Recent Posts

Spare Parts Industry Anticipates Economic Boost with Proposed Flat Rate Tax

By: Ruth Tang The Abossey Okai Spare Parts Dealers Association have voiced their support for the NPP Presidential candidate, Dr Mahamadu Bawumia for his proposal to implement a flat rate tax on spare parts imports, following his recent announcement of policies, on Wednesday 7th February 2024 at the University of Professional Studies, Accra. They emphasized its potential to benefit both …

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The Economy does not meet the threshold of Tax to GDP ratio

By: ANFRED Mr. Francis-Timore, a tax consultant, is unsurprised by the country’s high tax levels. He also believes that COVID-19 has exposed the weaknesses in the Ghanaian economy. As per his statement, every country in the world is expected to maintain a tax-to-GDP ratio of at least 15%. However, the Ghanaian economy is currently struggling to even pay the salaries …

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‘The policy clash’ between Dr. Bawumia and John Mahama

By: Atwumaa Agnes Economic policy plays a crucial role in shaping Ghana’s development for the foreseeable future. The country’s economy is facing several challenges, such as high inflation, slow growth, and a considerable debt burden. However, Ghana has a strong foundation, with a dynamic and young population, rich natural resources, and a diverse economy. It’s important to keep in mind …

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