At the just concluded LG Showcase MEA 2024 held in Abu Dhabi the electronic giant, welcomed guests and partners to an in-person event filled with an experience of a life time and an array of LG’s latest brands and products. The two-day event held at Conrad Abu Dhabi Etihad Towers Hotel in Abu Dhabi, UAE […] The post LG
The Ghana Private Road Transport Union (GPRTU) has expressed dismay over the sudden reversal of the Price Stabilization and Recovery Levy on petroleum products by the National Petroleum Authority (NPA). The National Petroleum Authority (NPA) on April 4, 2024, instructed all Oil Marketing Companies and related stakeholders to impose a levy of 16 pesewas per […] The post Suspension
In the annals of history, there are tales of remarkable women who defied the odds, shattered stereotypes, and blazed trails in fields traditionally dominated by men. From Marie Curie’s groundbreaking work in physics to Rosa Parks’ courageous stand for civil rights, these women have left an indelible mark on the world, inspiring generations to come. […] The post
In the wake of recent internet disruptions, the Ghana Revenue Authority (GRA) has been compelled to address concerns regarding the erroneous imposition of E-Levy on certain electronic transactions. According to the GRA, the interruption in internet connectivity impacted the real-time routing of electronic transactions to the Electronic Transfer Levy Management and Assurance System (ELMAS), prompting […] The post Internet
Professor Kwadwo Appiagyei-Atua has opined that following the Electronic Transaction Service levy (E-levy) debacle, President Nana Addo Dankwa Akufo-Addo has learnt lessons from the case and would want to respect the law while waiting for the Supreme Court’s determination on the applications for injunction filed against him and the legislature. Parliament unanimously passed the Human […] The post Akufo-Addo
Nana Akua Anyidoho The government has been urged to focus on effective revenue production and equitable distribution within the country’s larger tax framework instead of burdening consumers. Stakeholders at Read More... The post Stakeholders Call For E-Levy Review appeared first
Stakeholders from all sectors of the local economy are calling for a review of the electronic transaction levy (E-levy). They argue that instead of burdening consumers unnecessarily, efforts should focus on effective revenue production and equitable distribution within the larger tax framework. This came to light during a tax forum organized by the International Centre […] The post Participants
Electronic Arts (EA) is cancelling an upcoming Star Wars game and will lay off 5% of its employees globally- approximately 670 people. The game, which was in early development, would have been a first-person shooter set in the Star Wars universe. The firm said the “streamlining” would “deliver deeper, more connected experiences for fans”. It […] The post Star
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
By John S. Quaisie In today’s world, where new and emerging technology enables us to do business in more efficient and smarter ways and promote more efficient communication and documentation, Christians are confronted with the challenge of how to make appropriate and wise decisions, as we seek to promote the Kingdom business in more creative […] The post
The International Chamber of Commerce (ICC) and other associations urge WTO members to support continuation of the Moratorium on Customs Duties on Electronic Transmissions at the WTO’s Thirteenth Ministerial Conference (MC13). Allowing the Moratorium to expire would be a historic setback for the WTO, representing an unprecedented termination of a multilateral agreement in place nearly […] The post
An economist, Professor John Gasti, says the flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, will not be able to scrap the taxes on electronic financial transactions, also known as e-levy, as proposed if he is elected president of Ghana. Dr. Mahamudu Bawumia pledged to abolish the e-levy and four other taxes to […] The post It’ll
The Ghana Union Movement (GUM) has described Vice President Dr. Mahamudu Bawumia’s envisioned development plan for the country as a “cover-up to win votes.” The Union questioned the decision by the Vice President not to “acknowledge the failures of the Government” and expressed doubt over his promise to abolish some of the taxes introduced by […] The post Osofo
Some mobile money users in the Ashanti Region are sceptical about the promise Vice President Dr. Mahamudu Bawumia gave concerning the scrapping of the e-levy if he becomes president of Ghana. The controversial tax was introduced in 2022 by the Akufo-Addo government. While delivering a public lecture on his vision for the country after he […] The post Scrapping
In a bold declaration, Dr. Mahamudu Bawumia, the Flagbearer of the New Patriotic Party, has announced that he will abolish the controversial e-levy, bet tax, and emissions tax if Read More... The post E-Levy, Bet Tax, Emissions Levy To Go– Bawumia appeared
The Flagbearer of the New Patriotic Party, Dr. Mahamudu Bawumia, has stated categorically that he will abolish the tax on electronic financial transactions popularly known as e-levy, if elected President of Ghana. The controversial tax was introduced in 2022, and before the introduction, Vice President Bawumia had declared his opposition to levies on electronic financial […] The post I’ll
The Food and Beverage Association of Ghana (FABAG) is calling on the government to immediately withdraw the Emissions Levy. In a statement dated February 5, FABAG said it believes the aspect of the tax that affects the industry is highly insensitive and anti-business. On February 1, 2024, the government introduced a new tax policy on […] The post Withdraw
Dr. Elikplim Apetorgbor THE INDEPENDENT Power Generators, Ghana (IPGG) has indicated the implementation of the Emissions Levy may spike up the prices of power because it exerts a levy Read More... The post Independent Power Generators Kick
Samsung Electronics Co., Ltd. announced the global availability of the new Galaxy S24 series, which has received an impressive number of pre-orders thanks to its transformational Galaxy AI capabilities. Following the announcement, the new Samsung Galaxy S24 series achieved a double-digit increase in pre-order sales compared to its predecessor with above 65% of consumers opting for […] The post Samsung
The leadership of the Okada Riders Association is set to petition the Ministry of Transport next Monday to consider reducing the emissions levy. The Emissions Levy Act, 2023 (Act 1112), which imposes a levy on carbon dioxide equivalent emissions on internal combustion engine vehicles, started yesterday. The levy amount varies based on the type of […] The post Okada riders
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