Business News of Friday, 29 December 2023 Source: www.ghanaweb.com File photo The Ghana Revenue Authority (GRA) says the National Lottery Authority, Private Lotto Operators and operators of other game of chance platforms will effective January 1, 2023, fully commence the deduction of a 10% withholding tax on all gross winnings. This, according to GRA, follows the expiration of a six-month moratorium ...

Business News of Wednesday, 27 December 2023 Source: www.ghanaweb.com The head office of the DVLA In a move towards modernisation, the Driver and Vehicle Licensing Authority (DVLA), has officially retired its traditional manual system for vehicle registration and related services. As per an official statement released by the authority on December 27, 2023, the DVLA emphasised its commitment to eradicating identity ...

Business News of Wednesday, 27 December 2023 Source: starrfm.com.gh The minority caucus attempted to block the passage of the tax in Parliament The Member of Parliament for Asuogyaman Thomas Ampem Nyarko, has stated that the next NDC government, under President John Mahama, will abolish the GH¢100 yearly emission tax introduced by the current Akufo-Addo and Bawumia administration. He said the minority caucus attempted ...

Business News of Monday, 25 December 2023 Source: GNA The bill is to promote the use of eco-friendly technologies and green energy Parliament has passed the Emissions Levy Bill, 2023, as part of efforts to reduce Ghana’s Carbon Dioxide Emissions and help raise some domestic revenue for the government. The bill is to promote the use of eco-friendly technologies and green energy, ...

Business News of Monday, 25 December 2023 Source: www.ghanaweb.com World Bank Country Director in Ghana, Frank Pierre Laporte The World Bank Country Director, Frank Pierre Laporte, has said that project funds allocated to Ghana that have not been utilised will be sent back to the United States of America by June 2024. According to him, this policy aims to encourage countries ...

General News of Saturday, 23 December 2023 Source: www.ghanaweb.com play videoDeputy Majority Leader, Alexander Afenyo-Markin A heated exchange occurred between Deputy Majority Leader, Alexander Afenyo Markin, and Ranking Member of Finance, Isaac Adongo, during the parliamentary debate on the VAT Amendment Bill. Accusing Adongo of not reading the document, Afenyo Markin rebutted Adongo’s claim that the VAT Amendment Bill sought to impose ...

Business News of Saturday, 23 December 2023 Source: GNA                          Finance Minister, Ken Ofori-Atta Parliament on Saturday passed the Appropriation Bill, 2023, to allow Government to withdraw GH¢259.05 billion to meet its expenditure for the 2024 financial year. The amount will be withdrawn from the Consolidated Fund and other public funds ...

Business News of Wednesday, 20 December 2023 Source: www.ghanaweb.com Managing Director of SML, Christian Sottie Strategic Mobilisation Ghana Limited (SML) has strongly refuted allegations of being awarded a 10-year government contract, asserting that the duration of the contract is, in fact, five years. Dismissing claims made in a documentary by an Accra-based media outfit, SML challenged them to produce any contract ...

Business News of Tuesday, 19 December 2023 Source: www.ghanaweb.com Cocoa is a key export commodity for Ghana Ghana’s cocoa sector regulator, COCOBOD, has signed an $800 million syndicated loan agreement with international banks to support the 2023/24 crop season for cocoa purchases, Reuters has reported. According to the portal, Deputy Chief Executive Officer of COCOBOD, Ray Ankrah, disclosed this on Tuesday ...

  File photo As many Ghanaians are poised to register their vehicles in 2024, especially within the first three months of the new year to have the 24 number plate, the Deputy Director of Vehicle Inspection and Registration, Eric Addison, has noted that customers can register their vehicles in their respective regions and not necessarily travel all the way to ...