Author: nkedumfotwe

News going around last week says there is a new tax on digital services. These services supposedly include some popular ones like Netflix, Apple Music, Spotify, and Snapchat. The Ghana Revenue Authority (GRA) came out, however, to make it very clear that this was not a new tax on these digital services. What is going…

On Monday, October 5, 2026, the Bank of Ghana announced a way for Ghanaian businesses to buy goods from China. They can do so without using the U.S. dollar. Stanbic Bank Ghana will start this new method, and GCB will also soon follow, they announced. What does this mean, and how does it concern me?…

Over the past few weeks, we have been hearing, reading, and watching news about illicit drug busts in several developed countries. These countries have mentioned Ghana as a major transit hub for these drugs. They are not claiming the drugs originate from Ghana. However, many drugs destined for their country pass through Ghana, and this…

Over the past week, we have seen several letters released to the public by the National Communications Authority (NCA). These letters are talking about giving licences to some companies to expand 5G services in Ghana. The letters may be technical and hard to understand, but what we want to know is: how will it affect…

Debt exchange is a hard thing. Going back to tell the ones you borrowed from that you cannot pay back and asking them to accept new repayment terms is truly not easy. What’s more, we don’t borrow from one source, but from different sources. Thus, even though we have renegotiated some of our debt, there…

On Monday, July 6, 2026, the Ministry of Finance announced that Ghana had settled a $700 Million Eurobond. What is that, and how does it concern you? Let’s break down the letter and see how it affects you. What is a Eurobond? First of all, the name Eurobond is very misleading. It doesn’t always mean…

Floods Floods. This is when water abnormally gathers in an area that is usually dry. Well, the same thing is happening in Ghana this year. Somewhere in May, heavy rains hit many parts of the country. The heavy rains caused a lot of flash floods in many towns and city areas. Flash floods are usually…

Over the past few months, words like leases, licences, and rejections have been flying around in headlines about Ghana’s mining sector. OPE, what’s going on? This particular story is about Gold Fields, one of the world’s largest gold mining companies, and its Damang mine in the Western Region. A 30-Year Relationship In April 1995, the…