The Value Added Tax Amendment bill, which would have raised the rate by 2.5 percent, has been approved by a majority of lawmakers. The contentious law required a head count in order to pass by a vote of 135 to 136. Members of the Minority advocated against raising the VAT …

According to Ghanatodayonline.com, the government has excluded pension money from the debt swap. The decision was made on December 22 after a meeting between organized labor, represented by Dr. Anthony Yaw Baah, and the government, represented by Finance Minister Ken Ofori Atta and Minister for Employment Ignatius Baffour Awuah. Ignatius …

According to the Vice President of Ghana, the nation would receive its first shipment of oil under the gold-for-oil scheme in January 2023. On December 22, 2022, Dr. Mahamudu Bawumia posted on Facebook, “I am happy to announce that the Government of Ghana has concluded the arrangements for the operationalisation …

The sub-regional alliance between Ghana and Burkina Faso to combat terrorism has been reinforced. After delivering a message from President Akufo-Addo to Burkinabe leader Ibrahim Traore in Ouagadougou on December 21, 2022, Ghana’s Minister of National Security, Mr. Albert Kan-Dapaah, revealed this to press. A senior team from Ghana, led …

As a result of an upsurge in abuse and attacks, the management of the investment business has ordered personnel to work remotely, therefore Databank has closed its premises as of today, Thursday, December 22. Databank indicated in a statement that it is unable to fulfill withdrawal requests due to a …

The National Cathedral Secretariat was to get 80 million Ghana cedis from the 2023 budget, however the Minority in Parliament forced Minister of Finance Ken Ofori-Atta to transfer the money to the Roads and Communications Ministries. Given the country’s current economic situation, the NDC MPs who opposed the allocation at …

Professor Kwesi Botchwey’s family formally notified the Rt. Hon. Speaker Alban Sumana Kingsford Bagbin of his last funeral rites through a delegation on behalf of the former National Democratic Congress (NDC) minister of finance and economic development. After a brief illness, Professor Kwesi Botchwey passed away on November 19, 2022, …

The New Patriotic Party has admonished the National Chairman of the National Democratic Congress, Johnson Asiedu Nketiah, to undertake reforms that will help the NDC get rid of its addiction to violence. Addressing a press conference on Wednesday, December 21, General Secretary of the NPP, Justin Frimpong Kodua, said Mr …

Arise Ghana and Justice for Ghana, two pressure organizations, have petitioned Parliament to stop using the pension fund for the planned national cathedral and instead use it to compensate NABCO officers who have not yet received government salary. The leaders of the pressure organizations sent a two-page petition to the …

President Nana Addo Dankwa Akufo-Addo has been urged to halt building on the National Cathedral of Ghana by Dormaahene, Osagyefo Oseadeeyo Agyemang Badu I. The Cathedral project cannot be a government priority, according to Dormaahene, the President of the Bono Regional House of Chief, considering the challenges facing Ghanaians. Agyemang …