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Tag: TAX POLICY

Business / Companies / economics

Dr. Ato Forson Rejects GH¢53 Billion Bailout for Bank of Ghana

March 12, 2025March 12, 2025 - by Victor Santos - Leave a Comment

Dr. Cassiel Ato Forson, Ghana’s Minister of Finance, announced that taxpayer money will not be used to recapitalize the Bank of Ghana amid its financial troubles, stemming from a GH¢53 …

Dr. Ato Forson Rejects GH¢53 Billion Bailout for Bank of Ghana Read More
Business / Companies / economics

South Africa’s Treasury Proposes Smaller VAT Hike Amid Budget Stalemate

March 12, 2025March 12, 2025 - by Maya Chowdhury - Leave a Comment

South Africa’s National Treasury proposed a smaller VAT hike to resolve a political deadlock, marking the first budget delay in 30 years. Additionally, trade tensions with the U.S. intensify as …

South Africa’s Treasury Proposes Smaller VAT Hike Amid Budget Stalemate Read More
Business / Companies / economics

Ghana Revenue Authority Data Contradicts Former Minister’s Betting Tax Claims

March 12, 2025March 12, 2025 - by Liam O'Sullivan - Leave a Comment

The Ghana Revenue Authority has confirmed the implementation of a 10% betting withholding tax under the Akufo-Addo administration, contradicting former Finance Minister Mohamed Amin Adam’s claims. The tax generated GH¢15 …

Ghana Revenue Authority Data Contradicts Former Minister’s Betting Tax Claims Read More
Business / economics / Politics

South Africa’s Budget Discussions Encounter Last-Minute Tensions

March 12, 2025March 12, 2025 - by Aisha Khoury - Leave a Comment

South Africa’s cabinet continues budget discussions right before the finance minister’s presentation, after prior delays due to disagreements over a VAT increase. The Democratic Alliance opposes the proposed hike, contributing …

South Africa’s Budget Discussions Encounter Last-Minute Tensions Read More
Business / Companies / economics

Potential Impact of Tax Reform Bills on Nigeria’s Revenue Stream

March 12, 2025March 12, 2025 - by Victor Santos - Leave a Comment

Chief Davidson Chizuoke Stephen Alaribe, President of ICAN, advocates for pending tax reform bills in Nigeria that aim to improve revenue and promote tax compliance. Mr. Taiwo Oyedele stresses the …

Potential Impact of Tax Reform Bills on Nigeria’s Revenue Stream Read More
Business / economics / Politics

Ghana’s Upcoming 2025 Budget to Abolish Controversial Taxes

March 11, 2025March 11, 2025 - by Maya Chowdhury - Leave a Comment

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, announced the abolition of six contentious taxes in the 2025 budget, aligning with the NDC’s manifesto promise. The taxes to be scrapped include …

Ghana’s Upcoming 2025 Budget to Abolish Controversial Taxes Read More
Business / economics

Ghana’s 2025 Budget: Resetting the Economy for a Brighter Future

March 11, 2025March 11, 2025 - by Liam O'Sullivan - Leave a Comment

The 2025 Ghana Budget, presented by Finance Minister Dr. Cassiel Ato Forson, focuses on economic recovery under the theme “Resetting the Economy for the Ghana We Want.” The budget reflects …

Ghana’s 2025 Budget: Resetting the Economy for a Brighter Future Read More
Business / Companies / economics

Ghana’s Government Eliminates Tax Burdens Amid Economic Struggles

March 11, 2025March 11, 2025 - by Ravi Patel - Leave a Comment

Ghana’s government has scrapped several taxes related to the IMF bailout to alleviate economic hardships on citizens. Key taxes removed include levies on mobile money transfers and motor vehicle insurance. …

Ghana’s Government Eliminates Tax Burdens Amid Economic Struggles Read More
Business / economics

Ghana Government Eliminates COVID-Related ‘Nuisance’ Taxes

March 11, 2025March 11, 2025 - by Aisha Khoury - Leave a Comment

Ghana’s government has announced the repeal of multiple taxes introduced during the COVID-19 pandemic, aimed at easing the financial burden on citizens. Five ‘nuisance levies’, including taxes on mobile transfers …

Ghana Government Eliminates COVID-Related ‘Nuisance’ Taxes Read More
Business / Companies / economics

Ghana’s 2025 Budget Reflects Critical Economic Milestones

March 11, 2025March 11, 2025 - by Victor Santos - Leave a Comment

Dr. Cassiel Ato Forson, Ghana’s Finance Minister, presents the 2025 Budget emphasizing the need for bold decisions to achieve economic growth and financial freedom. This budget, marking the Mahama administration’s …

Ghana’s 2025 Budget Reflects Critical Economic Milestones Read More

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