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The Ghana Revenue Authority has recovered in excess of $93 million and an additional GH¢421 million from multinational and local companies operating in the country through its informants’ reward scheme. These were hitherto taxes that the State could have lost as a result of the firms’ unwillingness to pay until the intervention of these informants who used the Informant Application ...

The Ahafo Regional Coordinating Council and Asutifi North District Assembly have commended Newmont Africa’s Ahafo Mine for their immeasurable contribution to the stability, growth and progress of Agriculture in Ghana, especially in the Asutifi North District, even in the face of challenges. This was captured in a citation presented to Newmont Ahafo during the 38th Farmers’ Day Celebration at Gyedu, ...

The Executive Chairman of the Jospong Group of Companies (JGC) has advocated homegrown solutions to address the economic challenges currently bedeviling the country. “The economic challenges that we are facing should rather bring forth our entrepreneurial spirit as we find homegrown solutions to them,” Dr. Joseph Siaw Agyepong made the call at the 2022 Annual Thanksgiving Service of the JGC ...

Newmont Africa says it looks forward to the investigation reports of the Ghana Police Service, and the National Investigation Bureau, to understand and address the root cause of the recent shootings, at Kenyasi, one of its host communities. The company’s statement follows the recent shooting and rioting incident, that unfortunately, claimed the life of one community member and injured four ...

It appears that a consensus is being reached that although external developments and governmental policies may be chiefly to blame, a lot of the hardship in Ghana is also due to the greed of some traders and businesses – which has ripple effects. Yet Ghana is always described as a deeply religious country.Who would have thought that so many of ...

A former Finance Minister, Dr Kwabena Duffuor, has proposed the establishment of a National Economic Rescue Team to help find immediate and lasting solutions to the current economic challenges. He said the depth of the economic crisis and the ongoing attempt to restructure the domestic debt towards macroeconomic stability and recovery of the economy call for the establishment of an ...

Ghana’s government has taken inadequate steps to end the chaining and inhumane treatment of people with real or perceived mental health conditions – psychosocial disabilities – in faith-based and traditional healing centers despite a 2017 ban on such treatment, Human Rights Watch said today. A decade after the adoption of the 2012 Mental Health Act, which establishes a structure to ...

A record $51.5 billion is needed to help 230 million of the world’s most vulnerable people in nearly 70 countries next year, the UN said on Thursday. The size of the appeal – 25 per cent higher than this year’s – reflects the fact that the total number in need is 65 million more than in 2022, the UN and partner ...

The Internal Monetary Fund (IMF) has confirmed that the government of Ghana has declared its intention to conduct a debt operation ( also called debt restructuring) in 2023. According to an update on the fund’s website, “authorities [Ghana] have assessed their public debt as being unsustainable over the medium term. Together with efforts to bring the government deficit down, they ...

The Minority in Parliament has described the 2023 budget statement and economic policy presented by the Minister of Finance, Ken Ofori-Atta, yesterday to Parliament as not encouraging as it provides no hope for the youth because there will be a freeze on employment. It has, therefore, urged the citizenry to brace themselves up for a “maximum hardship” in the coming ...