Economy

Here’s how electricity tariffs have changed in the last 10 years

The Electricity Company of Ghana (ECG) has proposed a 148% increase in electricity tariffs. According to the ECG, the increment is to cover 2020 to 2022, a period that has not witnessed any increase...

#BawumiaSpeaks: Here are the false, misleading claims in the Veep’s economy speech

Yesterday, Vice President Dr Mahamudu Bawumia addressed an auditorium packed with top government officials, the media, party leaders and the tertiary students wing (TESCON) of the governing New Patriotic Party (NPP). While his presentation was...

E-levy: This is what happened when other African countries passed it

The finance minister, Ken Ofori Atta, announced the government’s intention to introduce the Electronic Transactions Levy (E-levy) in November last year at the reading of the budget statement for the 2022 financial year. ‘’After considerable...

FACT-CHECK: Did the NDC plan to introduce E-levy?

The Minister of Finance and Economic Planning, Ken Ofori-Atta, has claimed that the National Democratic Congress (NDC) had planned, in the party’s 2020 manifesto, to introduce an electronic transactions levy (e-levy). He said this at...

E-Levy town hall meeting: Ursula Owusu’s claims on UK digital tax completely false

At a town hall meeting in Koforidua on Thursday, January 27, 2022, Communications Minister Ursula Owusu-Ekuful said Ghana’s electronic transactions level (e-levy) was lower than the rates of digital taxes in other jurisdictions, particularly...

Misleading! Ghana has NOT been Downgraded to Low Income Country

It emerged yesterday (April 12, 2021) on various social media pages that Ghana has been downgraded from a lower-middle-income country to a low-income country. The claim was shared by many social media handles, notable among...

Misleading! Ghana has NOT Returned to HIPC

Over the weekend, news emerged on various social media platforms suggesting that Ghana has returned to the Heavily Indebted Poor Country (HIPC) programme of the International Monetary Fund (IMF) and World Bank. The news has...

Economic Growth: Ghana’s GDP Growth Rate Under Mahama and Akufo-Addo. Here are the Facts

The argument of who are better managers of the economy, between the governing New Patriotic Party (NPP) and leading opposition National Democratic Congress (NDC), is central to the campaign messages of the two main...