President Mahama announces a bill to guarantee cocoa farmers 70% of world market prices and mandate 50% local cocoa processing to create jobs

Speaker Bagbin clarifies Ghana’s Anti-LGBTQ+ Bill is not law yet, explaining assent process, rescission powers and Parliament’s correction procedures

Speaker Alban Bagbin says he is not President Mahama's appointee, stressing his loyalty is to Parliament, the Constitution and Ghana

NAIS to picket Education Ministry June 11 over GH¢50m unpaid Free SHS supplier debt despite govt assurance

Minority Leader Afenyo-Markin opposed Parliament's adjournment, insisting lawmakers debate a long-standing motion on mass public sector dismissals and rising unemployment concerns

Chairman Wontumi seeks plea bargain with the Attorney-General regarding a GH¢30 million financial loss case involving GEXIM Bank and fraudulent farm claims.Chairman Wontumi seeks plea negotiations with the Attorney-General regarding a GH¢30 million financial loss case involving GEXIM Bank and fraudulent farm claims

Edwin Nii Lante Vanderpuye plans to resign as DRIP Coordinator to contest the NDC National Chairmanship, provided incumbent Johnson Asiedu Nketia does not seek re-election

Kojo Oppong Nkrumah warns youth unemployment is worsening in Ghana, urging practical job creation strategies as nearly two million youths remain idle

GFIM trades GHS 2.10bn as DDEP bonds dominate with 55.1% share. Treasury bills follow; no corporate bonds traded

Bank of Ghana absorbs GH¢17.24bn via 14-day bills to tighten liquidity, curb inflation, and support currency stability

Ghana's gold output surges 23% to nearly 6m ounces in 2025, driven by small-scale mining boom, Chamber of Mines reports

GRA targets GH¢310bn tax revenue by 2028 as digital compliance expands The Ghana Revenue Authority is targeting more than GH¢310 billion in tax revenue by 2028 as it intensifies digital compliance reforms, broadens the tax net and seeks to strengthen Ghana’s domestic revenue mobilisation capacity. Commissioner-General of the GRA, Anthony Kwasi Sarpong, announced the target at the 10th Ghana CEO Summit in Accra, where he said the Authority’s renewed strategy is anchored on tax reforms, technology-driven compliance systems and stronger collaboration with the business community. According to him, Ghana’s low tax compliance culture has placed an unfair burden on a limited number of compliant businesses and individuals, making it necessary for the Authority to deploy digital tools capable of improving accountability and expanding revenue collection. He said increasing domestic revenue mobilisation has become critical to Ghana’s economic sovereignty, particularly at a time when the country is seeking to consolidate macroeconomic stability and reduce dependence on external support. “We don’t have a choice. We must raise this revenue,” Mr Sarpong said while outlining the Authority’s medium-term revenue projections. The Commissioner-General disclosed that the GRA exceeded expectations in 2025 by mobilising GH¢182 billion in revenue and is now aiming to increase collections to GH¢225 billion in 2026. The 2028 target of more than GH¢310 billion would therefore require the Authority to sustain strong annual growth in collections while improving compliance across both formal and informal segments of the economy. For government, the success of the revenue strategy will be central to the credibility of Ghana’s post-IMF fiscal path. Stronger domestic revenue mobilisation would provide fiscal space for infrastructure, social spending, arrears clearance and debt service, while reducing the temptation to rely excessively on borrowing. But the strategy also raises a delicate policy challenge. Businesses have repeatedly called for a broader and fairer tax base rather than higher pressure on already compliant taxpayers. The GRA’s emphasis on digital compliance therefore suggests a shift toward using technology, data and enforcement systems to identify non-compliance, rather than simply increasing the burden on existing taxpayers. Mr Sarpong called on corporate Ghana and the wider business community to support the reform agenda, stressing that national development depends heavily on collective commitment to tax compliance and domestic revenue generation. “This is not a bet. This is the work we must do, and that is the partnership we are asking all of you to forge with us,” he added. The push comes as Ghana works to preserve recent gains in inflation moderation, exchange rate stability and fiscal consolidation after years of debt distress and IMF-backed reforms. A stronger tax system could help anchor that stability, but the outcome will depend on how the reforms are implemented. If digital compliance tools are deployed transparently and fairly, they could help widen the tax net, reduce leakages and ease the pressure on compliant businesses. If poorly managed, they could deepen concerns about aggressive enforcement, administrative uncertainty and the cost of doing business. For now, the GRA’s message is clear: Ghana’s economic reset will require more domestic revenue but the burden must shift from the few who already comply to a wider tax base supported by technology, accountability and trust.

Twelve people were killed and nine injured in a mass shooting at a Johannesburg informal settlement as police investigate a possible illegal mining link

US inflation rose to 4.2% in May, driven by soaring energy costs linked to tensions in Iran and disruptions in the Strait of Hormuz

President Trump ends an NBC interview after a clash with Kristen Welker over election claims, media bias allegations, and California voting concerns

President Ramaphosa unveils tough measures against illegal migration in South Africa while condemning xenophobia amid rising tensions and protests