Business News of Saturday, 7 May 2022 Source: ghanaiantimes.com.gh Vice President, Dr Mahamudu Bawumia, has called on internal auditors to take advantage of government’s digitalisation drive to expeditiously identify risks and control weaknesses in public institutions and provide timely recommendations to enhance decision making. He explained that, as internal auditors in a digitalised economy, their ability to provide independent assurance that public ...

Business News of Thursday, 5 May 2022 Source: www.ghanaweb.com FLASHBACK: IMF approves $191m for Ghana Finance Minister, Ken Ofori-Atta The International Monetary Fund (IMF) on May 5, 2018 approved the disbursement of $191 million to Ghana. This came after the IMF completed its fifth and sixth reviews of Ghana’s economic performance under the Extended Credit Facility (ECF) arrangement. This brought the total disbursements ...

  Ken Ofori-Atta, Finance Minister Provisional real GDP growth rate for 2021 showed a positive outturn of 5.4%, BoG Ghana’s economy expanded by 0.5% in 2020, Finance Ministry Ghana’s public debt now stands at 76.6% of GDP The Finance Ministry has indicated that Ghana’s current GDP growth rate of 5.4% is an indication that the economy is rebounding after the ...

Business News of Tuesday, 26 April 2022 E-Levy to be implemented on May 1 The Ghana Revenue Authority has announced that the charging of the electronic transfer levy will commence on May 1, 2022. The authority pending the implementation have outlined transfers that are excluded from the Levy: a) Cumulative transfer of GHS 100 per day made by the same ...

  play videoElsie Addo Awadzi, Second Deputy Governor, Bank of Ghana The Chief Executive Officer, Dr. Godwin Acquaye, Management, and Staff, of The Business and Financial Times, Distinguished Speakers and Panelists, Invited Guests, Ladies and Gentlemen, Friends from the media. Good Morning. 1. It is a pleasure to join you today as Keynote Speaker at this year’s Money Summit under ...

Nana Akomea STC CEO, Nana Akomea has cautioned the government not to bloat the E-Levy deductions as the policy begins on Sunday, 1st May, 2022. The Electronic Transaction Levy (E-Levy) is a 1.5% charge on all electronic transactions, primarily MoMo transactions, aimed to provide infrastructure development and better road networks for the nation. About 15 million Ghanaians are expected to be affected ...

  Former president, John Dramani Mahama African countries generally suffered adverse effect of COVID-19 pandemic Ghana mismanaged the pandemic, says John Dramani Mahama Mahama delivers lecture at Harvard University Former President John Dramani Mahama has conceded that the COVID-19 pandemic and the ongoing Russia-Ukraine war ha adversely affected global economies, especially that of African countries. He, however, believes that the handling of the twin crisis by different ...

Business News of Tuesday, 26 April 2022 The Ghana Revenue Authority (GRA) is the revenue arm of government E-Levy to increase tax-to-GDP ratio from 12.5% in 2021 to 20% by 2024 – GRA Stakeholders kick against E-Levy implementation Minority file application at Supreme Court to halt E-Levy implementation The Ghana Revenue Authority (GRA) has confirmed that the implementation of the Electronic Transfer ...

  Implement growth-focused policies to attract private investment – World Bank to Ghana Cedi struggles against US dollar in first quarter of 2022 Rating agencies downgrade Ghana’s credit worthiness President of the World Bank Group, David Malpass, has announced moves to create a US$170 billion financing package for member countries to deal with the current global economic challenges. According to ...

Business News of Thursday, 21 April 2022 The affected student speaking to the media KNUST defers 6,000 students over non-payment of fees It’s my fault, KNUST student Give us more time, Defaulted KNUST student One of the affected students at the Kwame Nkrumah University of Science and Technology (KNUST) has in a video captured by TV3 said he pumped his ...