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Ghana making great economic strides under Akufo-Addo – Ban Ki Moon

Former United Nations (UN) Secretary-General, Ban Ki-Moon, says Ghana is making great economic strides under the leadership of President Akufo-Addo. The celebrated diplomat made the assertion at the Jubilee House when he paid a courtesy call on President Akufo-Addo ahead of his participation in the prestigious Africa Netpreneur Prize Initiative, a Jack Ma’s flagship Read More
Business

Nigeria to open border after Buhari, Akufo-Addo meeting – Deputy Minister

Deputy Minister for Foreign Affairs And Regional Integration Minister, Mohammad Habibu Tijani (MP), says Nigeria will soon open its closed borders. Africa’s most populous nation unexpectedly closed its land borders to all movements of goods, banning both imports and exports through land. Speaking in an exclusive interview with Empire News’ Emmanuel Ohene-Gyan on the Read More
Business

2020 Budget: We won’t overspend, pegs budget deficit at 4.7% – Ofori-Atta assures

Finance Minister, Ken Ofori-Atta, has reiterated assurances that government will keep spending in check-in 2020, despite it being an election year, in order not to erode the gains made in keeping the country’s fiscal balance in shape. It has become an unwritten tradition for governments to embark on massive infrastructural and social projects during election […]Read More
Business

GUTA lauds commitment to good tax regime

The Ghana Union of Traders Associations (GUTA) has commended the government for demonstrating enough commitment to implement good tax regimes to improve on the economy. According to the association, the 2020 Budget Statement presented to Parliament by the Finance Minister, Mr Ken Ofori-Atta, last Wednesday showed that the government was focused on reforming the tax […]Read More
Business

2020 revenue target set at GHC67.1bn

Government is projected to achieve GHc 67.1 billion in total revenue, representing 16.9 percent of GDP, in the 2020 fiscal year. This was made known by the Finance Minister, Ken Ofori-Atta, during the presentation of 2020 Budget Statement and Economic Policy, presented to Parliament in Accra. Of the total expected revenue for the period, GHc […]Read More
Business

‘What kind of person quotes the Bible yet hurls insults in a ‘Kasantwi’ budget’

The 2020 budget statement presented before Parliament by Ghana’s Bible-chomping Finance Minister Ken Ofori-Atta was full of innuendoes and veiled insults targeted at the leadership of the erstwhile Mahama administration, a former Deputy Minister of Finance Mrs. Mona Quartey has said. She wondered how Mr Ofori-Atta could, with one tongue, copiously quote The Read More
Business

Ghana’s economy has seen a miraculous turn-around – Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta says Ghana’s economy has been fixed after the government inherited a very bad economy from the erstwhile John Dramani Mahama administration. Presenting the Akufo-Addo government’s Fourth Budget and Economic Policy in Parliament on Wednesday, November 13, 2019, the Finance Minister said the incumbent government is interested in creating Read More
Business

No new taxes in 2020 – Ofori-Atta

The government will not introduce any new taxes in the 2020 fiscal year. Presenting the 2020 Budget to Parliament on Wednesday, the Minister of Finance, Ken Ofori-Atta, said government would restructure the tax system and develop a comprehensive revenue policy and strategy to address the challenges of revenue mobilization. He said government would also lend […]Read More