Author: Minna Dablu
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Traders switching to cash transactions due to e-levy – TAGG
The Traders Advocacy Group Ghana (TAGG) has described as unfavorable the passage of the Electronic transaction levy (E-levy) on their daily business transactions. Though not entirely against the policy, the group has since advocated against the module of the e-levy because the members say, it will only plunge the business community back into the era…
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AGI introduces authentication system to tackle internet fraud
The Association of Ghana Industries says as part of plans to secure its members from falling victim to internet fraud, it has introduced an authentication system. This is on the back of a warning by the Economic and Organised Crime Office, especially the business community, to be wary of what AGI describe as an emerging…
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Only NIC can issue compulsory travel insurance directive – Analyst
Insurance Analyst, Ernest Frimpong says even though travel insurance a necessity, by law, it cannot be made compulsory until the National Insurance Commission (NIC) deems it so. This is on the back of a statement issued by the National Insurance Commission, urging the public to disregard reports of a supposed mandatory ‘Akwaaba Insurance’ for all…
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E-levy will disrupt tax structure if implemented- Seth Tekper
Former Finance Minister Seth Terkper says the E-levy policy if implemented, will disrupt the country’s tax structure. Speaking at a PFM tax dialogue Mr. Terkper said the policy takes the country back in time, undoing major work that has been done to strengthen the tax system. “VAT replaces all these taxes so part of my…
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AGI lauds AfCFTA initiative one year after its implementation
The Association of Ghana Industries (AGI) says its members have chalked some level of success with the implementation of the African Continental Free Trade Agreement. A year down the lane, since its implementation, AGI says its members have benefitted immensely. “AGI, we were extremely excited when it was launched because the head office is here…
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Rice production: We can meet Ghana’s demand if gov’t intervenes – Millers Assoc.
The Rice Millers Association says with the right conditions, rice farmers would be able to produce more than 500,000 metric tonnes by the end of 2022. According to the Association, considering the current consumption rate, rice farmers are capable of meeting about half of the country’s demand with a projection of fully meeting the demand…
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GPRTU dissociates itself from decision to increase fares by 40%
The Ghana Private Road Transport Union (GPRTU) has dissociated itself from the decision taken by the Concerned Drivers Association to increase transport fares by 40% from next week. The Concerned Drivers say, the decision to increase fares from January 17, is to ameliorate the unbearable hardships facing drivers. However, GPRTU says there is no future…
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Drivers threaten to increase fares by 40% from January 17
A group of drivers known as the Concerned Drivers Association of Ghana has threatened to increase transport by 40 percent. According to the group, the proposed increase has been necessitated by fuel price hikes at the pumps, the increment in prices of vehicle parts, among others. The increment, according to the group, will begin on…
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Rice Millers call for swift implementation of reversal of 50% discount on benchmark values
The Rice Millers Association says the reversal of the benchmark values is important to growing the country’s local industry and enabling it to thrive. The association had long advocated for a reversal of the discounts, saying such a move will help in improving the fortunes of the local rice industry. According to the Rice Millers…
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SSNIT laments low number of NIA card merging by active members
The Social Security and National Insurance Trust (SSNIT) has revealed that very few people have merged their numbers with the Ghana Card. According to SSNIT, this phenomenon is due to the lagging NIA registration process. A day to the announced 31st December deadline for the exercise, only 1.1 million active contributors had merged their numbers.…