Mid-year budget review: Tax net needs widening, not deepening – Economist

July 9, 2018 A major issue that the mid-year budget must seek to address is to focus on increasing revenue, and this must not be done by increasing the rate of taxation as government has hinted it will,...

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July 9, 2018 / Comments (0)

Banks must cough up extra GH¢3bn …to meet Basel requirements

July 9, 2018 Even as banks race to meet the central bank’s GH¢400million minimum capital requirement, they will have to work concurrently on meeting the stringent Basel regulatory framework – being...

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July 9, 2018 / Comments (0)

Deficit to be capped at 5% of GDP from 2019

July 9, 2018 Government’s budget deficit will be capped at 5 percent of GDP from 2019 as part of measures aimed at preventing fiscal slippages, Vice President Dr. Mahamudu Bawumia has revealed. He...

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July 9, 2018 / Comments (0)

Cedi woes resurfaces

July 5, 2018 Despite a strong start to the year, the local currency has come under intense pressure from the US dollar resurrecting the woes of the cedi against its major trading partners. Data from the...

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July 5, 2018 / Comments (0)

GSE faces GH¢4.7bn capital hurdle as MTN, banks scramble for same funds

July 3, 2018 Telecom operator, MTN, and four banks are putting the Ghana Stock Exchange (GSE) to a historic test by seeking to raise a combined amount of GH¢4.67 billion on the market in a space of six...

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July 3, 2018 / Comments (0)

Kasapreko builds fire station for communities along Spintex Road

July 3, 2018 The Kasapreko Company Limited has built a fire station on the Spintex Road in Accra to help serve the fire-safety needs of some of the communities along the corridor. The facility is fitted...

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July 3, 2018 / Comments (0)

Gov’t plans GH¢300m monthly debt issuances for pension funds

July 3, 2018 To ensure that pension funds are used efficiently to address the country’s housing delivery and infrastructure needs, government is planning reforms that will allow banks to issue...

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July 3, 2018 / Comments (0)

Savings & loans industry under capitalised — BoG

July 3, 2018 Only eight out of the 37 companies operating in the savings and loans industry have paid up capital above the minimum amount of GH¢15 million, the Bank of Ghana (BoG) has said. The quality...

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July 3, 2018 / Comments (0)

Don’t exit IMF completely – Seth Terkper

July 3, 2018 Former Finance Minister Seth Terkper has made a strong case for government not to completely exit the International Monetary Fund (IMF) programme, as it could lead to overspending in...

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July 3, 2018 / Comments (0)

IMF Staff concludes visit to Ghana

June 28, 2018 A team from the International Monetary Fund (IMF), led by Annalisa Fedelino, visited Accra from June 20-26, 2018, to discuss recent economic developments and the outlook for the remainder...

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June 28, 2018 / Comments (0)