• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana’s underlying political stability to endure for next 5 years – EIU

4 years ago
in Business, Editor's pick, Environment, Features, highlights, Home, home-news, latest News, Lifestyle
1 min read
0 0
0
83
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana’s underlying political stability to endure for next 5 years – EIU

The Economist Intelligence Unit (EIU) has made positive projection on the country’s political landscape in its latest Five Year Forecast.

According to EIU, despite the “highly acrimonious party-political landscape” of the country, it expects the sector to be stable through the period.

“The fierce rivalry between the two major parties—the ruling New Patriotic Party (NPP) and the opposition National Democratic Congress (NDC)—will remain the core feature of the political scene,” the London-based organization noted.

Highlighting the razor-thin NPP-led Parliament, EIU further observed that reaching a consensus on certain policies, particularly, taxes and reforms will be very tumultuous

Using the controversial Electronic Transfer Levy (E-levy) as an example, the Economic Observers said.

“In November 2021 the minority government rejected the proposed 2022 budget bill over the introduction of an electronic-transaction levy (e-levy); this was later reversed, and the 2022 budget bill was passed by an NPP-led majority, albeit without the e-levy clause,” it recounted.

RelatedPosts

Domestic Debt Surpasses External Debt for the First Time in Years

Aliko Dangote Becomes the First African to hit the $30 Billion Mark

GoldBold Opens Licensing for Jewellery, Fabrication and Refinery

Read: Agric Minister consistently putting out false information about agric sector – Sulemana Braimah

E-levy

E-levy was first mentioned by the Finance Minister, Ken Ofori-Atta, when he was presenting the 2022 budget in November 2021.

He explained that the “innovative” tax will broaden the government’s revenue generation basket.

However, the tax policy generated a lot of controversy in Parliaments and amongst the citizenry.

As the Majority Caucus said it will propel Ghana’s development, economists and Minority in Parliament said the Levy will only intensify the hardships of average Ghanaians.

But after nearly three months of back and forth, including fisticuffs among Parliamentarians, the E-Levy Bill was passed by the Majority-sided Parliament on Tuesday, March 29.

The Levy was passed at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.

Tags: Economist Intelligence Unit (EIU)EIUGhana’s underlying political stability to endure for next 5 years – EIUNDCNPP
No Result
View All Result

Highlights

IMF Managing Director Appoints Christian Mumssen as Director of the Strategy, Policy, and Review Department

Ethiopia’s Gold Rally Fuels Confidence in Stronger Currency

Senegal’s 2026 Debt Bill Jumps 11% After Hidden Loans Scandal

PIAC yet to see Restoration of Funding Under ABFA Despite Assurance from President Mahama

GSE Closes Slightly Lower as Composite Index Falls 0.25%

Producer Price Inflation Rises Marginally to 3.2% in September 

Trending

Business

Domestic Debt Surpasses External Debt for the First Time in Years

October 23, 2025

Domestic Debt Surpasses External Debt for the First Time in Years Ghana’s domestic debt stock has exceeded...

Aliko Dangote Becomes the First African to hit the $30 Billion Mark

October 23, 2025

GoldBold Opens Licensing for Jewellery, Fabrication and Refinery

October 23, 2025

IMF Managing Director Appoints Christian Mumssen as Director of the Strategy, Policy, and Review Department

October 23, 2025

Ethiopia’s Gold Rally Fuels Confidence in Stronger Currency

October 23, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.