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Monthly Archives: November 2018

Gov’t imposes 30% tax on income earners above GHC20,000

As part of measures to raise more revenue to meet its revenue target for the 2019 fiscal year, government has reviewed upwards the high net worth income tax imposing 30% tax on income earners above GHC20,000. Government in the mid-year ...

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Collapse of Seven Banks cost gov’t GH¢9.9bn – Ofori Atta

The Finance Minister, Ken Ofori Atta, has disclosed that the collapse of seven banks – unibank, Beige Bank, Sovereign Bank, Construction Bank, Royal Bank, Capital Bank, UT Bank – has cost the state an amount of GH¢9.9 billion. He said ...

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2019 budget: Gov’t has paid 92% of DKM claims – Ofori Atta

Minister of Finance, Ken Ofori Atta has announced that Government has initiated measures to repay deposits of all customers of defunct DKM microfinance. The Minister who made the disclosure in Parliament during the presentation of the 2019 Budget on Thursday ...

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National Cathedral: Govt to provide “seed money” – Ofori Atta

Minister of Finance Ken Ofori Atta has revealed that the Akufo Addo administration will provide the seed money for the construction of the controversial National Cathedral. Government had earlier insisted that it was only facilitating and providing land for the ...

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Journalist interdicted for alleged blackmail, Extortion

Nana Okyere Gyampa, a Journalist accused of extortion and blackmail has been interdicted by his employers, Class Media Group after his case was referred to the Police CID on Wednesday by the Ghana Journalists Association(GJA) for further investigations. A Press Statement ...

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Finance Minister presents 2019 Budget today

Finance Minister, Ken Ofori Atta will later today present the 2019 Budget and Financial Statement to parliament. The practice is in accordance with Article 179 of the 1992 Constitution. The Budget to be presented today, Thursday, November 15, 2018 will ...

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Ignore ‘homewrecker’ NAYAS – Apostle Prah’s wife

Wife of Apostle John Prah, Mrs. Rita Prah has responded to a trending engagement shoot of her husband in a romantic pose with actress NAYAS. The worried spouse of the popular actor who after several calls and messages from close friends, family members ...

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Investigate Journalist over GH¢5m bribe – GJA to CID

The Ghana Journalists Association has referred to the Police CID for further investigations an alleged case of extortion and blackmail by a Journalist. The reporter of Accra FM, Nana Okyere Gyampa, is alleged to have persistently demanded five million cedis ...

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Check frequent meetings and travels by Boards members – OccupyGhana urges govt

The pressure group, OccupyGhana, has urged the government to be vigilant about the frequent meetings and travels by some boards and board committee members of state institutions, as such practices drain the state of its limited resources. The Ministry of ...

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Creation of New Regions: Supreme Court sets Nov. 28 for ruling

A seven member Supreme Court panel presided over by Justice Sophia Adeniyira has set the 28th of November 2018, as date for its ruling in the case challenging the constitutionally of government’s decision to create six (6) new regions and ...

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