Dr Cassiel Ato Forson, the Finance Minister, has announced that the Covid levy will be abolished. The Finance Minister reiterated the government’s commitment to abolishing the COVID-19 levy. Speaking during the presentation of the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, 2025, Dr Ato Forson stated, “The Covid levy will be abolished. The effective VAT...

The University of Professional Studies, Accra (UPSA), through its Faculty of Management Studies has officially launched the UPSA-1000 project, an initiative designed to groom 1,000 future-ready business leaders for Ghana and the global marketplace. The initiative set to begin September, would bring together renowned business leaders to mentor 1000 young people to set up and...

Stanbic Bank Ghana’s Head of Global Markets, Corporate and Investment Banking, Afua Bulley, has called for a reduction in taxes and fixed-rate charges at ports to combat tax evasion and the proliferation of black markets. According to Bulley, the high duties, charges, and taxes faced by importers drive them to evade these charges by resorting...

The International Monetary Fund (IMF) has revised Ghana’s economic growth forecast for 2025 upwards to 4.4%, signaling renewed optimism in the country’s recovery efforts. In its latest economic outlook released on Tuesday, the Fund also projected a significant drop in inflation to 8%, suggesting that the country is gradually stabilizing after years of economic turbulence. The upward...

The Government of Ghana, under the leadership of President John Dramani Mahama, has reaffirmed its commitment to regional maritime security, economic resilience, and economic cooperation at the 4th International Maritime Defence Exhibition and Conference (IMDEC). Represented by Chief of Staff Hon. Julius Debrah, the message was delivered in a powerful speech that underscored the importance...

The IMF Executive Board has just approved Ghana’s 4th Review under the ECF Programme, clearing the path for a substantial $370 million disbursement!  This landmark approval validates Ghana’s unwavering commitment to fiscal discipline and strategic economic transformation.  Our comprehensive macroeconomic policies and carefully crafted structural reforms are delivering real results that the international community recognizes...