Tag: Kwaku Kwarteng
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Parliament must probe ‘unusual’ high cost of building materials – Kwaku Kwarteng
A former Deputy Finance Minister, Kwaku Kwarteng has charged Parliament to look into the reasons behind the recent hikes in the prices of building materials such as sand, stones, cement, iron rods and the likes. Some building contractors in the past few months have been lamenting the continuous toll the price hikes on building materials,…
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UNIPASS kicks off in February despite freight forwarders’ resistance
Barring any last-minute change, the government will commence the implementation of a new platform for the recording of imports and exports at the country’s ports this month. Though widely known as the UNIPASS system, a Deputy Finance Minister, Kwaku Kwarteng explains that the eventual rollout will see to the outdooring of a new name for…
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Government to review fuel costs, taxes for airline companies
The Ministry of Finance has announced that it is working to reduce the cost of aviation fuel and other taxes for airline companies operating in Ghana. The move is among others, to make Ghana more competitive in the aviation industry within the sub region. Deputy Minister of Finance, Kwaku Kwarteng disclosed the plan at the…
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Parliament to pass another law to track tax evasion
Parliament is considering the passage of yet another law to track tax revenue of business owners who operate both in and out of Ghana. The Standard for Automatic Exchange of Financial Account Information Law will allow the Ghana Revenue Authority (GRA) to request for tax information on the operations of such business that happen outside…