Author: Emmanuel Oppong
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Ministry of Finance urges businesses to be tax compliant
A Deputy Minister of Finance, Abena Osei Asare has reiterated calls for businesses and individuals to be tax compliant . She explains that domestic revenue mobilization has become critical given the current economic position of the country. Speaking at the Launch of the National Public Financial Management (PFM) organized by the Institute of Chartered Accountants…
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Leverage Afreximbank to boost regional trade – Amin Adam
Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam is urging African leaders to leverage on the network of resources provided by the Afreximbank to strengthen its regional trade. According to the Minister, the low trade volumes of the sub-region could witness a transformation if efforts are made in accelerating access to market…
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Africa risks losing 500bn barrels of crude over int’l pressures – Dr. Amin Adam
The Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has indicated that over 500 billion barrels of crude oil will be left untapped in Africa following growing concerns from international communities to ensure a sustainable climate. This development, he believes will mitigate the growth of the African continent. He further explains that…
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Propak Ghana 2023 inaugural ceremony slated for June 6-8 at AICC
As part of strategies to meet the demands of companies and individuals in the manufacturing industry, Propak Ghana is scheduled to have its inaugural ceremony in Accra from June 6-8, 2023, at the Accra International Conference Centre (AICC). The event promises to offer a platform for trading, business networking, learning and product sourcing. It is…
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80% of peasant farmers want Planting for Food and Jobs programme reviewed
About 80 percent of farmers across nine out of the 16 regions of Ghana are demanding the modification of government’s Planting for Food and Jobs (PFJ) initiative. This is the key highlight of findings by the Peasant Farmers Association Ghana after an assessment of the PFJ during the 2022 planting season. The farmers argue that…
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Withdrawal of growth and sustainability levy in 2025 unlikely – Tax analyst
Tax Analyst, Francis Timore Boi has indicated that government is unlikely to withdraw the Growth and Sustainability Levy after 2025 as promised. Parliament on March 31 passed the three tax bills including the Growth and Sustainability Levy. President Akufo- Addo has since assented the bills into law. Many in the business community including the Ghana…
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Aggrieved Gold Coast customers threaten to resume picketing over unpaid funds
Following the expiration of a week ultimatum given to authorities, aggrieved customers of the defunct Gold Coast Fund Management Company have threatened to resume picketing at the Securities and Exchange Commission (SEC) in demand for their locked-up funds. The customers, who operate under the name BlackShield Capital Limited, claim that they have not received any…
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Unilever Ghana pledges sustainable employment opportunities for youth
George Owusu Ansah, the Managing Director of Unilever Ghana Plc, has expressed the company’s commitment to support national development by creating sustainable employment opportunities. He believes that a well-resourced and vibrant young population is essential for driving national transformation. During a media engagement event in Accra, Owusu-Ansah reaffirmed Unilever Ghana’s pledge to produce consumer-friendly products.…
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Businesses to embrace integrated financial reports to ensure sustainability
The Association of Chartered Accountants, ACCA, is urging players within the space and organizations to embrace integrated financial reporting to enable stakeholders make informed decisions which are geared towards sustainable economic growth. According to the Association, integrated financial reporting will also help them offer innovative solutions to the ever dynamic needs of clients. These comments…
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Inflation falls for fourth consecutive time, now at 41.2%
Inflation has dropped to 41.2 percent for the month of April 2023. This represents a 3.8 percentage point decrease from the 45.0 percent recorded in March 2023. This was captured in the Consumer Price Index (CPI) data released by the Ghana Statistical Service (GSS) on Wednesday, May 10, 2023. Per the data, food inflation also…