Author: Bobbie Osei
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Consider re-calibrating luxury vehicle tax policy — tax specialist
Ahead of his presentation of the 2019 mid-year budget review to parliament next week, the Finance Minister Ken Ofori-Atta, has been urged to consider bringing an end to the implementation of the luxury vehicle tax policy. The luxury vehicle tax which was introduced during the 2018 midyear budget review by the Finance Minister to help…
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Gov’t must prioritise investment in artisanal and small-scale mining – Third World Network-Africa
Mining industry stakeholders have called for improved and sustained support for artisanal and small scale mining of both salt and gold in Ghana. According to them, the downgrading of artisanal and small scale mining (which directly employs an estimated one million people and supports approximately 4.5 million more) in favor of large scale mining is…
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Resolve confusion over regulator for small-scale mining in Ghana – Third World Network
The Third World Network-Africa has called for clarity on which institution or institutions are currently exercising oversight responsibility on artisanal and small scale mining of gold in Ghana. The lack of clarity according to the network, is creating confusion on the ground for miners and is not helping to grow the sector, almost 7 months…
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Mango farmers told to prioritize value addition to earn more
Mango Farmers across the country have been charged to prioritize value addition to their produce in other to maximize the return on their investments. According to key stakeholders in the mango value chain in Ghana, the continuous export of mango in its raw state limits the potential earnings from the fruit. Speaking at the 4th…
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GETFund contractors welcome efforts to get them paid
The Association of GETFund Contractors has urged the Finance Minister to follow through with his promise to pay monies owed them for work done since 2016. Mr. Ofori-Atta while answering questions in Parliament last week, as to when the contractors will receive their payment, said his outfit has begun validation processes to pay the debts.…
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PDS remits GHS200m to ECG to defray part of US$600m independent power producers debt
The Electricity Company of Ghana (ECG) has confirmed receipt of GHS200 million from the Power Distribution Service (PDS) Limited. This amount is expected to be used to defray part of the debt owed independent power producers in the country. This comes a week after the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB)…
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Develop strong negotiation position to benefit from AfCFTA — TWN-Africa
Third World Network Africa (TWN-Africa), a Pan-African research and advocacy organization, has charged the government to focus on developing a strong negotiation position, in order to benefit from the African Continental Free Trade Agreement (AfCFTA). This comes a day after Ghana was selected as host country for the secretariat at the 12th African Union Extraordinary…
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GIPC signs MoU with Malta Enterprise to boost trade and investments in both countries
The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with Malta Enterprise, Malta’s economic development agency, tasked with attracting new foreign direct investment as well as facilitating the growth of existing operations. The MoU empowers both parties to set up a strategic think-tank composed of officers from both agencies and partnered…
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US$600m debt: We have no contract with Independent Power Producers — PDS
The Power Distribution Services (PDS) has denied being indebted to the independent power producers as there it has no contract or whatsoever with any of them. The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB) in a statement had accused PDS/ECG of being indebted to its members to the tune of about US$600…
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Farmers urged to consider Arabian Peninsula nations as export destinations
Farmers and other stakeholders in the agricultural value chain in Ghana and other African countries have been urged to pay better attention to countries in the Gulf Cooperation Council (GCC) such as Saudi Arabia, Oman, and Kuwait among others, as export destinations. Currently, Ghana’s top export destinations are India, China, Switzerland, Netherlands and South Africa.…