BUSINESS

The introduction of the Electronic Transfer Levy has been met with a lot of opposition from various institutions and individuals in the country. Despite the strong opposition from the Minority in parliament against the bill, the Majority succeeded in passing it in March 2022. Some citizens, in a bid to …

Chief Executive Officer (CEO) of the Ghana Chamber of Telecommunications, Ken Ashigbey, has warned against false e-levy refund claims. The government, together with the entities facilitating the implementation has put in place mechanisms to correct exempted transactions that have so far been affected in the modified phase of the implementation …

Some fishers in the Cape Coast Metropolis have condemned the politicisation of premix fuel that was collapsing the work of artisanal fishers. According to them, the short supply of the commodity, mismanagement and the sharp decline in a fish caught over the years have increased hardship in fishing communities. “Already, …

Consumers of Liquified Petroleum Gas should expect some reduction in the price of the product in the coming days as the Chamber of Petroleum Consumers Ghana (COPEC) is projecting a drop of up to 2%. However, prices of petrol and diesel are expected to go up by 3% this month. …

Vice President Dr. Mahamudu Bawumia has assured of government’s commitment to reviving Ghana’s economy back to pre-pandemic levels. According to him, the devastating impacts of the Coronavirus pandemic have eroded the gains made by government between 2017 and 2019. He also stated that just when Ghana’s economy was bouncing back the Russia-Ukraine …

Ghana’s revenue governing body, Ghana Revenue Authority (GRA) has assured people who have been wrongly charged as part of the implementation of the Electronic Levy popularly known as E-levy that all wrongful charges will be reversed. According to the GRA, it is using a modified approach to validate claims of wrongful charges …

The Small Scale Poultry Farmers Association says effective Monday, May 2, 2022, there will be an upward adjustment in the price of eggs. A small egg crate will now sell at GH¢30, the medium size and unsorted crate will go for GH¢32, a cedi more will be needed to get …

The Ghana Revenue Authority (GRA), has said it is ready for the implementation of the Electronic Transfer Levy (E-Levy). The implementation of the E-Levy takes off on Sunday, 1 May 2022. A statement issued by the GRA to announce the take off of the levy on Sunday, said: “GRA has …

The implementation of the Electronic Transfer Levy (E-Levy) begins today, Sunday, 1 May 2022. The 1.5percent levy will apply to electronic transactions. The 5 transactions affected by the E-levy include:  Momo transfers between users on same network, Momo transfers between users on different networks, Transfers from bank accounts to Momo …

The Chamber of Petroleum Consumers-Ghana (COPEC), says its projection for the next pricing window shows that prices of petroleum products will see a marginal increase from Sunday May 1, 2022. In a statement, the energy think tank said it expects petrol and diesel to be sold at GH¢ 9.538 and …