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1,377 Six business associations have submitted a petition to Parliament urging the House to reject the import restrictions bill proposed by the government through the Ministry of Trade and Industry. The Joint Business Consultative Forum, comprising associations such as the Ghana Union of Traders Associations (GUTA), Food and Beverages Association of Ghana (FABAG), Importers and […]
1,407 The Minority in Parliament is accusing the government of indulging in corruption with party cronies through tax exemptions under the guise of the One District One Factory initiative. The Minority says “corruption-induced money that government officials got by inflating contracts and receiving kick-backs is also diminishing” due to the State’s inability to borrow to […]
1,447 Economist Prof. John Gatsi has suggested that electricity is essential if the 24-hour economy proposal by the flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, is to be implemented. He believes part of the manufacturing sector will be disincentivized if constant electricity is not provided to ensure effective production. The economist also […]
1,365 The Builsa South MP, Clement Apaak has condemned comments made by the Upper East Regional Minister, Stephen Yakubu over former President John Mahama’s 24-hour economy proposal. Mr Yakubu is seen in a video questioning the feasibility of the 24-hour economy idea. He argued that the proposed 24-hour economy would deprive farmers of their conjugal […]
1,502 Economist and Director of Operations at Dalex Finance, Joe Jackson, has expressed his strong belief in the feasibility of Mahama’s 24-hour economy policy. Jackson emphasized that the policy’s success hinges on the government’s ability to foster a conducive business environment. He highlighted the need for accessible financing and reduced tax burdens to support businesses. […]
1,391 A former Deputy Finance Minister and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan, has expressed support for the introduction of the legislative instrument (L.I.) aimed at restricting the importation of specific strategic products. He believes the move could contribute to a reduction in the country’s import bill. However, he highlighted concerns […]
1,509 Political Risk Analyst, Dr Theo Acheampong has lauded the 24-hour economy idea proposed by former President and NDC presidential candidate for election 2024, John Dramani Mahama. According to him, the policy, if implemented effectively, could be beneficial in reducing the unemployment rate in the country. Dr Acheampong emphasised that the policy has the potential […]
2,323 Ghana government is seeking to implement restrictions on the importation of 22 commodities. While the intention behind such measures may be to protect domestic industries and foster self-sufficiency, it is crucial to examine the potential consequences of these restrictions. In this article, we delve into the concerns surrounding these import limitations, particularly in relation […]
1,648 Vice President Dr Mahamudu Bawumia has urged the Ghana Revenue Authority (GRA) to capitalise on the connection between the Ghana Card and Tax Identification Number (TIN) to enhance the identification and tax collection processes for individuals and businesses. Describing the current GRA approach of focusing solely on existing taxpayers as “lazy,” Dr Bawumia emphasised […]
1,295 The University Teachers Association of Ghana (UTAG) has disclosed that the relief assistance extended to victims, especially students, in response to the Akosombo Dam flood disaster was insufficient. At the launch of their report on a rapid assessment of the aftermath, particularly in eight districts affected by the dam spillage and subsequent floods, UTAG […]