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Court Reschedules Salomey Baffoe’s Bail Hearing to September 24

Court Reschedules Salomey Baffoe’s Bail Hearing to September 24

The High Court in Accra has adjourned the bail hearing involving Salomey Baffoe, who has been accused of abetting the publication of false information by social media personality Ghana Jollof, to September 24, 2026.The adjournment followed a request by the prosecution for additional time to respond to the defence’s application for bail.An Assistant State Attorney, Carl Afedzi Forson, told the …

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TOR’s Legacy Debt Set for $120m Reduction Under 2026 Budget

The Ministry of Finance is expected to write off approximately US$120 million of the Tema Oil Refinery’s (TOR) legacy debt as part of efforts to reduce the financial burden on the state-owned refinery.TOR Managing Director Edmond Kombat disclosed this during a working visit by Parliament’s Energy Committee.According to him, the refinery’s outstanding legacy obligations currently stand at about US$400 million …

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GRA Plans to Cut VAT Gap by Half by 2028

GRA Plans to Cut VAT Gap by Half by 2028

The Ghana Revenue Authority (GRA) says it is targeting a significant reduction in the country’s Value Added Tax (VAT) gap, from the current 60% to about 30% by the end of 2028.Commissioner for the Domestic Tax Revenue Division of the GRA, Dr Martin Kolbil Yamborigya, said the target forms part of the Authority’s VAT Strategic Plan aimed at improving compliance …

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