The Vice President Dr. Mahamudu Bawumia has stated that maintaining fiscal discipline is critical to ensuring sustained economic growth. According to the governing New Patriotic Party (NPP), it has inherited a chaotic economy fraught with huge domestic and external debt. Delivering...
The Finance Minister, Ken Ofori-Atta, has disclosed that the country’s debt, as a percentage of GDP, has declined from the 73 percent recorded last year to about 62.7 percent as at end of last month. The 2017 budget forecasts that...
The Ministry of Finance has appointed new officers to key positions in the Ministry in a bid to help push the reforms the government intends to pursue. Overall four persons have been appointed to augment the work at the ministry,...
Details emerging from the Bank of Ghana (BoG), reveal the negotiated resignation of Dr. Abdul-Nashiru Issahaku, as Governor, three years ahead of his four-year mandate caused the taxpayer GH¢3,204 million. Insiders have told The Herald that, the Akufo-Addo government, has...
Vice President Alhaji Dr Mahamudu Bawumia has indicated government’s determination to engage with companies and countries interested in providing high quality infrastructure in Ghana, especially in the construction and manufacturing sectors. Such companies would be more than welcome to set...
HFC Bank Ghana Limited and its subsidiaries recorded a widening loss-after-tax and non-controlling interest of GH¢47.73 million for the 2016 financial year. HFC Bank Ghana Limited and its subsidiaries also recorded an 18 percent rise in assets from GH¢1.6 billion...
The Ghana National Chamber of Commerce and Industry (GNCCI) has been commended for organising a network session among four chambers; notably Takoradi , Tarkwa , Cape Coast and Accra Chambers of Commerce and Industry to share ideas and to...
The Ghana Revenue Authority (GRA) has asked financial institutions to stop charging the 17.5 percent VAT on financial services. A statement released by the GRA said the tax has been abolished as part of government’s tax reliefs announced in the...
Ghana has emerged fourth of the foreign direct investment league table, among the top 10 countries in Africa, according to a report by RMB Global Markets Research. The West African nation, according to the report, beat other countries on the continent...
Starbow has clarified circumstances that led to one of its flights returning passengers to Kumasi last Sunday. According to the domestic airline, the move was a safety measure adopted by the captain of the flight in the face of weather...