Home / Lead (page 2)

Lead

World Bank report finds rise in global wealth, but inequality persists

A new World Bank report says global wealth grew significantly over the past two decades but per capita wealth declined or stagnated in more than two dozen countries in various income brackets. Going beyond traditional measures such as GDP (Gross Domestic Product), the report available to the Ghana News Agency …

Read More »

Ghana tops Africa in 2018 Rule of Law Index

Ghana is the best performer in sub-Saharan Africa in the 2017-2018 Rule of Law Index released Wednesday January 31, 2018 in Washington DC. The Index by the World Justice Project (WJP) an independent, multidisciplinary organization working to advance the rule of law around the world, and ranks 113 countries of …

Read More »

Moody’s predicts low profits for Ghanaian banks

Ghana’s 36 commercial banks may have to do a bit more this year if they must return to efficiency and profitability following declined revenue in 2016 and 2017, the ratings agency, Moody’s has said in a report copied to ghanabusinessnews.com. The research arm of the agency, Moody’s Investors Service in …

Read More »

Switzerland, US top global 2018 Financial Secrecy Index

The three countries topping the 2018 Tax Justice Network’s Financial Secrecy Index (FSI) are; Switzerland, the United States and the Cayman Islands. The Index released today January 30, 2018 shows Switzerland on top, followed by the US and in third place is the Cayman Islands. According to the Tax Justice …

Read More »

Ghana tops number of applications in US Diversity Visa Lottery again in 2017

Ghanaian applicants for the United States (US) Diversity Visa Lottery Programme in 2017 have topped again, the list of applicants from all over the world with over 1.5 million applications. In 2015, Ghana topped the list of applicants with 1.73 million applicants. The Programme was established by the Immigration Act …

Read More »

Need for more taxes to fund NHIS – Dr Baah

Dr Yaw Baah, Secretary General of the Trades Union Congress, has advocated the need for the citizenry to pay higher taxes to fund the National Health Insurance Scheme (NHIS) to make it more functional. He recounted his experiences on better healthcare systems in Norway and the United Kingdom saying healthcare …

Read More »

African leaders asked to set strong example against corruption

African leaders have been called upon to lead in setting good examples in the anti-corruption fight. The political economy of most African countries are beset with corruption –  which has been identified as a canker against progress. Speaking to journalists at the 30th African Union (AU) Summit in Addis Ababa, …

Read More »

Vodafone has similar tax strategies in Australia and Ghana

There appears to be similarities in the tax strategies of Vodafone in Australia and Ghana – two countries on different continents with different tax systems. A tax strategy is what companies use to reduce their tax liabilities. In Australia the mobile provider is known as Vodafone Hutchison while in Ghana …

Read More »

Ghana government asked to make ExxonMobil contract public

The Ghana government has been asked to make public the recent contract it signed with ExxonMobil to enable Ghanaians determine the benefits and effects . Speaking to the New Crusading Guide in an exclusive interview, Dr Steve Manteaw, a policy analyst with the Integrated Social Development Centre (ISODEC) indicated that …

Read More »

Former boss of NCA didn’t follow due process – Witness

Mrs Abena Asafo-Adjei, the Director, Legal and Administration, National Communication Authority (NCA) said the former Director General of the authority although had the mandate to execute contracts for NCA, he did not follow due process. Answering questions under cross examination administered by Mr Reindolph Twumasi, a lawyer for George Derrick …

Read More »