BUSINESS

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …