Year: 2022

Asiedu-Nketia (1)

Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey has called for a reduction in the 1.5% rate charged for e-levy. According to the Professor, the rate as it stands, will deter a lot of consumers from patronising e-transaction services. “If you’re going to tax, you ought to be very careful with the rate at which you tax since there are other options and as for me, this is why we recommended that a rate below 1% is something that most consumers will cope with, but as the rate increases, be rest assured that people will find alternatives and you may not be able to realise the revenue earmarked,” he said. He, thus, has entreated the government to reconsider the 1.5% rate. He nonetheless highlighted some benefits of the levy, stressing that “having passed the e-levy will give some sort of assurance that revenue gap will be plugged in one way or the other, perhaps not fully, but at least there’s some revenue that will be realised from this.” Parliament on Tuesday, March 29, 2022, approved the controversial Electronic Transactions (E-Levy) Bill. This decision was reached after the Consideration Stage was completed by a Majority-sided House. It was considered under a certificate of urgency. The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout. President Akufo-Addo is expected to assent to the Bill for it to become law.

31 March 2022

The General Secretary of the opposition NDC, Johnson Asiedu...

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1.5% on e-levy will drive e-transaction consumers away – Prof Quartey to government

31 March 2022

Director of the Institute of Statistical, Social and Economic...

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I have never seen hostile reactions like what we experienced in Abuja – GFA President

31 March 2022

President of the Ghana Football Association (GFA), Kurt Okraku,...

Mintah-Akandoh (1)

Agenda 111: Government is deceiving Ghanaians – Mintah Akandoh

31 March 2022

Ranking Member on Parliament’s Health Committee, Kwabena Mintah Akandoh,...

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E-levy: Your case is dead on arrival – Afenyo Markin on NDC’s suit against E-levy

31 March 2022

Deputy Majority Leader and Member of Parliament for...

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GIZ-Move project teamvisits GADCO milling plant

30 March 2022

GADCO, a milling rice farm in the Volta region...

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¢17.7bn spent by government on COVID-19 since 2020 – Akufo-Addo

30 March 2022

Data available from the Ministry of Finance indicates that...

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BoG puts on offer $100m to dealers in Foreign Exchange Forward Auction

30 March 2022

The Bank of Ghana is offering $100 million to...

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I draw from our rich well – Okyeame Kwame credits culture for his relevance in music industry

30 March 2022

Rapper Okyeame Kwame has credited the rich Ghanaian culture...

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Jada Pinkett Smith calls for ‘Healing’ after Will Smith slaps Chris Rock at the Oscars

30 March 2022

Jada Pinkett Smith responded somewhat cryptically to her husband...