BUSINESS Time For Ghana To Set Up A Gold Bank Like Agriculture Bank – Chairman Wontumi 6th December 2022 Kumasi Online The owner of Akonta Mining Limited, Mr. Bernard Antwi-Boasiako is calling on all major gold mining firms to come together and endorse his proposal for a Gold Bank to be…
BUSINESS Interest Payments For Bonds Cut To 0% In 2023 5th December 2022 Kumasi Online The Government has slashed interest payments for domestic bondholders to zero percent in 2023. It has also pegged 2024 interest payments at 5 percent and will increase to 10 percent…
BUSINESS Debt Exchange: Greece used force to ensure participation; Ghana doesn’t want to do that – Ofori-Atta 5th December 2022 Kumasi Online Finance Minister Ken Ofori-Atta has said that Ghana is not the first nation to undertake domestic debt operation in the form of the Debt Exchange programme that has been launched.…
BUSINESS Gov’t slashes interest payments for domestic bonds to 0% in 2023 [VIDEO] 4th December 2022 Kumasi Online The Government has slashed interest payments for domestic bondholders to zero percent in 2023 and pegged 2024 interest payments at 5 percent. The government has, however, announced that there will…
BUSINESS Ghana’s dreaded debt restructuring programme will be announced Monday – Ato Forson 4th December 2022 Kumasi Online Member of Parliament for Ajumako-Enyan-Esiam, Cassiel Ato Forosn has said that the government is going to announce what he believes is debt restructuring tomorrow Monday December 5. He described the…
BUSINESS NPA directs OMCs to increase UPPF and BOST margin on fuel effective Dec. 1 2nd December 2022 Kumasi Online The National Petroleum Authority (NPA) has directed Oil Marketing Companies and other industry players to increase the Unified Petroleum Price Fund (UPPF) and Bost margin on fuel effective December 1.…
BUSINESS GRA Enforces VAT Compliance At Quarry Sites; One Local, Five Chinese Quarries In The Net 2nd December 2022 Kumasi Online The Ghana Revenue Authority (GRA) has begun enforcement of VAT compliance at stone and sand quarry sites across the country, with the aim of shoring-up revenue to meet its GH¢80.3billion…
BUSINESS Budget 2023 good but lack specifics in key areas – PwC 1st December 2022 Kumasi Online Accounting, auditing and professional services firm, PricewaterhouseCoopers (Ghana) LTD, has said that the message in the 2023 Budget is timely and consistent with the challenges facing the economy. It said…
BUSINESS Govt Targets Debt Sustainability With Budget 29th November 2022 Kumasi Online DEPUTY MINISTER for Finance, Dr. John Ampontuah Kumah, has indicated that the 2023 Budget is anchored on four key programmes which are aimed at achieving debt sustainability through the International…
BUSINESS Gov’t to crackdown on gold smuggling to implement gold for oil barter 29th November 2022 Kumasi Online Managing Director of the Precious Minerals Marketing Company (PMMC), Nana Akwesi Awuah, says the government will deal decisively with gold smuggling activities as it looks to implement the gold for…