Category: Featured
-
GRA fights off claims of harassing traders; calls for cooperation
The Ghana Revenue Authority (GRA) has appealed to the business community to collaborate with its taskforce as the Authority moves to engage leadership of traders to address concerns over the collection of taxes. This comes on the back of a warning by the Ghana Union of Traders Association (GUTA), against the GRA over allegations of…
-
Global finance must transform to address Africa’s climate challenge – Ofori-Atta urges
Minister for Finance, Ken Ofori-Atta, has made a clarion call to action urging the global financial community to undergo a profound transformation to confront the pressing climate crisis affecting Africa. Mr. Ofori-Atta emphasized the critical need for increased financing to support Africa’s adaptation and mitigation efforts in the face of climate change. “Africa is at…
-
Citi Business Olympics allows top-tier networking among corporate organisations – Papaye
Ivy Eva Yankah, the General Manager of Papaye, has highlighted the significance of Citi TV and Citi FM’s Business Olympics in fostering high-level networking opportunities among corporate organizations in Ghana. During an interview with Frema Adunyame on Citi TV’s Breakfast Daily, she emphasized the value of the event in bringing together professionals from diverse corporate…
-
Ofori-Atta commends G20 for AU’s inclusion, urges common voice
The Minister for Finance, Ken Ofori-Atta says Africa now has the opportunity to contribute to key global issues and push for common interests that would help accelerate economic development in the region. Mr. Ofori-Atta’s optimism follows the recent inclusion of the African Union in the Group of 20 most important industrialized and developing economies, also…
-
EOCO, WHO to tackle illicit tobacco trade
The Executive Director of the Economic and Organized Crime Office (EOCO) COP Maame Yaa Tiwaa Addo-Danquah (Mrs) has reiterated the commitment of her outfit to working with other bodies to ensure that laws governing the tobacco trade are complied with to the letter. She noted that the illicit tobacco trade poses a challenge as other…
-
No more harassment of our members – GUTA warns GRA
The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has warned the Ghana Revenue Authority (GRA) against using intimidating tactics to implement the Upfront Payment of the Value Added Tax (VAT). Addressing the media in Accra on Wednesday, Dr. Obeng said GUTA members will no longer tolerate the GRA’s “Rambo style”…
-
GCB Capital projects retention of 30% policy rate till end of 2023
Ahead of the announcement of a new policy rate on Monday, financial actors are anticipating a stay in the figure. This they believe will further bolster the disinflation trajectory of the economy. It comes as the Monetary Policy Committee (MPC) of the Central Bank has initiated its routine meetings to assess the state of the…
-
Ghana’s economy grows by 3.2% in quarter two of 2023
The economy of Ghana saw a 3.2% growth in the second quarter of 2023 according to provisional data from the Ghana Statistical Service (GSS). When seasonally adjusted, the real GDP increased by 0.7 percent in the second quarter of 2023, a 0.1 percentage point lower than what was recorded in the first quarter of 2022.…
-
Rate for PPI falls to 28.3 % in August 2023
Recent data from the Ghana Statistical Service (GSS), show that the Producer Price Inflation (PPI) for the month of August 2023 fell marginally to 28.3% from the 32.9% recorded in July 2023. This represents a 4.6 percentage point decrease in producer inflation relative to the rate recorded in July 2023 PPI is the average price…
-
BoG advised me to streamline Menzgold operations – NAM 1
Nana Appiah Mensah, the founder of the defunct Menzgold company, who is on trial for allegedly defrauding over 16,000 people of GH¢1.6 billion, has denied circumventing the laws of Ghana to operate an illegal gold deposit-taking business. His lawyer, Kwame Akuffo, told the High Court on Tuesday, September 19, that Appiah Mensah popularly known as…