Solomon Boakye

2900 Articles

“Why Is Govn’t Easing Taxes for Small-Scale Miners While Increasing Levies on Big Firms?” – Tax Expert Questions Policy

KPMG tax expert Kofi Frempong-Kore criticizes Ghana’s mining tax policies, arguing they unfairly burden compliant firms while easing taxes for…

3 Min Read

Gov’t to Formalize Labour Export to Protect Workers Abroad and Reduce illegal “Japa”

The government plans to formalize Ghanaian labour export, creating legal pathways for workers abroad, reducing illegal migration, protecting rights, and…

5 Min Read

No Plan for Fuel Prices? GNCCI Questions 2025 Budget

GNCCI CEO Mark Badu Aboagye criticizes the 2025 Budget for lacking a fuel price strategy, warning it could hinder inflation…

3 Min Read

From 1% to 3%: Mining Sector Blindsided by Sudden Tax Hike – Ghana Chamber of Mines

The mining sector is outraged as Ghana triples the Growth and Sustainability Levy to 3%, citing lack of consultation and…

3 Min Read

GNCCI says 11.9% Inflation Target “Too Ambitious” Amid High Lending Rates and Food Price Instability

The GNCCI doubts the 2025 inflation target of 11.9% is achievable within the specified time, citing high lending rates, food…

3 Min Read

2025 Budget: GNCCI Applauds Tax Cuts but Warns of Credit Squeeze for Businesses

GNCCI welcomes tax cuts but warns of business risks from government borrowing. Calls for clear VAT reform timelines, realistic inflation…

4 Min Read

Adopting AI is Expensive, But Ignoring It Could Cost Ghanaian Banks More

Ghanaian banks face high AI adoption costs, but experts warn inaction could be costlier, risking competitiveness, security, and customer retention.…

4 Min Read

Trading Volume Drops as Market Capitalization Slips to GH¢133.09Bn

GSE dipped as market capitalization fell to GH¢133.09 billion. Standard Chartered Bank, Enterprise Group, and GCB Bank gained, while CalBank…

2 Min Read

GNCCI Welcomes VAT Reforms but Questions Implementation Timeline

GNCCI welcomes VAT reforms but urges a clear timeline, citing compliance challenges and inflation risks from Ghana’s complex VAT structure.…

3 Min Read

Govt’s T-Bill Borrowing Strategy Could Crowd Out Private Sector – GNCCI Warns Businesses to Brace Themselves

GNCCI warns heavy government borrowing via T-bills may crowd out private sector credit, raise interest rates, and limit business growth.…

5 Min Read

Falling T-Bill Rates Signal Renewed Investor Confidence – Finance Minister

Ghana’s Treasury bill rates have dropped below 20%, reflecting investor confidence, but concerns remain over debt obligations in 2027 and…

3 Min Read

Ghana to Pay GH¢150.3 Billion in Domestic Debt Over Four Years, Straining Liquidity

Ghana faces a GH¢150.3 billion domestic debt burden, with major repayments in 2027-2028, tightening liquidity, straining government finances, and limiting…

1 Min Read

Synergy Co. Ltd. to Set Up Training School & Solar Meter Plant in Ghana

Turkish firm Synergy Co. Ltd. plans to establish a solar and smart meter manufacturing plant in Ghana, alongside a training…

1 Min Read

EU to Hit Back with $28.3 Bn in Tariffs Over U.S. Steel, Aluminum Duties

The EU plans $28.3 billion in retaliatory tariffs on U.S. goods after Washington’s steel and aluminum duties, targeting whiskey, motorcycles,…

2 Min Read

Ghana to Set Up Gold Board to Boost Economy and Strengthen Cedi

Ghana is establishing the Ghana Gold Board (GOLDBOD) to regulate gold trade, boost foreign reserves, strengthen the cedi, curb smuggling,…

3 Min Read