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Inflation to fall to 22.4% in January 2024 – Report

Inflation is expected to decline to 22.4% in January 2024 from 23.4% in December 2023, IC Research has predicted in its latest report. According to the research firm, improved foreign exchange outturn in late December 2023 into early January 2024 would sustain the lid on price pressures. “Our forecast shows a …

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TUC gives govt 7-day ultimatum to withdraw VAT on electricity

The Trades Union Congress (TUC) has given the government a seven-day ultimatum to withdraw the imposition of Value Added Tax (VAT) on electricity consumption above lifeline. In a letter dated January 1, Finance Minister, Ken Ofori-Atta, directed the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCO) to implement the VAT, aiming …

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Africa’s unity is a threat to our enemies – Julius Malema

South African firebrand politician Julius Malema has delivered a powerful message during his recent visit to Ghana, emphasizing the urgent need for African unity. In a stirring address, Malema highlighted the enduring challenges faced by Ghana and other African nations in achieving true independence, particularly in the economic sphere. He asserted that …

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