foot shot Why is Ghana’s fintech tax not finding favour? With its new fintech tax, Ghana will slow down anti-poverty effects of money transfer within the country, boost inflation and stifle innovation, ... argues Bright Simons.
Mixed Feelings Ghana: Will new government plan break curse of failed employment programmes? The Ghana government is introducing a new GHS1bn ($141m) employment programme dubbed ‘YouStart’ with the hope of arresting the worsening ... situation of youth unemployment in the country. Within three years, one million jobs are expected to be created. However, with a trend of failures for similar past initiatives, is there any guarantee of success for this new initiative?
lazy generalisations Covid-19 in Africa: Kenya, Côte D’Ivoire and Ghana disprove generalisations At the height of the pandemic, it was widely predicted that Covid-19 would be an ‘economic calamity’ for Africa. Yet, fast forward a year ... later, and while it is true that some African countries are still struggling with recovery, some of the continent’s nations have bucked the predictions and shown surprising resilience in the face of global pressures.
sound cedi? Ghana faces tough decisions to prop up Africa’s worst-performing currency The slide of the Ghanaian cedi against the dollar in early 2022 suggest tough decisions are urgently needed to limit the impact on an already ... fragile economy.
TECH CHAMPIONS Chipper Cash: American network, African success Article 5/11 of "Top 50 tech champions"
Executive dilemma Ghana: Government risks re-opening land borders as economy tumbles Two years after Nana Akufo-Addo closed Ghana's borders, the President is under pressure to re-open them, as the economy struggles to recover ... post-pandemic.
extra cash Ghana goes after Google, Netflix, Amazon with digital tax Ghana is targeting digital players like Netflix, Alibaba, Amazon, Google and online betting platforms for taxes to raise additional revenue ... for its cash-strapped economy.
Currency power Ghana: Biggest interest hike in 20 years by Central Bank to slow rampant inflation Ghana's Central Bank has raised its interest rates by 17%, in a move to slow rampant inflation, as the government tries to push citizens and ... companies to adopt the eCedi.
GAINS AND GRAINS Ghana and Nigeria run the great rice race The friendly rivalry between fellow west African countries – Ghana and Nigeria – over the national qualities of their jollof rice is getting ... deadly serious. Rocketing fertiliser and fuel prices, a by-product of the war in Ukraine, are driving up the cost of food, both imported and locally grown.
supreme judgement Ghana: Landmark ruling breaks deadlock on passage of E-levy bill A 30-year-old rule in Ghana’s parliament has been deemed unconstitutional, thereby giving space to Deputy Speakers to vote on key decisions, ... particularly the government’s proposed tax on electronic transactions that has divided the house for months.
Magic circle Ghana: Who’s who in the Asantehene Otumfuo Osei Tutu II’s inner circle? Ghana's fearless king of the rich and historic Ashanti Kingdom, Otumfuo Osei Tutu II, barely speaks in public and whenever he does, it sets tongues ... wagging. We dive into the heart of the Manhyia Palace.