General News of Tuesday, 16 April 2024 Source: Amanda Atunah, Contributor President Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has ushered in a new era for the National Service Scheme (NSS) with the launch of its 2024–2034 policy aimed at reshaping its operations over the next decade. During the launch at the College of Physicians and Surgeons in Accra, the President ...
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Voluntarily declare your foreign incomes within three months from May 1 – GRA to taxpayers
Business News of Tuesday, 16 April 2024 Source: www.ghanaweb.com play videoJulie Essiam, Commissioner-General of the GRA The Ghana Revenue Authority (GRA) has announced a voluntary disclosure opportunity for taxpayers to declare their foreign income accounts within three months, starting from May 1, 2024. According to the authority, taxpayers who comply with this directive will have the interest on their accounts waived. In a ...
Read More »BoG, finance ministry to sign MoU on central bank recapitalization – Dr. Addison
Business News of Sunday, 14 April 2024 Source: www.ghanaweb.com play videoDr. Ernest Addison, Governor of Bank of Ghana Bank of Ghana governor, Dr. Ernest Addison, has said discussions have been had with the just-ended IMF Mission team to Ghana on the impact of the Domestic Debt Exchange Programme (DDEP) and the losses incurred on the central bank’s balance sheet. The central ...
Read More »Government won’t overburden Ghanaians with taxes – Dr. Amin Adam assures
Business News of Sunday, 14 April 2024 Source: GNA Dr Mohammed Amin Adam, Finance Minister The government is determined not to overburden Ghanaians with the payment of more taxes, Dr. Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well ...
Read More »Don’t use the services of middlemen to secure Schengen visa, you will be banned – Anne Sophie cautions
Business News of Sunday, 14 April 2024 Source: www.ghanaweb.com Former French Ambassador to Ghana, Anne Sophie Ave Former French Ambassador to Ghana, Anne Sophie Ave, has cautioned against the use of middlemen to secure travel visas, especially to parts of Europe. She asserted that some individuals continue to pay these middlemen huge sums of cash in hopes of securing a ...
Read More »IMF Executive Board selects Kristalina Georgieva to serve as MD for second five-year term
Business News of Saturday, 13 April 2024 Disclaimer Source: imf.org Kristalina Georgieva, IMF Managing Director The Executive Board of the International Monetary Fund (IMF) on April 12, 2024 selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024. The Board’s decision was taken by consensus. In line with the selection process it had established ...
Read More »IMF reaches Staff-Level Agreement on second review of Ghana’s IMF bailout
Business News of Saturday, 13 April 2024 Source: www.ghanaweb.com The International Monetary Fund (IMF) IMF Mission staff and Ghanaian authorities have reached staff-level agreement on economic policies and reforms to conclude the second review of the three year ECF-supported program. The move means Ghana will now have access to about US$360 million in financing once the review is approved by IMF ...
Read More »LIVESTREAMING: IMF, Ministry of Finance and BoG hold joint press briefing
General News of Saturday, 13 April 2024 Source: www.ghanaweb.com IMF Mission Chief for Ghana, Stephane Roudet The Ministry of Finance will host a joint press briefing with the International Monetary Fund and the Bank of Ghana following the just ended mission by staff of the Fund to Ghana. The event is set to take place in Accra, Ghana at 10:00am. The IMF Mission ...
Read More »Government raises cocoa producer price to almost 60% amidst global market trends
Business News of Saturday, 6 April 2024 Source: thebftonline.com Cocoa is a key export commodity for Ghana The government of Ghana, in collaboration with stakeholders, has announced a significant increase in the producer price of cocoa for the remainder of the 2023/24 crop year, in a move aimed at enhancing the income of cocoa farmers in the country. The decision comes ...
Read More »2024 Elections: NPP flagbearer, GUTA hold fruitful engagement
Business News of Saturday, 6 April 2024 Source: www.ghanaweb.com The meeting, held in Accra was interactive, open and frank The flagbearer of the NPP, Dr. Mahamudu Bawumia and the Ghana Union of Traders’ Association (GUTA) have held discussions in Accra, on the proposed policies and vision of the NPP flagbearer. The meeting, held in Accra on Friday, April 5, was ...
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