Ghana goes online with tax returns filing
Ghana has joined the league of nations that allow their citizens to file their tax returns online following the launch in Accra of the Ghana Revenue Authority’s Integrated Tax Application Preparation System (iTaPS) on Friday, April 5, 2019. The development and launch of the application comes a year after the Vice President Dr. Mahamudu Bawumia, […]
Ex-EC Boss, Justice Kingsley-Nyinah laid to rest
Burial and Memorial Service has been held in Accra, for a retired Appeal Court Judge, Justice Joseph Kingsley-Nyinah who was also a former head of the Electoral Commission. He died on February 18 this year at age 96. In a sermon, the Methodist Bishop of Accra, Rt. Rev. Samuel Osabutey asked Ghanaians, especially, Christians to […]
Effutu MP makes case for local printing companies
The Member of Parliament for Effutu, has called on the Minister of Trade and Industry, and other stakeholders to make sure that local Pharmaceutical Companies which are permitted to produce some selected drugs in Ghana to also print labels locally too, to grow the economy. The MP, Alexander Afenyo-Markin has welcomed the idea which has […]
Adopt recommendations of IMF -NDC tells gov't
The opposition National Democratic Congress (NDC) has called on government to adopt the recommendations of the International Monetary Fund, (IMF), in order to save Ghana’s economy. This according to the NDC, is because Ghana exited the IMF programme without achieving its objective of restoring debt sustainability and microeconomic stability. Speaking at the NDC public lecture […]
GCB Bank records GH¢323million profit
GCB Bank Limited, last year, recorded a net profit of GH¢323.13 million, thus posting a significantly improved bottom line. This translates into growth of GH¢ 110.42 million over the GH¢212.72 million recorded in the 2017 financial year. A statement issued by the Corporate Affairs Department of the Bank, and copied to the Ghana News Agency, […]
Former EC Boss, Kingsley-Nyinah goes homes today
Burial and Thanksgiving and Farewell Service for the Retired Appeal Court Judge and Former Electoral Commissioner of Ghana, Justice Joseph Kwame Kingsley-Nyinah takes place this morning at the Fore Court of the State House at 9am. He died February 18, 2019, at age 97. In a statement, the family spokesperson, Mrs. Marina Kingsley Nyinah, described […]
Customs implements gov't directive on import duty reduction
The Customs Division of the Ghana Revenue Authority on Thursday begun implementing government’s directive to reduce import duties at Ghana’s designated ports. Vice President Mohamudu Bawumia announced the government’s directive at a town hall meeting organized by the Economic management team. The benchmark values of all imports attracted a 50 per cent reduction but thirty […]
Gov't reduces benchmark port values by 50%
Government has announced an immediate, drastic reduction in the benchmark values against which duties paid by importers at Ghana’s ports are calculated. Starting from Thursday, April 4th, 2019, the benchmark or delivery values of imports, with the exception of vehicles, have been reduced by 50 percent, while that for vehicles will be reduced by 30% […]
Take advantage of Ghana-Oracle partnership to innovate – Veep Dr. Bawumia to Youth
The Vice President, Dr. Mahamudu Bawumia, has challenged Ghana’s youth to take advantage of the various partnerships, policies and programmes being implemented by Government to innovate and make technology an integral part of Ghanaian society. For Vice President Bawumia, Government’s focus on building a technologically adept society, leading to the decision by several global players […]
Righting fundamentals of the economy can’t be taken for granted – EMT
The Government’s Economic Management Team (EMT) Wednesday defended its pursuit of macro-economic stability, which is posting positive results, saying it holds the key to an industrial revolution, sustainable jobs and making things better for the poor. Addressing the maiden Town Hall Meeting, in Accra, members of the Team, chaired by Vice President Mahamudu, rejected the […]
Ghana to save $300 million annually for generating electricity with gas
Vice President Dr. Mahamudu Bawumia on Wednesday said Ghana would save 300 million dollars annually upon the successful completion of the reverse flow of natural gas from the Aboadze Power enclave to Tema for power generation. The move, he said, would make the country self-sufficient in using gas for electricity generation and minimise the importation […]
'A Solid Foundation is being laid; Ghana’s Future is Bright' – Veep Dr. Bawumia
The Vice President, Dr. Mahamudu Bawumia, has assured the nation that, the strong macro and microeconomic fundamentals arising from innovative policies and programmes implemented over the last two years have placed Ghana in a strong economic position and made the future very promising. The Nana Akufo-Addo government, according to Vice President Bawumia, has undertaken major […]
Veep Dr. Bawumia rejects claims BoG injected $800 million Cedi to save Cedi depreciating
Vice President Dr. Mahamudu Bawumia says the Bank of Ghana (BoG) did not spend any reserves to revive the cedi following the initial depreciation. He dispelled rumours that the BoG injected about $800 million into the company to save the depreciating cedi. According to Dr. Bawumia, the continuous cedi depreciation at the end of March […]
The indicators show we’re doing better – Veep Dr. Bawumia
Vice President Dr. Mahamudu Bawumia, addressing a Town Hall on the economy, Wednesday, said virtually all the economic indicators are posting positive results – a stable macro-economic environment to support an inclusive transformation agenda to ensure social equity. The performance of the fundamentals, including the inflation rate, gross debts, Gross Domestic Product (GDP) growth, he […]
