The National Petroleum Authority (NPA) has indicated its decision to restore the Price Stabilisation and Recovery Levies (PSRL) on petrol, diesel and Liquefied Petroleum Gas (LPG) products effective February 1, 2022. President Akufo-Addo had directed the National Petroleum Authority to extend the removal of the Price Stabilisation and Recovery Levies on petrol, diesel, and LPG to […]
Highly acclaimed crisis management company, LCB Worldwide Ghana Limited and the Ghana Union of Traders Association (GUTA) has taken the Market Centres Fumigation project to Cape Coast, the Central Regional Capital. The fumigation train stopped in Cape Coast on Saturday January 29, 2022. As was the case with the Abossey Okai Spare Parts Market in […]
Internationally acclaimed Crisis Management Company, LCB Worldwide Ghana Limited in collaboration with the Ghana Union of Traders Association (GUTA), has taken the fumigation of market centres in the country to the Eastern Regional Capital, Koforidua. Thousands of shops in the city, spanning six market centres namely, Central Market, Juaben Serwaa Market, Adweso Market, Zongo Market, […]
The government has concluded extensive consultations with key stakeholders on the electronic transactions levy (E-Levy) to help build consensus around the passage of the revenue measure. It has also secured the blessing of telecommunication companies (telcos) on the levy in the spirit of burden sharing, which has caused the firms to agree to shave off […]
Renowned Crisis Management Company, LCB Worldwide Ghana Limited on Sunday, January 16, 2022, fumigated shops at Abossey Okai and other Market Centres within the Greater Accra Region. The exercise which was executed in collaboration with the Ghana Union of Traders Association (GUTA) saw more than One Thousand (1,000) shops fumigated. The move comes on the […]
Efforts to increase revenue mobilisation are yielding the needed results, with data showing that the Ghana Revenue Authority (GRA) beat its target for last year by GH¢265.39 million. The authority collected GH¢57.32 billion in revenue in 2021, against the target of GH¢57.055 billion, mainly as a result of plugging the loopholes for tax avoidance by […]
The Ghana Revenue Authority (GRA) has stepped up efforts to ensure that all tax defaulting companies honour their obligations to the state in order for the authority to meet its revenue target for the year. Consequently, the authority has ordered seven directors of three companies to report to its Domestic Tax Division for discussions on […]
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by an average of 10 per cent. The review will see all 225,000 pensioners on the SSNIT pension payroll as of the end of last month have their monthly pensions increased by a fixed rate of 9.68 per cent, plus a redistributed […]
The Ranking Member on the Finance Committee of Parliament, Dr Cassiel Ato Forson has predicted that 2022 will be a year of economic misery and inflation, urging Ghanaians to brace up for difficult times. In a Facebook post, Dr Forson also projected that the prices of goods will increase by at least 30% and the […]
The Minister for National Security, Mr Albert Kan-Dapaah has urged staff and management of the Ghana Revenue Authority (GRA) to address revenue leakages, particularly at key revenue generating points in the country to help safeguard Ghana’s economic security. Revenue leakages, he said, occur with the complicity of some staff of the GRA who he described […]
All major roads leading to the central business district (CBD) of Accra are choked with a long winding gridlock, as well as human activities, as people troop to the city centre to either buy or sell in preparation for the Christmas festivities. The situation gets so bad that some passengers, particularly those commuting in public […]
The Ministry of Finance has refuted allegations that a private company has been awarded a contract to collect the proposed Electronic levy (E-levy) on Mobile Money transactions, inward remittances and ATM withdrawals. Instead, the Finance Ministry in a statement issued yesterday said the Ghana Revenue Authority is the state agency mandated to collect the levy […]
