Bolga Airport construction starts soon – Akufo-Addo

Construction of an airport in the Upper East region is about to take place at Sherigu in the regional capital, Bolgatanga, President Nana Addo Dankwa Akufo-Addo has announced. Addressing traditional authorities and residents of the...
Former Finance Minister Seth Terkper

2018 Budget review: VAT increased in “disguise” – Terpker

A former Finance Minister Seth Terpker has challenged government’s stance that it has not increased VAT in the 2018 mid-year review budget. “I wish to assure the House that VAT will not be increased. I...
Minority Member of Parliament for Bolgatanga Central Isaac Adongo

VAT increased by 5% – Minority insist

The Minority have insisted that government has secretly increased the Value Added Tax (VAT) by 5percent. This means that VAT now stands at 22.5percent from 17.5percent. The Minority at a roundtable breakfast dialogue days before...

2018 Budget review: Gov’t imposes tax on luxury cars

The government has imposed a luxury vehicle tax on vehicles with a capacity of 3.0 litres and above. Reading the mid-year budget review to Parliament, the Finance Minister, Ken Ofori Atta announced that based “on...
Ken Ofori-Atta

2018 budget review: New revenue measures hit NHIL, GetFUND

The Finance Minister Ken Ofori-Atta has announced fiscal measures in the 2018 mid-year budget to enable the government to meet its revenue target. Delivering the mid-year budget in Parliament on Thursday, 19 July 2018, Mr....
Ken Ofori-Atta and Dr. Mahamudu Bawumia at Parliament for the 2018 Mid-Year Budget review

Blame external shocks for Cedi depreciation – Ofori-Atta

Finance Minister, Ken Ofori-Atta Thursday blamed the depreciation of the cedi against major international currencies to “external shocks.” The Ghanaian cedi hit a record low earlier this month, with Reuters noting that the cedi has...

Ghana’s debt hits GH¢154bn, reaches 63.8% of GDP

The Finance Minister Ken Ofori Atta has revealed that Ghana’s public debt has hit GH¢154 billion, representing 63.8% of GDP as at May 2018. This is a reduction from the 73.3 percent recorded in December...

Afb Ghana expands bond funding by GHS200m

To support the inclusive finance entity’s ongoing expansion strategy, Afb Ghana has increased its bond issue by two thirds, to total GHS300 million. Afb’s bonds have managed to secure a solid rating for the...

Work begins on Tema Motorway grade separation project

Vice President Dr Mahamudu Bawumia has cut the sod for works to begin on the Grade Separation of the Tema Motorway Intersection as part of the Improvement of Ghanaian International Road Corridors project. The Motorway...

Emirates announces one-off A380 Service to Accra

Emirates’ iconic A380 aircraft will operate a one-off flight to Kotoka International Airport on Tuesday 2nd October, as the global airline joins local authorities in celebrating the opening of the airport’s new Terminal 3. The...