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Accra
Sunday, May 22, 2022
The controversial Electronic Transaction Levy (E-levy) since it was approved in Parliament has become the worry of many Ghanaians. Some have become apprehensive about how the new tax will impact their finances, be that as it may, on May 1,...
Rising cost of food prices pushed Ghana’s inflation rate in the month of March 2022 to 19.4%, the highest since August 2009. According to the Ghana Statistical Service, Foodstuffs such as Oil and Fats (28.2%), Water (27.1%), Cereal Products (25.0%),...
Businessman, Rodrigo Renato Gianno, has sued Hearts of Oak Midfielder, Sulley Ali Muntari, at the High Court. The writ and statement of claim was filed on March 21, 2022, by lawyer for the businessman, Kwadwo Gyasi Ntrakwah of Ntrakwah and...
The Central Bank of Nigeria (CBN) has granted approval for the establishment of MTN's Mobile Money (MoMo) Payment Service Bank, MTN Nigeria announced on Monday. MTN in a statement said it had received a letter from the CBN granting approval...
The European Union is seeking to strengthen relations with Nigeria as it seeks to diversify sources of its natural gas imports in an attempt to reduce reliance on Russian energy. Nigeria is the fourth biggest liquified natural gas supplier to...
Business was booming for James Brew’s company, E-Constructions Solutions Ltd. His account at National Investment Bank (NIB) showed regular deposits, especially during Christmas. But when his account bulged in the Christmas of 2018, it would be the last for E-Constructions...
The Bank of Ghana has revealed that some of the persons involved in the GH¢1bn fraud that hit the banking sector in 2020 are being prosecuted. A source at the central bank told the Daily Graphic that while some of...
E-levy Rolls Out in May

E-levy Rolls Out In May

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The Minister of Finance, Ken Ofori-Atta has disclosed that the national electronic levy will take effect from May. He said though the bill has been approved by Parliament, it will take some time for it to take effect. Speaking to the...
The Minister of Finance and Economic Planning, Ken Ofori-Atta, has claimed that the National Democratic Congress (NDC) had planned, in the party’s 2020 manifesto, to introduce an electronic transactions levy (e-levy). He said this at a town hall meeting in Wa on...
The finance minister, Ken Ofori Atta, announced the government’s intention to introduce the Electronic Transactions Levy (E-levy) in November last year at the reading of the budget statement for the 2022 financial year. ‘’After considerable deliberation, Government has decided to...
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