A tax and legal accountancy expert, Dr Abdallah Ali-Nakyea, has urged accountants to let their impact be felt in the implementation of government policies to ensure transparency in the management of the public purse. He said the functions of accountants must not be limited to the disbursement and receipt of funds; they must also “spearhead […]
President Nana Addo Dankwa Akufo-Addo has called on wealthy economies to re-channel a portion of their Special Drawing Rights (SDRs) sitting with the International Monetary Fund (IMF) to Africa to help fight hunger and food insecurity. It would also augment health provision in the face of the challenges caused by the COVID-19 pandemic and the […]
Celebrated Ghanaian pilot Captain Solomon Kwakye Quainoo has joined the country’s foremost indigenous aviation service provider, McDan Aviation Services, by calling on government to increase local participation in the sector. Speaking at a media engagement in Accra on Starr Chat about the local aviation industry’s condition, Capt. Quainoo said a national carrier would aid the […]
Billionaire Elon Musk on Friday said his acquisition of Twitter is temporarily on hold pending details supporting a calculation that spam or fake accounts represent less than 5% of users of the microblog. Musk was reacting to a news report about Twitter estimating that false or spam accounts represented fewer than 5% of its monetizable […]
President Nana Addo Dankwa Akufo-Addo has called for greater support for the African Development Bank (AfDB) to expand its capital base to make it the lead financing institution in funding Africa’s development. He said the bank had proven that it had deeper understanding of African issues, and therefore, must lead in financing African development ahead […]
Marwako, a fast food eatery in Accra has been trending on Twitter after several Twitter users complained of getting food poisoning after eating there. The Twitter tirade started after a user Edward Elohim posted that the fast food service had given him and several other people food poisoning. His statement has been rehashed by several […]
The Minerals Income Investment Fund (MIIF) is redesigning its strategy to list its wholly-owned subsidiary, Agyapa Royalties, on the London Stock Exchange and the Ghana Stock Exchange. The listing of Agyapa on the London Stock Exchange has been slated for the last quarter of this year. The MIIF has been adjudged the best financial institution […]
Some spare parts dealers at Abossey Okai say they will not relocate to Afienya in line with plans by the Greater Accra Regional Coordinating Council. Describing themselves as National Spare Parts Dealers Association, they argue that Afienya will not be in their interest. At a press conference in Accra Tuesday [May 10, 2022], they said […]
Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has disclosed that the Authority has secured a deal with the Bank of Ghana to give bulk oil distribution companies lower rates of dollar. Dr. Abdul-Hamid hoped the deal lead to a decline in the prices of petroleum products in the country in […]
The government has lost nearly GH¢9 billion in revenue from taxes generated on imported goods as a result of the reduction in the benchmark values in the last three years. The amount was lost between April 2019, when the implementation of the policy started, and March this year when it was reviewed. The discount policy […]
All is set for the Electronic Transactions Levy (E-Levy) to take off on Sunday, as scheduled. The Ghana Revenue Authority (GRA) and the three charging entities – banks and specialised deposit-taking institutions (DFIs), electronic money issuers (EMIs) and telecommunications companies (telcos) – have put in place the relevant systems and mechanisms to start collecting 1.5 […]
The government has cut the revenue target from the Electronic Transactions levy (E-Levy) to GH¢4.5 billion in line with developments following the proposal of the levy in November last year. The Commissioner-General of GRA, Reverend Dr Ammisshaddai Owusu-Amoah, told Graphic Online Thursday that the revision followed the reduction in the rate from 1.75 per cent […]
