Business Archives - Page 30 of 45

February 14, 2024February 14, 2024

Push For Removal Of Taxes By Minority MPs A Political Gimmick – Stephen Amoah

The Majority in Parliament has described moves by the NDC Minority to introduce a private members bill to repeal a raft of taxes, which the Vice President committed to abolish if he is elected president, as political gimmick. This was after

February 14, 2024February 14, 2024

Bring Back Import Restrictions Bill bill – Afriyie Akoto Urges Govt

Former Minister of Food and Agriculture, Dr. Owusu Akoto Afriyie, says the government must strongly consider restricting the importation of certain food items into the country to protect Ghanaian farmers and enhance their global competitiveness. Dr. Owusu Akoto Afriyie emphasized that

February 13, 2024February 13, 2024

GRA To Facilitate Voluntary Tax Compliance

The Domestic Tax Revenue Division (DTRD) of the Ghana Revenue Authority (GRA) is poised to explore creative ways of mobilizing revenue for economic management in 2024. The Division is also committed to facilitating voluntary tax compliance through measures such as new

February 12, 2024February 12, 2024

Spare Parts Dealers Go Gaga Over Bawumia’s Flat Rate Tax Proposal

The Abossey Okai Spare Parts Dealers Association has expressed its appreciation for the visionary proposal put forth by Dr. Mahamadu Bawumia, the New Patriotic Party’s (NPP) presidential candidate, Dr. Mahamadu Bawumia to implement a flat rate tax on the importation of

February 9, 2024February 9, 2024

First National Bank Announces Partnership With MTN MoMo

First National Bank Ghana has announced a strategic partnership with Mobile Money Limited to offer MoMo services across all channels. This partnership aligns with the bank’s refreshed brand and our commitment to providing helpful, easy and safe banking to Ghanaians. The

February 8, 2024February 8, 2024

Government Suspends 15% VAT On Electricity

The Ministry of Finance has directed the Electricity Company of Ghana, Ltd (ECG) and the Northern Electricity Distribution Company (NEDCO) to suspend the implementation of 15% VAT on electricity directive. Organised Labour has scheduled next Tuesday (13 February) to embark on a demonstration

February 7, 2024February 7, 2024

Independent Power Generators Kick Against Emissions Levy

The Independent Power Generators, Ghana (IPGG) has indicated the implementation of the Emissions Levy may spike up the prices of power because it exerts a levy of GH¢100 per tonne on carbon dioxide equivalent emissions from producers. Chief Executive Officer of

February 7, 2024February 7, 2024

EU Must Relook Crop Imports Policy – GARDJA

The European Union (EU) must relook at its policies on cash crop imports from the developing world, the Ghana Agriculture and Rural Development Journalists Association has said. A new law that penalizes commodity trading companies for importing goods including cocoa, coffee,

February 6, 2024February 6, 2024

Businesses Are Being Over-Taxed – GUTA President

The president of the Ghana Union of Traders' Association (GUTA) says businesses in Ghana are being overtaxed. Dr Joseph Obeng speaking on Joy News' AM Show on Monday, February 5, said this is hurting their ability to compete and grow in

February 5, 2024February 5, 2024

Only 14% Of Working Ghanaians Satisfied With Financial Situation – Report

Only 14% of working Ghanaians are very satisfied with their financial situation. According to the 2023 Old Mutual Financial Services Monitor, the informal sector and local income earners in Ghana are the most financially stressed. While 68.0% of those financially stressed