The Parliament of the Republic of Ghana has passed the Luxury Vehicle Levy to impose an annual levy on vehicles with high engine capacities. The implementation of this Law takes effect from Wednesday, 1st August, 2018.
The Minister of Finance, Ken Ofori-Atta has been elected as Chair of the Governing Board of the African Capacity Building Foundation (ACBF). This comes a day after the Minister presented the 2018 Mid-Year Budget.
Book-build opens 9:00 AM, Wednesday July 25, 2018. Revised Pricing Guidance (released as necessary during the Book-build). Revised and Final Pricing Guidance (released as necessary during the Book-build). Books are expected to close around 2:00 PM on Thursday, July 26, 2018.
Please note that Government plans to issue a gross amount of GHȼ9,745.00 million, of which GH¢7,933.00 million is to rollover maturities (Note that this is not a new debt). The remaining GH¢1,812.00 million is to meet Government’s financing requirements for the period.