The GRA back tax conundrum and its impact on foreign direct investments

February 28, 2023 Ghana is in dire need of unconditioned revenue to keep its economy afloat and tax income is its surest bet. As talks with the International Monetary Fund drags, the state tax collector...

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February 28, 2023 / Comments (0)

Cost optimisation and improving liquidity should be a priority – KPMG to businesses

February 28, 2023 Accounting and auditing firm, KPMG, is advising businesses to prioritise cost optimisation and improving liquidity in this era of changing world. In a paper titled: “Staying Resilient”...

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February 28, 2023 / Comments (0)

Government postpones meeting with China on debt cancellation to March 2023

February 23, 2023 Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023. This is owing to the upcoming National...

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February 23, 2023 / Comments (0)

Bond market: Turnover declines 80.3% to ¢135.63m

February 23, 2023 Market activity on the bond market declined sharply as total turnover plummeted 80.3% to ¢135.63 million. This is coming after the government concluded the Domestic Debt Exchange Programme...

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February 23, 2023 / Comments (0)

Development partners key contributors to Ghana’s growth agenda – Ofori-Atta to German delegation

February 23, 2023 The Minister of Finance, Ken Ofori-Atta, has held bilateral talks with the German Federal Minister for Economic Cooperation and Development (BMZ), Svenja Schulze, focusing on economic...

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February 23, 2023 / Comments (0)

Producer inflation falls marginally to 52.1% in January 2023

February 22, 2023 The Producer Price Inflation (PPI) for January 2023 fell marginally to 52.1%, from 52.2% recorded in December 2022. According to data from the Ghana Statistical Service, the Mining and...

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February 22, 2023 / Comments (0)

Cedi lost 3.14% value to dollar last week; near-term outlook uncertain

February 21, 2023 The Ghana cedi lost about 3.14% value to the US dollar last week as the renewed depreciatory pressures set in. It started the week at about ¢12.50 to the American greenback, but ended the...

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February 21, 2023 / Comments (0)

Bond market: Market turnover rises 93.5% to ¢1.33bn

February 21, 2023 Market activity on the bond market rebounded sharply, as total volumes of Government  bonds increased by 93.5% week as the government concluded the Domestic Debt Exchange Programme....

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February 21, 2023 / Comments (0)

Fitch downgrades Ghana again to ‘Restricted Default’ after failing to pay $40.6m coupon

February 21, 2023 Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after the country missed the...

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February 21, 2023 / Comments (0)

Silver Star Auto continues to expand its offering in the automotive sector

February 20, 2023 Award-winning Ghanaian automobile dealer, Silver Star Auto Ltd has expanded its line of products to give consumers more options for the different segments in the automobile industry. With...

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February 20, 2023 / Comments (0)