NEWS

There are 13 steps to reduce public spending that have been outlined by the government through the Finance Minister, Ken Ofori-Atta. He claims that these measures are orders from the Cabinet that would start to take effect in January 2023. This follows several requests from various segments of the public …

The Black Stars’ 2022 World Cup opening took place on Thursday night at Stadium 974, where Portugal defeated Ghana 3-2 despite the absence of VAR. Just after the hour mark, Cristiano Ronaldo scored a contentious penalty to put Portugal ahead before Andre Ayew tied the score for Ghana. The European …

The decision to raise the Value Added Tax (VAT) by 2.5 percent has been announced by the government. This will raise the tax rate from its existing level of 12.5% to 15.0%. The Finance Minister stated that the review will directly help the digitalization agenda and road development projects when …

According to the government, no new hires would be made to its employees in 2023. From January 2023, according to Finance Minister Ken Ofori-Atta’s office, hiring would cease in the nation’s civil and public sector. He said that this is intended to reduce spending in the future. This information was …

The 2022 Budget Statement and Economic Policy has been referred to as a “Sika mp3 dede budget” by the minority leader in parliament, Haruna Iddrisu. The popular’sika mp3 dede’ that President Nana Addo Dankwa Akufo-Addo used in his final speech to the country inspired the Akan expression, which literally translates …

According to Ghana’s Finance Minister Ken Ofori-Atta, the government plans to encourage the private sector to import substitute select particular items in 2023. On Thursday, November 24, 2022, the minister delivered the 2023 budget statement and economic strategy to parliament. He stated that the targeted products make up around 45% …

The government has lowered the 1.5% to 1% Electronic Transfer Levy rate. The government claims that more Ghanaians would be able to utilize the service as a result. The daily transaction cap of 100 has also been eliminated, though. This was disclosed on Thursday, November 24, during the introduction of …

The Electronic Transfer Levy (E-Levy), which is now imposed at a rate of 1.5 percent, will be reduced to 1.0 percent, according to a proposal made by Finance Minister Ken Ofori-Atta. Ofori-Atta suggested removing restrictions on transfers that will trigger the charge in addition to the rate decrease. “Review the …

At the recently concluded Sustainability and Social Impact (SSI) awards night in Accra, MTN Ghana Foundation, the company’s corporate social investment arm, took home four trophies. The categories for the awards are: Best Company in Educational Sponsorship Project, Best Company in Economic Empowerment, and Best Company in Employee Volunteerism Initiatives …

MTN would like to once again congratulate the Black Stars on qualifying for the 2022 FIFA World Cup ahead of their opening game for the senior national team of Ghana at the FIFA World Cup being played in Qatar. Selorm Adadevoh, the Chief Executive Officer of MTN Ghana, said, “As …