A Deep Sigh of Relief
The maiden budget of the government of President Nana Addo Dankwa Akufo-Addo, presented to Parliament yesterday by the Finance Minister, Ken Ofori-Atta, is incontrovertibly a deep sigh of relief for...
Tag: Financial services
Government Must Fulfill Promises – AGI
The Association of Ghana Industries (AGI) has called on government to ensure the implementation of incentives promised the business community. Speaking to Starr Business after the presentation of the...
Ghana Could Become Dumping Grounds For Spare Parts
The immediate past Finance Minister, Seth Terkper, has said the decision to remove taxes on the importation of vehicle spare parts will make the country a dumping ground for over aged vehicles....
Spare Parts Dealers To Cut Prices
Spare parts dealers at Abossey Okai in Accra have pledged to reduce the prices of their goods owing to the removal of taxes on the importation of automobile spare parts into Ghana. Minister of...
Government Scraps 11 ‘Nuisance’ Taxes
Government yesterday announced in Parliament that it has abolished some 11 taxes it termed ‘nuisance’ taxes and reviewed four other taxes, which were negatively affecting businesses in the...
Budget 2017: Gov’t Must Fulfill Promises – AGI
The Association of Ghana Industries (AGI) has called on government to ensure the implementation of incentives promised the business community. Speaking to Starr Business after the presentation of the...
Electricity VAT Must Go
Although the government of Ghana has scrapped some taxes and reduced others as a way of bringing down the cost of doing business, it is quite surprising that there was not a mention of the removal of...
‘Asempa’ Budget Dazes NDC
Jaw-dropping tax incentives and reliefs announced by the Finance Minister, Ken Ofori-Atta, in the 2017 ‘Asempa’ budget statement yesterday which clearly defined policies to resuscitate the ailing...
We’ll Pass RTI Bill – Ofori-Atta
Finance Minister Ken Ofori-Atta has revealed that the government of Nana Addo Dankwa Akufo-Addo will pass the Right to Information (RTI) bill as a way of dealing with corruption in the public sector....
‘Asempa Budget’ Triggers Jubilation
The expectations of Ghanaians with regard to the campaign promise by President Nana Addo Dankwa Akufo-Addo and the NPP to reduce the burden of taxes imposed on them by the previous Mahama-led NDC...
NDC Always Presented ‘kwashiorkor’ Budget Statements
Ashanti Regional Chairman of the New Patriotic Party has lashed out at the previous National Democratic Congress (NDC) administration describing them as bad ‘political chefs’ who didn’t know...
2017 Budget Will Unleash More Hardships On Ghanaians
A former Deputy Finance Minister under the previous National Democratic Congress (NDC) government, Fifi Kwetey has asked Ghanaians especially dealers in spare parts not to jubilate over...
GREDA Lauds Govt For Removing 5%VAT On Housing Cost
The Ghana Real Estate Developers Association (GREDA) has welcomed government’s decision to scrap the 5% VAT on cost of real estate. Presenting the budget in parliament yesterday, Finance Minister,...
Import Levy Killed Us
The introduction of the import levy on secondhand spare parts by the previous government drove away customers from all over West Africa who were travelling to Abossey Okai in Accra to conduct...
2017 Budget: NDC Frightened – Akoto-Osei
The National Democratic Congress have been frightened by the level of innovation and decision taken in the 2017 budget, according to Monitoring and Evaluation minister Dr. Anthony Akoto-Osei. The...
Tax Cuts Recipe For Disaster – Terkper
A former Finance Minister Seth Terkper is predicting doom for the economy of Ghana following a number of tax cuts and reductions. According to him, scrapping nine taxes and reducing three is a recipe...
2017 Budget Brings Huge Relief To Spare Parts Dealers, Kayayei
AUTO (spare) parts dealers across the country will soon heave a sigh of relief after the announcement by the Minister of Finance, Ken Ofori-Atta, of government’s decision to abolish import duties...
Financial Analyst
The decision by the Akufo-Addo-led government to scrap some taxes and reduce some is apt, Bernard Owusu-Mensah, a Financial Analyst, has said. According to him, some of these taxes should have been...
Budget Has Frightened NDC
Minority Members in Parliament have been hit with excessive fear following the bold decisions that have been taken by the Akufo-Addo-led government in the maiden budget statement, Dr Anthony...
IMANI’s Quick Picks From 2017 Budget
The general feeling is that the Minister passed his first test given the replication of major campaign promises in the budget. The structure of the budget itself didn’t change much from the...