Parliament of Ghana has officially abolished the Electronic Transfer Levy, commonly known as the E-Levy, which imposed a tax on electronic financial transactions in the Country. This move is expected to bring significant financial relief to Ghanaians, who had been bearing the brunt of the levy since its introduction in 2022. The E-Levy, which was […]
Ken Thompson, former CEO of Dalex Finance, has launched a scathing critique against former President Nana Akufo-Addo, accusing him of prioritizing personal interests over the needs of Ghanaians and mismanaging the economy. Mr.Thompson’s remarks, made on Channel One TV on March 25, were unequivocal, as he declared, “They ran the economy aground”. According to Thompson, […]
In a bold step towards stabilizing the exchange rate, lawyer Sammy Gyamfi has reached out to key players in the industry to discuss the operational framework of the upcoming Ghana Gold Board (GOLDBOD). Guided by the Minister of Finance and the Governor of the Bank of Ghana (BoG), Gyamfi held talks with leaders from the […]
In a bold move aimed at revitalizing the agricultural sector, the H.E. John Dramani Mahama, President of Ghana has committed Ghc 1.5 billion as part of its Agricultural Economic Transformation Agenda (AETA). This announcement was made by Finance Minister Dr. Cassel Atto Forson, during his recent budget presentation, signalled a renewed focus on agriculture as […]
In a groundbreaking initiative aimed at empowering women across the nation, President John Dramani Mahama has announced an allocation of GHC 51.3 million as seed funding for the establishment of the Women’s Development Bank. This initiative, unveiled during a recent budget presentation, is poised to transform the financial landscape for women in Ghana, providing them […]
The Chamber of Oil Marketing Companies has made a promising prediction, indicating that the prices of petroleum products are expected to decline in the first pricing window of March 2025. This anticipated decrease is attributed to a marginal dip in the cost of crude oil, which fell from $76.86/BBL to $75.49/BBL, representing a 1.32% decrease. […]
Ghana has made a significant breakthrough in its economic recovery efforts, saving approximately GH¢1 billion due to the recent reduction in Treasury bill rates. This remarkable achievement was revealed by the Minister of Finance, Cassiel Ato Forson, during the National Economic Dialogue on March 3, under the theme “Resetting Ghana: Building the Economy We Want […]
Dr. Ishmael Yamson, Chairman of the National Economic Dialogue, has expressed his unwavering confidence in President John Dramani Mahama’s ability to steer Ghana toward sustainable economic growth. Speaking at the opening of the National Economic Dialogue on Monday, March 3, 2025, Dr. Yamson emphasized the urgent need for transformative leadership to address Ghana’s economic challenges, […]
In a significant development, the Goldbod Technical Committee, led by Acting Managing Director of the Precious Mineral Marketing Company (PMMC), Sammy Gyamfi, Esq., met with small-scale miners, gold dealers, and jewelers in Kumasi yesterday. The meeting, held at the “Miklin” Hotel, drew a massive attendance and featured engaging discussions on the Goldbod initiative. Launched by […]
The Minister for Fisheries and Aquaculture Development and Member of Parliament for Shama, Emelia Arthur, has expressed optimism that developments in aquaculture will provide year-round fishing opportunities and create more jobs for the youth. She revealed that the Anomabo Fisheries College is nearing completion and will soon be operational to help reduce post-harvest losses in […]