The law, Electronic Transfer Levy Act, 2022, Act 1075, otherwise known as the E-Levy, was given Presidential assent on Thursday, March 31, 2022, after it was passed by Parliament on Tuesday, March 29, 2022. The Electronic Transfer Levy Act, will impose a 1.50% levy on all electronic transfers. Prior to its approval …
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ATM withdrawals not included in E-Levy – Finance Ministry
The Finance Ministry has stated that ATM withdrawals will not attract the 1.5% charge on electronic transfers. Also, same person transactions will not attract the E-Levy. The E-Levy is a tax imposed on electronic transfers charged at the time of transfer. The levy shall be administered by the GRA and …
Read More »Reopening date for first year SHS students remains April 4 – GES
The Ghana Education Service (GES) has emphasized that there has been no change in the reopening date for Form One Senior High School (SHS) students First years are therefore to report on Monday, April 4, 2022, as earlier communicated. Reports have circulated that the date has been shifted following some …
Read More »All you need to know about E-Levy
Following the passage of the Electronic Transactions Levy (E-Levy) on Tuesday, March 29, 2022, the Ministry of Finance has issued a document with guidelines towards its full implementation in May 2022. With President Nana Addo Dankwa Akufo-Addo yet to assent to the Bill, the Ministry has put out a document that contains …
Read More »School Feeding staff demand removal of caretaker minister, Chief Director over unpaid salaries
Some aggrieved staff of the Ghana School Feeding Programme (GSFP) are demanding the immediate removal of the caretaker minister and the Chief Director of the Ministry of Gender, Children and Social Protection over the non-payment of their salaries for several months. They accused Cecilia Dapaah of ineffectiveness and for also …
Read More »E-Levy deductions to commence in May – Ofori-Atta
The Minister for Finance, Ken Ofori-Atta, has stated that the newly approved Electronic Transfers Levy otherwise known as E-Levy will come into effect from May this year. Speaking to journalists after President Nana Addo Dankwa Akufo-Addo’s State of the Nation Address in Parliament on Wednesday, Mr Ofori-Atta said the state institutions …
Read More »Students injured as inter-schools competition ends in brutal fight
Scores of students have been left injured following a clash during an inter-school gala competition at Sehwi Kwasikrom. This year’scompetition in the Amoaya circuit in the Bodi District of the Western North region did not end peacefully as some youth from the host community, Sehwi Kwasikrom, engaged in a fight …
Read More »WARNING: 3 Sexually Transmitted Diseases that are more dangerous than HIV/AIDS
Sexually transmitted diseases (STDs) or sexually transmitted infections (STIs) are diseases that many people are aware of but are not fully aware of the repercussions or how badly they will affect their lives. These infections are generally acquired through sexual contact. According to mayoclinic.com, the bacteria, viruses or parasites that …
Read More »We’re using digitalisation to de-risk agricultural sector to promote agribusiness – Bawumia
The Akufo-Addo-led Government is building enablers and efficient systems to de-risk Ghana’s agricultural sector to drive transformation and engender growth, Vice President Mahamudu Bawumia has said. He outlined various policies and programmes including the digitalisation of public sector institutions, rolling out of unique national identity cards (Ghana-Card), Mobile Money Interoperability Payment System, …
Read More »NAGRAT hoping for 15% salary increment in State of the Nation address
Ahead of the State of the Nation address today, Wednesday, March 30, 2022, the National Association of Graduate Teachers (NAGRAT), has said it is hoping for a salary increase announcement from the President. Speaking to Citi News, the President of NAGRAT, Angel Carbonu, explained that considering the economy, social and worsening …
Read More »Ghana Player Ratings: Wollacott, Amartey, Djiku and Partey score high marks
Otto Addo’s team secured a one-all draw to qualify for the World Cup after holding the Nigerians to a goalless drawn game in Kumasi on March 25. GOAL assesses the performances of the Black Stars in their 2022 World Cup qualifying decider against the Super Eagles at Abuja’s Moshood Abiola …
Read More »E-Levy is not MoMo tax; it’s an Electronic Transfer Levy – Deputy Finance Minister
Deputy Finance Minister, Abena Osei-Asare, has argued for the passage of the E-levy in Parliament on Tuesday, March 29. She assured that revenue to be generated from the E-levy will be used in proving the needs of Ghanaians. Speaking on the floor of the House she said the E-levy “is …
Read More »E-Levy: Gov’t will have more revenue for infrastructure development – Osei Kyei-Mensah-Bonsu
The Majority Leader and MP for Suame constituency, Hon Osei Kyei-Mensah-Bonsu, has said the Electronic Transfer Levy which was passed by Parliament today, Tuesday will broaden the country’s Tax base and revenue to help government carry out more infrastructure development in the country. He made the comment at a press …
Read More »Watch Thomas Partey’s opening goal for Ghana against Nigeria
Stand-in Ghana captain Thomas Partey gave the Black Stars a massive chance at qualifying for the 2022 FIFA World Cup when he powered the Stars in front with a long-range effort to beat Nigeria goalkeeper Uzoho. The goal in the 11th minute was the impetus the Black Stars needed in …
Read More »E-Levy Passage: Not a bad way to celebrate your 78th – Gabby hails Akufo-Addo
A leading member of the New Patriotic Party(NPP), Gabby Otchere-Darko says the passage of the E-levy is one of the biggest events to crown the President’s birthday celebration today. In a tweet, the Founder of Danquah Institute said: “Not a bad way to celebrate your 78th after flying over from …
