Organised Labour has raised its voice against the government’s proposal to introduce a Cost of Living Allowance (COLA) in the upcoming salary negotiations for public sector employees. The concept of COLA, designed to offer interim
Twenty-two local assemblies have been indicted for inefficiencies in revenue collection. This is contained in the Auditor-General’s Report on the audit of the metropolitan, municipal and district assemblies (MMDAs) for last year. While the assemblies
Ghana’s trade balance faced headwinds in 2022, as the nation grappled with a trade deficit of $4.5 billion. Total imports surged to GHS 148.6 billion, juxtaposed against total exports of GHS 144.1 billion, according to
Despite the widespread assertion that the Central Bank of Ghana is mandated to report its activities to parliament, the Majority Leader and Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu says such claims are untrue. According to
Ghana has been ranked among African countries with the highest corporate taxes on the African Continent. The study was conducted by OnDeck Capital, an online small business lending company in the United States of America using
Following the reported GHC 60 billion loss reported by the Bank of Ghana in the 2022 Financial Year, the International Monetary Fund (IMF) has called for calm claiming there is no cause for alarm. After
The National Communications Officer of the opposition National Democratic Congress (NDC), Sammy Gyamfi has pooh-pooed the response of the Bank of Ghana to his party's claims on the 2022 Financial Report of the Central Bank.
The Ghana Union of Traders’ Association (GUTA) has expressed its heartfelt gratitude to the President Akufo-Addo-led government for including traders as beneficiaries of the affordable housing scheme. The affordable housing scheme forms part of the
Minister for Food and Agriculture, Bryan Acheampong has launched an initiative to deal with the menace of cocoa smuggling in the country. Although the minister insists governments have implemented innovative policies to motivate and incentivize
Hon. Peter Lanchene Toobu, Member of Parliament (MP) for Wa West, has stated that in order for African nations to gain respect internationally and alter negative impressions of the continent, they must wean themselves off
