The mining sector is facing a challenge that could erode its competitive edge and cripple future growth, the Ghana Chamber of Mines has warned. The Chamber is raising red flags over new tax measures that could drive exploration firms away, choke investment, and even collapse some existing mining companies. Speaking on PM Express Business Edition on Thursday, […]
Tag: Taxes
We’ll resist any attempt to smuggle in new taxes or increase others – Minority warns
The Minority caucus in parliament has warned that it will strongly oppose any move by the government to introduce new taxes or increase existing ones, warning that such measures will burden Ghanaians further. Addressing a press conference on Monday, March 3, former Minister for Finance, Dr Mohammed Amin Adam, criticised the government’s tax revenue target […]
2025 Budget: GUTA calls for tax cuts, currency stability, and cost reductions
The Ghana Union of Traders’ Associations (GUTA) has expressed cautious optimism ahead of the government’s 2025 Budget Statement, emphasising the need for significant reforms to reduce the cost of doing business. The Association welcomed assurances from the new administration to streamline the tax system and cut down taxes, duties, and levies, which have long been […]
‘’You evade taxes at your own peril’’-GRA Commissioner-General warns public
The Acting Commissioner General of the Ghana Revenue Authority, Rev. Ammishaddai Owusu Amoah, has cautioned the general public that recalcitrant members of the public who fail to be tax complaint will be met with aggression this year emphasizing that more stringent measures would be applied to individuals especially agents and importers who declare falsely to […]
We cannot build Ghana if we do not want to be bricklayers-Gabby advocates tax compliance for a prosperous Ghana
New Patriotic Party (NPP) strongman, Gabby Asare Otchere-Darko is advocating tax compliance at the right rates in order to ensure a prosperous Ghana. He said ‘’we must begin as a nation to focus on the issue of how we can all pay our taxes, at the right rates (even if lower but wider), so that […]