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Ghana’s total population to be declared on Monday

The Ghana Statistical Service (GSS) is expected to declare the country’s official population on Monday, August 2 at a press conference in Accra. This follows the end of the 2021 Housing and Population Census on Saturday, July 31. The exercise began midnight of Sunday, June 27 but had to be …

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5th Ghana International Trade & Finance Conference

By Naa Anyema Collison The Ghana International Trade & Finance Conference has since its inception supported the agenda for the creation of a Single Continental Payment platform where all financial transactions will be carried out on the AfCFTA platform. Chairman of the Association of Ghana Industries Tsoam C. Akpeloo indicated …

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BoG maintains policy rate at 13.5%

BY: Naa Anyema Collison The Bank of Ghana’s Monetary Policy Committee (MPC) has maintained the policy rate at 13.5 per cent. The Committee said this is because its assessment showed that the risks to inflation and growth were broadly balanced. The committee announced this in a press statement on Monday, …

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Review Vehicle Income Tax payable by commercial vehicles

BY: Patience Awadzi In Ghana where 15-seater commercial “Trotro” vehicle owners pay only GHS16 Income Tax per quarter on their total Revenue must certainly need to look for drastic measures to tax taxpayers in the informal sector. Critics say the tax imposed on operators in the informal sector does not …

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1D1F: 150,000 jobs created so far – Alan Kyerematen

The Minister of Trade and Industry, Alan Kyerematen, has stated that, government’s One District One Factory initiative has so far created 150,975 jobs since its establishment in 2017. The 1D1F program is a private sector-led initiative that seeks to create the necessary conducive environment for businesses to access funding from …

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“NO ID, no transaction policy”: ascertaining its impact

BY: Joyce Andzie The introduction of the mobile money service has really contributed to the development of the country. It has made sending and receiving money easier and faster, however, fraudsters have taken advantage of the highly positive technological service to steal from people. The problem is a colossal challenge …

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Foodstuff prices to stabilize in September

The Deputy Minister for Food and Agriculture, Yaw Frimpong Addo has urged Ghanaians of a stable price of foodstuff by September. “It is our hope that once the new produce has been harvested by end of September, October prices will stabilize because we are going to have a lot of …

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Government secures $34m loan for Kpong irrigation

The government has secured a $34 million loan facility to rehabilitate the Kpong Left Bank Irrigation Project. The project, which has been completed awaiting investors, is sited between Akuse in the Eastern Region and Torgorme in the North Tongu District in the Volta Region. The Minister for Food and Agriculture, …

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Inflation rises to 7.8%, first time since February 2021

BY: Naa Anyema Collision Inflation for the month of June 2021 is 7.8%, according to figures from the Ghana Statistical Service. This means that in June 2021, the general price level was 7.8% higher than in June 2020. Month-on-month inflation between May 2021 and June 2021 was 1.3%. The higher …

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BoG to hold 101st MPC

BY: Naa Anyema Collison The Central Bank of Ghana has announced its 101st Monetary Policy Committee meeting will take place from Wednesday 21 to Friday, July 23, 2021. The meeting will entail the initiation of proposals for the formulation of the policies of the central bank, provision of statistical data, …

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New Momo charges is in the right direction – Rev Worlanyo

BY: Naa Anyema Collison Members of the Mobile Money Agents Association of Ghana (MMAAG) have hinted increase in service following an emergency meeting The Association had complained about a back-door increase in taxes imposed on telecommunication companies by the government, thereby forcing them to pass on the charges to their …

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GIPC to hold Ghana Diaspora Investment Summit

BY: Naa Anyema Collision The Ghana Investment Promotion Centre (GIPC) will on 23rd and 24th June 2021, hold the maiden Ghana Diaspora Investment Summit at the Kempinski Gold Coast City Hotel.The event, themed “The New Normal, leveraging Diaspora investments to build back better” will create an avenue to foster partnerships …

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Used Car Dealer Sales Tricks Exposed

Don’t act so surprised, Your Highness. You weren’t on any mercy mission this time. Several transmissions were beamed to this ship by Rebel spies. I want to know what happened to the plans they sent you. In my experience, there is no such thing as luck. Partially, but it also …

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