Anthony Kwasi Sarpong, the Commissioner General of the Ghana Revenue Authority (GRA), has said that the agency will start charging the new Value Added Tax (VAT) rate of 20% today, January 1, 2026, instead of the old rate of 21%. He said that the goal of the move is to make it easier for businesses…
Source: JoyNews The policy think tank IMANI-Africa has asked President John Dramani Mahama to make Finance Minister Dr. Cassiel Ato Forson stop being the Acting Defence Minister at the same time. The group warned that merging these portfolios could make it harder to keep an eye on the budget at a time when Ghana’s economy needs…
The Ghana Revenue Authority (GRA) has said that it will start making changes to the value added tax on January 1, 2026. This comes after the VAT Bill 2025 was passed and signed by the President. This change is a big step toward making the country’s tax system easier to understand, combining laws, getting rid…
The government has paid holders of restructured Eurobond US$709 million before the due date. The Finance Ministry said in a statement that this is a big step forward for Ghana’s efforts to recover from its debt and improve its economy. This means that Eurobond holders will get a total of US$1.4 billion in payments in…
The Securities and Exchange Commission (SEC) says that Ghana has seen more than $10 billion in cryptocurrency transactions as of November. This shows how quickly virtual assets are growing in the country. Mensah Thompson, Deputy Director-General of the SEC, talked about how the government regulates digital assets on JoyNews’ The Pulse on Tuesday, January 30….
Starting on January 1, 2026, the prices of petroleum products at the pumps are expected to drop slightly. JoyBusiness has seen the latest outlook report from the Chamber of Oil Marketing Companies (COMAC), which is where the projection comes from. This report helps oil marketing companies decide how much to charge. Expected Decrease The cost…
After the Value Added Tax Act, 2025 (Act 1151) was passed, the Ghana Revenue Authority (GRA) announced major changes to the country’s Value Added Tax (VAT) system. These changes will go into effect on January 1, 2026.The GRA sent a notice to all taxpayers who are registered for VAT saying that the new law makes…
The Ministry of Energy and Green Transition has answered questions from the Public Utilities Workers’ Union (PUWU) about how the Transaction Advisor for the Private Sector Participation (PSP) in the Electricity Company of Ghana (ECG) was chosen. The Ministry made it clear in a press release that the Cabinet, led by President John Dramani Mahama,…
Sammy Gyamfi, the CEO of GoldBod, says he will respond to claims that Ghana’s Gold for Reserves program is losing money on January 5, 2026. The Minority Caucus in Parliament says that the state could lose almost $300 million. On Monday, December 29, 2025, Mr. Gyamfi posted a statement on social media saying that his…
Eric Afful, the head of Parliament’s Economy Committee, said that the reported $214 million “loss” under the Gold-for-Reserves (G4R) program should not be called a loss but a cost of doing business for the Ghana Gold Board (GoldBod). He said this in response to worries raised by the Minority in Parliament about how the program…
