Accra, October 24, 2017//-Domestic passenger throughput for the first nine months of this year has increased by 26 percent – from about 136,731 to 184,772 – following abolition of the 17.5 percent Value Added Tax on domestic airfares.
Tag: Finance Minister
Ghana’s Borrowing Spree…Any Cause for Worry?
Accra, July 31, 2017//-Much has been said about Ghana’s aggressive borrowing spree from domestic and international capital markets since 2016, and deservedly so. The decision to raise capital through the issuance of international bonds, otherwise known as Eurobond, has become a mainstay in Ghana’s borrowing mix.
US$2.25 Billion Bond: Minority Leader Takes on Finance Ministry
The Minority in Parliament has taken note of a statement purportedly issued by the Ministry of Finance which seeks to undermine an earlier Minority statement on the US$2.25 billion BOND.
Tax Exemptions and Reliefs Under the 3-tier Pension Scheme in Ghana
Due to the public’s outcry on pension taxation supposedly mentioned by the Finance Minister, Seth Terkper recently, a leading Ghanaian economist, Dr Raziel Obeng-Okon explains in details on the subject matter.
KPMG Exposes More Rot On Gov’t Payroll
Though numerals are used in creating account numbers, hardly would one come across ‘0’, ‘1’ and the plus and minus symbols such as ‘ +’ ‘-‘ as account numbers, but this is exactly what is happening on the payroll of the Government of Ghana.
‘Nigeria May Be Losing $24.17 Billion Monthly To Falling Oil Prices’
NIGERIA may lose an about $24.17 billion (N4 trillion) within the next one year if crude oil prices fail to rebound.
Analysis: 2015 – Viatical Settlement
What is a Viatical Settlement? A viatical settlement occurs when a person who is chronically or terminally ill sells his or her whole or universal life insurance policy to a third party that maintains the premium payments and receives the death benefit when the insured dies. How does a Viatical Settlement work? Let’s say John Doe has a year to live. He’s decided […]
US$1 Billion Eurobond Missing In 2015 Budget
A renowned Ghanaian economist, Dr Mahamudu Bawumia has asked the government to account for the $1billion Eurobond it issued recently.
Ghana: Minority Walks Out Of Parliament Over Killer Tax
GHANA’S Parliament has passed a bill presented by the Finance Minister, Seth Terkper, that will see an imposition of 17.5 percent tax on petroleum products in the country.