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Tuesday, January 31, 2023

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Government finally makes progress on Debt Exchange Program

Policy Rate increased by 100 basis points; now at 28%

Africa loses $88bn annually through illicit financial flows – Akufo-Addo

AMA to roll out digital revenue collection system in March 2023

We will not layoff Vodafone staff – Telecel

Petrol to sell for GHS15 in February – IES

$130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

Ghana’s public debt stock hits ¢575.7bn in November 2022; more than 90% of GDP – BoG

Govt strikes deal with Insurance Association on debt exchange programme
Business
$130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

Government and Association of Banks reach agreement on DDEP

DDE: Banks secure 5% coupon for 2023; other revisions

Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

Banks seek shorter maturities in local debt-swap deal

Zenith Bank ceases trustee services in unit trust schemes in Ghana

Gold for oil policy will reduce pressure on forex – Bawumia

Ghana best place for business – Nana Addo woos UAE investors
TECHNOLOGY

MTN to fight $773m tax bill from government

Telcos to implement 1% E-Levy charge from today

Huawei Equips 500 Traders in FinTech

Africans urged to bolster adoption of Bitcoins

What does 2023 hold? Predictions in payments for the year ahead for Africa

Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

E-commerce in Ghana – statistics & facts

Telcos ready to begin deactivating unregistered SIMs – Chamber of Telecommunications

Malagasy delegation completes tour of Ghanaian Fintechs and MFIs
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$130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

Nigeria’s national debt hits an all time as the country struggles with repayment

What does 2023 hold? Predictions in payments for the year ahead for Africa

Nigeria set to stop importation of refined oil and refine its own oil by 2023

EIU analysts forecast grim economic outlook for Africa in 2023

AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns
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Tax

Over-concentration on consumption taxes hurting our revenue mobilization drive – Tax analyst

Stakeholders call for increased transparency in how E-Levy funds are used

Use Mid-Year budget review to reduce E-Levy rate – Prof. Quartey

E-Levy won’t be terminated because of IMF bailout – Gov’t assures

Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

Banking And Finance

Vendors bemoan negative impact of E-Levy after 1st month of implementation

Telecommunications

SIM cards and devices of E-Levy fraudsters will be blocked – Telcos Chamber

Banking And Finance

GRA assures of robust system to keep records on all E-Levy deductions

Local Economy

GRA to address issues associated with E-Levy implementation on Thursday

Banking And Finance

Momo Agents Assoc. warns of crisis if education on E-Levy isn’t improved

Top Stories

Telcos Chamber wants E-levy law reviewed to exclude salary payments via MoMo

Banking And Finance

We’re working to ensure successful implementation of E-levy – Telcos Chamber

Banking And Finance

Delay in passing E-Levy likely to affect GHC 6.9 billion target – Ofori-Atta

Banking And Finance

Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

Government

Gov’t could struggle later if revenue measures aren’t supported – John Kumah

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© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.