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Economy
S&P revises Ghana’s rating to CCC+, outlook negative
Ratings agency, S&P Global Ratings, has revised Ghana’s rating from B-/B to CCC+/C, putting the country’s creditworthiness…
MoMo contribution to MTN’s revenue declines from 22.8% to 19.3%
The mobile telecommunication giant, MTN, has announced that the contribution of Mobile Money (MoMo) to its revenue decreased from…
MTN paid ¢1.2bn taxes to government in half-year 2022
Leading mobile service provider, MTN Ghana paid ¢1.2 billion in direct and indirect taxes during the first-half of 2022.…
Utility tariffs to go up from September 1
Ghanaians may have to brace themselves to pay more for utility as tariffs are expected to increase.
According to a report by…
Finance Ministry recovers ¢24.2m tax liabilities from some OMCs, a…
The Revenue Assurance, Compliance and Enforcement (RACE) of the Ministry of Finance has retrieved ¢24.2 million as tax under…
Cedi troubles yet to be over; loses about 7% value to U.S dollar in July
The cedi lost a little over 7% in value to the US dollar in the first month of the third quarter of 2022, taking the year-to-date…
AfCFTA: Trading must resume now —Expert
Nearly two years since the takeoff of the Africa Continental Free Trade Agreement (AfCFTA), not much trade has taken place despite…
US$910m cocoa loan expected in October – Major boost for cedi
THE country’s international reserve is set to receive a major boost as the first tranche (US$ 910 million) of the US$1.3 billion…
55 pesewas out of every 1 cedi tax goes to pay Ghana’s debt
OF every cedi collected in tax revenue this year, more than 55 pesewas will be used to service the debt.
When measured against…
SSNIT saves over GH¢312 million by deactivating 21,337 ‘ghost…
The Social Security and National Insurance Trust (SSNIT) has been able to save GH¢312.27 million as a result of the deactivation…