Category: Government
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IMANI dares Trade Minister to speak on UNI-PASS single window system
As the Customs Division of the Ghana Revenue Authority, GRA, continues to defend government’s expected introduction of the UNI-PASS single window system, IMANI Ghana is calling on the Minister of Trade and Industry, Alan Kyerematen, to make his position known on the matter. Ahead of the piloting of the new system at the Takoradi Port…
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Auction proceeds won’t be enough to pay us – Depositors of collapsed financial firms
Some depositors of the collapsed savings and loans companies, microfinance firms and finance houses say they may not receive all their locked up funds through the auctioning of used cars and other assets belonging to the defunct financial institutions. The depositors are of the view that that the proceeds from the exercise may not be…
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Gov’t urged to implement public sector reforms to boost customer confidence
Customer Service Practitioner, Yvonne Ohui McCarthy, wants government to expedite the implementation of the Public Sector Reform Strategy if public companies are to win the confidence of customers. It follows the 2019 Customer Service Index which saw the public sector placing bottom for the second consecutive time, out of nine sectors surveyed. Though the researchers…
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Moody’s revises Ghana’s economic outlook rating to positive from stable
International Credit Ratings Agency, Moody’s has revised Ghana’s economic outlook ratings from stable to positive. Moody’s also affirmed the country’s long-term issuer and senior unsecured bond ratings at B3. Moody’s in a statement explained that its decision to assign a positive outlook stems from its rising confidence that the country’s institutions and policy settings will…
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Cleanup of financial sector responsible for current economic stability–BoG
The Bank of Ghana (BoG) says the current financial stability being experienced in the country is as a result of the prudent way it undertook the financial sector clean. Between 2017 and 2019, the central bank embarked on an exercise that saw over 420 financial institutions including banks, microfinance companies, as well as savings and…
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PEF urges payment of locked up funds after assurance from Prez Akufo Addo
Chief Executive Officer of the Private Enterprise Federation, Nana Osei Bonsu has charged President Akuffo Addo to follow up with the assurance of ensuring the central bank settles businesses who have their monies locked up in collapsed financial institutions. He says the government must, as a matter of priority, ensure locked up cash is within…
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Statistical Service fears 2020 census could be delayed over on-field challenges
The Ghana Statistical Service says there is a possibility that the 2020 population and housing census scheduled to start in March could be delayed if some existing on-field challenges are not resolved. Speaking on the upcoming exercise, Government Statistician, Professor Samuel Kobina Annim noted that while he is confident funds will be released for the…
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Ghana’s property tax must be reviewed to generate more revenue – Millennium Properties CEO
The Chief Executive Officer of Millennium Properties Limited, Peter Atsu Tsikata, is calling for reform of Ghana’s property tax rate to help rake in the needed revenue for the state. He says the current regime where owners of multi-million dollar properties in the country are made to pay property tax of about GHS 2, 000…
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Four NIA officials in Ashanti region arrested over malpractices
Some four officials of the National Identification Authority and another person have been arrested by the Ghana Police Service for engaging in a number of malpractices in the mass registration exercise in the Ashanti region. A statement issued by the NIA said the arrests, which occurred between 3rd and 6th January 2020, were the result…
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Seth Terkper writes: Reading IMF “between the lines” on holidays
Introduction The 2020 new year holidays have come and gone and, despite assurances of an “exit” from the Institution a few months back, the most significant market and fiscal developments relate to the International Monetary Fund (IMF) post-Budget Statement. IMF Article IV: based on “headline” scores, the view was bullish in some official and unofficial…