BUSINESS

Transport Ministry to sanction McDan Aviation for defying GACL’s directives

After successfully launching the first-ever private jet terminal at Kotoka International Airport (KIA), McDan Aviation is to be sanctioned by the Transport Ministry for defying the orders of the Ghana Airport Company Limited (GACL). Yussif Jajah, a member of the Roads and Transport Committee in Parliament revealed that, the sector Minister, Kwaku Ofori …

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This economy has been disastrously mismanaged, sack Ken Ofori-Atta – Isaac Adongo

  Isaac Adongo is calling for the head of Ken Ofori-Atta To him, he has mismanaged the economy He also accused the BoG governor of non-compliance Isaac Adongo, MP for Bolgatanga Central, is calling for the dismissal of the Finance Minister, Ken Ofori-Atta for “disastrously” mismanaging the economy. According to him, it is the …

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E-levy disputation ‘unnecessary’ – Akufo-Addo to Dzodze chiefs

  President Nana Addo Dankwa Akufo-Addo has said despite the “unnecessary” disputation ongoing with regard to the E-levy, his government would continue to pursue that agenda nonetheless to revamp the economy. According to Nana Akufo-Addo, the government spent a lot to lessen the burden on Ghanaians during the peak of …

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‘IMF is the solution to Ghana’s economic challenges, not e-levy’ – Ato Forson

The debate about the passing of the controversial Electronic Transaction Levy (E-levy) by the government still remains unsettled after facing rejection from the Ghanaian public and the Minority caucus in Parliament. Although the government claims the intended purpose of the new tax measure is to raise revenue to support job creation …

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E-Levy: Government determined to find ways of sustaining economy – Akufo-Addo

  Parliament engages stakeholders on E-Levy Minority, citizens oppose E-Levy E-Levy to shore up revenue, create jobs – Finance Minister President Nana Addo Dankwa Akufo-Addo has expressed his administration’s resolve to find ways of addressing revenue gaps in government’s 2022 budget. According to him, government as a result of the coronavirus pandemic has …

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Value of MoMo transactions drop by GH¢3 billion ahead of E-Levy passage

Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions has dropped by GH¢3.2 billion in December last year, less the one month after Finance Minister, Ken Ofori-Atta, announced in the 2022 budget of an electronic transfer levy (E-Levy). According to the report, …

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Concerned drivers mull over 40% transport fare increase after NPA action

The leadership of concerned drivers’ association are holding a crunch meeting on the possible increment of transport fares on Wednesday February 2, 2022. According to the union, up to 40 percent increment could be looming. The group says they sympathise with Ghanaians on the current economic hardships, but in order …

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BoG maintains policy rate at 14.5%

  The Bank of Ghana has maintained the monetary policy rate at 14.5%. This is the second time the Bank of Ghana has decided to keep its lending rate to commercial banks in the country. In a press release dated 31st January 2022, the BoG further stated the spillover of …

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Fuel prices to go up in February – IES projects

Fuel prices to go up IES says it will cross 7 cedis This will affect all petroleum products The Institute for Energy Security (IES), is predicting that prices of petroleum products will increase at various pumps across the country from February. According to them, this is a result of an …

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Expect new ‘trotro’ fares on Wednesday – Concerned Drivers

Commercial transport operators bemoan taxes on fuel prices Drivers running at losses due to fuel price increments – GPRTU We’ll still push for a reduction in taxes on fuel-Concerned Drivers Public Relations Officer of the Concerned Drivers Association, David Agboado, has stated that the drivers will on Wednesday, February 2, …

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