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Gov’t suspends VAT on electricity policy

Government through the Finance Ministry has directed ECG and NEDCo to suspend the implementation of the proposed 15% VAT on electricity consumption. The move to impose a tax on the consumption of electricity by residential customers has received stiff opposition from various quarters. Organised Labour gave government January 31 ultimatum to withdraw the insensitive tax…

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Diligently follow bailout programme guidelines – IMF to Ghana

The International Monetary Fund (IMF) has emphasised the importance for Ghana to stay committed to its bailout program to fully realize its benefits. The Bretton Woods Institution stressed the need for effective implementation of structural reforms, especially following the disbursement of the $600 million second tranche to the government. However, Ghana’s efforts to engage the…

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Cancellation of New Africa Foundation Convention was due to ‘unforeseen state event’ – Government clarifies

The Diaspora Affairs Directorate at the Office of the President has provided clarification on the abrupt cancellation of The Convention 2024, organized by the New Africa Foundation. Despite receiving approval in November 2023, the organisers were instructed to call off the event, prompting confusion and disappointment. According to Dr Nadia Adongo Fynn, Deputy Director of…

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