Business

G-24 advocates robust financial buffer for Ghana, other developing nations

Business News of Wednesday, 12 April 2023 Source: GNAFinancial buffer for developing countries The Intergovernmental Group of Twenty-Four (G-24) have urged more substantial financial buffers from global development actors to enable Ghana and other developing countries to speedily meet their debt needs. Ghana, Sri Lanka, Zambia, Suriname, Belize, Zambia, and Ecuador are among the debt-distressed developing nations whose external debt increased ...

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ORC to strike out names of 2,812 churches, CSOs for not filing annual returns

Business News of Thursday, 13 April 2023 Source: atinkaonline.com Mrs Jemima Mamaa Oware, Registrar Of Companies The Office of the Registrar of Companies (ORC) has notified all officials and leaders of Churches, Associations, Fun Clubs, Unions, Schools, and Civil Society Organizations(CSOs) that, by the end of June 2023, it will begin the process of validating and striking off 2,812 of these ...

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Kwaku Kwarteng, Ato Forson, 7 others in Washington for IMF, World Bank meetings

General News of Thursday, 13 April 2023 Source: www.ghanaweb.com Obuasi West MP Kwaku Kwarteng is the leader of delegation Parliament is represented by a nine-member in Washington DC as part of Ghana’s delegation attending the 2023 IMF/ World Bank Spring Meetings. The delegation is led by MP for Obuasi West and chairman of the finance committee in Parliament, Kwaku Kwarteng. The ...

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IMF urges China to ‘speed up’ work on debt restructuring for Ghana, others

Business News of Friday, 7 April 2023   Kristalina Georgieva, IMF Managing Director International Monetary Fund (IMF) Chief Kristalina Georgieva said she told China’s new top economic official, Li Qiang, they must accelerate work to reach debt restructuring agreements for countries like Zambia, Ghana and Ethiopia. Georgieva, who met with Li and other top Chinese officials during a visit to China ...

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Integrated aluminium industry to create nearly 2 million sustainable jobs – Minister

Business News of Tuesday, 4 April 2023 Source: thebftonline.com Minister for Lands and Natural Resources, Samuel Abu Jinapor With an estimated bauxite resource base of over 900 million metric tonnes, a comprehensive development of an integrated aluminium industry would create nearly 2 million sustainable jobs with an anticipated US$1trillion in total revenue for the country, Minister of Lands and Natural Resources Samuel ...

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NPP has increased Ghana’s debt stock by ‘just’ 304% – National Chairman

Business News of Wednesday, 5 April 2023 Source: classfmonline.com Stephen Ntim, NPP National Chairman The administrations of the National Democratic Congress that took over from President John Kufuor added the most to Ghana’s debt stock, the Chairman of the New Patriotic Party, Mr Stephen Ntim, has said. At a press conference on Tuesday, 4 April 2023, Stephen Ntim said: “One of the central claims ...

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Parliament passes three new taxes

Business News of Saturday, 1 April 2023 Taxes | File photo Parliament has passed three new tax measures during an extended sitting of Friday, March 31, 2023. The said taxes also faced stiff opposition from the Minority Caucus in the House but the Majority managed to marshall all their numbers on the day to get the taxes passed. The three new ...

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Property rate platform to become fully operational by end of March – GRA

  Commissioner General of the Ghana Revenue Authority, Reverend Dr. Ammishaddai Owusu-Amoah The Commissioner General of the Ghana Revenue Authority, Reverend Dr. Ammishaddai Owusu-Amoah, has said that all is set for the launch of a common platform for the collection of property taxes in Ghana. According to him, the platform which is to centralize the collection of property tax rates ...

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Ghana must prioritize tree crop subsector to wean off dependency on IMF – Afriyie Akoto

Business News of Monday, 13 March 2023 Source: kasapafmonline.com Former Agric Minister, Dr. Owusu Afriyie Akoto The immediate-past Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto is confident that prioritising the tree crop sub-sector will enable Ghana wean itself off financial dependency on the International Monetary Fund (IMF) and other bilateral donors. According to him, if Ghana had started this journey decades ...

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IMF deal: Chinese delegation in Ghana as government restructures external debts

President Nana Addo Dankwa Akufo-Addo has expressed confidence that with the cooperation Government is receiving from members of the Paris Club and China, it would be able to conclude finally an agreement with the International Monetary Fund, (IMF) by the end of March. President Akufo-Addo said the Chinese Government has sent a delegation from China’s Eximbank to Accra, over the ...

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