Tag: COVID-19
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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’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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Egg sellers in Bono Region incur losses as COVID-19 slows down patronage
Egg sellers in Sunyani and other parts of the Bono Region say they’re incurring losses as they’re unable to sell much of the eggs due to challenges posed by the coronavirus pandemic. The sellers, who usually supply a chunk of the eggs to Senior High Schools and export some to neighbouring countries, say they’re not…
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Put measures in place to tax digital economy – Tax Analyst urges GRA
Tax Analyst, Dr. Abdallah Ali Nakyea, has suggested to the Ghana Revenue Authority (GRA), to put in place the necessary measures to tax digital business transactions going forward. He says this should enable the Authority to increase its revenue sources in order to meet or exceed revenue targets. The outbreak of the coronavirus pandemic has…
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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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#CitiBizFestival: Review Business Models to meet changing trends – ABSA Dir. urges SMEs
The Director of Business Banking at Absa Bank Ghana, Grace Anim-Yeboah, has advised businesses to regularly review their models to meet the changing trends. The disruption of most activities by the novel coronavirus pandemic globally, has caused some businesses to overhaul their operations altogether, while others have been compelled to fold up. Nonetheless, new opportunities…
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Ghana’s COVID-19 cases now 8,297; with 2,986 recoveries and 38 deaths
Ghana’s COVID-19 case count has risen to 8,297 following the confirmation of 227 new cases. This was confirmed by the Ghana Health Service in its update on Tuesday, June 2, 2020. The update also indicates that 39 more people have recovered from the virus, increasing the tally for recoveries to 2,841. Two more persons have…