LAARY WATCH

 Results from Ghana’s 2024 pre-budget survey show businesses look forward to the budget considering initiatives that review certain tax policies and reduce inflation to lessen economic impacts.  The findings also call for the need to invest in advancing the Sustainable Development Goals (SDGs), particularly those relating to education, health, and economic prosperity to leave no one behind.  The pre-budget survey results were released by KPMG and the United Nations Development Programme (UNDP) in Ghana.  The survey solicited views from businesses across several industries on the impact of existing policies on their businesses and provided key recommendations to the Government through the Ministry of Finance to be considered in the upcoming budget and subsequent budget cycles. The national budget remains a key policy document for the implementation of various policy reforms and other policy measures in the country. “We hope the insights from the survey will help the G...

Mr. Francis Abudu Zimmaleh, a chartered accountant and consultant, has emphasised the potential impact of the 24-hour economic policy concept on Ghana's financial sector. He suggests that it should be free from political influence and thoroughly examined to ensure its effective implementation. The economic strategy seeks to expand the operating hours of businesses across various sectors, going beyond the traditional 9 a.m. to 5 p.m. working hours. According to its supporters, the initiative is anticipated to boost financial and economic activities, resulting in the generation of additional employment opportunities. During an interview, Mr. Zimmaleh emphasised the advantages of the strategy, including reducing operational costs, fostering financial innovation, addressing regulatory and infrastructural obstacles, and enhancing financial stability and inclusion. He believes that implementing the policy will effectively tackle the economic challenge of time differences with other natio...

The management and children of Teshie Orphanage were overjoyed and thrilled when Afriwave Telecom Ghana Limited upgraded their library to a modern standard and provided it with state-of-the-art learning equipment. Afriwave, a local company in Ghana, took the initiative to renovate the library and equip it with a thousand bookshelves and six desktop computers, along with a one-year internet subscription. In a statement, Mr. Lord Aboagye, Corporate Affairs Officer of Afriwave Telecom Ghana, emphasised the significant impact that upgrading the Orphanage Library into a cutting-edge facility would have on the children.  The initiative showcases Afriwave Telecom's dedication to assisting and enhancing educational resources for individuals facing disadvantages. Mr Francis Poku, Deputy Chief Executive Officer of Afriwave Telecom, emphasised that the library refurbishment was a crucial step towards the company's goal of making a lasting difference in the lives of underprivileged childre...