Prime News Ghana

Today's Ghana Business, Banking and Economic news

Finance Ministry to maintain 3% VAT flat rate.

The much-heralded meeting between the Finance Minister Ken Ofori Atta and the Parliamentary Select Committee on Finance over the controversial 3% VAT rate has ended with little change.

Gov’t risks losing US$57m shares in AngloGold Ashanti

Balkan Energy has turned to a South African High Court to allow it to sell Ghana’s six million shares in AngloGold Ashanti to defray a US$12 million ‘judgement debt’ it was awarded against government, following a 2007 deal that went bad.

Who is Africa’s Most Important Economic Partner?

The rapidly growing level of business activity between China and various African countries has aroused intense interest within the continent amounting to the question: who is Africa’s most important economic partner?

Volvo to drop traditional engines

Volvo has become the first traditional carmaker to signal the end of the internal combustion engine by saying all its cars will have an electric motor in three years' time.

IDEG lauds gov’t’s $15bn loan facility

Executive Director of the Institute for Democratic Governance (IDEG), has lauded the effort of vice President Dr. Bawumia in securing a $15 billion dollar loan facility with China during his three-day visit to the place.

Ghana Rated High on US Investors’ Destination List

At least since the announcement of the announcement of the cross-sectorial tax cuts during the 2017 budget presentation as well as the administration’s economic development agenda, Ghana’s ratings as an investors’ destination has been on the rise.