The directive, the ministry said is in line with Sections 35 and 37 and the First Schedule (9) of Act 870 and aligns with the relevant sections of the Value …
Economy and Finance
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Economy and FinanceLifestyleNews
BoG tight monetary stance drops inflation
by Adnan Adamsby Adnan AdamsThe Central Bank claimed that, the sustained reduction in inflation since August 2023 can be credited to the proactive efforts and measures it took to address hyper inflationary and restore …
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Agric and EnvironmentEconomy and FinanceLifestyleNews
Local Rice Farmers record low patronage amidst influx of foreign varieties and importation restrictions
by Adnan Adamsby Adnan AdamsGhanaian rice farmer struggling with storage
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Economy and FinanceNewsPolitics
Mahama to restore Ghana’s ‘recklessly destroyed’ economy
by Adnan Adamsby Adnan AdamsThe flagbearer of the National Democratic Congress (NDC) made the commitment after he accused the current NPP-led administration for recklessly damaging Ghana’s economy that has brought untold hardship to the …
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Economy and FinanceNewsPolitics
OCC to meet on Monday over “cut-off date” for Ghana’s debt restructuring
by Adnan Adamsby Adnan AdamsA successful completion of the meeting is a key step needed by Ghana to secure its next tranche of funding from the International Monetary Fund.
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According to the Bank of Ghana, the favourable external developments and tighter monetary policy stance have resulted in a relatively stable of the Ghana cedi in the year so far.
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Economy and FinanceLifestyleMining & EnergyNews
Gold Fields sells its 45% shareholding in Asanko mines for $170m
by Adnan Adamsby Adnan AdamsThe Asanko mine is currently owned 45% each by Gold Fields and Galiano Gold, with Galiano managing the mine. The Government of Ghana holds the remaining 10%.
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Economy and FinanceLifestyleNewsTravel
Motor insurance to surge over 30% from January 2024 due to VAT
by Adnan Adamsby Adnan AdamsThe expected increase is a resultant of the 21% rise in Value Added Tax (VAT) on non-life products and a 10% increase in Motor Insurance Premiums.
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNewsReal Estate
Traders caution gov’t over drop in inflation
by Adnan Adamsby Adnan AdamsTraders caution gov’t over drop in inflation
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Economy and FinanceNewsReal EstateTechnology
UBA Ghana breaks ground for new head office building
by Adnan Adamsby Adnan AdamsThe United Bank for Africa (UBA) Ghana last week cut sod for its new state-of-the-art head office building project located at West Cantonments in Accra.