Read More »Gov’t formally cuts E-levy from 1.75% to 1.50%
The Finance Minister Ken Ofori-Atta has formally moved for the controversial E-levy to be amended from 1.75% to 1.50%. The changes were made in the House on Tuesday after the Minority walked out of the House in opposition to the Bill. In December 2021, Deputy Majority Leader, Alexander Afenyo-Markin said …
Read More »E-Levy finally passed
After months of backs and forths in parliament with regards to the controversial Electronic Transactions Levy (E-Levy), parliament has passed the bill. This was after the House considered the bill after its third reading, with the Speaker of Parliament, Alban Bagbin, in the seat. Earlier, the Minority in Parliament staged a …
Read More »Bag of ‘pure water’ to be sold at GH¢8 effective April 1
The National Association of Sachet and Packaged Water Producers (NASPAWAP) has announced that effective April 1, 2022, prices of packaged water will experience some “slight” adjustments. In a press statement signed by its President Magnus Nunoo, the association stated that this has become necessary due to the cedi’s depreciation and …
Read More »Nyieso MP donates 1100 dual desks and 20 computers to GES
The Member of Parliament for Nyieso constituency in the Ashanti Region, Dr Stephen Amoah has donated 1100 dual desks and 20 computers to the Education Directorate to be distributed among schools in the area. The donation, according to him, forms part of his efforts towards promoting quality education in the …
Read More »Show us which Chinese market sold cassava to Ghana – Minister asks
A Deputy Minister of Food and Agriculture in Charge of Crops, Mr Yaw Frimpong Addo, has called on Ghanaians to disregard the propaganda peddled by the main opposition National Democratic Congress’ Member of Parliament for the Asunafo South Constituency in the Ahafo Region, Mr Eric Opoku, that Ghana imports huge tonnes of …
Read More »A bag of sachet water now sells at 6.00 ghc
The National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP) has recommended to all its members to review upward the prices of their products. In a press release signed by the National President, Magnus Nunoo, the Association announced that, iced sachet water remains unchanged …
Read More »Girl, 14, married off to 48yr old man at La
Residents of La, a suburb of Accra, want authorities to rescue 14-year-old Naa (not her real name), who is married to a 48 year old man in that area. Naa was married off to Akwetey Ashong, after the father of her 6 months old baby disappeared after getting her pregnant. …
Read More »We can’t transact business with ghosts, take your market – Angry Anyinasuso traders boycott new market
A new market that has been put up by the Ahafo Ano North Municipal Assembly for the people of Anyinasuso has been boycotted by traders who were supposed to use it. According to these angry traders, they can’t use a market that is being dominated by ghosts. They said the …
Read More »Lights go off at Abuja Stadium as Black Stars train for game against Super Eagles
The lights at Nigeria’s national stadium went off on Monday evening as the Black Stars held a training session. The team arrived in Abuja on Monday afternoon and checked in at the Abuja Sheraton. It wasn’t long before Otto Addo’s team headed to the Mashood Abiola Stadium to hold a …
Read More »Here’s what foreign investors consider before investing in Ghana
Many times, you hear people say that the continuous depreciation of the local currency, the Cedi, will scare away foreign investors. This explains the term low investor confidence where the investor is unwilling to engage in investment opportunities in the country for fear of losing both principal and money they …
Read More »Fuel prices to be reduced by ¢1 from April 1
The Ghana Chamber of Bulk Oil Distributors (COBD) has forecasted an up to ¢1 per litre reduction in the price of petrol and diesel by April 1, 2022. This follows several engagements the COBD had with the Bank of Ghana (BoG) and stakeholders to fashion out interventions aimed at reducing …
Read More »GIJ SRC considers re-joining NUGS after exiting last year
The Students Representative Council of the Ghana Institute of Journalism (GIJ SRC) is considering re-joining the National Union of Ghana Students (NUGS) after exiting the mother student body last year. GIJ exited NUGS last year because it felt the association was not playing its role with regard to issues at …
Read More »More than 1000 electric vehicles operating in Ghana
Ghana’s agenda to join the world in phasing out fossil-fuel-powered vehicles and switch to electromobility (e-mobility) is on course with more than 1000 fleets of electric vehicles already operating in the country. The shift will reduce carbon dioxide (CO2) emission in the transport sector, contribute to keeping the global temperature …
Read More »Garden City University College inducts 1,996 fresh students
The Garden City University College at Kenyase in the Kwabre East in the Ashanti region has inducted 1,996 fresh students for the 2021/22 academic year into the university. The students, including foreign nationals, are to pursue diplomas, degrees and masters programmes in nursing, business and communication. The matriculation ceremony was held …
Read More »Free TVET kicks off in April
The Education Ministry has announced that the Free Technical and Vocational Education and Training (TVET) initiative introduced by the Government will start this academic year. According to the Free Senior High School (FSHS) Coordinator, the Ministry, Mr William Darkwah, all qualified candidates who chose to pursue TVET at any government-approved …
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