Just in: gov’t gives Kantanka Automobile 10 year tax holiday

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Information available to BestNewsGH.com indicates that government has given a 10 year tax holiday to indigenous Ghanaian automobile firm, Kantanka Motors.

The move is to aid the company produce vehicles for the mass market and sell at affordable prices to Ghanaians.

The company will also enjoy duty-free importation of materials and other equipment for assembling and manufacturing purposes.

This was announced by the Chief Executive Officer of Kantanka Group of Companies Nana Kwadjo Safo Ankofena Jnr at the end of year party and awards ceremony held at his residence in Kwabenya yesterday 6th January 2019.

The company has been expectant of this gesture from government for some time now, and this comes in handy as the company looks to expand and increase its production base, with plans to export in the near future.

Source: BestNewsGH.com

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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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