The global and international credit ratings agency, Standards and Poor’s (S&P) has upgraded Ghana’s credit score from ‘B’ minus to ‘B’ with a stable outlook.
At the same time, they have revised Ghana’s transfer and convertibility (T&C) assessment to ‘B+’ from ‘B’.
In its latest release on the credit ratings… Continue reading
Ghanaians who earn GHS10,000 or more will, henceforth, pay 35% of their salary as personal income tax, Finance Minister Ken Ofori-Atta, has said.
He told parliament on Thursday, 19 July during the presentation of the mid-year budget review that government is reviewing the personal income tax categories “to include an… Continue reading
Reports reaching us indicate that a broadcast journalist with one of the most prominent media organizations in the country has been relieved of his duties for misconducting himself.
Sources revealed the said journalist who is also the morning show host of a prominent Accra-based radio station, has been suspended for… Continue reading
The Chamber of Pharmacy is to reduce prices of medicines by 30% from 1st March, 2018.
The move, according to the Chamber is as a result of the Minister of Finance, Ken Ofori Atta removing the 17.5% VAT on imported finished medicines as contained in the 2017 budget.
The Chairman… Continue reading
Government is determined to reduce the current electricity tariffs contrary to claims by the minority National Democratic Congress (NDC) in parliament it has no the wherewithal and commitment to do so.
“Government cannot promise Ghanaians by making a bold decision in the budget and only to come and say… Continue reading
The Commission on Human rights and Administrative Justice (CHRAJ) has cleared the Minister of Finance (MOF), Mr Ken Ofori-Atta, of allegations of conflict of interest in the issuance of some bonds.
The Commission, however, after its investigations of allegations made against the minister by a citizen, Mr Yaw Brogya Genfi,… Continue reading
US-based political analyst, Kwadwo Sarfo Kantanka, has observed that some persons within the governing New Patriotic Party (NPP) are conspiring with elements within the National Democratic Congress (NDC), to work against the presidential ambition of Trade and Industry Minister Alan Kyerematen, hence the allegation of extortion of $100,000 from expatriate… Continue reading
Former Finance Minister, Seth Terkper, has questioned why the Akufo-Addo economic management team, is borrowing excessively, although it had in opposition vowed never to do so in the running of the country.
“We were told there wouldn’t be any borrowing at all. We were made to understand there was going… Continue reading