Home / Lead (page 2)

Lead

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 »

Ghana’s domestic debt up 20%

Ghana’s economy is still struggling with headwinds as the country’s domestic debt goes up by 20.1 per cent, according to the Bank of Ghana. The country’s total public debt as at November 2017 was GH¢138.8 billion, which is 68.7 per cent of GDP and increase from GH¢122.6 billion which is …

Read More »

Bank of Ghana maintains policy rate at 20%

Bank of Ghana kept its benchmark interest rate unchanged at 20 per cent on Monday, citing the need to keep inflation within its medium-term target of 8 per cent plus or minus two percentage points. Governor of the Bank, Dr Ernest Addison told a news conference that while inflation expectations …

Read More »

Fragile growth, fiscal challenges drive negative outlook for sub-Saharan Africa economies in 2018 – Moody’s

The World Bank projects economic growth in sub-Saharan Africa to continue to rise to 3.2 per cent in 2018 and to 3.5 in 2019, on the back of firming commodity prices and gradually strengthening domestic demand. However, it adds that growth will remain below pre-crisis averages, partly reflecting a struggle …

Read More »