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Banking, Finance and Investment
Govt drops VAT on electricity, set to engage IMF on revenue shortfall
February 5, 2024
Govt drops VAT on electricity, set to engage IMF on revenue shortfall
Reports suggest that the government has opted to cancel the imposition of the 15% Value Added Tax (VAT) on electricity.…
Organised Labour to stage demo against electricity tax on February 13
February 2, 2024
Organised Labour to stage demo against electricity tax on February 13
Organized Labour is set to embark on a nationwide demonstration against the government’s imposition of a 15% VAT on Electricity.…
Petrol, Diesel and LPG prices to go up marginally from February 1, 2024
February 1, 2024
Petrol, Diesel and LPG prices to go up marginally from February 1, 2024
Fuel prices are expected to go up marginally, beginning tomorrow February 1, 2024, the Institute for Energy Securities has stated.…
VAT on electricity: Govt to hold extensive dialogue with Organised Labour
January 31, 2024
VAT on electricity: Govt to hold extensive dialogue with Organised Labour
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on…
BoG reduces Monetary Policy Rate to 29%
January 29, 2024
BoG reduces Monetary Policy Rate to 29%
The Bank of Ghana (BoG) has lowered its Monetary Policy Rate by one percent. In effect, the rate that commercial…
Akufo-Addo commissions Chinese-owned Sentuo Oil Refinery
January 27, 2024
Akufo-Addo commissions Chinese-owned Sentuo Oil Refinery
President Akufo-Addo on Friday, January 26, commissioned the Sentuo Oil Refinery in an initiative to reduce Ghana’s reliance on oil…
Akufo-Addo announces plans to revive TOR at inauguration of Chinese-owned refinery
January 26, 2024
Akufo-Addo announces plans to revive TOR at inauguration of Chinese-owned refinery
President Akufo-Addo has highlighted ongoing efforts toward the complete revitalisation of the Tema Oil Refinery. This declaration came during the…
IMF deal: Second tranche of US$600m officially hits BOG account
January 24, 2024
IMF deal: Second tranche of US$600m officially hits BOG account
The Bank of Ghana (BOG) has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with…
Ghana has turned the corner, now working towards a more resilient, transformed economy, says Akufo-Addo
January 18, 2024
Ghana has turned the corner, now working towards a more resilient, transformed economy, says Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says after a turbulent start to the 2020s, African economies have since 2023, consolidated their recovery…