Ministerial Reshuffle: Ofori-Atta elevated to a rather sumptuous ‘mafia don’ role – Franklin Cudjoe

Many Ghanaians appear to have welcomed the removal of the Finance Minister, Ken Ofori-Atta, after President Akufo-Addo’s reshuffle. The embattled Minister, whose head had been demanded by both the majority and minority legislators for his mishandling of the economy, was relieved of his duties in Wednesday’s shake-up. While news of this settles, IMANI Africa’s Franklin […]

If Ofori-Atta resigns as Finance Minister, Ghana will be peaceful – Atta Akyea

Member of Parliament for Akim Abuakwa South, Samuel Atta Akyea, has expressed the belief that the resignation of Finance Minister Ken Ofori-Atta would bring peace to the country. Atta-Akyea underscored the need for self-reflection on Ofori-Atta’s part, urging him to consider stepping down for his personal well-being and the overall benefit of the ruling New […]

It’ll be an exercise in futility if tariff increase won’t resolve ECG’s debt accumulation – Kodzo Yaotse

The Policy Lead for Petroleum and Conventional Energy at the Africa Centre for Energy Policy (ACEP), Kodzo Yaotse, has joined calls for the Value Added Tax (VAT) on electricity to be scrapped. The government in its instruction to the Ghana Revenue Authority (GRA) tasked it to collaborate with the Electricity Company of Ghana (ECG) and […]

Government reopens invitation for ESLA, Daakye Trust bondholders in Domestic Debt Exchange Programme

The Ghanaian government has extended fresh invitations to bondholders of E.S.L.A. Plc and Daakye Trust Plc, encouraging them to engage in the domestic debt exchange programme by trading their existing holdings for a new package. A press release issued on September 13 by the Ministry of Finance called upon holders of domestic notes and bonds […]

Parliament passes 3 revenue bills

Parliament has approved three major tax bills targeted at bolstering the sustainable generation of domestic revenue for the country. The bills are the Excise Duty and Excise Tax Stamp (Amendment) Bill, 2022, the Income Tax (Amendment) (No. 2) Bill, 2022, and the Growth and Sustainability Levy Bill, 2022. The trio, which were passed under certificates […]

China pledges support for Ghana’s debt treatment

Chinese authorities have expressed their commitment to support Ghana to resolve the current short-term liquidity challenges. China will also continue to support Ghana’s medium and long-term developmental aspirations. “China believes in promoting debt sustainability and sustainable development,” the Chinese Minister of Finance, Liu Kun, said. He gave the assurance when the Minister of Finance, Ken […]

Ghana Card guarantees voter integrity in continuous voter registration exercise – EC Chair Jean Mensa

The Chairperson of the Electoral Commission (EC), Jean Mensa, has told Parliament that the use of the Ghana Card as the sole identification document for continuous voters’ registration will guarantee the credibility and integrity of the country’s voter register and aid elections as a whole. For the part of the Executive Secretary of the National […]