• Constructing boreholes and ponds without license is illegal • Failure to obtain a water drilling licence from the Water Resources Commission could end one in jail • The Commission has urged individuals and companies to secure a license before engaging in drilling activities Persons who drill boreholes and ponds without a license from the Water Resources Commission (WRC) will face not more than 12 months in jail or pay a fine of not more than 200 penalty units.
• Government has begun reviewing VAT flat rate • The 4% VAT flat rate scheme applies to small businesses • The rat also applies to firms that are exempted from paying the full 18.
Parliament is today August 2, 2021 holding a session lay a number of bills before the House.
On August 2, 2019, the Ranking member for the finance committee in parliament, Cassiel Ato Forson stated that, the committee needs more time to review the financial agreements and loans the government is proposing.
• The Cedi traded against the dollar at a mid-rate of GH¢5.
Chief Operations Officer at the Ghana Commodity Exchange (GCX) has revealed a minimum 20,000 metric tonnes (MT) of raw cashew nuts will be auctioned in the upcoming cashew crop season.
President Nana Addo Dankwa Akufo-Addo has underscored the need for African countries to build a robust financial compliance system and ensure a strict enforcement of systems.
On August, 2, 2019, the Member of Parliament for Ejumako Enyan Essiam, Cassiel Ato Forson has stated that he couldn’t read in between the lines of an 80 to 150 pages document in an hour.
Deputy Majority Leader in Parliament, Alexander Afenyo Markin has cautioned the leadership of the minority side to refrain from acts targeted at bringing the name of the judiciary into disrepute.
Highlife legend, Ben Brako, has lashed out at the country's Covid-19 testing protocols for returning passengers at the Kotoka International Airport (KIA), saying the situation is driving away potential investors.
Motivational speaker, journalist and development advocate Charles Sam has died.
Motivational speaker, journalist and development advocate Charles Sam has died.
Veteran Ghanaian movie actress, Naomi Kumiwaa Banafo has opened up about how she landed in an American prison on drug trafficking charges.
The Kwame Nkrumah University of Science and Technology faces imminent closure following a strike action by the University Teachers Association of Ghana and the Senior Staff Association.
President Nana Akufo-Addo has stated that for Africa to transform itself and become the epitome of economic empowerment and self-reliance, she needs to have the means to protect and optimize the resources at her disposal.
• The Minister of Fisheries and Aquaculture has reopened fishing season in Ghana • Fisherfolks in Elmina are however not permitted to go fishing • The punishment is due to their involvement in light fishing The Minister for Fisheries and Aquaculture, Mavis Hawa Koomson has extended the close fishing season for fisherman in Elmina as punishment for their involvement in light fishing despite its ban in the country.
• The FDA has warned against the use of SUDAN IV in locally produced palm oils • According to the CEO of the Authority, her outfit is on the lookout for offenders • The Artisanal Palm Oil app has been created to ensure an authentic and healthy sale of palm oil in the Ghanaian market.
• Osei Kyei Mensa-Bonsu wants laws governing asset declaration to be reviewed • He argues that reviewing the laws will allow for proper investigations • This, he opines, will help combat corruption The leader of the majority side of the eighth parliament, Osei Kyei-Mensa-Bonsu has suggested a candid reassessment of laws governing the public disclosure of assets of public officeholders.
• The cost of the National Cathedral project has been approximated to cost US$200 million • Government had earlier pegged the cost of the project to be about US$100 million • The Finance Minister has appealed to the citizenry to donate GH¢100 a month in a bid to mobilise funds for the project An estimated cost of US$200 million will be needed for the construction of an ongoing National Cathedral project, a secretary to the Board of Trustee, Victor Kusi Boateng
The Ghana Union of Traders Association (GUTA) has appealed to the government to rescind its intended decision to remove the Benchmark Value Reduction of 50% introduced on some selected items.
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