NEWS

A Financial Analyst and Chief Operations Officer at the Dalex Finance, Mr Joe Jackson, has said the government needs to increase the tax revenue. Mr Jackson said the introduction of the E-levy is meant to generate revenue for government expenditure as part of the move to widen the tax net. “Ghana is still broke! We spend 50% of revenue on ...

The success of the growing strategic partnership between the governments and peoples of Ghana and Guyana would hinge, to a very large extent, on the productive participation of the private sector, Ghana’s Vice-President, Dr Mahamudu Bawumia, has stated. Addressing a joint consultation meeting between government officials, captains of industry and other private sector players from Ghana and Guyana in Georgetown, ...

Universal basic income (UBI) is when an entity, like an NGO, Government or other institution, provides a set amount of money to all of its beneficiaries irrespective of their wealth and taxpayer status. It’s based on the idea that every member of society must have access to basic resources, and further, these resources must be sufficient for the survival of ...

The government, according to the head of communications of the Ghana Private Road Transport Union (GPRTU), Mr Abass Imoro, has directed state oil firm Ghana Oil Company (GOIL), to cut the prices of fuel at the pumps effective Tuesday, 7 December 2021. The decision comes after the presidency met union leaders of commercial drivers on Monday, 6 December after they ...

The National Democratic Congress (NDC) has commended its lawmakers for the rejection of the E-levy proposal in the 2022 budget statement. A statement issued by the General Secretary of the party said the people of Ghana are now assured that Parliament has assumed its proper role as an oversight institution that checks the excesses of the government. “We in the ...

The National Democratic Congress (NDC) has described President Akufo-Addo’s style of governance as one dominated by intolerance, violence and machoism. In a message to commemorate the first anniversary of the 2020 election, the NDC said it recalls, with sadness and sorrow that eight Ghanaians were needlessly murdered by agents of the state under the ultimate control of the presidency during ...

The Electricity Company of Ghana (ECG) has shut down its office in Somanya in the Yilo Krobo District of the Eastern Region due to safety concerns. This was announced by the Managing Director of ECG, Mr Kwame Agyemang, on Monday, 6 December 2021, at a press conference in Tema. The office, which was shut down on Wednesday, 1 December 2021, ...

The Minority Caucus in parliament, in the view of ex-special prosecutor Martin Amidu, “has now specialised in Orwellian doublespeak deceptions” and “shamelessly compromised” itself and “sold out on the rejected 2022 budget”. In his latest article on the budget stalemate – rejection by a Minority Caucus-alone parliament and subsequent approval by a Majority Caucus-alone parliament – the former attorney general ...

Finance Minister Ken Ofori-Atta has revealed he has written to the Speaker of Parliament over his modifications of portions of the controversial 2022 budget following public reaction. Below are details of the letter: “Mr. Speaker, I hereby write to confirm the details of these modifications: i. with regards to Agyapa Royalties Ltd, we shall amend paragraphs 442 and 443 to ...

The government of Ghana has apportioned GHS10 million cedis for feasibility studies on the sea defence project in coastal areas affected most by erosion, including the coastal belt of the Volta Region, where some 6,000 locals were recently displaced by tidal waves. At a press conference on Monday, 6 December 2021, Finance Minister Ken Ofori-Atta said the government is exploring ...