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CONSULTANCY

We source consultancy and capacity-building services by putting in bids or tenders and also by submitting proposals for our range of PFM and tax activities.

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CAPACITY BUILDING

Our expertise is in designing and delivering professional staff development programs for staff of macro-fiscal institutions, CSOs, and the private sector.

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PFM ACADEMY

An important element of our capacity-building approach is our PFM Academy which collaborates with other institutions to offer training to individuals and institutions.

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REPRESENTATION

PFM Tax Africa works with public and private sector clients and partners to coordinate advice and assistance to private sector and to Government Business Entities (GBEs).

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PFM NEWS & OPINIONS

  • Bank of Ghana ends 2020 with Ghs 115 billion liabilities

    Total liabilities recorded by the Central Bank for the year ended 2020, amounted to Ghs 115 billion. As contained in the Quarterly Statistical Bulletin released by the Bank and perused by norvanreports, the Central Bank’s liabilities on a year-on-year basis increased by some Ghs 35.6 billion, as liabilities recorded by the Central Bank at end-December 2019, stood

    May 7, 2021
  • Government misses T-Bills target by Ghs 99.7 million

    Government missed its target of Ghs 673 million for the 91-day and 181-day treasury bills auctioned on Friday, April 30, 2021. This would be the fourth consecutive week government has missed its targets for treasury bills auctions. Auctioning results published by the Bank of Ghana, indicate that government mobilized Ghs 573.22 million for both the

    May 6, 2021
  • NPA reduces 17p increment in fuel prices to 9p

    The National Petroleum Authority (NPA) has reduced the addition of Ghs 0.17 pesewas to the already Parliament approved Ghs 0.30 pesewas tax charge on fuel price as contained in the 2021 budget statement. The reduction in the price of fuel followed a meeting between the Minister for Energy, the NPA, Association of Oil Marketing Companies

    May 6, 2021
  • Ghana likely to default on debts, says Seth Terkper

    Erstwhile Minister for Finance, Seth Terkper, has noted that Ghana is likely to default on the servicing of its debts given its swelling debts and stagnant revenues. Ghana’s debt stock as a percentage of Gross Domestic Product (GDP) according to the International Monetary Fund (IMF) is expected to increase in the medium term. According to

    May 4, 2021
  • BoG’s SDR holdings with IMF falls by $16.6 million

    The Bank of Ghana’s (BoG) Special Drawing Rights (SDR) holdings with the International Monetary Fund (IMF) decreased by $16.6 million in 2020. IMF SDR holdings of the BoG at end-November 2020 stood at Ghs 242.39 million ($42.2 million), but then declined to Ghs 148 million ($25.6 million) at end-December 2020.  BoG’s Ghs 148 million ($25.6

    May 4, 2021
  • China’s cocoa is no competition for Ghana’s cocoa – says Ghana’s Agric Minister

    Minister for Food and Agriculture, Dr Owusu Afriyie Akoto, has said the quality of Ghana’s cocoa is unmatched making China no competition in terms of cocoa exports to the international market. “Ghana’s cocoa in terms of quality is matchless to none globally, hence, the international market’s decision to pay up to 25 percent premium on

    April 30, 2021
  • COPEC exposes NPA over unilateral decision to add 17p to approved 30p tax on fuel price

    Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPEC), Duncan Amoah, has accused the National Petroleum Authority (NPA) of unilaterally adding some Ghs 0.17 pesewas to the already Parliament approved Ghs 0.30 pesewas tax charge on fuel price as contained in the 2021 budget statement. In statement issued by the Chamber on Friday, April

    April 30, 2021
  • Downstream petroleum sector revenue up due to our monitoring system – SML

    Government has witnessed a significant increase in revenue generated from the country’s downstream petroleum sector due to the improved monitoring of in-flows and out-flows at the various oil marketing company depots nationwide. Within a period of ten months, the monitoring service being provided by a private revenue assurance firm; Strategic Mobilization Ghana Limited, SML, raked

    April 29, 2021
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in Public Financial Management (PFM) and Tax.

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