10 h. ago Ghana Eyes 0.6% GDP Revenue Boost with Tax Enforcement, Says World Bank

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-eyes-0-6-gdp-revenue-boost-with-tax-enforcement-says-world-bank/Ghana could increase government revenue by at least 0.6% of GDP next year if it fully implements tax measures in its 2025 budget, the World Bank stated in its latest economic update. World Bank Country Director Robert Taliercio presented the projection in Accra, linking it directly to fiscal targets under Ghana’s IMF-backed reform program. He […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-eyes-0-6-gdp-revenue-boost-with-tax-enforcement-says-world-bank/

Events

13 h. ago Ghana Revamps VAT System and Tax Dispute Resolution in Major Reform Push

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-revamps-vat-system-and-tax-dispute-resolution-in-major-reform-push/Ghana Revenue Authority (GRA) Commissioner-General Anthony Kwasi Sarpong has announced sweeping reforms to modernize tax administration, including the long-pending rollout of the Fiscal Electronic Device Act (Act 966) and a major overhaul of Value Added Tax (VAT). The changes aim to boost compliance, reduce business costs, and foster a more collaborative taxpayer relationship. Speaking during […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-revamps-vat-system-and-tax-dispute-resolution-in-major-reform-push/

Politics

14 h. ago Ghana Urged to Double Tech Funding and Offer Tax Breaks in 2026 Budget

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-urged-to-double-tech-funding-and-offer-tax-breaks-in-2026-budget/A leading tech expert is pushing Ghana to dramatically increase its innovation spending and introduce new tax incentives in next year’s budget. Dr. Eugene Frimpong, a data and AI specialist, argues the country should allocate at least 1.5% of GDP to technology—more than double the current 0.6%. Ghana’s present investment falls short of Africa’s 0.8% […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-urged-to-double-tech-funding-and-offer-tax-breaks-in-2026-budget/

Events

48 h. ago World Bank projects 0.6% GDP revenue boost if Ghana fully implements 2025 tax measures

The World Bank has projected that Ghana could gain additional revenue equivalent to at least 0.6 percent of GDP in 2025 if the government fully implements the revenue measures outlined in the 2025 budget. According to the World Bank’s latest Ghana Economic Update report, the projected increase is in line with the targets of the […]

Politics

3 d. ago Ghana Grapples with GH₵5 Billion Tax Exemption Cost Amid Jobs Crisis

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-gh%e2%82%b55-billion-tax-exemption-cost-amid-jobs-crisis/Ghana is sacrificing nearly GH₵5 billion in potential tax revenue annually through exemptions, even as the nation struggles with high unemployment and urgent fiscal pressures. The government forfeited roughly GH₵4.6 billion in 2023 under the Ghana Exemptions Act, 2022 a slight dip from GH₵4.8 billion in 2022 but still equivalent to about 3.9% of GDP, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-grapples-with-gh%e2%82%b55-billion-tax-exemption-cost-amid-jobs-crisis/

Economics

8 d. ago Ghana Leaders Demand Policy Unity to Turn Rate Cuts into Real Growth

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/Top bankers, businesses, and the central bank are urging Ghana’s policymakers to forge stronger links between interest rate reductions and fiscal reforms. At a high-level forum in Accra, stakeholders agreed that the Bank of Ghana’s recent monetary easing while positive,won’t translate into broad economic gains without coordinated tax relief, infrastructure spending, and private-sector support. Hosted […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-leaders-demand-policy-unity-to-turn-rate-cuts-into-real-growth/

Politics

9 d. ago GRA Challenges NIA Over Tax Verification System Disconnection

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gra-challenges-nia-over-tax-verification-system-disconnection/Ghana Revenue Authority (GRA) has rejected claims of unpaid fees by the National Identification Authority (NIA), calling its sudden disconnection from the Identity Verification System (IVS) “unexpected” and the alleged debt “questionable.” The move disrupts Ghana Card-linked taxpayer authentication, a cornerstone of the country’s digital tax infrastructure. In a formal statement, GRA acknowledged “legacy debt” […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/gra-challenges-nia-over-tax-verification-system-disconnection/

Politics

9 d. ago Government Ties Mining Lease Renewals to Community and Compliance

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/government-ties-mining-lease-renewals-to-community-and-compliance/The Government of Ghana will now evaluate lease extensions for mining companies based on their social, financial, and environmental performance, Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah announced during a site visit in Tarkwa. According to the Minister, future contract renewals will depend on how firms have honoured technical commitments, fulfilled tax obligations, and […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/government-ties-mining-lease-renewals-to-community-and-compliance/

Politics

1 week ago Ghana Tax Authority Locked Out of National ID System Over Unpaid Debt

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-tax-authority-locked-out-of-national-id-system-over-unpaid-debt/Ghana’s National Identification Authority (NIA) has severed the Ghana Revenue Authority’s (GRA) access to its critical Identity Verification System Platform (IVSP), citing an unsettled debt of GH¢376.7 million. The suspension, effective August 1, 2025, follows months of ignored payment demands and warnings, described by the NIA as a “last resort” action. In a July 29 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-tax-authority-locked-out-of-national-id-system-over-unpaid-debt/

Economics