Investor demand for Treasury bills continued to weaken last week, with the government missing its issuance target by 29.85 percent. Latest data from the Bank of Ghana shows total bids …
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Three supertankers laden with oil have passed through the Strait of Hormuz amid the fragile truce between the United States and Iran, according to shipping data. Iran’s blockade of the …
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Feature / AnalysisInnovationsNationalSMEsTaxationTop Story
How GRA’s Modified Taxation Scheme is boosting tax compliance & SMEs competitiveness
The era, where many informal sector businesses and workers’ pay taxes when faced with threats of enforcement or coercion, rather than on voluntary basis, has become a collaborative regime between …
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EnergyInvestmentsNationalOil & GasTop Story
PIAC presses Explorco to release US$561m in unremitted oil revenues
The Public Interest and Accountability Committee (PIAC) is mounting pressure on the Ghana National Petroleum Corporation’s (GNPC) subsidiary, Explorco, to account for petroleum revenues totaling US$561 million and deposit the …
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Management of the National Lottery Authority (NLA) has strongly refuted claims that its Director-General, Alhaji Mohammed Abdul-Salam, reduced staff salaries or unlawfully increased his own earnings. In a press statement …
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Credit ratings agency, Moody’s has revised Ghana’s outlook to “positive” from “stable,” pointing to improving public finances as the country gradually recovers from its recent economic crisis. Despite the improved …
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EconomyInsuranceMaritimeTop StoryTradeTransport
Shippers’ Authority targets mandatory cargo insurance policy to boost trade, local economy
The Ghana Shippers’ Authority (GSA), has appealed to importers and key stakeholders to comply with government’s directive requiring all cargo imports to be insured locally, describing the move as key …
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The cedi was buying at 11.0145 to the dollar and selling at 11.0255 on Friday, April 10, according to data from the Bank of Ghana. The pound sterling was buying …
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The International Monetary Fund (IMF) has cautioned central banks against leaving inflation to “spiral out of control” amidst uncertainty surrounding the Middle East war. Kristalina Georgieva, the IMF Managing Director, …
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EconomyNationalTaxationTop Story
US$31bn transferred without matching imports in five years — GRA boss
The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, says a five-year review of trade data has uncovered about US$31 billion transferred out of Ghana without corresponding goods entering …
