Author: Michael Ogbodu
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Fuel price hikes: Gov’t must act now to preserve economy – Mr Akwaboah
Former Board Chairman of the Association of Oil Marketing Companies, Henry Akwaboah says the government must address the erratic increase in the price of fuel in the country to prevent further escalation of the situation. Prices at the pumps are almost GHS8 at many fuel stations in the country after starting the year at about…
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Stakeholder engagement critical to GRA’s e-commerce taxation move – Digital Marketer
Stakeholders in the e-commerce space and a digital marketer Naasei Boadi believes it is important that the benefits players in the space stand to gain from the E-Commerce tax is clearly spelt out to ensure compliance. He argues that this would help prevent similar resistance as the e-levy is currently experiencing. Mr Boadi stressed that…
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AOMCs lament constant hikes in fuel prices
The Association of Oil Marketing Companies says the constant hike in the price of fuel on the global market is taking a toll on their businesses. Speaking to Citi Business News, CEO of the Association of Oil Marketing Companies, Kwaku Agyemang Dua stated that the development has compelled OMCs to reduce their margins to stay…
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Fuel prices to go up again by about 30 pesewas – COPEC
As fuel prices continue to hike, consumers may have to brace themselves for more shocks in the next couple of days. The Chamber of Petroleum Consumers Ghana (COPEC) is forecasting fuel prices could go up by up to 30 pesewas soon. Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPEC), Duncan Amoah said in…
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GTA confident continuous domestic tourism campaign will revamp industry
The Ghana Tourism Authority says it is confident that a continuation of its domestic tourism drive will contribute significantly to reviving the sector this year. Acting Director of Public Affairs at GTA, Nelson Jones stated in an interview with Citi Business News that his outfit will continue to push the agenda to ensure a thriving…
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Fintech industry players worried e-levy will cause several job losses
Stakeholders in the fintech space have expressed worry that the implementation of the electronic transfer levy will lead to several job losses in the sector. The government introduced a 1.75 per cent levy on electronic transfers in the 2022 budget as part of its revenue mobilisation efforts. In an interview with Citi Business News, Managing…
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Hospitality industry players confident of a rebound in business this year
Players in the tourism and hospitality industry are confident of a good business year in 2022. President of the Ghana Hotels Association, Dr Edward Ackah-Nyamike, stated they had, despite the impact of the pandemic, begun to record significant progress late last year. “Well, if we look at the base year as 2020 when Covid struck,…
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Tema ECG invests over GH¢3M into system improvement efforts
The Tema branch of the Electricity Company of Ghana Limited has invested a total of GH¢3,262,795.98 in seven major system improvement works from July to December 2021. The system improvement projects in the region form part of a grand corporate plan of ensuring reliable power supply and delivery of safe and quality electricity services to…
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Fuel prices to go up as Price Stabilisation and Recovery levy is restored
Fuel prices at the pumps are expected to go up effective today, February 1, 2022, as the temporary removal of the Price Stabilisation and Recovery Levy (PSRL) by the National Petroleum Authority (NPA) comes to an end. Head of Pricing at the NPA, Abass Ibrahim Tasunti, spoke on the development. “As we speak the levies…
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Resumption of Twitter Nigeria operations likely to undermine Africa office in Ghana – Digital Marketer
After a 7-month ban in Nigeria, Twitter has finally agreed to register in the country and pay local taxes. Nigeria suspended the social media firm last June after it deleted a tweet by President Muhammadu Buhari. But what does this development mean for Ghana as it was earlier announced as the headquarters of Twitter’s operation…