‘You Are Different From Bawumia’
The Minority in Parliament has lauded the performance of Finance Minister Ken Ofori-Atta in the presentation of Thursdays 2017 budget, describing it as propaganda free. Minority leader Haruna Iddrisu...
Tag: economy
How Ghanaians Reacted To Akufo-Addo’s Tax Cuts
Thursday March 2 is a day many in Ghana will remember for a long time to come. It was the day the country's Finance Minister, Kenneth Ofori-Atta, presented the Akufo-Addo-led administration's first...
Betrayal of Trust Caused ECOWAS Parliament Fiasco – Majority Leader
Majority Leader, Osei Kyei Mensah-Bonsu, has described Ghana’s recent ECOWAS Parliament fiasco as an act borne out of betrayal of trust. Ghana’s delegation to the ECOWAS Parliament, was left...
Comcast’s NBCU Discloses $500 Mn Stake In Snap
Comcast Corp's NBCUniversal on Friday disclosed it has taken a $500 million stake in Snap, the messaging service which launched its big public offering this week. "This is a significant milestone in...
Spare Parts Dealers To Cut Prices
Spare parts dealers at Abossey Okai in Accra have pledged to reduce the prices of their goods owing to the removal of taxes on the importation of automobile spare parts into Ghana. Minister of...
Tigo, Airtel Merge
Operators of Tigo and Airtel Friday announced that they have, through their respective subsidiaries, entered into an agreement to combine their operations in Ghana. As per the agreement, Millicom...
Government Scraps 11 ‘Nuisance’ Taxes
Government yesterday announced in Parliament that it has abolished some 11 taxes it termed ‘nuisance’ taxes and reviewed four other taxes, which were negatively affecting businesses in the...
Airtel, Tigo Sign Agreement To Seal Merger
Telecom operators, Airtel Ghana and Tigo, have signed an agreement to seal their merger. The two companies, Millicom International Cellular SA , and Bharti Airtel, commenced talks in 2016, but...
CEPS Officers Sue GRA Over Dues
Eight officers of the Customs Division of the Ghana Revenue Authority (GRA) have hauled the Authority before an Accra High Court over trade union dues. The applicants, who filed the suit on behalf of...
Dangote’s Production Levels To Stop Nigeria From Importing Cement
Following continuous increase in its production capacity, foremost cement manufacturer, Dangote Cement Plc, has finally ended the era of Nigeria’s dependence on importation as the company exports...
Global Stocks Off Highs, Dollar Edges Lower As Fed Rate Rise Looms
The dollar retreated on Friday after two days of gains while world stocks pulled further back from all-time highs as investors unwound positions on growing expectations that the U. S. Federal Reserve...
Electricity VAT Must Go
Although the government of Ghana has scrapped some taxes and reduced others as a way of bringing down the cost of doing business, it is quite surprising that there was not a mention of the removal of...
‘Asempa’ Budget ‘shallow’, A Run-Away-From-Reality
Former Deputy Finance minister Mona Quartey has predicted the Akufo-Addo government will backtrack on its economic expectations when it realises that its 2017 budget presented last Thursday is not...
Textile Workers Hit the Streets Next Week Over ‘deceptive’ Budget
The Textile and Garment Workers Union of the Ghana Trades Union Congress (TUC) is set to demonstrate on 9th March, 2017 against the government on the 2017 budget presented by the Finance Minister,...
VAT Removal Will Revamp Domestic Aviation Industry – Players
The domestic aviation industry has welcomed the removal of the 17.5% tax on domestic airline tickets. Chief Operations Officer (COO) at Africa World Airlines (AWA), Captain Samuel Thompson, said the...
Shared Bikes Grind Shanghai’s Gears
Shanghai has impounded thousands of brightly coloured bikes placed on city streets by cycle-sharing companies, in the latest sign of impatience with an explosion of the haphazardly-parked...
Ghana Bags US$207m From Oil, 29% Dip
Ghana made US$207.79 million (GH?811.68 million) from oil liftings in 2016, Finance Minister Ken Ofori-Atta has said in the Akufo-Addo government’s maiden budget statement delivered to parliament...
2017 Budget Brings Huge Relief To Spare Parts Dealers, Kayayei
AUTO (spare) parts dealers across the country will soon heave a sigh of relief after the announcement by the Minister of Finance, Ken Ofori-Atta, of government’s decision to abolish import duties...
Populist and 419 Budget Is A Jeopardy For the Medium Term
A former Deputy Finance Minister under the Mahama led administration, Ato Forson has predicted doom for the country following the presentation of the 2017 budget statement by sector Minister, Ken...
IMANI’s Quick Picks From Ghana’s Post 2016 Election Budget
Yesterday, Ghana’s Finance Minister, Mr. Ken Ofori- Atta presented his maiden budget to Parliament. The minister christened his budget ‘’ Asempa Budget’’ in the Twi language, loosely...