenges—particularly, the escalating threat of cyberattacks. Amid this volatile digital terrain, […] The post

The National Lottery Authority (NLA) has relaunched the Veterans Administration Ghana (VAG) lotto game to its Lotto Marketing Companies (LMCs) as part of a collaboration agreement with the VAG. Director-General of NLA, Samuel Awuku – who addressed dignitaries at an unveilling ceremony of new draw machines and relaunch of the VAG lottery in Accra, said […] The post NLA

The Chief Executive Officer of the Ghana Chamber of Young Entrepreneurs (GCYE), Sherif Ghali, has been honoured with the distinguished title of ‘Youth Achiever in Entrepreneurship’ at the just-ended National Youth Achievers and Mentors Awards. This recognition is a testament to Mr. Ghali’s exceptional contributions to the field of entrepreneurship and his unwavering dedication to […] The post

Telecommunication giant MTN Ghana has announced its results for the half year ended 2023 at its 2023 Investor Connect event held in Accra. Its service revenue increased by 32.3 percent to GH¢6.2 billion as mobile money (MoMo) revenue grew by 48.8 percent to GH¢1.3 billion. Data revenue increased by 41.0 percent to GH¢ 2.6 billion, […] The post MTN

Ghana’s tax laws not only require the payment of taxes, but also require certain compliance obligations on the part of taxpayers. These obligations include registering with the tax authorities regarding a particular tax, acting as a withholding agent, filing returns, making payments on time, and keeping proper records. Non-compliance with these obligations can have financial […] The post

Securing a sustainable future for generations is at the heart of the United Nations Sustainable Development Goals. The future sustainability of planet Earth is under threat because of irresponsible consumption and production patterns. This issue has been highlighted by the United Nations. According to the UN If current consumption and production patterns continue, the planet […] The post

As the second half of 2023 unfolds, the domestic fixed-income market faces the prospect of increasing state borrowing on the money market even as government gears up to address higher refinancing obligations and fulfil various fiscal activities. Experts anticipate government to refinance maturing bills estimated at GH¢31.01billion in Q3-23, a significant increase from the previous […] The post

The Ghana Revenue Authority (GRA) will on August 15 this year start withholding 10 percent tax on the gross winnings of all betting, gaming, lotto and other games of chance across the board. This decision, the Authority says, follows passage of the Income Tax (Amendment – No 2, Act 2023 (Act 1094) which sets out […] The post GRA

Government has unveiled the Emergency Expenditure Management Guidelines and Audit Recommendations Implementation and Follow-up Instructions for Public Institutions. It is hopeful that the move will bolster the country’s response to emergencies and enhance fiscal discipline, with COVID-19 and Russia-Ukraine conflict having laid bare the need for proper emergency planning. The Emergency Expenditure Management Guidelines’ launch […] The post

The Africa Bar Association has at its 2023 Annual Conference of the African Bar Association in Pretoria, South Africa, conferred a Medal of Merit in Leadership award on President Nana Addo Dankwa Akufo-Addo. The award, according to president of the Association Hannibal Egbe Uwaifo, was conferred on President Akufo-Addo because he is “a pan-Africanist, anti-corruption […] The post

stakeholders validate key findings and recommendations GIRSAL, through its Agriculture Stakeholder Convening and Advocacy Platform (ASCAP), has held a stakeholder validation workshop to substantiate findings from an assessment of the Fertiliser Subsidy Programme (FSP) to ascertain its effectiveness, efficiency and sustainability. The ASCAP initiative launched last year aims at bringing together government institutions, private sector […] The post