Category: FEATURES
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The Need to Pause and Rethink Tax Exemption Regime in Ghana
Ghana has been granting tax exemptions and getting virtually nothing in return. Meanwhile, higher and more taxes are imposed on citizens repeatedly. Public sector workers are asking government to pause and rethink the exemptions which are a drain on government revenue. Ghana’s low and declining tax efforts make it extremely disturbing for the country to…
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Kwabena Adu Koranteng Writes : Proliferation of Unlicensed Investment Schemes- A National Security Threat
It is interesting to note that after the emergence and collapse of the infamous MENZGOLD investments schemes, several other unlicensed investment schemes have emerged and are still mushrooming with the latest one being Sidicoin. The Bank of Ghana has sent a stern warning to the general public and registered its displeasure about the operations of…
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![How state actors can contribute to riding the extractive sector off corruption: lessons from the fight against illegal mining [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2022/05/Social-DCE-Galamsey-1.jpeg)
How state actors can contribute to riding the extractive sector off corruption: lessons from the fight against illegal mining [ARTICLE]
“Those that fail to learn from history, are doomed to repeat it.” Winston Churchill Examining the past helps shapes future. Learning from past successes and failures is key if we are to grow. The fight against irresponsible mining can be traced as far as the late 1980s immediately after the passage of the Small-Scale Mining…
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![New GNPC boss: The In Tray [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2022/04/Danquah-1.jpg)
New GNPC boss: The In Tray [ARTICLE]
The newly appointed acting Chief Executive Officer to the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, has an excellent profile which is believed more than qualify him for the job, particularly with his background as the Deputy Chief Executive (DCE) Technical Operation. However, he may be confronted with a tall list of challenges that he…
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Dr. John Kwakye writes: Menu of measures to build policy credibility to avoid going to IMF
The Ghanaian economy is facing a serious crisis brought on to a large extent by COVID-19 and recent geopolitical developments. A domestic policy credibility deficit, arising in part from the budget stalemate in Parliament over the e-levy and a rising debt level, has compounded the crisis. The crisis has led to the downgrading of Ghana…
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![Government must take a decision on rising fuel prices: Public Interest is paramount [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/10/Fuel-pump-750x375-1.jpeg)
Government must take a decision on rising fuel prices: Public Interest is paramount [ARTICLE]
It is rife for government to take a decision on fuel prices keeping in mind the interest of citizens with respect to quality of life. Over the past couple of years, prices of Gasoline, Gasoil, and Liquefied Petroleum Gas (LPG) have been subjected to constant increases at the pump, placing financial strain on consumers and…
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Ghana Chocolate and Conversations
Storytelling has been a big part of the Ghanaian culture for centuries now. In 2021 when the President of the Republic, Nana Addo Dankwa Akufo-Addo told the country about his chocolate experience during the National Chocolate Week celebrations, that singular act sparked conversations that led to a chain of storytelling about cocoa across the country.…
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Valentine’s deals that cut through the ‘noise’.
The month of love is here again and as usual, small, medium, and even large scale businesses the world over (offering both product and services) are poised to cash in on the season of love to drive sales and maximize profit. This tradition of commercializing the month of love typically comes with deals, promotions, and…
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![Social enterprise: The quiet solution to Ghana’s unemployment situation [Article]](https://citibusinessnews.com/wp-content/uploads/2022/01/social-enterprise.jpeg)
Social enterprise: The quiet solution to Ghana’s unemployment situation [Article]
Social enterprise has become a growing concept in the global world. Institutions have championed the importance of social enterprise/social entrepreneurship within a public policy context globally, nationally, regionally and locally. The aim of this brief article is to discuss the importance of social enterprise as a key problem solver in dealing with the key economic…
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![Use 2022 Budget to push development and growth of entrepreneurship in Ghana [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/11/Parliament1-750x375-1.jpg)
Use 2022 Budget to push development and growth of entrepreneurship in Ghana [ARTICLE]
Entrepreneurship has been a major contributor to the gross domestic product (GDP), employment generation and innovation in Ghana. The International Trade Center (ITC) reported in the 2016 SME Competitiveness in Ghana that small businesses represent about 85% of businesses and contribute about 70% of Ghana’s gross domestic product (GDP). The report further indicated that they…