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GCB records significant growth in Q1

GCB Bank recorded significant growth in all key performance indicators during the first quarter of 2021, compared to the same period in 2020. Strong...

Communities urged to generate revenue for water and sanitation management

Mr Daniel Dotse Eklo, Nkwanta North District Environmental Prosecutor, has called on the Azua, Tinjasi and Kambonwule communities? Water and Sanitation Management Teams (WSMTs)...

Spotify lowers fourth-quarter loss, increases users and revenue

dpa/GNA - Music-streaming service Spotify reported an increase in subscribers and revenue, and lowered its net loss during the fourth quarter amid the...
Dr. Ken Ashigbey, CEO - Ghana Chamber of Telecommunications

48 percent of telcos’ revenue consumed by taxes – study shows

In 2019, almost half of revenues generated by telecom industry players, comprising of mainly telcos and telecom infrastructure companies went to government as taxes.  This...
Mr Kwabena Okyere Darko Mensah Western Regional Minister

Adopt innovative strategies to boost revenue generation and collection -Darko-Mensah

The Western Regional Minister, Mr Kwabena Okyere Darko-Mensah, has tasked MMDAs to adopt innovative strategies to boost revenue generation and collection in the...

Government urged to prioritise domestic revenue mobilisation

The Tax Justice Coalition has asked government to prioritise domestic revenue mobilisation and to cut down on the many tax incentives to individuals and...
President Salva Kiir

South Sudan president replaces finance minister, revenue officials

South Sudanese President Salva Kiir on Wednesday evening sacked finance minister Salvatore Garang Mabiordit and replaced him with Athian Diing Athian. Kiir...

German government slashes 2021 tax revenue forecast

The German Ministry of Finance on Thursday cut its tax revenue forecast for 2021 by 19.6 billion euros (23.25 billion U.S. dollars) -- below...
African Union

AU says COVID-19 exacerbates Africa’s already dire revenue situation

The African Union (AU) Commission on Friday said that the ongoing COVID-19 pandemic has exacerbated an already dire tax revenue situation across the...
Two staff members walk past the logo of Alibaba at Alibaba Group's Xixi base in Hangzhou, capital of east China's Zhejiang Province on Nov. 12, 2014. [Photo/Xinhua]

Alibaba reports 34 percent surge in quarterly revenue

China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 34 percent to 153.8 billion yuan (about 21.76 billion U.S. dollars) for the quarter...
Qantas Group Chief Financial Officer Vanessa Hudson during the company's results announcement press conference in Sydney, Australia, 20 August 2020. Qantas CEO Alan Joyce has said the company's has taken a 2.87 billion US dollar (4 billion Australian dollar) revenue loss due to the coronavirus pandemic. EPA/DEAN LEWINS AUSTRALIA AND NEW ZEALAND OUT

Aussie national airline Qantas reports US$2.8 billion revenue hit

Australia's national airline Qantas reported a 2.8 billion U.S. dollar revenue hit for the second half of the 2020 financial year on Thursday due...

Apple becomes first U.S. company to hit US$2 trillion market cap

Apple hit a market capitalization of 2 trillion U.S. dollars on Wednesday to become the first publicly traded U.S. company to reach the milestone. ...
Finance Minister Ken Ofori Atta

COVID-19: Ghana records revenue shortfall of GHC13.6 billion

Ghana has recorded revenue shortfall of GH¢13.6 billion and an unanticipated “but necessary” expenditures of approximately GH¢11.7 billion due to COVID-19, Mr Ken Ofori-Atta,...

Developing Ghanaian SMEs; The E-Commerce Solution

One of the most significant backbones of Ghana’s economic and social development for a very long time has been small and medium scale enterprises...
Children compete ina cardboard “dragon boat race” at a kindergarten in Tengzhou, east China’s Shandong province, June 24. Photo by Song Haicun/People’s Daily Online

China’stourism revenue exceeds 12 billion yuan during Dragon Boat Festival holiday

By Wang Ke China received about48.81 million domestic tourists during the three-day Dragon Boat Festival holiday which concluded on June 27, reaping 12.28 billion yuanin...
barrick gold

Gold output from large-scale mining sector up six percent in 2019

Gold output from the large-scale mining sector increased six percent to 2.989 million ounces in 2019 from 2.807 million ounces in 2018, according to...
Israeli-occupied Palestinian

Palestine condemns Israel’s reservation of US$128 million from tax revenue

Palestine on Sunday slammed an Israeli court's decision to reverse about 128 million U.S. dollars of its tax revenue. Hussein al-Sheikh, member...

MTN Group releases 2019 integrated, sustainability and tax reports

...Highlighting the significant positive impact it has on economies and the societies it serves MTN Group today published its Group Integrated, Sustainability and Tax Reports...
Economics Growth Momentum

Absa Group reports improving Revenue Growth Momentum for 2019

Absa Group Limited, Absa Bank’s parent company, has recorded an improved revenue growth for the 2019 financial year, with headline earnings growing slightly. Mr Daniel...

NHIA makes giant strides in revenue generation in C/R

The Central Regional Office of the National Health Insurance Authority (NHIA) increased its revenue target from GH¢415,633.00 in the year 2018 to GH¢456,725.00 last...

Mobilize revenue to support central government –President Akuffo Addo

President Nana Addo Dankwa Akufo-Addo has charged district assemblies to mobilize enough revenue to support the central government to fast track development throughout...

Public forum on tax compliance and responsibility held in Sefwi Wiawso

The Tax Justice Coalition – Ghana, a Non-Governmental Organisation (NGO), has held a public forum in Sefwi Wiawso to educate stakeholders on the significance...

Gov’t charged to prepare realistic budget to avoid credibility issues : SEND GHANA

SEND GHANA has drawn government's attention on its budget credibility and overdependence on donor funding, which cut across every sectors of the economy. According...
Ghana Revenue Authority

Poor revenue performance poses great challenge to Ghana’s economic management in 2020

As the government of Ghana seeks to spend at least 85.9 billion Ghana cedis (15.4 billion US dollars) on its activities next year, one...
gra revenue

GRA receives GH¢ 32 billion revenue for third quarter

The Ghana Revenue Authority as at the end of September 2019, receives an amount of GH¢ 32 billion, compared to its target of GH¢...
Ethiopian Airline

Ethiopian Airlines generates US$4.2 billion in revenue

Ethiopia Airlines generates 114.6 billion birr (about 4.2 billion dollars) in revenue during the fiscal year ending July 7, 2019. The...
Gra Targets

Adaklu Assembly Unable to Meet Revenue Target

The Adaklu District Assembly last year collected GHC166,240.47 out of a projected GHC288,327.46 representing 57.65 per cent and a decrease of 44.2 per cent...
Ghana Revenue Authority

Ashanti Region GRA Exceeds Its Revenue Target

The Ghana Revenue Authority (GRA) exceeded its revenue target for the Ashanti Region in 2018 by 73.95 million. The Regional tax hub set itself a...
Madam Katherine Lankono

Nadowli-Kaleo District Rakes in More Revenue by 27.6%

The Nadowl-Kaleo District has exceeded its internal revenue generation target by 27.6 per cent for the year 2018 following “pragmatic innovations” adopted by the...

Namibia’s state-owned gambling houses record US$2.8 million in revenue

Namibia's state-owned gambling houses records 39. 4 million Namibian dollars (about 2.84 million U.S. dollars) in revenue in 2018, public relations officer at the...