FDA warns public over expired Charmé juice; distributor arrested

The Food and Drugs Authority (FDA) in collaboration with the Ghana Police Service has retrieved 270 cartons of Charmé sparkling non-alcoholic red and white grape juice from the market. A release signed by the Chief Executive Officer (CEO) of FDA, Delese A. A. Darko disclosed that their action was occasioned through a tipoff by a …

Parliament rejects 2022 Budget after NPP MPs walked out

Parliament has rejected the 2022 budget statement and economic policy of the government following a walkout by NPP MPs. Members on the Majority side of Parliament prior to the rejection of the budget by solely NDC MPs staged a walkout. This followed a disagreement over a directive by the Speaker of Parliament, Alban Bagbin, for …

Deputy Finance Minister hints at review of implementation strategy for e-Levy

A Deputy Minister of Finance, Abena Osei-Asare, has hinted that the government may be reviewing the implementation strategy of the proposed Electronic Transaction Levy (E-Levy) in the coming days.Speaking at a Deloitte Economic Dialogue Webinar on the 2022 budget-themed ‘Digitalisation as a catalyst for economic recovery and growth’, Abena Osei-Asare stressed that government is indeed …

Ghana can create better jobs through accelerated economic transformation – World Bank

Ghana has an opportunity in the coming decades, to accelerate economic transformation and create more and better jobs, after navigating through the heights of the pandemic. It can achieve this through fostering greater global integration, technological transformation, macroeconomic stability, and financial sector development, says the World Bank’s latest economic analysis for the country. The newly …

E-levy is critical for improving Ghana’s tax-to-GDP ratio – Ofori-Atta

The Finance Minister, Ken Ofori-Atta has defended the Electronic Transaction Levy proposed in the 2022 budget, saying it will help lift Ghana’s tax-to-GDP ratio to a level comparable to peer economies in the sub-region. At around 12% in 2019 and 2020, and 13% in 2021, Ghana’s tax-to-GDP ratio remains far below the government’s target of …

Krobo group kicks against introduction of prepaid meters

A group calling itself United Krobo Foundation is demonstrating against plans by the Electricity Company of Ghana (ECG) to introduce prepaid meters in Somanya and its environs. According to the group, prepaid meters cannot be accepted in the area while there is unresolved impasse over billing. Convener of the group , Nathan Boryou, told the …

Ghana’s urban population rises by 11.4% in 11 years

Data from the 2021 Population and Housing Census General Report has revealed that Ghana’s urban population has increased by 11.4 percent between 2010 and 2021. According to the report, Greater Accra, Ashanti, Eastern and Central regions had more than 50 percent of the country’s total population of 30.8 million. Urban population continues to grow, increasing …

UK-based Ghanaian lady jailed 14 years after pouring acid on boyfriend twice

A young Ghanaian lady living in the United Kingdom is to spend the next 14 years behind bars for pouring acid on her boyfriend as he slept in their home in Wembley. Esther Afrifa, 28, is reported by dailymail.co.uk to have bought a litre of sulphuric acid online and left it by her bedside ready …

E-levy will collapse cashless system – Consumer Advocacy Center to Gov’t

A Policy Think Tank, Consumer Advocacy Center (CAC), has predicted that the digital financial ecosystem might fail if the government does not review the GHC1.75 E-levy on electronic transaction downwards. In a statement signed by Director, Communication Affairs for CAC, Benjamin Essuman stated that the 1.7% tax is a disincentive for consumers who are considering …

E-levy won’t discourage people from going cashless – Adu Boahen

Minister of State at the Finance Ministry, Charles Adu Boahen, is confident the introduction of the Electronic Transaction Levy by the government will not discourage Ghanaians from going cashless. The announcement of the new levy was made during the 2022 Budget reading on Wednesday, November 17, 2021, as part of the government’s strategies to widen …