Author: Bobbie Osei
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Encourage local firms to take major roles in Oil and Gas sector to secure revenue — IES
The Institute of Energy Security (IES), says it is high time the government pursues an agenda that would encourage local players to take up major roles in the country’s oil and gas sector. The comments follow the production difficulties encountered by Tullow Oil at the Jubilee and TEN oil fields. According to the Executive Director…
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Ghana Tourism Authority bemoans non-payment of one percent Tourism Levy
The Ghana Tourism Authority says the One percent Tourism Levy is in arrears to the tune of about GHC 1 Million, as some hospitality facilities are not meeting their payment obligations. The Authority on December 9, 2019, closed down one restaurant in Accra during an exercise to ensure compliance with its standards and payment of…
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#OperationFeedYourself: Secure a market before any agribusiness venture – Prof. Sottie
Ghanaians interested in going into farming and agribusiness have been encouraged to have a clear idea of the market they want to produce for, before they commence production. The comments follow the heightened interest in Agribusiness in recent weeks, as a result of Citi FM’s Operation Feed Yourself project, which seeks to encourage Ghanaians to…
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NCA sanctions against MTN over data bundle challenges not enough – Group
Lead campaigners against the high cost of internet data in the country, #SaveOurDataCampaign, say the recent sanctions imposed on Mobile Network Operator, MTN by the National Communications Authority (NCA) are not punitive enough. The NCA on Thursday, December 5, 2019, fined MTN in excess of GHC 100,000 for failing to produce a report on the…
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Ghana Federation of Labour urges gov’t to protect local industry from pirated textiles
The Ghana Federation of Labour has reiterated its call on government to ensure that the local textile industry is protected from counterfeit and pirated products. This follows an exercise by the Ghana Standards Authority that clamped down on dealers of pirated textiles in parts of Accra last week. The Deputy Secretary General of the Ghana…
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Constructive planning needed to prevent costly excess power supply — Energy Minister
The Minister of Energy, John Peter Amewu, has called for constructive energy planning practices in the medium to long term, to ensure that Ghanaians are not burdened with the cost of excess energy supply. According to him, the current high cost of energy for Ghanaian households and businesses is as a result of the excess…
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Review GIPC law on retail trade – Nigerian traders appeal Ghana Gov’t
The Nigeria Union of Traders Association, Ghana, is asking the government of Ghana to intervene in the closure of shops belonging to their members. Members of Ghana’s main traders’ union, GUTA, have repeatedly locked up shops belonging to foreigners in Kumasi and Accra citing existing laws on retail trade in Ghana which bars foreigners from…
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Gov’t is committed to revamping poultry industry – Dep. Agric Minister
Apart from efforts being made by the government to revamp the country’s local rice sector, the Ministry of Food and Agriculture says it is also taking steps to revamp Ghana’s poultry industry which is also struggling due to huge chicken imports and lack of support. The policy, which is under government’s Planting for Food and…
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Frequent changes to tax laws worrying – Economist
Ahead of the 2020 budget presentation next week, Economist Dr. Lord Mensah has expressed concern about the frequent changes made to the country’s tax laws. According to him, such changes could ward off investors who might find them bad for long-term business planning. The current Finance Minister in an attempt to create a conducive environment…
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GH¢4.6 billion tax exemptions unsustainable — IFS
The Institute for Fiscal Studies (IFS) has described the country’s tax exemptions regime which grants waivers to the tune of GH¢4.6 billion as unsustainable; calling on Parliament to pass the Tax Exemptions Bill. The Finance Ministry has since March 2019 submitted to the legislature a Tax Exemptions Bill for consideration and passage into law to regulate…