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Finance
T-Bills, domestic bond principals protected in debt exchange
Treasury Bills are completely exempted from the debt exchange and all holders will be paid the full value of their investments on maturity
No haircut on the principal of bonds
In…
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Is Essien to pay only GH₵90m of BoG’s GH₵620m and walk free?
William Ato Essien, a former Chief Executive Officer of defunct Capital Bank, has agreed to plead guilty in the GH₵620 million Bank of Ghana liquidity support misappropriation trial.…
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ADB appoints Alhassan Yakubu-Tali as new MD
Agricultural Development Bank PLC (ADB) has appointed Mr. Alhassan Yakubu-Tali as its new Managing Director, effective December 1, 2022.
His appointment follows a successful approval…
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DBG supporting SMEs, agribusinesses with GH¢900m
Development Bank Ghana (DBG) has created two funds worth GH¢900 million to support agribusiness and Small and Medium Enterprises (SMEs).
GH¢500m DBG Emergency Economic Programme…
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53.8% cedi depreciation adds GH₵93bn to public debt this year
The depreciation of the cedi, which has lost about 53.8 percent of its value since the beginning of the year has increased public debt by GH₵93 billion.
Finance Minister Ken…
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E-levy reduced to 1%, daily threshold scrapped
Mr Ken Ofori- Atta, Minister of Finance and Economic Planning, has announced plans to review the Electronic Transactions Levy (E-levy) Act and specifically reduce the headline rate from…
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Markets will respond positively to technocrat Finance Minister
Finance and Economic Policy Analyst and Entrepreneur Senyo Hosi says none of the current New Patriotic Party (NPP) Members of Parliament (MPs) and Ministers can offer what the market…
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Senyo Hosi lists 10 technocrats to replace Ofori-Atta, Adu Boahen
The past few weeks must have been among the most difficult for you. You have not only contended with your political opposition but, ironically, with members of your party over none…
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Cedi depreciation negatively impacts tax obligations of businesses
Introduction
As a tax and transfer pricing enthusiast, I am concerned about the impact of the depreciation of the cedi on tax and transfer pricing (TP) compliance.
This article…
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BEIGE Bank CEO Nyinaku, faces 44 charges over GH₵2.1bn theft
Attorney General and Minister of Justice has filed 44 charges against Founder and Chief Executive Officer (CEO) of now defunct BEIGE Bank, Michael Nyinaku, over the loss of GH₵2.1…
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