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Author Archives: Pius Amihere Blay

GRA arrest four persons for diverting goods

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The Ghana Revenue Authority (GRA) has arrested four people for diverting duty free goods released for export in Paga to Nungua, Accra. Briefing the media on the development of the arrest, the Commissioner General of GRA, Mr. Emmanuel Kofi Nti said, a vehicle with the registration number, GT 5160-12 was carrying a 300,000 cartons of assorted wine made up of ...

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GSA calls for collaboration to strengthen paperless system           

Benonita Bismarck - CEO, Ghana Shippers Authority

The Ghana Shippers Authority(GSA) has called for a collaborative effort among all shippers to further strengthen the paperless system at the ports. The paperless system, which was implemented a year ago was to reduce human interactions which leads to various forms of corruption. Addressing a gathering on a forum on paperless port project, the Chief Executive Officer of the Ghana ...

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Heineken Launches its 500ml Bottle in Ghana

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Heineken, a premium beer brand globally, has introduced its 500ml bottle and 500ml can onto the Ghanaian beer market. The decision by the beer brand, which is distributed locally by Guinness Ghana Breweries Ltd. (GGBL), is bound to increase and drive more variety on the beer market front in the country as this innovative move offers beer drinkers a whole ...

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ACEP cautions GOIL on Exxon Mobil deal

Benjamin Boakye - Executive Director of ACEP

The Africa Centre for Energy Policy (ACEP) has cautioned the Ghana Oil Company Limited (GOIL) to ensure that it puts in place the necessary measures to absorb any risk that may arise from its partnership with Exxon Mobil. GOIL is set to become ExxonMobil’s local partner as it begins full-scale exploration for oil in Ghana’s West Cape Three Points in ...

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Passion Air welcomes third aircraft

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Passion Air has taken delivery of its third aircraft for its operations. The airline, which is the latest to join the domestic aviation space will now expand its routes with the new aircraft. The new aircraft comes three months into the start of operations by Passion Air. The aircraft also heralds the new Accra – Tamale route of the airline ...

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ABL, Kasapreko to lose operational licenses for breaching Tax Stamp laws

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Accra Brewery Limited (ABL) and Kasapreko Company Limited risk losing their operational licenses after it emerged that the companies were fixing tax stamps illegally on their products. For ABL, they were transferring tax stamps meant for its current production to its warehouses. By this, the company was requesting for more tax stamps and affixing them on goods already produced and ...

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Textile workers demand border monitoring to check smuggling  

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Leadership of the Textile, Garment and Leather Employees Union (TEGLU) are demanding that the borders at Aflao and other entry points be strictly monitored to stop pirated goods from entering the country. Their demand follows the decision by the Ministry of Trade and Industry and the Ghana Revenue Authority to make the Tema port the only entry point for textiles ...

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Passing on cost of tax stamp to producers will increase prices—AGI warns

Seth Twum Akwaboah 2

The Association of Ghana Industries (AGI) has appealed to the Ghana Revenue Authority (GRA) to continue to bear the cost of the implementation of the tax stamp policy. The call comes at a time when the GRA is extending the scope of the policy by affixing the stamp on other products already under the policy such as carbonated drinks and ...

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Telcos expected to adjust tariff upwards today

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Beginning today (1st November, 2018), Ghanaians are expected to start paying more for the services rendered by telcos operating in the country. The telcos, Airtel-Tigo, MTN and Vodafone, earlier announced they are adjusting their tariffs upwards due to the VAT recalibration announced in the Mid Year Budget Review. The government as part of the budget review in July separated the National ...

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PEF calls for review of Corporate Tax Policy

Nana Osei Bonsu - CEO, PEF

The Private Enterprise Federation (PEF) has entreated government to take a second look at the Corporate Tax System in the country. PEF argues that the corporate tax system is grossly unfair especially to Small and Medium Scale Enterprises (SME’s) as they are forced to pay the same 25 percent flat rate paid by large and successful businesses. “What we are ...

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