Former Finance Minister, Seth Terkper has expressed doubt over government’s ability to meet the revenue target of GH¢ 100 billion, despite the approval of the Electronic Transfer Levy (E-levy) law.
The implementation of the Electronic Transfer Levy Act 2022 (Act 1075) which imposes a 1.5 per cent tax on all electronic transactions and money transfers will commence on May 1, 2022, the Commissioner-General of the Ghana Revenue Authority (GRA), Mr. Ammishaddai Owusu-Amoah has announced
One of the key policy decisions of government most Ghanaians were looking forward to for the Vice President Dr Bawumia to comment on during his Economic Lecture on Thursday was the E-Levy.
Investor are shunning government’s short-term debt instruments – the 91-day, 182-day and 364-day Treasury bills – as liquidity on the primary market is strained on the back of unfavourable interest rates on these classes of debt securities.
Vice President Dr Mahamudu Bawumia at a forum held by TESCON, students wing of the New Patriotic Party (NPP) listed some factors accounting for Ghana's high debt stock.
Former Managing Director of defunct Capital Bank, Rev Fitzgerald Odonkor says he did not approve the payment of ¢27.5 million to the founder of the Bank, William Ato Essien.
The President of the Ghana Hotels Association (GHA), Dr. Edward Achah-Nyameke Jnr., has hinted that hotel rates are likely to go up due to the country’s difficult economic conditions such as inflation and high lending rates, which have increased the cost of borrowing.
The Economic and Organised Crime Office (EOCO) in collaboration with the Ghana Association of Banks (GAB) has arrested four persons engaged in SIM swap fraud.
The Executive Secretary of the Public Utility Regulatory Commission, PURC, Dr. Ishmael Ackah, says the PURC will announce a review of utility tariffs in July this year.
