Business owners have shown some marginal confidence in the economy per the latest Barometer report by the Association of Ghana Industries (AGI). The 2017 first quarter report saw the index remain...
Finance Minister, Ken Ofori Atta has disclosed of plans to pursue institutions and companies that abuse exemptions in the country. The position has been necessitated by plans to protect the public...
District Education Director for the Assin South in the Central Region, Mrs Selly Nelly Coleman has urged government to take a second look at taxes on imported on educational materials. The taxes, she...
The new president of the Ghana Actors Guild, Samuel Fiscian has admitted that Ghanaian actors don’t pay tax. According to the former Director of ‘Chorkor Trotro’, TV series he wouldn’t oppose...
GCB Bank recorded a 31.06% dip in pre-tax profits in the first quarter of 2017 . Profit before Tax fell from GHS 126,862,000 in Q1-2016 to GHS 87,464,000 in Q1-2017. The significant fall in pre-tax...
Italy's tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to 2015. The company worked out a similar deal with the U. K. a year...
The Akufo-Addo government on March 2 presented its 2017 Budget and Economic Policy statement dubbed the Asempa Budget to the nation through Parliament. The Budget read by Finance Minister Ken Ofori...
PRO for Spare Parts Dealers Association says the ECOWAS CET will not be a barrier for the tax cuts Spare Parts dealers are optimistic the implementation of the abolished duties on imported spare...
Northern Regional Chairman of the NPP, Bugri Naabu and Minister for Gender, Otiko Djaba Madam Otiko Djaba has accused Mr Bugri Naabu, the Northern Regional Chairman of the New Patriotic Party (NPP)...
The Africa Competitiveness Report 2017, released by the World Economic Forum on Thursday, has identified corruption and lack of access to funding as major problematic factors for doing business in...
Google said Thursday that it would pay 306 million euros ($334 million) to settle a tax dispute in Italy, where it was under criminal investigation for booking profits generated in the country in...
Ghana is said to be losing about 2.1 billion dollars annually due to tax incentives and holidays alone. This is contained in a new study conducted by Tax Justice Network Africa in Ghana and two other...
Imagine what would happen if we all bought ‘Made in Ghana’. There would be more jobs, bigger and more profitable companies, more tax revenue to government and our people would enjoy a higher...
Ecobank Group has delivered a return on tangible equity of 16% on pre-tax profit of $75 million, from continued cost efficiency gains while revenue of $425 million went up 3% in constant dollars,...
President Nana Akufo-Addo has stated that, his government is already putting in place measures to help the private sector flourish. “We have taken the important steps to create an enabling...
About 50 billion dollars is said to be leaving Africa each year, according to the Thabo Mbeki led High Level Panel report on illicit financial outflows from the continent in 2015. Majority of these...
Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts...
The US economy slowed dramatically in the first three months of the year, according to official data. GDP expanded at an annual rate of 0.7% in the first quarter - the slowest rate since the first...
The quest to attract more Foreign Direct Investment (FDIs) into the economy has brought up the need for the country to build a strong capacity in negotiating contracts that will protect the local...
Financial institutions operating in the country have with immediate effect stopped charging 17.5 percent Value Added Tax (VAT) on all financial services. The decision is in pursuant to the Value...
