Ghana’s Cedi has declined by 53.8% in value against major currencies, since the beginning of 2022, Finance Minister Ken Ofori-Atta has said. Presenting the 2023 Budget in Parliament on Thursday, Mr. Ofori-Atta blamed the demand for foreign exchange as one of the reasons for the decline of the cedi. “The demand for foreign exchange to […] The post Cedi
The Finance Minister, Ken Ofori-Atta presented the 2023 budget in Parliament on Thursday. In the budget, he among other things announced a 2.5% rise in VAT from next year and the reduction in the e-levy rate from 1.5% to 1%. Below is the full statement read by Mr. Ofori-Atta. 2023 BUDGET SPEECH 24TH NOVEMBER […] The post 2023 budget statement and economic policy [Full
Government has proposed reduction in the controversial Electronic Transfer Levy, commonly called E-levy which has been pegged at 1.5 percent to 1 percent. The daily threshold will also be Read More... The post 2023 Budget: E-levy
Ghanaian Highlife musician Kwabena Kwabena has responded to Samini's criticism of the official Qatar 2022 Black Stars theme song.
Finance Minister, Ken Ofori-Atta, has indicated that the government through the Development Bank Ghana (DBG) will invest GH¢50 million in the agricultural sector as part of a broader plan to bounce the Ghanaian economy back and set it back to its pre-COVID-19 levels. “Mr. Speaker, Government through the Development Bank Ghana (DBG) has established a […] The post Gov’t
The fight came during a parliamentary debate about proposed electoral reforms.
The Minister of Finance, Ken Ofori-Atta has stated that the economic recovery of the country is largely dependent on the outcome of the Russia-Ukraine war. In his presentation of the 2023 Annual Budget Statement and Economic Policy to Parliament, Mr. Ofori-Atta said the country’s external sector performance will depend on the quick resolution of the […] The post Ghana’s
Government has announced a ban on the use of V8 and V6 vehicles by public officials effective January 2023, except for cross-country travels.
The recently-concluded COP27 was dubbed the "African COP" -- with the continent center stage in the global effort to fight the causes and effects of climate change.
Ken Ofori-Atta The Finance Minister, Ken Ofori-Atta has outlined a seven-point agenda aimed at restoring macro-economic stability and accelerating the country’s economic transformation. This agenda, according to him, is anchored Read More... The post 2023
President Nana Addo Dankwa Akufo-Addo is in Qatar to motivate Ghana’s senior national team, the Black Stars ahead of their match against Portugal later today, Thursday in the ongoing Read More... The post Akufo-Addo In Black
Samuel Eto’o’s pre-tournament favourites Cameroon kickoff their 2022 FIFA World Cup campaign with a 1-0 defeat to Switzerland.
The Accra Criminal Court 5 Division of the High Court has remanded Huang Lei, the son of Aisha Huang, to the Nsawam Medium security prison. This is pending Huang Lei’s trial for immigration offences. He stands trial together with another Chinese national, Huang Haihua for remaining in Ghana after the expiration of permits, possession of […] The post Aisha Huang’s son sent to Nsawam
Ghanaian fetish priest Nana Kwaku Bonsam has outlined several measures Coach Addo and the Ghana Football Association (GFA) must consider ahead of today's game against Portugal.
The government has revealed plans to leverage the GhanaCares Obaatanpa project to bolster the productive and export capacity of the private sector. Presenting the 2023 budget statement, Minister of Finance, Ken Ofori Atta, said the high food prices and pressures on the local currency validates the current focus of the GhanaCARES Programme to bolster the […]
The Government has announced its plans of expanding the Livelihood Empowerment Against Poverty (LEAP) programme to cover more extremely poor and vulnerable people in the country, whilst taking steps to review other social protection programmes for efficiency. Minister for Finance, Ken Ofori-Atta who announced this during the 2023 Budget Statement and Economic Policy presentation to […] The post #GhBudget:
The government has introduced measures aimed at boosting the local productive capacity of the country. This move, which forms part of the government’s seven-point agenda to restore macro-economic stability is expected to help cut down on imports and its associated pressure on the local currency. Presenting the 2023 budget statement, the Minister of Finance, Ken […]
The Finance Minister, Ken Ofori-Atta has given assurances that the country will rise again despite the current economic challenges citizens are experiencing. He said, the government has put measures in place to reset the economy, calling on Ghanaians to assist the government to bring the nation back on track. According to the embattled Finance Minister, […] The post Ghana will rise
The government has taken steps to cut expenditure in the 2023 budget statement due to the economic challenges facing the country. Presenting the budget in Parliament on Thursday November 23, the Finance Minister Ken Ofori-Atta said as a first step toward expenditure rationalisation, Government has approved a number of directives which takes effect from January, […]
Finance Minister, Ken Ofori Atta, has announced the ban on the use of V8 and V6 vehicles by government officials effective January 2023. He made the announcement on Thursday, November 24, 2022, when he presented the 2023 budget to Parliament. He said this is part of measures by the Government to manage its expenditure in […] The post No more use of V8s and V6s from 2023 – Gov’t
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