The Electronic Transfer Levy, which introduction last year sparked a row in Parliament, has now been reduced from the current 1.5% to 1%. However, the threshold of GHS100 has been scrapped. This means all E-levy transactions will now attract a flat rate of 1%. No reason was given for the reduction, but government appears to have listened to the cry of the people that it should be reduced. “The government intends to review the Electronic Transfer Levy (E-Levy) Act. More specifically, the government
Ghana is planning to use her gold to buy imported oil products, the Vice President, Dr. Mahamudu Bawumia, has hinted. According to the Vice President, the move is to address the foreign currency challenge associated with oil importation. He posted this on his Facebook page yesterday, while the 2023 Budget and Economic Policy was being read in Parliament. He explained in the post that the demand for foreign exchange by oil importers in the face of dwindling foreign exchange reserves resulted in
The Minority Spokesperson for Finance, Mr. Cassiel Ato Forson, says the government would exacerbate the hardships Ghanaians are going through with its decision to increase the Value Added Tax (VAT) by 2.5%. According to the Ajumako/Enyan/Essiam Legislator, the increment means the statutory rate of the VAT would be 21%, and the effective rate 22%. He said this additional tax would put extra hardships on the people of Ghana. “This is scary. For me, I am saddened, because it looks as if this
The former Member of Parliament (MP) for Sunyani West in the Bono Region, Kwadwo Adjei-Darko, has stated that the Minority in Parliament had realised that Censure for the removal of the Finance Minister, Ken Ofori-Atta, would not materialise. Speaking on Sunyani-based Ark FM’s Issues, hosted by Kwasi Kyei Baffour, the former Legislator explained that “Article 85 states that the President ‘may’, unless the Minister resigns his office, revoke his appointment as a Minister.” “So just
A Nigeria national, Chinadu Okafor, 22 and a trader, has been jailed one year imprisonment, after he claimed ownership of a pump action gun that was discovered in his ex-girlfriend’s room. Chinadu was sentenced by an Accra Circuit Court, presided over by Samuel Bright Acquah. The convict’s sentence was deferred to yesterday, when he pleaded guilty at his first appearance before the court to the count possession of firearm and ammunition without lawful authority, on Monday November
Dear Senior Opupulepu, How are you do? I hope you are do fine, fine just as me and mine are all do fine. Senior, you must be aware of the only ofli-dzata who lives among us and is not oflibut completely obibini. Senior, I am talking about Wofa Ken Ofli-Dzata, who triples as our Omanhene’s susu and lampo collector and is the officer-in-charge of all cowries. Senior, in this day and age a certain circle has gone round and come back unto us and we in Ogyakrom are celebrating the festival of poverty.
In 2013, the government launched the Rural Liquefied Petroleum Gas Promotion Programme (RLPGPP) as part of its commitment to providing Liquefied Petroleum Gas (LPG) access to 50% of Ghana’s population by 2020. Among other things, the programme sought to reduce the use of wood as fuel or fuel wood consumption among rural dwellers, which constitutes an existential threat to the climate change initiative. It is in the light of this that about 170,000 rural households were targeted to receive
Terrorists have performed a naming ceremony for the baby delivered by a kidnapped Kebbi student. The 16-year-old is one of the learners abducted from the Federal Government College (FGC) in Birnin Yauri. The young mother is among 11 remaining female students yet to be released. On June 17, 2021, armed bandits invaded the boarding school, and took 100 students and eight teachers. A policeman was killed. PR Nigeria was informed that a feast was held to celebrate the birth of the new baby. A local
The Aboro of Iboro, Abayomi Salako, has threatened to sue the Olu of Imasayi, Luqmon Kuoye, and his people over the naming of a road under constructiin by the Ogun State government. The two communitites are neighbours in Yewa North Local Government Area of the state. But Mr Salako said the Imasayi indigenes are his tenants as the land they settled on was given to them by the ancestors of his Iboro people. A few days ago, the Iboro community was left agitated after Mr Kuoye and his chiefs claimed
Joseph Ifeanyi moved swiftly through the thick, dirty waters that had submerged a part of his neighborhood at Infant Jesus Area of Asaba, the capital of Delta State. Soon, the odoriferous smell of the dark-coloured, stinking water took over the atmosphere. If Mr Joseph was disturbed by the offensive smell, he didn’t care to show it. It was in the last week of October when devastating floods submerged many states across Nigeria, with disastrous consequences for Delta communities, especially those
I believe it is also time we promote some local products doing well in the market. This particular product has performed extremely well with different anecdotal evidence I heard. I have decided to examine the science of this product without no financial obligations to the manufacturer. I aim to promote evidence-based natural remedies. Popularly known as ‘Policeniin’aduro no’. IMBOOST herbal mixture contains the essential raw materials that help your immune system resist diseases
Egg yolks are the yellow part at the center of an egg. They contain high levels of cholesterol but also provide a range of vital nutrients and health benefits. Eggs are a low cost, nutrient dense food that is easy to access and prepare, making them an excellent dietary staple for many people worldwide. They are extremely versatile. People can prepare eggs in several different ways or use them in many aspects of food preparation, cooking, and baking. In this article, we explain the benefits and
Whatever you do, work at it with all your heart, as working for the Lord, not for men, since you know that you will receive an inheritance from the Lord as a reward. It is the Lord Christ you are serving – Colossians 3:23-24. (NIV) Introduction Some people say that it does not really matter what you believe, as long as you do the right thing. However, Paul’s letter to Titus contradicts that sort of thinking. He knew that people become what they think, and that everything they do
Introduction Right Honourable Speaker, Honourable Members of Parliament, on the authority of the President of the Republic of Ghana, and in accordance with the requirement under Article 179 of the 1992 Constitution of the Republic of Ghana, I present to you the 2023 Budget Statement and Economic Policy of His Excellency Nana Addo Dankwa Akufo-Addo. Mr. Speaker, I beg to move that this House approves the Budget Statement and Economic Policy of the Government of Ghana for the year ending 31st December,
Nothing could separate Uruguay and South Korea in their World Cup opener in Group H despite plenty of attacking quality on show in Qatar. In front of a vibrant crowd at the Education City Stadium, the South Koreans frustrated Uruguay but did not create many clear-cut opportunities. Their best fell to Hwang Ui-jo, who fired over the bar in the first half, before Uruguay captain Diego Godin headed a corner against the post. Hwang stood with his head in hands afterwards, while team-mates fell to
Former world best player, Cristiano Ronaldo, led Portugal to a 3-2 victory over the Black Stars of Ghana at the 974 stadium yesterday, to top Group H after Uruguay and South Korea played out a goalless draw earlier in the day. Ronaldo opened the scores following a controversial penalty awarded to him in the 65th minute, when Mohammed Salisu challenged for the ball in the box. The Southampton defender was judged to have fouled the Portuguese’s talisman in the process, leading to the award of
President Muhammadu Buhari on Wednesday finally unveiled the re-designed Naira Notes as proposed by the Central Bank of Nigeria (CBN).The CBN Governor, Mr Godwin Emefiele had on Tuesday said that the president will unveil the newly designed N1,000, N500 and N200 notes. The unveiling today, marks the first time in 19 years, Nigeria will be redesigning it’s currency notes. At a briefing after the ceremony before the Federal Executive Council meeting, the CBN governor debunked insinuations suggesting
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