About 1.5 million out of the six million eligible Ghanaian taxpayers pay tax, allotting Ghana one of the lowest tax to Gross Domestic Product (GDP) ratio in Africa. Ghana, therefore, has a lot to do to meet the Sub-Saharan average target of 17 percent which is above the nation’s 13 percent mark as her various governments have […]
As part of measures to ensure the economy has a stable local currency for the year, and especially in the first quarter when demand for forex is high, the Bank of Ghana plans to inject a whopping US$775million through its FX forward auction programme to achieve this objective. Out of this amount, US$50million will be pumped into[…..]
Improved investor sentiment is reflecting in a bullish stance of the Ghana Stock Exchange (GSE), as investors keenly look to take advantage of the current undervaluation of equities, analysts have said. The bullish run began in the fourth quarter of last year and gained momentum after the December general elections, which returned incumbent President Nana Akufo-Addo to[…..]
