BUSINESS

Experts say VAT increase is ‘a necessary evil,’ but at what cost?

Economists fear the NPP’s proposal to broaden the country’s tax base will overwhelm Ghana’s lower-class, who argue the VAT they currently pay is not being reflected in their communities. “If citizens know that the taxes...

Is the Akufo-Addo government doing better? Yes!

Growing up from childhood I was taught one basic thing – give honour where it is due. I have read and listened to recent arguments on social media on the performances of both the...

COCOBOD refutes cedi’s depreciation impact on repayment of dollar syndicated loan

COCOBOD has ruled out any negative impact of the cedi’s depreciation on its dollar syndicated loan repayment. According to the Corporate Affairs Manager of COCOBOD Noah Amenyah, due to the sale of the beans in...

Economist singles out Free SHS as cause of imminent VAT increase

An economist at Ghana’s premier university has blamed government’s ambitious free secondary school education policy for an imminent increase in the rate of Value Added Tax (VAT). The Free Senior High School (Free SHS) policy...

Probe BOST – Occupy Ghana petitions Chief of staff

Pressure group, OccupyGhana (OG), has petitioned Chief of Staff Frema Opare, to investigate circumstances that led to the alleged smuggling of petroleum products, re-exporting, premix dumping, unlawful profiteering, tax evasion and financial reporting inconsistencies...

BoG bars MFIs from digital space until they pass ‘test’

Microfinance companies interested in introducing digital products and services, including agency banking and mobile money, must first meet the central bank’s ‘fit and proper test’ including GH¢2 million minimum capital. Head of Payment Systems at...
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