Author: Naa Shika Caesar
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Business community has no option than to increase prices – Asaki Awingobit
The Importers and Exporters Association of Ghana is bitterly lamenting the government’s refusal to take measures that will cushion the business community, in the wake of the economic hardships. According to the association, it is regrettable that the government promised to reduce the tax burdens on importers and exporters, only to turn its back on…
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Unpaid contractors to take legal action against government
The Ghana Chamber of Construction Industry has threatened to take legal action against government, for failing to pay over 10 billion cedis accrued debt its owes contractors. The contractors lament that for over four years now, government has stalled to pay contractors for work done. A situation they say is having a negative toll on…
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Local contractors to drag government to court over 10 billion debt
The Ghana Chamber of Construction Industry has threatened to take legal action against government, for failing to pay over 10 billion cedis accrued debt it owes contractors. The contractors lament that for over four years now, government has stalled in paying contractors for work done. A situation they say is having a negative toll on…
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Don’t rely solely on IMF to solve your problems- Theo Acheampong to gov’t
An Economist and Political Risk Analyst, Dr. Theo Acheampong, has urged government not to bank all its hopes on the International Monetary Fund (IMF) in its quest to fix the struggling economy. A team from the IMF has begun the second round of discussions with government on a bailout, with a focus on debt sustainability.…
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VADUG members resist implementation of Customs Amendment Act
The Vehicle and Asset Dealers Union of Ghana (VADUG) says it will resist all attempts by government to implement the Customs Amendment law 2020, as it has the potential of collapsing their business. The vehicle dealers lament that despite several engagements with the government to halt the implementation of the bill, government has announced its…
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Dr. Ampabeng advocates consolidation of road taxes into fiscal policy
A Fiscal Policy Specialist with Oxfam Dr. Alex Ampabeng is advocating for the consolidation of all road levies into one road tax. He believes that the introduction of a road tax could help generate about 20 million cedis in revenue for the government annually. “Scrap all toll booths on the roads, scrap all charges relating…