Author: Nerteley Nettey
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GUTA urges GRA to fix UNIPASS challenges to prevent high cost of demurrage
The Ghana Union of Traders Association, GUTA, is appealing to government to speedily fix the challenges that have bedeviled the implementation of the Ghana Revenue Authority’s new Integrated Customs Management Systems, (ICUMS), also known as UNIPASS. According to them, the existing difficulties with the system which are causing delays is pushing them to pay more…
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Komenda Sugar Factory working towards resumption after borders reopen – Alan
The Trade and Industry Minister, Alan Kyerematen, says the new investor for the Komenda Sugar Factory should commence the implementation of its roadmap post COVID-19. The factory is yet to resume full operations after being shut down for about three years despite the fanfare that heralded its opening. A strategic investor, Park Agrotech, has since…
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#CitiBusinessFestival: Tax Analyst urges Gov’t to waive interest payment on deferred taxes
Businesses that have been struggling as a result of the impact of the novel Coronavirus can appeal to government to amend the law that allows the payment of interest on deferred taxes. That’s according to Tax Analyst, Dr. Abdallah Ali Nakyea. Speaking on the topic, ‘Compliance in Abnormal Times’ on the third day of the…
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COVID-19: Transport operators lament low sales due to social distancing
Minimising health risks has been the focus for many countries since the novel Coronavirus started spreading across the globe from China in December 2019. This includes efforts to protect both frontline public transport employees and the travelling public. But these measures have not only disrupted the lives of many, as it has also led to…
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![Ghana must deploy the renewables to achieve universal electricity access by 2025 [Article]](https://citibusinessnews.com/wp-content/uploads/2020/03/Anamua-Sakyi-2-750x375-1.jpg)
Ghana must deploy the renewables to achieve universal electricity access by 2025 [Article]
Globally, access to substantial quantity and quality energy infrastructures have been found as essential to rapid and sustainable socio-economic development. According to the International Energy Agency (IEA), modern energy services, particularly, electricity and gas have an effect on productivity, health, education, safe water, and communication services. Ahali (2015) finds the extensive use of electric powered…
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Ghana’s COVID-19 cases now 8,548; with 3,132 recoveries and 38 deaths
Ghana’s COVID-19 case count has increased to 8,548. This is according to the Ghana Health Service. The update shows that two hundred and fifty-one more cases have been detected since June 1, 2020. Also, an additional 146 persons have recovered from the virus pushing the number of recoveries to 3,132. However, the number deaths still…
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#CitiBusinessFestival: Tax analyst urges compliant businesses to apply for tax reliefs
Tax Analyst, Dr. Abdallah Ali Nakyea, says businesses that want to benefit from government’s available tax incentives should ensure they comply with all the necessary requirements by law. The Ghana Revenue Authority has reviewed the due dates for the filing of tax returns and payments of same to cushion businesses from the impact of the…
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Minority calls for withdrawal of 100% increment in BOST margin
The Ranking Member on the Mines and Energy Committee of Parliament, Adam Mutawakilu, is asking the government to immediately withdraw the increment in the BOST margin announced by the National Petroleum Authority (NPA). He said the decision to increase the margin amidst the COVID-19 pandemic is unfortunate. He said the Minority in Parliament is concerned…
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Dealers in non-food items lament low patronage amid COVID-19
In the midst of a pandemic like the novel coronavirus (COVID-19) that has come with lockdowns, job losses, work-from-home policies and other restrictions, people probably might not be thinking of how to get a new phone, the latest shoe, bag or a shirt. This has been the reality for many, as they rather expend more…
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Poultry farmers call for concession in disbursement of stimulus package
The National Poultry Farmers Association is appealing to government to consider giving them some form of concession in the disbursement of the stimulus package for businesses affected by the coronavirus pandemic. The farmers, who say over 500,000 crates of eggs, are going waste due to low patronage fear if they’re not considered and treated differently,…