Friday, May 3, 2024

Business

E-Levy is meant to target online businesses, not only MoMo – Communication Minister

The Minister for Communications and Digitalisation, Ursula Owusu Ekulful, has justified the introduction of the E-Transactions levy saying the policy is aimed at getting some revenue from online based businesses not only Mobile Money transactions as being speculated. For her,...

Free ride for motorists but ‘toll collectors’ expressed fear of being jobless

It was ‘free ride’ for motorists using the country’s highways that have toll booth following the directive by the Roads and Highways Minister for the cessation of toll collections. The story was not different when Mynewsafric.com visited the Amasaman toll...

2022 Budget: Government to construct machine tooling centre

Government has hinted of constructing a machine tooling centre aim at promoting the advancement of Ghana's technological capability in engineering.  The initiavive was contained in the 2022 budget and econmic police presented to Parliament by Minister of Finance and Economic...

VP Bawumia lauds Bank of Ghana, financial institutions

The Vice President, Dr. Mahamudu Bawumia, has commended the Bank of Ghana and financial institutions in the country for the immense roles they have played towards the successful implementation of Ghana's payment system. Speaking at opening of the 25th  Annnual...

2022 Budget statement and economic policy

The Minister of Finance and Economic Planning Ken Ofori-Atta has presented the 2022 budget statement to Ghana's Parliament on November 17, 2021. The 2022 budget which was christened by the government as "Agyenkwa budget" has a short statement from the...

2022 Budget: 1.75% MoMo tax a disincentive for startups – Madina MP

The Member of Parliament for Madina Francis-Xavier Sosu said the government’s 1.75 per cent tax on mobile money transactions will serve as a disincentive to persons establishing new businesses. Finance Minister Ken Ofori-Atta announced the MoMo tax when he presented...

Government abolishes payment of tolls on all public roads

Government has announced abolishment of tolls paid on all public roads. This was contained in the 2022 budget statement presented by Finance Minister Ken Ofori Atta to Parliament on Wednesday 17, 2021. The decision he said is to take effect immediately...

Government imposes tax on MOMO transactions above GH¢100

Government has proposed to impose a 1.75 per cent levy on mobile money and other electronic transactions that exceed GH¢100 per a day. The levy is contained in the 2022 budget statement presented by the Finance Minister, Ken Ofori-Atta on...

Help us mine our gold responsibly – Bono chiefs to gov’t

The President of the Bono East Regional House of Chiefs and President of Yegi traditional council, Pimampim Yaw Kagbrese V, has appealed to the government to as a matter of urgency assist them to exploit gold discovered in the...

Don’t reverse 50% bench mark policy, it’ll affect businesses – GUTA to gov’t

The Ghana Union of Traders Association (GUTA) has appealed to government to maintain the 50 percent bunch mark policy as any attempt to reverse same will bring untold hardship on Ghanaian traders. The Association of Ghana Industries (AGI) and Ghana...
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LGBTQ+ community is not funding National Cathedral project – Rev. Kusi Boateng

The secretary to the board of trustees of the National Cathedral Secretariat Rev. Kusi Boateng, has denied rumours that...