Thursday, November 21, 2024

Finance

SSNIT to delete 13,000 names from pensioners payroll

GNA - The Social Security and National Insurance Trust (SSNIT) will from September 1, 2021 delete the names of pensioners, aged 72 and above, who fail to complete or renew their Pensioner Certificates. In a statement issued to the Ghana...

Bank of Ghana warns against lifting policy support too soon

GNA - The Bank of Ghana (BoG) has warned policy makers against the early withdrawal of support measures instituted to address the effects of the covid-19 pandemic, saying it could harm the economic recovery process. The First Deputy Governor of...

BoG encourages repatriation of export funds to strengthen national reserve

GNA - The Bank of Ghana (BoG) has encouraged exporters to remain committed to the national regulation that required the repatriation of export proceeds for the development of the country. Mr Eric Kwaku Hammond, the Assistant Director of the Banking...

Ghanaians willing to pay taxes – Afrobarometer study

GNA - Ghanaians endorse taxation and are willing to pay higher taxes to support the country’s development, a new Afrobarometer study has shown. The study said majority of the citizens, however, said it was difficult to find out what taxes...

StanChart and Ghana sign 55-million Euro agreement for road infrastructure

GNA – Standard Chartered and the Ghana’s Ministry of Finance have signed a 55-million Euro agreement for a road infrastructure supported by an Export Credit Agency (ECA). Working closely with Exportkreditnämnden1(EKN, the Swedish ECA) and Swedish Export Credit Corporation (SEK),...

Gatwick Airport plans to cut 600 jobs due to coronavirus

Gatwick Airport has revealed plans to cut a quarter of its workforce due to the impact of coronavirus. About 600 jobs could be lost following an 80% reduction in the number of passengers. The airport is running at about 20%...

African Union Commission inaugurates African Continental Free Trade Area (AfCFTA) permanent secretariat as launchpad for Africa’s economic transformation

The African Development Bank Group provided a $5 million institutional support grant to the AU towards the establishment of the AfCFTA secretariat At a ceremony on Monday to commission the permanent secretariat of the African Continental Free Trade Area (AfCFTA),...

Ghanaians to use Ghana Card numbers as TIN for business transactions next year

The Government, through the Ghana Revenue Authority (GRA), has begun processes to convert the National Identification numbers into Tax Identification numbers (TIN) to ensure easy payment of taxes. The move will allow Ghanaians to use their Ghana Card numbers to...

Trump’s unemployment boost could be $300 a week for some Americans

The checks are expected to start going out in a couple of weeks President Trump has pledged to partially restore extra unemployment benefits at $400 a week — but many jobless Americans may not receive the full amount. That's because an...

Mid-year review is empty – Ato Forson

Mr Cassiel Ato Forson, Ranking Member on Parliament's Finance Committee, has described as empty, the Government's  Mid-Year Budget Review presented by Finance Minister, Ken Ofori-Atta on Thursday. “There’s nothing in it for Ghanaians to be happy about,” Mr Forson said, after...
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“Ghanaians make up a notable portion of US visa overstayers.”

Ghana has emerged as one of the African countries with high visa overstay rates in the United States, according...
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