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Gov’t funding Ghana Amalgamated Trust – Minority

The Minority in parliament is accusing government of funding the Ghana Amalgamated Trust (GAT) contrary to claims it is a private vehicle. The minority says is pumping GHC800 million of taxpayers’ money into funding the Ghana Amalgamated Trust in clear breach of the law establishing GAT. Addressing the media in...

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I Didn’t Escape Ghana – NAM1

Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah, has indicated that he did not escape from Ghana contrary to media reports. There had been media reports last year in the wake of the media Menzgold scandal that he had jumped bail to Nigeria and then subsequently to...

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PDS saga: Government has questions to answer – ACEP

Government officials who played a role in the agreement signed between the Power Distribution Services (PDS) Limited and the government of Ghana, have questions to answer in relation to the national power supply takeover by the private firm from the Electricity Company of Ghana, Mr Charles Ofori-Gyamfi, a Principal Research...

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Govt withdraws Vehicle Luxury Tax

Government has withdrawn the luxury vehicle tax which was introduced last year. The Minister of Finance, Ken Ofori Atta, made this known Monday when he presented the mid-year budget review in Parliament. He said, “We have noted suggestions from the general public on the implementation of this tax. As a...

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Gov’t Seeks GH¢ 6.3 bn In Supplementary Budget

Finance Minister, Ken Ofori Atta, has finally commenced the presentation of the 2019 Mid-Year Budget Review. The presentation was scheduled for 10:00am but was delayed for over three hours due to Parliament’s deliberation of the Bill on the election of MMDCEs. Scores of aggrieved customers of Gold Coast Securities and...

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Review And Supplementary Budget For Monday

Finance Minister Ken Ofori Atta would next Monday, July 29 seek parliament’s approval to spend additional revenue realized. This would be in addition to Mid-Year Review that the minister is required to present to parliament under the Public Financial Management Act. Deputy Minister of Finance Kweku Kwarteng who disclosed this...

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