BUSINESS

Highlights of 2023 budget presentation by finance minister

The Minister of Finance, Ken Ofori-Atta has appeared before parliament to fulfill his constitutional mandate by presenting the government budget to the House. The presentation was in accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921). GhanaWeb in this article highlights …

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2023 Budget: All mobile money transfers should be charged E-Levy – Ofori-Atta

The Minister for Finance, Ken Ofori-Atta, has announced a proposal to review the Electronic Transfer Levy (E-Levy) from its current rate of 1.5 percent to 1.0 percent. In addition to the reduction of the rate, Ofori-Atta also proposed the removal of limits on transfers that will attract the levy. “Review the …

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2023 Budget: E-Levy reduced to 1% – Ofori-Atta

The government has indicated a further reduction in the headline rate of the controversial Electronic Transfer Levy to 1 percent from the current 1.5 percent. The review of the act is to drive aggressive mobilisation of domestic revenue. Finance Minister, Ken Ofori-Atta disclosed while presenting the 2023 budget statement in …

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Why Databank is trending number 1 on Twitter

Databank is number one among the top trends on Twitter today, November 23, 2022, as customers cry over their inability to access their funds and investments. According to some Twitter users, who have their savings and investments at the bank, they noticed that random deductions had been made on their …

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Okyenhene destools Benkumhene over Galamsey

Okyenhene Osagyefuo Amoatia Ofori Panin has ordered for the destoolment of Benkumhene of Asamang Tamfoe Nana Boakye Darkwa over illegal mining. This was after some residents in the community calling itself Concerned Citizens of Asamang Tamfoe petitioned the Akyem Abuakwa judicial council on November 9,2022 accusing the chief of engaging in …

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Lebanese, Indians, Chinese Illegally Buying Agro Commodities From Farm-gates, Local Traders Weep

      A number of foreigners, especially Chinese, Lebanese and Indians, are allegedly violating Ghanaian laws on the purchase of agro commodities in Ghana.   Despite the laws of the country prohibiting foreigners from directly buying agricultural commodities from farm-gates, a great number of foreigners are said to be …

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Thieves, reptiles take over Saglemi housing project after years of govt neglect

Thieves have invaded the Saglemi housing project to steal the fittings, electrical parts, doors, and control board. This came to light after a tour of the abandoned million-dollar project by the minority in parliament. The project, which was begun by the MDC government, was meant to give Ghanaians affordable housing …

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Price of fish to go up over premix fuel scarcity

The public will have to get prepared to pay more for fish following the scarcity of premix fuel at the various landing beaches along the coast. This is because the Ghana National Canoe Fishermen Council has said, fisherfolk are left with no option than to transfer the high cost of …

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Fired Twitter Africa staff to sue Elon Musk over sacking, unfair severance packages

The employees of the Twitter Africa office in Ghana have initiated steps to take legal action against their employer, Elon Musk, over the imbalance in the severance pay they have been offered. This is in comparison to other colleagues of the microblogging site in other parts of the world, like …

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2023 budget to be presented Thursday

The Minister for Finance, Ken Ofori-Atta, will on Thursday, 24 November 2022, present government’s budget statement for the 2023 year before Parliament. This was announced by Majority Chief Whip Frank Annoh-Dompreh in Parliament, today, Monday, 21 November 2022. The Majority Chief Whip, while presenting the Business Statement of Parliament for …

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