The Ghana Revenue Authority is allaying fears over the projected loss of revenue from tax collection due to the implementation of the African Continental Free Trade Agreement (AfCFTA) in the short term. According to the World Bank, there will be a decline in port tariffs for member countries, as a result of the trade agreement. […]

Demand for US dollars dipped marginally, according to the latest auction of the American ‘greenback’ by the Bank of Ghana. The data from the Central Bank indicates that demand outstripped supply by $82.75 million. This is compared with $84.5 million recorded two weeks ago and $105.25 million a month past. According to the result of […]

The 2021 Auditor General’s Report has identified 6,856 companies, business entities and individuals owing an amount of ¢111.652 million in corporate and individual income taxes for 2019, 2020 and 2021 years of assessment. The Auditor General therefore urged management of the Ghana Revenue Authority to increase its enforcement role to collect all the outstanding tax […]