BUSINESS 2023 Budget: Govt aims to cut imports by 50% 24th November 2022 Kumasi Online The government has introduced measures aimed at boosting the local productive capacity of the country. This move, which forms part of the government’s seven-point agenda to restore macro-economic stability is…
BUSINESS Analysis: 5 talking points from the 2023 Budget 24th November 2022 Kumasi Online The Financial Statement and Economic Policy for the year ending December, 2023 was presented to Parliament on Thursday by the Finance Minister, Ken Ofori-Atta. Here are 5 take ways from…
BUSINESS Gov’t Proposes Increment In VAT Rate By 2.5% In 2023 Budget 24th November 2022 Kumasi Online The Finance Minister has proposed in the 2023 budget presentation an increment in the Value Added Tax (VAT) by 2.5 per cent. The standard VAT rate is 12.5%, except for…
BUSINESS 2023 Budget: Minority says Ghanaians should brace themselves for more hardship 24th November 2022 Kumasi Online Accra, Nov 24, GNA – Dr Cassiel Ato Baah Forson, Ranking Member of Parliament’s Finance Committee, Thursday said Mr Ken Ofori-Atta, the Finance Minister, failed to provide a Budget Statement…
BUSINESS 2023 Budget: Allow GRA to collect property levy –Tax consultant 22nd November 2022 Kumasi Online A Tax Consultant, Francis Timore Boi has urged government to use the 2023 Budget to pursue a policy that will centralize the collection of property tax and empower the Ghana…
BUSINESS Let’s all work together to save economy – Organised Labour 18th November 2022 Kumasi Online Organized Labour has called on the Government to collaborate with the various unions and stakeholders in the nation’s economic mix to amicably address the economic challenges confronting the economy. Inflation…
BUSINESS Importers, exporters warn of looming food shortages over withdrawal of FX support 18th November 2022 Kumasi Online The Importers and Exporters Association is warning of possible food shortages and a further surge in food inflation in the coming days. The warning comes on the back of the…
BUSINESS BoG no longer provides FX support for imports of rice, poultry, vegetable oil 17th November 2022 Kumasi Online Banks have been directed by the Bank of Ghana (BoG) that from today, Thursday November 17, they should no longer provide foreign exchange to persons for the import of rice,…
BUSINESS BoG directs banks to withdraw foreign exchange support for importation of rice, vegetable oils, others 17th November 2022 Kumasi Online The Bank of Ghana has directed banks to withdraw foreign exchange support to customers for the importation of certain non-critical or essential goods. Joy Business however understands that the withdrawal…
BUSINESS Outlook of cedi to depend on whether Ghana reaches IMF agreement – Fitch Solutions 17th November 2022 Kumasi Online The outlook of the Ghana cedi will depend on whether Ghana reaches an agreement with the International Monetary Fund (IMF) and obtain funding in the months ahead. According to Fitch…
