Showing posts from February, 2023

Rice Import Bill Hits GH¢6.8bn

The economy spent over GH¢6.8billion (equivalent to US$560million at current market rates) importing rice, a grain that can be produced locally, last year. While total rice consumption …

BoG To Halt Financing Of Budget Deficit

The Bank of Ghana’s (BoG) financing of budget deficits is set to end with the International Monetary Fund (IMF) programme’s introduction, Governor Ernest Addison has stated. The Bank ha…

Tougher Times For Hotels

The domestic hotel industry faces an uncertain future as hikes in utility tariffs and Value Added Tax (VAT), as well as other operational costs, threaten operators. With electricity tar…

Gov’t Withdraws MTN Ghana Tax Bill

The GH¢8.2 billion tax liability imposed on MTN Ghana by the Ghana Revenue Authority (GRA) has been withdrawn, the telecommunication company has said. According to reports, the tax impo…

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