The National Petroleum Authority (NPA) has announced measures to deal with the smuggling of petroleum products which is costing the nation about GH¢850 million. As part of the measures, exporters of petroleum products from the country are to pay the same taxes that local retailers and wholesalers of the products pay, but, unlike their local counterparts, the exporters will be allowed to file for tax refund later.
The Dean of the Centre for International Education and Collaboration (CEIC) of the University of Professional Studies (UPSA), Accra, Professor (Mrs) Goski Alabi, has urged the National Council for Tertiary Education (NCTE) to provide basis for a D-grade entry requirement into tertiary institutions. She said although students’ entry requirement was key in ensuring quality education, there was no basis for that cut-off point, for which reason the
A former Member of Parliament for North Dayi, Mr George Loh, believes the Auditor-General’s report comes under the scrutiny of the Public Accounts Committee (PAC) a little too late for any lasting impact because of rigid systems. Mr Loh, also a former ranking member of the committee, explained that malfeasance are normally highlighted years after the facts because of a backlog of issues.
The government is to launch in June, this year, a national financial inclusion strategy aimed at making financial services accessible to all Ghanaians, a Deputy Minister of Finance, Ms Abena Osei Asare has said. She said the strategy would address issues of soundness and stability in the financial market and oversee the deployment of financial infrastructure. Experts say expanding financial services to a large number of
Ghana's economy will shift from commodity-based to industrialisation in the next few years, following ongoing efforts to prioritise investments in petrochemicals, iron and steel industry and integrated aluminium to help drive the country’s new phase of development. Consequently, the government has outlined eight new strategic pillars as part of its effort to move the economy from commodity exporter to an industrialised one. The
The Media Coalition against Illegal Mining and allied stakeholders have slated another public forum for Thursday, May 4 to advance the cause to get galamsey banned across the country and its destructive effects reversed.
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