Business

Air passengers to pay $20 on all round-trip tickets at KIA

Business News of Wednesday, 13 March 2024 Source: classfmonline.com Inside Terminal 3 of the Kotoka International Airport   From 1 May 2024, air passengers will be required to pay $20 for baggage belt overhauling and other maintenance issues at the Kotoka International Airport. A letter from the management of the Ghana Airports Company Limited (GACL) addressed to the Chairperson of the ...

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Gold-for-Oil Policy slashed Inflation from 54.1% to 23.5% in January 2023 – Abena Osei-Asare

Business News of Thursday, 29 February 2024 Source: www.ghanaweb.live   Abena Osei-Asare   Abena Osei-Asare, the Minister of State Designate for the Finance Ministry, has attributed the reduction in the country’s inflation rate from 54.1 percent to 23.5 percent in January 2023 to the gold-for-oil policy by the government. The policy was introduced with the aim of addressing Ghana’s dwindling foreign ...

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GRA urges continued support for E-levy amid revenue success

Business News of Friday, 1 March 2024 Source: thebftonline.com Ghana Revenue Authority (GRA) The Ghana Revenue Authority (GRA) has emphasised the importance of sustaining the Electronic Transaction Services Levy (e-levy), citing its significant contribution to the nation’s revenue. With the e-levy generating GH₵1.19billion in 2023, surpassing its target by GH₵83.15million, the GRA has urged stakeholders to refrain from plans to cancel ...

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VIDEO: U.S warns of aid reduction to Ghana if Akufo-Addo signs anti-LGBTQ bill

General News of Friday, 1 March 2024 Source: www.ghanaweb.live U.S. State Department spokesperson, Matt Miller The United States has issued a cautionary statement, indicating the possibility of reducing foreign aid to Ghana if President Nana Addo Dankwa Akufo-Addo signs a recently approved bill criminalising LGBTQ activities into law. Parliament, on February 27, 2024, passed the anti-LGBTQ bill, proposing prison sentences of up to ...

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IMF expresses concerns over Ghana’s anti-LGBTQ bill, cautions on economic implications

Business News of Friday, 1 March 2024 Source: www.ghanaweb.live International Monetary Fund (IMF) The International Monetary Fund (IMF) has voiced its vigilance over recent developments in Ghana after lawmakers approved a bill proposing up to three years of imprisonment for individuals identifying as LGBTQ. In a statement from its Washington headquarters, the IMF emphasized its commitment to diversity and inclusion, citing ...

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Gold-for-Oil has reduced forex pressures on bulk energy storage – Akufo-Addo

Business News of Tuesday, 27 February 2024 Source: www.ghanaweb.complay videoPresident Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has touted government’s achievement in the implementation of the gold-for-oil programme. According to him, the implementation of the gold-for-oil programme has reduced the forex pressures on bulk energy storage, transportation and bulk imports. He said the programme has helped the government negotiate more competitive ...

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FULL TEXT: President Akufo-Addo’s 2024 State of the Nation

General News of Tuesday, 27 February 2024 Source: www.ghanaweb.com President Akufo-Addo presenting the SONA on February 27, 2024 President Nana Addo Dankwa Akufo-Addo presented his 2024 State of Nations Address (SONA) in parliament on Tuesday, February 27, 2024. During his address, the president among other things took full responsibility for the current state of Ghana’s economy. He also touched on the threat of ...

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Ken Ofori-Atta appointed Senior Presidential Advisor and Special Envoy for International Finance

General News of Friday, 23 February 2024 Source: www.ghanaweb.live   Ken Ofori-Atta President Nana Addo has appointed Ken Ofori-Atta as the Senior Presidential Advisor and Special Envoy for International Finance and Private Sector Investments. This move follows Ofori-Atta’s recent replacement as the Finance Minister by Dr Mohammed Amin Adam. The appointment is disclosed in a letter dated February 15, 2024, and signed by ...

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Akufo-Addo directs finance minister to complete Kumasi International Airport, Kejetia project

Business News of Wednesday, 21 February 2024 Source: otecfmghana.com The Kumasi International Airport   President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has directed the Finance Minister, Dr Mohammed Amin Adam, to complete Abandoned projects in the Ashanti Region. Some of the landmark projects include the Kumasi International Airport, Okomfo Anokye Maternity Block, and the Second Phase of the ...

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Finance minister pays courtesy call on Asantehene

Business News of Friday, 23 February 2024 Source: thebftonline.com   Finance Minister, Dr Mohammed Amin Adam and Asantehene Otumfuor Osei-Tutu II   The Minister of Finance, Dr. Mohammed Amin Adam has paid a courtesy call on the Asantehene, Otumfuo Osei Tutu II at the Manhyia Palace, Kumasi. The visit, the minister explained, was to seek the blessing of the Asantehene as the new ...

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