11/11/2023 0 Comments Trending news in ghana now![]() ![]() Lottery wins will be deducted at the point of pay-out. Says the new withholding tax on all betting, games and Ghana has imposed a 10% tax on betting and lottery winnings effective from Tuesday. There are worries that additional instability could deteriorate Niger's already precarious security situation.ĪFP Copyright: AFP Ghana has been experiencing a protracted period of economic crisis Image caption: Ghana has been experiencing a protracted period of economic crisis If diplomacy fails, Ecowas has threatened to use force to restore constitutional rule in Niger. Regional defence chiefs are meeting there to finalise preparations for potential military action in Niger, where the democratically elected president was ousted last month in a coup. The doctored clip was broadcast by the Ghanaian channel UTV on social media but later taken down.Īccording to representatives of the Ghanaian army, no such songs were played during Thursday's guard of honour parade in Accra that opened a two-day Ecowas conference. Ghana's military has been forced to deny that West African generals marched into a meeting about the crisis in Niger to the theme tune of TV series Games of Thrones, after a faked video circulated online. Sky Atlantic Copyright: Sky Atlantic Games of Thrones is a fantasy saga that depicts rival families fighting for power Image caption: Games of Thrones is a fantasy saga that depicts rival families fighting for power In 2021, Niger exported about $23m (£18m) worth of onions to Ghana and other West African countries. Ghana imports about 70% of its onions from Niger. Traders in Ghana say they are now experiencing difficulties in importing vegetables such as onions from Niger, and prices have increased. The regional bloc has also imposed sanctions on Niger. ![]() The junta has proposed a three-year transition to civilian rule, but Ecowas has rejected it. The West African regional bloc Ecowas has threatened military action against the military junta which overthrew President Mohamed Bazoum last month. "We hold a strong view that any attempt to remove the Tchiani-led military junta in Niger by force will further escalate the tension and the insecurity in the region,” TUC secretary general Yaw Baah said in a statement. Ghana's biggest trade union body has warned against military intervention to reverse the coup in Niger.Ĭonstitutional order could be re-established in Niger through diplomacy if Ecowas leaders engaged the military junta in "good faith", the Trades Union Congress (TUC) said. Getty Images Copyright: Getty Images Ghana imports most of its onions from Niger Image caption: Ghana imports most of its onions from Niger Ghana IMF loan: Will $3bn solve the economic crisis?.Increase in foreign reserves, a less volatile exchange rate and softening ![]() The IMF has said the Ghanaian economy is showing signs of recovery, citing an Has expanded the tax net by introducing new measures such as a 10% levy on bettingĪnd lottery winnings to increase revenue in line with the IMF conditions. ![]() There will be a review in November and Mr Ofori-Atta said the country had shown progress in bolstering the fiscal and It received an initial instalment of $600m but the government had to introduce certain measures to qualify for further rounds of funding. In May, Ghana signed a new bailout programme worth $3bn over three years to help ease the country's economic problems. The second tranche, worth $600m (£480m), of an International Monetary Fund (IMF) bailout package come the end of the year. Ghanaian Finance Minister Ken Ofori-Atta says he is confident his country will receive Getty Images Copyright: Getty Images The high cost of food, utilities and rent pushed up inflation and sparked protests Image caption: The high cost of food, utilities and rent pushed up inflation and sparked protests ![]()
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