Failure to disclose taxable income abroad to attract sanction – GRA

February 14, 2024 Ghanaians who fail to disclose their sources of taxable income overseas risk being penalized by the Ghana Revenue Authority. This was disclosed by the Commissioner of Domestic Tax Revenue...

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February 14, 2024 / Comments (0)

Inflation jumps to 23.5% in January 2024

February 14, 2024 Ghana’s inflation witnessed a marginal uptick from 23.2 to 23.5 percent for January 2024. This marks a reversal of the consecutive declines recorded between July and December 2023. This...

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February 14, 2024 / Comments (0)

Ghana’s fiscal deficit to narrow to 4.5% of GDP in 2024; GH¢55.93bn to be spent on interest  payments

February 5, 2024 Ghana’s fiscal deficit to Gross Domestic Product (GDP) ratio is expected to narrow to 4.5% ± 50 basis points in 2024, Databank Research has disclosed. This is due to interest savings...

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February 5, 2024 / Comments (0)

Independent Tax Appeals Board to begin work by quarter one, 2024 – GRA Boss

February 5, 2024 The Independent Tax Appeals Board is set to commence work by the first quarter of 2024 as all documentation and recommendations from the Attorney General have been received. This is an...

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February 5, 2024 / Comments (0)

Commodity prices to broadly stabilise in 2024, but cocoa, coffee prices to increase – EIU

January 31, 2024 After three years of extreme volatility, commodities prices are set to broadly stabilise in 2024. According to the Economist Intelligence Unit Commodities Outlook 2024, this apparent stasis...

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January 31, 2024 / Comments (0)

Petrol, Diesel and LPG prices to go up marginally from February 1, 2024

January 31, 2024 Fuel prices are expected to go up marginally, beginning tomorrow February 1, 2024, the Institute for Energy Securities has stated. This is due to a marginal increase in the price of...

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January 31, 2024 / Comments (0)

Inflation to average 18% in 2024 – Fitch Solution

January 31, 2024 Inflation will ease throughout 2024 averaging 18% in 2024, Fitch Solutions has predicted. It insists the easing inflation will force the Bank of Ghana to cut the policy rate by 800 basis...

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January 31, 2024 / Comments (0)

Ghana’s economy not yet there but on the right path – IMF

January 31, 2024 The International Monetary Fund’s (IMF) resident representative in Ghana, Dr. Leandro Medina, has lauded the nation’s concerted efforts to achieve economic stability, affirming that...

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January 31, 2024 / Comments (0)

Bond market: Turnover increased 30.54% week-on-week to GH¢1.62bn,

January 31, 2024 Trading activity in the secondary bond market improved last week as investors exchanged GH¢1.62 billion. This reflected a week-on-week increase of 30.54%. Notably, the trades recorded were...

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January 31, 2024 / Comments (0)

Ghana: Transforming a crisis into a journey toward prosperity

January 29, 2024 When Ghana requested an International Monetary Fund-supported programme in July 2022, the country was dealing with an economic and financial crisis that was the outcome of pre-existing...

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January 29, 2024 / Comments (0)