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GRA Raises Alarm Over Businesses Collecting VAT but Failing to Pay Government

The Ghana Revenue Authority (GRA) has raised concerns over persistent value-added tax (VAT) compliance challenges among businesses, with some firms allegedly collecting the tax from customers but failing to remit the proceeds to the government. Commissioner-General of the GRA, Anthony Kwasi Sarpong, said the situation remains a significant challenge to Ghana’s efforts to improve domestic revenue mobilisation. Speaking at the …

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Ghana’s Producer Price Inflation Rises to 4.0% in July 2026

Ghana’s producer price inflation increased to 4.0% year-on-year in July 2026, up from 3.5% in June, driven largely by rising gold prices and continued increases in utility costs. Data from the Ghana Statistical Service (GSS) show that producer prices rose by 2.0% month-on-month in July, reversing the 3.7% decline recorded in June. The Producer Price Index (PPI) also increased to …

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Sammy Gyamfi Blames NPP-Era Policy Design for BoG’s DGPP Losses

Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has attributed losses recorded by the Bank of Ghana (BoG) under the Domestic Gold Purchase Programme (DGPP) to the policy framework introduced by the previous New Patriotic Party (NPP) administration. Mr Gyamfi said the financial losses associated with the programme should not be viewed as evidence of mismanagement, incompetence …

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Sammy Gyamfi Accuses Afenyo-Markin of Peddling ‘False Narrative’ on GoldBod Losses

Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has hit back at Minority Leader Alexander Afenyo-Markin over his claims regarding GoldBod’s operations, describing the arguments as “bereft of facts and common sense.” The comments come after the Minority in Parliament accused GoldBod of failing to account for losses linked to gold trading operations while taking credit for …

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Sammy Gyamfi Challenges Afenyo-Markin to Invite Him to Parliament Over GoldBod Loss Claims

Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has challenged Minority Leader Alexander Afenyo-Markin to invite him to Parliament to respond to allegations that the state gold trading institution incurred significant losses from its operations. Mr Gyamfi said he was ready to appear before Parliament at any time to demonstrate that claims linking GoldBod to losses under …

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Russia-Ukraine War: 62 Ghanaians Confirmed Dead, 15 Still Missing – Ablakwa

Foreign Affairs Minister Samuel Okudzeto Ablakwa has revealed that 62 Ghanaians have so far lost their lives after travelling to Russia, while 15 others remain missing amid the ongoing Russia-Ukraine war. Mr Ablakwa disclosed the figures in Moscow after holding bilateral discussions with Russian Foreign Minister Sergei Lavrov. In a post on X following the meeting, the Minister expressed concern …

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Police Debunk Flyer Claiming AirPods, Earphones Banned While Driving

The Ghana Police Service has urged the public to disregard a flyer circulating on social media claiming that the use of AirPods, earphones and other audio devices while driving or riding is prohibited by law. In a Facebook post on Tuesday, August 18, the Police clarified that the flyer was neither issued nor authorised by the Service. The Police said …

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Afenyo-Markin Accuses Chief Justice of ‘Grand Conspiracy’ Against Torkornoo

Minority Leader in Parliament, Alexander Afenyo-Markin, has accused Chief Justice Paul Baffoe-Bonnie of being part of what he describes as a “grand conspiracy” that led to the removal of his predecessor, Justice Gertrude Torkornoo. According to the Effutu MP, some Supreme Court judges, including Justice Baffoe-Bonnie, deliberately worked against Justice Torkornoo in an alleged attempt to pave the way for …

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