Bank of Ghana Treasury Bill auction sees strong demand as over GH¢8million bids are turned down.
Investors tendered GHS 17.70 billion against a target of GHS 8.07 billion, with GHS 9.43 billion accepted.
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Ministry of Finance releases new report on Ghana’s VAT system
Titled “A review of Ghana’s VAT system”, the report, was jointly produced with researchers from the Institute for Fiscal Studies (UK) and the Ministry of Finance.
Government Set to Complete First Major Foundry and Tooling Complex in 5 Months
According to the Minister of Environment, Science, and Technology, Murtala Mohammed, the project is 95% complete and requires approximately GHC 300 million to become fully operational
Importers and Exporters Association of Ghana Calls for Constructive Engagement on ICUMS and UCR Implementation
Despite concerns over implementing the Unique Consignment Reference (UCR) within ICUMS, the Association insists that the system remains essential for revenue collection.
Karpowership threatens to shut down over unpaid debt
The country’s power sector is on the brink of a crisis as Karpowership – the operator of the Aboadze power barge has warned it will suspend electricity supply unless the government settles an outstanding debt of $379 million.
Dr Sofo Tanko Rashid Computer Selected as Acting CEO of GIFEC
Dr. Computer, who confirmed his appointment to Graphic Online, said he would officially assume office on Friday, February 14, 2025
Edward Bawa reassigned from GNPC to GOIL as Group CEO
The reasons for the sudden reassignment remain unclear, but Citi News has learned that the appointment takes immediate effect.
Ghana to Host Africa Oil Week 2025 In Accra
Ghana, is set to host Africa Oil Week (AOW) 2025, the continent’s largest energy event focused on upstream development and finance
Tema Tank Farm, CH Group Foundation lauded for ultramodern library, magistrate court Projects
The ultramodern library and magistrate court complex projects funded by the Tema Tank Farm (TTF), Ghana’s leading privately-owned petroleum depot headquartered in the capital of the Kpone Katamanso Municipal Assembly in the Greater Accra Region
World Bank warns against premature return to international capital markets
According to him, an early return could send the wrong signal to investors and lead to a reversal of gains made under Ghana’s debt restructuring efforts, exposing the country to unsustainable borrowing costs.