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2018 budget to focus on jobs, tax reforms, agric & business

Finance Minister Mr. Ken Ofori Atta will today [Wednesday], November 15, 2017, present the 2018 budget to lawmakers. The budget will be second the for the Akufo-Addo administration since it took over the administration of the country in January 2016. The budget is expected to focus on about 10 key …

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Gov’t urged to be transparent in tracking oil-funded projects

The government has been urged to be open and transparent with its decision to track projects funded with petroleum revenues across the country. Dr Steve Manteaw, Member of the country’s Public Interest and Accountability Committee (PIAC) said in an interview with Joy News after a GIZ-funded workshop organised by the …

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2018 Budget: Remove Taxes On Petroleum Products – GPRTU

Commercial drivers are demanding the scrapping of taxes on petroleum products in the 2018 budget statement. The drivers say the high taxes on petroleum products has astronomically increased fuel prices and the cost of providing transportation services in the country. The Secretary of the Ghana Private Roads Transport Union (GPRTU) Issah …

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2018 budget to set motion for tariff review

Businesses should expect to see an adjustment in their cost of electricity at least beginning in 2018. It follows government’s plans to review the current tariff system for industries. President Akufo Addo who disclosed this says the Finance Minister, Ken Ofori Atta would announce details of this when he presents …

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Ghana sells $221.4m worth of domestic dollar bonds

Ghana scooped all $221.4 million tendered for a three-year domestic dollar bond at a 6.25 percent yield on Thursday, boosting the government’s plans to explore local funding sources, arrangers said. Initial guidance for the bond, the second to be issued by the major commodities exporter and open only to Ghanaian …

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Agric ministry moves in to revive Ghana’s onion industry

The Agric Ministry says it is working towards wiping out the importation of onions into the country. This follows a report by Citi Business News which highlighted the dwindling state of Ghana’s onion industry due to high imports from neighboring countries. According to the report, the industry was a bustling …

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