I was the least expected candidate – John Kumah speaks on his deputy ministerial appointment

Former Chief Executive Officer of the National Entrepreneurship and Innovation Programme [NEIP], John Kumah says upon hearing the news of his nomination as Deputy Minister-designate for Finance he was overwhelmed because he thought of himself as the least among many. According to him, the news caught him off guard not because he sees himself as […]

Government to leverage on information technology to widen tax net – Isaac Crentsil

A Technical Advisor to the Ministry of Finance, and a Former Commissioner of Customs, Isaac Crentsil, has indicated that the government of Ghana intends to widen the tax net by improving tax education, reviewing and implementing laws that tax the e-services sector as well as enforcing stiffer sanctions to non-compliant individuals or companies, and according […]

Gov’t fires PDS; suspends contract with immediate effect for fundamental breaches

Government through the ‘Ministry of Finance and the Electricity Company of Ghana (ECG) Limited has suspended the concession agreement with Power Distribution Services (PDS) Ghana Limited with immediate effect. The decision to terminate the contract with PDS according to a statement issued and signed by the Minister for Information, Kojo Oppong Nkrumah is a result […]

Gov’t fulfills $1 million per constituency promise; additional $45 million released for outstanding commitments

The Ministry of Finance (MoF) has granted letters of commencement to the three development authorities in the country to commence full implementation of the $1 million per constituency pledge under the Infrastructure for Poverty Eradication Programme (IPEP) for the 2020 fiscal year. The commencement certificate makes available, GH¢1.664 billion (equivalent of $320 millions) for the […]

14 road projects get GH¢1.56bn conditional funding approval

Finance Minister Ken Ofori-Atta has conditionally approved a multi-year funding commitment of GH¢1,560,551,812.33 for the commencement of 14 road projects. The approval will see the reconstruction, rehabilitation and upgrading of road networks spanning 381.3 kilometres across Ashanti, Brong Ahafo, Eastern and Northern regions from 2019 to 2023, to be funded through the medium-term budgetary allocation. […]

PIAC angry with Finance Ministry over inclusion of GH¢440m oil revenue in 2019 budget

The Public Interest Accountability Committee (PIAC) has faulted the Finance Ministry for including some unspent GH¢440 million from 2017 in this year’s budget expenditure. PIAC has described as misleading a claim by the Ministry that the GH¢ 440 million unspent oil revenue in 2017 is part of its GH¢ 1.5 billion budgetary expenditure for this year. In […]

GRA tightens fiscal regime for mining industry: optimistic of achieving 45 billion cedis target for 2019

The Ghana Revenue Authority (GRA) is confident of achieving its GHc45 billion tax target this year by stepping up efforts to boost revenue collection in the mining sector in what amounts to a significant tightening of the fiscal framework within which mining companies will operate henceforth. Accordingly, the Ministry of Finance and the GRA has […]

Ghana Health Service begins recruitment of Medical Doctors from Monday January 14 2019

The Ghana Health Service has served notice that it will commence the recruitment of medical officers from the 14th of January 2019. This follows clearance by Ministry of Finance for the Service to embark on the recruitment exercise. The recruitment which targets newly qualified medical doctors in particular, will end on Friday, 18th January 2019. […]