Author: Benjamin Aklama
-
SSNIT assures pensioners of regular payment of pensions
The Social Security and National Insurance Trust (SSNIT) has assured stakeholders that the Trust presently has enough reserves to pay all accruing benefits due to members and their validly nominated dependents. Managers of the Scheme said concerns raised in the 2017 actuarial valuation report, referred to by the Africa Centre for Retirement Research (ACRR), were being…
-
‘The game is still on, we’ll surely approve 2022 budget’ – KT Hammond
The Member of Parliament for the Adansi Asokwa constituency in the Ashanti Region, KT Hammond, says members of the Majority Caucus will marshal all the arsenal at their disposal to approve the 2022 budget, which was rejected by Parliament last Friday. “The Game is still on. The action will be in play today. There won’t be any…
-
Review SSNIT contribution rate to sustain it – ACRR calls on Parliament
The African Centre for Retirement Research (ACRR), a non-profit policy research organisation, has called for an increase in the rate of Social Security and National Insurance Trust (SSNIT) contributions to sustain the operations of the scheme. The centre, which focuses on retirement and pensions, said “the recommended contribution rate (cost rate) necessary to sustain the…
-
Government urged to review Rural Banks’ corporate tax rate
The Association of Rural Banks (ARB) has appealed to the government to review downwards the corporate tax rate of Rural and Community Banks (RCBs). Mr Kwame Owusu Sekyere, Acting National President of the Association, who made the appeal, said this would help strengthen the capacities of rural and community banks to live up to the…
-
Prez charges GIPC to attract investments for Ghana’s post-covid recovery
President Nana Addo Dankwa Akufo Addo has urged the Ghana Investment Promotion Centre (GIPC) to canvas for the right investments to support Ghana’s post-Covid 19 recovery agenda. “We are emerging from a challenging global situation, the pandemic of COVID-19, and GIPC, the principal investment promotion agency for our country, has an enormous task ahead of…
-
Deputy Finance Minister hints at review of implementation strategy for e-Levy
A Deputy Minister of Finance, Abena Osei-Asare, has hinted that the government may be reviewing the implementation strategy of the proposed Electronic Transaction Levy (E-Levy) in the coming days. Speaking at a Deloitte Economic Dialogue Webinar on the 2022 budget-themed ‘Digitalisation as a catalyst for economic recovery and growth’, Abena Osei-Asare stressed that government is…
-
Volta Fair has moved the Region to another level – Minister
Dr Archibald Yao Letsa, Volta Regional Minister, has noted that the ongoing fifth Volta Trade and Investment Fair which started on November 15, has moved the Region to another level. He said the Region was one of the most trending topics and people were calling from various parts of the world and were excited about…
-
OMCs sacrificing a lot to keep fuel price below GH¢7 – Oil Marketing Assoc.
Kwaku Agyemang-Duah, CEO of the Association of Oil Marketing Companies, says oil marketing companies are making a lot of sacrifices to keep the price of fuel in Ghana below GH¢7 per litre. According to him, with dealers barely compromising on their margins and the government maintaining all its taxes on petroleum products, the marketers are…
-
Fuel shouldn’t cost more than GH¢6 per litre in Ghana – IES
The Institute for Energy Security (IES) believes fuel in Ghana should not sell for more than GH¢6 per litre if the government effectively manages the sector. According to its Executive Director, Nana Amoasi VII, many of the variables that influence the price of fuel in Ghana are within the control of the government either directly…
-
GPRTU threatens strike by members over high cost of fuel
All members of the Ghana Private Road Transport Union (GPRTU), will from today, Tuesday, November 23, 2021, wear red armbands as a protest signal to alert the government of its intended strike on Monday, November 29, 2021. Head of Communications for GPRTU, Abass Imoro, says the action is to compel the government to reduce the…