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NLA suspends questionable contracts pending composition of a new Board

In accordance with the National Lotto Act 722 and Lottery Regulations L. I. 1948, the National Lottery Authority (NLA) has suspended all collaboration agreements which do not seem to have received the appropriate Board Approval. This became necessary after the ...

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Parliament to probe collapse of uniBank and UTBank

The Speaker of Parliament, Alban Bagbin has directed the setting up of a 7-member Committee to investigate circumstances that led to the revocation of license for uniBank and UT bank following a petition by former two majority shareholders of the ...

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Govt lauds Parliament for approving 2021 budget

Government has lauded Parliament for approving the 2021 budget statement and economic policy document. Minister for Information, Kojo Oppong Nkrumah who was speaking at the Minister’s press briefing in Accra on Sunday March 21, 2021 said government is grateful to ...

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Duffuor petitions Parliament to probe uniBank collapse

The Founder of collapsed uniBank Ghana Limited, Dr Kwabena Duffuor has petitioned Parliament to investigate circumstances that led to the collapse of the bank by the Bank of Ghana. In a petition to Parliament, Dr Duffuor is asking Ghana’s law-making ...

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Ofori-Atta justifies new taxes by Gov’t

Finance Minister-designate, Ken Ofori-Atta has justified the 1 percent COVID-19 levy introduced in the 2021 budget statement following the agitation over the new tax. Ofori-Atta believes this will among other things prop-up the health system against the pandemic and also ...

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Ghana’s debt stock hits GHC291.6 bn – Mensa Bonsu

The Covid-19 Pandemic has pushed the country’s deficit and debts to worrying levels according to statistics presented in the 2021 Budget statement read in Parliament on Friday 12th March 2021 by the Minister for Parliamentary Affairs, Osei Kyei Mensah Bonsu. ...

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2021 Budget: Arts, Entertainment, and Hospitality get tax break

Government as part of its efforts to lessen the adverse effects of the coronavirus pandemic on companies and recovery the economy from the COVID-19 induced setback has granted tax breaks to companies within the arts, entertainment and hospitality sector. Minister ...

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Caretaker Finance Minister, Mensah-Bonsu presents budget today

The Parliamentary Affairs Minister, Osei Kyei-Mensah-Bonsu is expected to present the 2021 budget statement today, March, 12, 2021. The Suame MP will be holding the fort as Finance Minister-designate Ken Ofori-Atta still undergoes treatment in the USA after contracting COVID-19. ...

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Creative revenue measures needed to solve fiscal slippages – Oppong Nkrumah

Minister for Information, Kojo Oppong Nkrumah has indicated that as part of the post-COVID-19 economic recovery efforts, government is considering rolling out creative revenue mobilization measures to fund its projects. Speaking to journalists in Accra on Wednesday, March 10, 2021 ...

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