Accra: The Ghana Statistical Service (GSS) has said that Ghanaians spent a total of GHS 4.0 billion on outbound tourism in 2023. The figure comprises GHS 59.8 million spent by same-day travelers and GHS 3.4 billion spent by overnight visitors, undersc…
GRA Aims for GHS10 Billion Additional Revenue with New Tax Scheme for Informal Sector
Accra: The Ghana Revenue Authority (GRA) has announced plans to mobilise an additional GHS10 billion in revenue through the rollout of a new Modified Taxation Scheme targeted at the informal sector. The initiative, which is expected to be launched on …
Ghana’s Economic Recovery Shows Progress Amid Persistent Fiscal Challenges
Accra: Ghana’s economy recorded significant improvement in 2024, driven largely by growth in the industrial sector, particularly construction and gold production. However, experts warn that fiscal challenges persist despite signs of stability.
Acco…
Stakeholders Urge Ghana to Reform Gender-Equitable Tax Regime
Accra: Stakeholders have called for urgent tax reforms to address gender inequalities, warning that Ghana’s heavy reliance on indirect taxes disproportionately affects low-income households and workers, particularly women, pushing many into poverty.
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NAFCO Seeks Additional GHS100m to Purchase Surplus Paddy Rice
Accra: The National Food Buffer Stock Company (NAFCO) has appealed to the government for an additional GHS100 million to purchase surplus produce, particularly paddy rice, to curb post-harvest losses. Mr. Osmond Amuah, Deputy Chief Executive Officer o…