Nigeria Plans To Slap One-Off 50% Windfall Tax On Banks’ Foreign Profit
The Senate has approved President Bola Tinubu’s request to amend the Finance Act to impose a one-time windfall tax on banks’ foreign exchange profits in […]
Business
Fitch Solutions Projects Positive Outlook For Ghana Cedi
The Ghana cedi is expected to recoup some losses against the dollar in the coming months, Fitch Solutions has revealed. According to the London-based firm, […]
COCOBOD Attributes Profit To Impact Of Debt Restructuring Of Cocoa Bills
The Ghana Cocoa Board (COCOBOD) has attributed its profit posted for the 2022/2023 crop season to the restructuring of the cocoa bills worth ¢7.9 billion. […]
Concerned Drivers Association To Increase Transport Fare By 15% Effective July 22
The Concerned Drivers Association of Ghana has announced a 15% increase in transport fares, effective Monday, July 22. The Association cited the rising cost of […]
Producer Price Inflation Increases To 25.9% In June
The latest data from the Ghana Statistical Service (GSS) reveals that the Producer Price Inflation (PPI) rate for June 2024 has climbed to 25.9%, up […]
World Bank Lauds Bank Of Ghana’s Inflation-Fighting Success
The Bank of Ghana’s robust independence has garnered commendation from the World Bank. The World Bank highlighted the Central Bank’s critical role in successfully implementing […]
ECG Gets Third Board Chairman In Under 6 Months
President Nana Addo Dankwa Akufo-Addo has appointed Alexander Kwamina Afenyo-Markin, the Majority Leader and Member of Parliament for Effutu, as the new Board Chairman of the Electricity Company of Ghana […]
Restructured Debt Helps Cocobod Post $149.8M Profit – Auditor General’s Report
Ghana’s cocoa marketing board (Cocobod) made a GH¢2.3 billion ($149.84 million) profit in 2022/23, helped by the restructuring of its debt, the Auditor General said […]
We’ve Exceeded Target Of Onboarding 600 Large Companies On E-VAT Platform – GRA
The Ghana Revenue Authority (GRA) has announced that it has exceeded its target of signing on 600 large companies on its Electronic (E)-VAT platform by […]
IMF Maintains Global Growth Forecast At 3.2% For 2024
Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2% in 2024 and 3.3% in 2025. […]