The Ministry of Finance has dispelled claims of a new tax policy where shippers are required to obtain an Electronic Cargo Transit number. There were reports derived from a letter which purportedly suggested that all shipments to Ghana, including transit shipments are required to obtain an Electronic Cargo Transit number …
Read More »Government Settles First Coupon For Bonds Affected By DDEP
The Ministry of Finance has issued instructions for the settlement of first matured coupons of bonds under the Domestic Debt Exchange Programme (DDEP). Government in February this year successfully restructured some GHC 87.76 billion of existing bonds to 16 new bonds with varied maturing dates ranging from August 2027 up …
Read More »Govt To Bondholders: Expect Your Matured Coupons Within 48hrs
Government says processes for paying matured coupons on outstanding bonds commenced on Monday, March 13, 2023, and urged bondholders to expect such payments to hit their accounts within the next 48 hours. This was captured in a statement issued by the Ministry of Finance on Tuesday, March 14. “Government is …
Read More »GMA Sends A ‘Strong Warning’ To Government
The Ghana Medical Association (GMA) has cautioned the Ministry of Finance and the government of Ghana, for that matter, to abandon any plans to reclassify its members’ Pension Funds for the Domestic Debt Exchange Programme (DDEP). According to the Association, any attempts to include GMA’s Pension Funds in the …
Read More »CAGD Staff To Gov’t: Pay Our 2021, 2022 Honorarium Or We Will Strike
The Concerned Staff of the Controller and Accountant General’s Department (CAGD) have asked its management and the Finance Ministry to pay them their owed allowances immediately. According to them, if their honorarium which has been in arrears for two years (2021,2022) is not paid, they will advise themselves. In a …
Read More »Databank Shuts Offices, Staff To Work Remotely Due To Attacks And Threats Effective December 22
The Investment and fund management firm Databank has announced the closure of its offices effective Thursday, December 22, and to work remotely following attacks and threats on its staff. A statement issued Wednesday by the company said it has not been spared the liquidity challenges that have beset the fund …
Read More »MoF To Ghanaians : IMF Negotiations Are Progressing Smoothly; Ignore Contrary Claims
The Ministry of Finance has rejected claims that its negotiations with the International Monetary Fund (IMF) for a bailout have not been smooth as projected. A statement from the Ministry said such claims are untrue and should be disregarded. Some reports in the public domain say the negotiations are not …
Read More »Nana Addo Supports Legal Aid And Law Reform Funds With ¢2.2m
The President of Ghana Nana Akufo-Addo, through the Finance Ministry, has supported the Legal Aid Fund and the Law Reform Fund with a contribution of ¢2.2 million aimed at promoting the rule of law in the country. He noted that the Law Reform Commission is designated as a subvented agency …
Read More »‘God Will Not Inhabit A Cathedral Built On Lies, Fraud And Insensitivity’ – Investigative Journalist Writes
Award-winning investigative journalist, Manasseh Azure Awuni, has added his voice to the raging public debate on the relevance of the National Cathedral and the cost involved in its construction. In a Facebook post on Saturday, the ace investigative journalist doubted if God would live in a Cathedral built on vile …
Read More »All You Need To Know About E-Levy Policy – Ministry of Finance
The Ministry of Finance has released a list of questions that are likely to be asked by members of the general public in respect of the Electronic Transactions Levy (e-Levy) and provided answers to them. This follows the passage of the E-levy Bill on Tuesday, 29th March 2022, by a …
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