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10% tax on Sports betting, other lottery takes effect from Aug. 15

10% tax on Sports betting, other lottery takes effect from Aug. 15

Patrons of Sports betting and other lotteries will from 15th August 2023 pay 10% withholding tax on gross wins. The…
BoG records ¢60.8bn loss in 2022

BoG records ¢60.8bn loss in 2022

The Bank of Ghana has posted losses totaling GH¢60.81 billion for the 2022 financial year.  This compares to a profit…
Fuel prices expected to go up by 9.0% from August 1 – COPEC

Fuel prices expected to go up by 9.0% from August 1 – COPEC

The Chamber of Petroleum Consumers (COPEC) is predicting a marginal rise in petroleum prices in the first pricing window of…
Menzgold assures to pay customers after completing validation exercise

Menzgold assures to pay customers after completing validation exercise

Defunct gold trading company, Menzgold has announced that it has successfully completed the transaction validation process assuring to make payments…
Auditor-General uncovers GH¢15.1 billion financial irregularities in public sector

Auditor-General uncovers GH¢15.1 billion financial irregularities in public sector

The 2022 Auditor-General’s report reported more than GH15.1 billion in irregularities in the operations of public boards, corporations and other…
Ofori-Atta readies to present Mid-Year Budget Review today

Ofori-Atta readies to present Mid-Year Budget Review today

The Minister for Finance, Ken Ofori-Atta is expected to present the 2023 Mid-Year Budget Review in Parliament today July 31,…
Govt imposes 21% VAT on Facebook ads for business and personal use

Govt imposes 21% VAT on Facebook ads for business and personal use

Meta platforms has announced that beginning August 1, 2023 it will start collecting value-added tax (VAT) and levies for the…
Fuel prices go up

Fuel prices go up

Fuel prices have risen marginally at major filling stations across the country. A visit to the pumps on Monday, July…
ECG targets defaulting customers again

ECG targets defaulting customers again

The Electricity Company of Ghana (ECG) has announced plans to embark on a three-month nationwide revenue mobilisation exercise dubbed “Operation…
Mahama begs IPPs to reconsider shutdown over $1.73 billion debt

Mahama begs IPPs to reconsider shutdown over $1.73 billion debt

Former President John Dramani Mahama has pleaded with the Independent Power Producers (IPPs) not to carry out their threat to…
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