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Ghana to adopt new tax collection system as it exits IMF

The Ghanaian Revenue Authority (GRA) has been asked to put in place an effective tax collection system to make it easier for those in the informal sector to pay their taxes as the gold-rich nation plans to exit from the International Monetary Fund. According to Bloomberg, the West African nation needs to increase revenue as […]

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Togo: Ghanaian president to mediate ‘last chance’ dialogue to resolve crisis

Ghana’s President Akufo-Addo has started mediation for a political dialogue between the Togolese President Faure Gnassingbé and the opposition coalition. Discussions are supposed to resolve the political impasse that has been going on for six months in the tiny West African nation. The 10-day political discussion will be the 27th dialogue since the advent of […]

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Indian telecom operator Airtel shapes Africa exit plan

India’s biggest mobile carrier Bharti Airtel Ltd, which owns telecom assets in 14 African countries, on Wednesday said it is looking at a potential initial public offering (IPO). Bharti Airtel International (Netherlands) BV said the discussion on feasibility of listing its shares on an “internationally recognized” exchange was still in preliminary stage. Bharti Airtel, which […]

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PyeongChang: Meet Africa’s Winter Olympics hopefuls

As the 2018 Winter Olympics kick off this Friday in PyeongChang, eight contingents will represent the African continent with 13 athletes. It is a record high since 1994 when tougher qualifying standards were imposed. This year, winter Olympic’ veterans, Morocco and South Africa, will participate in the competition along with Eritrea and Nigeria, which are […]

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Ghana has ‘no reason’ to return to IMF – President Nana Akufo-Addo

Ghana’s President Nana Akufo-Addo said in his annual state of the nation speech on Thursday that his government had buckled down on mismanagement and will not return to the International Monetary Fund for help. According to Akufo-Addo, the macroeconomic fundamentals are solid and all the critical indices are pointing the West African nation’s economy in […]

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Ghana to build new oil refinery for $4 billion

Ghana is set to establish a refinery in the central region of the West African nation, to refine 150, 000 barrels of oil per-day, Energy Minister, Boakye Agyarko said on Thursday. According to the Minister, the project will reduce significantly, the amount of oil the country imports to meet its demands, and to attain the […]

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Ghana grants refugee status to two ex-Guantanamo detainees

Two ex-Guantanamo Bay detainees transferred to Ghana by the United States in 2016 have been granted refugee status, the government said on Wednesday. The two former Guantanamo Bay detainees, both Yemeni nationals, would have to consent to be moved to a different country, Ghana Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchway, has […]

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Ivorian former defense minister gets 15-year jail term

The former defense minister of Côte d’Ivoire under disgraced ex-president Laurent Gbagbo was sentenced to 15 years in jail on Thursday for conspiring against the government, local media reported. Moise Lida Kouassi, who appeared in court along three other defendants, was convicted of “conspiring to destroy or change the constitutional system”. The court ruled that […]

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Ghana’s economy back on track – President

President Akufo-Addo of Ghana on Wednesday said he spent the past year stabilizing the economy, including clearing huge debt deals signed by his predecessor. The President who was speaking to the media on Wednesday, to mark his one year in office, said it has taken a lot of hard work from his economic team, led […]

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Ghana: Three suspects arrested, ammunitions seized

Following the arrest of three men and the seizure of various kinds of explosives in the Ghanaian capital, Accra, on Monday, the police have called the public to provide any information they may have on the suspects. Police has assured citizens regarding their safety as it commences investigations into how the Ghanaians, including an ISIS […]

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