The Ghana Revenue Authority (GRA), despite the effects of the COVID-19 pandemic has set a tax target of GH¢80.3 billion for the 2022 revenue collection year, the Finance Ministry has announced.
An Accra High Court (Commercial Division) has ordered the Operator of Ghana’s Sankofa oil field, ENI Ghana Limited and its partner Vitol Upstream Ghana Limited to pay 30 per cent of revenue from the sale of crude oil to the Court Registrar.
Former Finance Minister, Seth Terkper, denied reports claiming that he supports the E-levy, describing the tax on some electronic transactions as the worst idea.
The current economic situation will sooner than later compel the government to return to the International Monetary Fund for bailout fund or programme, Economist and Associate Professor at Niagara University in Canada, Dr. Dennis Nsafoah has revealed.
The Senior Manager in charge of Mining at AngloGold Ashanti Iduaprim mines, Steven Asante Yamoah, says although it supports the Minerals Commission’s decision to regulate the manufacture and transport of explosives following the Appiate disaster, the closure of Maxam Company Limited will have adverse impact on the operations of over six mining companies in the country.
A three-month investigation based on interviews with dozens of fishery experts, company records and financial documents has revealed an opaque network of Chinese control and ownership of many industrial fishing vessels operating in Ghanaian waters – in contravention of local laws.
The National Identification Authority (NIA) has said it stands by its damning verdict for the quality of biometric data to be collected by the National Communications Authority (NCA) in the ongoing SIM re-registration exercise.