Strict Tax Laws To Avert Revenue Loss Over Illicit Financial Flow
Tax Analyst, Abdallah Ali Nakyea is pushing for a critical review of Ghana’s tax regime to reduce the massive economic ...
Tag: International finance
Africa Loses About US$50bn Yearly Through Illicit Outflows – Vitus Azeem
The Executive Director of the Center for Budget Advocacy Ghana Mr. Vitus Azeem says Africa loses as much as 50 ...
Africa Loses About US$50bn Every Year Through Illicit Outflows – Vitus Azeem
The Executive Director of the Center for Budget Advocacy Ghana Mr. Vitus Azeem says Africa loses as much as 50 ...
Illicit Financial Flows Through Trade Fraud Cost Ghana Average 9.3% of GDP – GFI
Ghana like all developing countries is losing billions of dollars to illicit financial outflows and inflows from trade fraud, according ...
Illicit Capital Flows Hits US$3.5 Trillion In 2014-Study
Illicit capital flows into and out of developing economies ranged from $2 trillion to $3.5 trillion in 2014, with Africa ...
BoG Clarifies US$41m Bauxite Export Earnings
The Bank of Ghana (BoG) has formally responded to queries raised by the Public Accounts Committee (PAC) of Parliament regarding ...
BoG Clarifies Position On Bauxite Exports
The Central Bank has reacted to recent media reports which suggested that proceeds from Ghana’s bauxite exports in 2015 was ...
Ghana Loses $340m Annually Through Illicit Financial Flows
The Integrated Social Development Centre (ISODEC) has revealed that, Ghana loses 340 dollars annually, due to Illicit Financial Flows (IFFs). ...
Let’s Be Circumspect In Discussing $2bn Bond — FirstBanc MD
The Managing Director of FirstBanC Financial Services, Mr Amenyo Setordzie, has asked for circumspection on the discussion around the US$2.25 ...
IMF Meeting Drops Anti-Protectionism Pledge
Global finance leaders from the IMF and World Bank have dropped a pledge to fight trade protectionism from the closing ...
IMF Warns Against Protectionism, But Strikes Word From Statement
With fears rising that the Trump administration will follow through on its threats to raise trade barriers, world finance ministers ...
G20 ‘consensus’ That Protectionism Damaging For Global Economy
The Group of 20 major economies sent a message Friday on the threat that rising protectionism poses to the global ...
Bond Sale Sparks Fears of Exchange Rate Shocks
Concerns over the huge foreign dominance in the country’s recent uptake of $2.25 billion in offshore bond transaction have sparked ...
Government Begins Roadshow To Consolidate Investor Confidence In Economy
Government has started engaging investors outside the country to try and address any concerns they have with the Ghanaian economy. ...
Large US Firms Stashed $1.6 Trillion In Tax Havens
The 50 largest US companies, including Apple, Microsoft and Wal-Mart, are parking about $1.6 trillion in offshore tax havens to ...
Ghana’s Trade Account Improves – Bank of Ghana
The Bank of Ghana says the country’s trade account has improved, citing provisional data on the trade account during the ...
Sadly, the 2017 Budget Didn’t Mention Galamsey Even Once!
The 2017 budget statement read to Parliament by Mr Ken Ofori Atta on 02 March 2017 was a very competent ...
An Imminent Financial Peril??
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” ...
Cedi Slide Amidst Polls Uncertainty
The local currency has come under intense pressure in the run-up to the elections, recording about 0.13 percent fall since ...
Ghana’s Coupon Rate On Eurobond Too High
A chartered economic policy analyst, Dr Williams Abayaawien Atulik, has expressed concern about the coupon rate on the Eurobonds issued ...