Oil marketing companies (OMCs) are expected to reduce fuel prices significantly in the first week of 2023, with some selling at single digits, the Institute for Energy Securities (IES) has predicted. The prediction is coming on the back of the 5.28% and 5.09% fall in the prices of Gasoline and […]
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BEFORE ANY HAIRCUT: Ghana’s Binge Borrowing Advisors must return commission money…
Ken Ofori-Atta and Charles Adu Boahen must be shaved for bringing this haircut upon Ghanaians by embarking on a binge borrowing spree while their private companies made huge profits. EDITORIALSFEATURES & OPINIONS By SpyDa for ghananewsonline.com.gh When you give bad advice, you must not profit; Databank and Black Star Advisory and […]
Ghana records a 15 to 17% drop in cargo volumes first nine months of 2022
Ghana’s ports recorded between 15 and 17 percent drop in cargo between January and September 2022, Mr. Michael Luguje, the Director General of the Ghana Ports and Harbours Authority (GPHA) has said. Mr. Luguje said, “GPHA is hoping and believing for a better traffic flow to Ghana’s ports in 2023.” […]
European Union injects €2.5m into Ghana’s agricultural sector
The European Union (EU), has injected €2.5 million into Ghana’s agricultural sector to help increase farmers’ access to credit facilities to finance their agricultural production and businesses in the agricultural value chain within the next six years. The fund would be managed by the Sinapi Aba Savings & Loans (SASL), […]
More than $5b remittances expected in 2023 to ease Ghana’s forex pressure
The pressure on Ghana’s forex is expected to ease, with an expected $5 billion in remittances for 2023, following a $4.7 billion inflow of remittances in 2022. The remittance for next year, together with the IMF $3 billion loan-support program, is expected to contribute to efforts by the Government to […]
Richard Dela Sky reviews the Akufo-Addo government; policies and economic crisis
Parliament approves reduction of E-levy rate to 1%, rejects removal of GH₵100 threshold
Source: Myjoyonline.com Parliament approved an amendment to the Electronic Transaction Levy (E-levy) Act on Wednesday, December 21, 2022. The government during the presentation of the 2023 Budget announced a reduction of the e-levy rate from 1.5% to 1% and wanted to remove the daily non-taxable threshold of GH₵100. The government sought […]
Ex-Ghana star Prince Tagoe remanded in custody for allegedly defrauding George Boateng of $40k
Former Ghana international, Prince Tagoe, has been remanded into police custody until January 4, 2023, for allegedly defrauding Black Stars assistant coach, George Boateng, of $40,000 by an Accra Circuit Court on Wednesday, per a report by Accra-based radio station Starr FM. The former Hearts of Oak player pleaded not guilty to […]