Ghana Gas saves $3m monthly after local engineers takeover from Chinese

Ghana Gas saves m monthly after local engineers takeover from Chinese

The Ghana National Gas Company Limited has revealed that it has saved the country about 3 million dollars per month through its localized operations. The State Company maintains that since local engineers took over active operations from the Chinese, it has recorded significant gains that protect the national purse from avoidable waste. Speaking at the State agencies report, a press engagement platform put together by the State Interests and Governance Authority (SIGA) in collaboration with the Ministry of Information on Wednesday, January 11, 2023, the Chief Executive Officer of the…

IMF move at risk if debt exchange fails – Joe Jackson

IMF move at risk if debt exchange fails – Joe Jackson

A Financial Analyst, Mr Joe Jackson has said Ghana risks losing the support it is seeking from the International Monetary Fund (IMF) if the domestic debt exchange programme does not go through. He explained that if the debt exchange fails, the country would not be able to achieve the debt sustainability, which is a requirement that the IMF is looking out for. Speaking on the Ghana Tonight show with Alfred Ocansey on TV3 Wednesday January 11, he said “if we don’t get this debt exhange programme through then we will not be…

1% E-levy: GRA to reimburse customers wrongfully overcharged

1% E-levy: GRA to reimburse customers wrongfully overcharged

The Ghana Revenue Authority (GRA) has assured to reimburse mobile money customers who are wrongfully overcharged following the implementation of the 1 percent levy on electronic transfers. The reduction of the Electronic Transfer Levy (E-Levy) from 1.5 to 1 percent commenced on Wednesday, January 11. The reduction of the levy was made known in the 2023 Budget and Economic Policy Statement presented on the floor of Parliament last year by the Finance Minister, Ken Ofori-Atta. A Member of the E-levy Technical Committee GRA, Opoku Afriyie Asante said adequate measures have…