The demand for foreign exchange by oil importers in the face of dwindling foreign exchange reserves results in the depreciation of the cedi and increases in the cost of living with higher prices for fuel, transportation, utilities, etc. To address this challenge, Government is negotiating a new policy regime where …
Read More »Prez Akufo-Addo visits Black Stars in Qatar ahead of Portugal opener
President Akufo Addo has arrived in Qatar to support the Black Stars as they face Portugal today, Thursday in the ongoing World Cup tournament. Akufo-Addo visited the team’s camp in Doha on Thursday morning ahead of the first match, which will kick off at 4pm local time. He is expected …
Read More »VAT to be increased from 12.5% to 15% in 2023 budget by gov’t.
The Finance Minister has proposed in the 2023 budget presentation an increment in the Value Added Tax (VAT) by 2.5 per cent. The standard VAT rate is 12.5%, except for supplies of a wholesaler or retailer of goods, which are taxed at a total flat rate of 3%. The proposal to …
Read More »BUDGET 2023:E-LEVY TO BE REDUCED TO 1%
The minister of finance Ken Ofori Atta has indicated in the 2023 budget presentation today in parliament that the Electronic Levy popularly known as E- Levy which was introduced by the government in May 2022, budget with 1.5% charges on every electronic transaction will be reduced to 1%. It led …
Read More »C/R:Let’s ensure terrorist groups do not take over the mining sector- Dr. Ernest Adu-Gyamfi
Dr. Ernest Adu-Gyamfi, Chairman of the National Peace Council (NPC) has called on Ghanaians to be conscious of the emerging security threats posed by violent extremists under the disguise of small-scale illegal mining, popularly referred to as ‘galamsey’. In many mining communities, the wanton environmental destruction and pollution of water …
Read More »Minority disappointed in Majority side decision to support Finance Minister 2023 budget presentation
The Minority leader Haruna Iddrisu has described as a stab on parliamentary oversight the decision by the majority MPs to support the decision to allow the finance minister Ken Ofori Atta to present the 2023 budget to the house. According to the minority leader, his side expected the majority to …
Read More »GHANAIANS SHOULD EXPECT MORE TAXES IN 2023 BUDGET,HON.THOMAS AMPEM NYARKO HINTS
Barring any last minute changes the embattled Finance Minister Ken Ofori-Atta is scheduled to present the 2023 budget to parliament today The Finance Minister has been in the news over the last one month as his party’s MPs called for his sacking for the poor management of the economy This …
Read More »“WE HAVEN’T BACK DOWN OUR EARLY DECISION”,MAJORITY LEADER REVEALS
Majority leader, Osei Kyei Mensah Bonsu has confirmed the npp MPs in parliament will corporate and allow the finance minister Ken Ofori atta to present the 2023 budget to the house. According to the majority leader the president has again pleaded with them to allow Ken Ofori atta present the …
Read More »C/R:ALLEGED MURDERER NEARLY LYNCHE
Man believed to be in his late 30’s has been beaten to a state of unconsciousness and dragged to Awutu Bereku Police station after he attempted to behead a woman and wounded another person at Gomoa Mamfam in the Gomoa East District of the Central Region. Police sources says, the …
Read More »Two officers of the police MTTD physically assaulted a male suspect at Asankrangwa
Two officers of the police MTTD have been captured in a video physically assaulting a male suspect to a pulp at Asankrangwa in the Western North region over a bag containing marijuana (weed). The suspect was said to be in the company of another man at the back of a …
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