Ghana is developing a proposal for the adoption of E-Mobility in the transport sector to address the high levels of Green House Gas (GHG) and air pollution associated with the sector Finance Minister Ken Ofori-Atta has disclosed. Road transport alone contributes 45.4 percent of total fuel combustion emissions and accounts for 13 percent of the overall national GHG emissions. The ...
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Climate Action: We’ll invest in assembling electric motorbikes – Ofori-Atta
As part of the climate action and sustainable transition to a low carbon economy, Finance Minister Ken Ofori-Atta has disclosed that the government intends to invest in the use of technology, and will, in partnership with the private sector, invest in the assembly and integration of electric motorbikes. This was contained in the 2022 budget statement Mr Ofori-Atta presented before ...
Read More »2022 budget: More rural communities to be connected to nat’l grid
The Government of Ghana has announced an ambitious plan to connect more towns and rural communities to the national grid by the year 2022. Ghana, currently, has an electricity coverage rate of about 86.63 percent. In 2020, the government connected a total of 162 communities to the national grid. Currently, electricity connections to 512 communities are also at various stages ...
Read More »GLC agrees to admit 499 law students after crunch meeting
The General Legal Council (GLC) has reportedly agreed to admit the 499 law students at the Law School. This was after representatives of the aggrieved students and their lawyer met with the GLC and the Attorney General on Wednesday. “The subcommittee of the GLC that we met this evening will go back and report on the contents of these deliberations ...
Read More »2022 Budget: Gov’t announces new ways to collect property taxes
Minister for Finance, Ken Ofori-Atta, says government as part of efforts to improve its revenue mobilization has introduced innovative measures to collect property taxes in the country. Presenting the 2022 budge statement and economic policy on the floor of Parliament on Wednesday, November 17, 2021, the Minister said government is looking to assisting the Metropolitan Municipal and Districts Assemblies (MDAs) ...
Read More »Gov’t has reduced withholding tax rate for sale of unprocessed gold – Ofori Atta
Finance Minister Ken Ofori Atta has said that exports of unprocessed gold by small-scale miners through official channels have dwindled from over one million six hundred ounces in 2019 to below one hundred thousand ounces as of September 2021 through smuggling. To stem this tide, he said the government in consultation with the stakeholders in the industry has decided to ...
Read More »Gov’t introduces e-levy on mobile money transactions
Finance Minister Kenneth Nana Yaw Kuntunkunuku Ofori-Atta has announced a new levy to be charged by government in 2022 on all electronic transactions to widen the tax net and rope in the informal sector. “It is becoming clear there exists enormous potential to increase tax revenues by bringing into the tax bracket, transactions that could be best defined as being ...
Read More »Gov’t has reduced withholding tax rate for sale of unprocessed gold – Ofori Atta
Finance Minister Ken Ofori Atta has said that exports of unprocessed gold by small-scale miners through official channels have dwindled from over one million six hundred ounces in 2019 to below one hundred thousand ounces as of September 2021 through smuggling. To stem this tide, he said the government in consultation with the stakeholders in the industry has decided to ...
Read More »Budget: Deficit of 11.7% of GDP recorded against 4.7% target – Ofori Atta
Finance Minister Ken Ofori Atta has assured Parliament that the government is working hard to get back quickly to the pre-pandemic fiscal and debt trajectory. He said during the 2022 budget presentation on Wednesday November 17 that the fiscal policies implemented to provide relief during the pandemic has led to an increase in total public debt. The situation was made ...
Read More »Let’s burden-share to grow Ghana’s economy – Ofori Atta
Finance Minister Ken Ofori Atta has asked all Ghanaians to join hands in growing the local economy to benefit all. Presenting the 2022 budget statement in Parliament on Wednesday November 17, he said every adult Ghanaian will have to contribute to the delivery of critical infrastructure, social services and improve lives. This revenue mobilisation, he said, must be a collective ...
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