Cabinet approves Inter-Ministerial Committee to drive FDI inflows
Cabinet has approved the formation of an Inter-ministerial Committee to provide policy guidance towards boosting the inflows of Foreign Direct Investment (FDI) to promote trade and economic growth. The Minister of Finance, Ken Ofori-Atta who announced this when he presented the 2020 Budget Statement and Economic Policy, said the mandate of the Committee was to […]
Sheikh Dr. Sharubutu honoured as Chief Water Sanitation Patron
The National Chief Imam, Sheikh Dr. Osmanu Nuhu Sharubutu has been honoured as the Chief Patron of Sanitation and Water. He was presented with a plaque and a citation by the Minister for Sanitation and Water Resources, Cecilia Abena Dapaah, as a mark of honour and distinction. That was when the Minister visited him at […]
“Nkosuo and Nkabom Budget” seeks to invest in infrastructural development
The Finance Minister, Ken Ofori-Atta on Wednesday presented the 2020 Budget Statement and Economic Policy without imposition of new taxes on businesses. He announced that a National Development Bank and an Enterprise Credit Scheme would be established to provide finance to industry, businesses, mortgage and entrepreneurs. The 2020 Budget, christened: “Nkosuo and Nkabom Budget” seeks […]
Government will strongly push for domestic revenue mobilisation
The Minister of Finance Ken Ofori-Atta, on Wednesday said government will in 2020, make a strong push for domestic revenue mobilisation, business regulatory reforms, and intensify drive for foreign direct investment, digitalisation, science and technology. He said this would consolidate the gains achieved within the last three years and drive government economic transformation forward in […]
EC organizes orientation for newly appointed officers
The Chairperson of the Electoral Commission Mrs. Jean Mensa, Wednesday, November 13, charged newly appointed officers of the Commission to create a level playing field for all parties and conduct their official activities without fear or favour. She was speaking at a two- day orientation program organized for 158 newly appointed officers at the Best […]
Gov’t to launch GHS2 billion credit and guarantee scheme to support private sector
The government is to establish an Enterprise Credit Scheme (ECS) to aid the private sector to access credit at reasonable lending rates, the Minister of Finance Ken Ofori-Atta, has announced. He said the government was working together with the Banking Community to launch a GHS2 billion credit and guarantee scheme in 2020. The initiative, he […]
Gov’t to use GHC85.9 billion as Total Expenditure for 2020
Government has proposed to use GH¢85.9 billion as Total Expenditure for the 2020 fiscal year, which is 21.6 per cent of Gross Domestic Product (GDP), including arrears payment, Mr. Ken Ofori-Atta, the Finance Minister, said on Tuesday. Delivering the 2020 Budget Statement and Economic Policy for the Government in Parliament, Mr. Ofori-Atta said the Government […]
Government reiterates commitment to support GRA
Government has reiterated its commitment to provide the necessary support to the Ghana Revenue Authority (GRA) in their ongoing reforms for 2020 and the medium term to optimize revenue collection. The full year yield from the 2019 midyear revenue measures are expected to be robust in 2020 to complement tax compliance efforts. The Minister of […]
Ghana’s men’s rugby team wins 2019 Africa trophy
The Ghana Rugby Eagles men’s sevens team won the 2019 Rugby Africa Men’s Sevens Trophy in Brakpan-South Africa last Saturday, November 9, 2019 after beating Morocco with 33 to 10 points. Earlier this year the Ghana Rugby Eagles women’s sevens team achieved a similar victory in Tunisia when they won the Trophy on October 13, […]
Access Bank partners Emirates in ‘Fly Now, Pay Later’ service
The Management of Access Bank Ghana has partnered with airline operator Emirates Airline to launch a flight service dubbed ‘Fly Now, Pay Later’ for customers. The service, which is the first of its kind in the country, is an installment payment for traveling with the Emirates airlines from Ghana to any part of the world. […]