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
Golden Star Wassa Ltd, through its Golden Star Development Foundation, on Thursday, February 1, 2024, cut sod to commence a series of development projects in its host communities. The beneficiary communities are Akosombo, Akyempim, Brofoyedur, Kubekro, Odumasi, Accra Town, Old Subri, Juaben, and Anyinabriem. The projects are estimated to be more than one million US […] The post Golden
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
From left: Perry C.K Okudzeto, Deputy Chief Executive, NPA, Samira Bawumia, Zwelithini Mlotshwa, Michael S. Regan, Administrator, U.S. EPA, Virginia Palmer, Derrick Johnson, CEO of the National Association for the Read More... The post Puma Energy Enabling
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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
Puma Energy Ghana, a leading energy company, has reiterated its commitment to enabling access to energy and specifically clean cooking solutions as the U.S. Environmental Protection Agency (EPA) Administrator, Michael S. Regan, visited its affiliate LPG (liquefied petroleum gas) bottling facility. The visit, attended by Mr. Michael S. Regan, the Second Lady of the Republic […] The post Puma
The Ghana Revenue Authority (GRA) yesterday begun the implementation of the Emissions Levy Act, 2023 (Act 1112), which mandates owners of carbon dioxide equivalent emissions on internal combustion engine Read More... The post Vehicle Emission Levy Implementation Begins
The Ghana Union of Traders Association is urging the government to abolish the recently introduced Emission levy. The Emission Levy, introduced by the Ghana Revenue Authority on February 1, 2024, seeks to impose a levy on carbon dioxide equivalent emissions on internal combustion engine vehicles. This move comes in response to the Ghana Private Road […] The post Suspend controversial
The National Organiser of the New Patriotic Party (NPP), Henry Nana Boakye, popularly known as Nana B, is urging the Nana Akufo-Addo government to immediately withdraw the controversial Emissions Levy. He asserts that emission levies are typically imposed on developed nations that have embraced electric cars to address climate change. The National Organiser of the […] The post Withdraw
The time was 6.30pm on Thursday January 25, 2024. Gathered in the Crystal Palace Suite at the London Hilton Hotel on Park Lane were a collection of key United Kingdom (UK) corporate leaders with roots in Ghana – including High Commissioner to the UK and Ireland, Papa Owusu-Ankomah, and Tullow Plc Chief Executive, Rahul Dhir. […] The post Energy sector
The Institute of Climate and Environmental Governance (ICEG) has expressed concerns about the lack of commitment by the government to invest revenue that will be accrued from the Emission Levy. The Ghana Revenue Authority (GRA) announced that the Emissions Levy Act, 2023 (Act 1112), which imposes a levy on carbon dioxide equivalent emissions on internal […] The post Don’t
The Ghana Private Road Transport Union (GPRTU) has disclosed that it will increase transport fares following the imposition of the Emissions Levy which took effect on Thursday, February 1, 2024. The Emissions Levy which is contained in the 2024 budget is in line with the government’s efforts aimed at tackling greenhouse gas emissions to promote […] The post Emissions
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post
The Bulk Energy Storage and Transportation Limited Company, BOST held a thanksgiving service over the weekend to commemorate the 30th anniversary of its existence. The event was to give thanks to God for his grace and mercies for keeping the company alive and thriving despite the myriad of challenges it has faced in the course […] The post BOST marks 30th anniversary with
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
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