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2023 Budget: E-levy Rate to be Reduced from 1.5% to 1%

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The Finance Minister Ken Ofori-Atta has announced a proposal in the 2023 budget statement to reduce the e-levy rate from 1.5 per cent to 1 percent.

He also announced a proposal to “increase the VAT rate by 2.5 percent to directly support our roads and digitalization agenda;  Fast-track the implementation of the Unified Property Rate Platform programme in 2023; and Review the E-Levy Act and more specifically, reduce the headline rate from 1.5% to one percent (1%) of the transaction value as well as the removal of the daily threshold.”

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He said these when he presented the 2023 budget statement in Parliament on Thursday November 24.

Mr Ofori-Atta further assured Parliament and Ghanaians in general that every dime that is collected in the form of taxes will be spent well by the government.

He said “There will be fiscal discipline, every pesewa will be spent well.”

He further proposed in the 2023 budget presentation an increment in the Value Added Tax (VAT) by 2.5 per cent.

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The standard VAT rate is 12.5%, except for supplies of a wholesaler or retailer of goods, which are taxed at a total flat rate of 3%.

The proposal to increase the rate forms part of the seven point agenda to revitalize the economy, the Finance Minister told Parliament on Thursday November 24.

He also announced that the government will undertake major structural reforms in the public sector.

Regarding the economic challenges, he told Parliament that the government was determined to change the narrative after admitting that the country has been going through troubles.

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“The government is determined to change the negative narrative and rebuild for a better future,” he said.



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Individuals Without Ghana Card Exempted From Ongoing SIM Deactivation – NCA

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Individuals Without Ghana Card Exempted From Ongoing SIM Deactivation – NCA

The National Communications Authority (NCA) has said individuals yet to obtain their Ghana Card will not be affected by the ongoing SIM deactivation.

The Ghana Chamber of Telecommunication Wednesday announced that subscribers who have failed to complete the biometric stage of registration will have some services disconnected.

The services to be blocked are; voice, data (Mobile, phones, mifis, other data providing devices), SMS (incoming and outgoing) USSD, mobile money services and emergency services.

However, the Director for Consumer & Corporate Affairs at the NCA, Nana Defie Badu noted that people who are yet to receive their Ghana Card will be exempted.

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“For those who did not have their Ghana cards and have not been able to register, those people will be exempt from any punitive measures pending the NIA giving them their Ghana card,” she disclosed on the Joy News’ AM Show on Thursday.

She explained further that her outfit was opened to help address the concerns of the general public and their inability to register their SIM cards.

“We acknowledge that there are some people who actually did the stage where they actually linked the sim to the Ghana card but unfortunately, after doing that their Ghana card were either lost, damaged or through no fault of theirs, they could not proceed to do stage two.

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“So, for these people, we have actually asked that they should engage the NCA by calling our toll-free number. After we do an investigation and verify the issue, these people will also be put on the exclusion list pending them getting their Ghana cards reissued to them,” she told the host.

Meanwhile, AirtelTigo has announced that all SIM cards that are not fully registered on its network as of November 30 2022, will be blocked from accessing all services.

In effect, all partially registered SIM cards i.e, customers who have successfully linked their SIM cards to their Ghana Card but have not done biometric capture will be blocked from making and receiving calls, accessing the internet & mobile money services, sending & receiving SMS, amongst others.

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Source: www.GhanaCNN.com

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We’II Not Reduce Transport Fares Despite The Reduction In Fuel Prices – Drivers

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The True Drivers Union has asked Ghanaians who have asked commercial drivers to reduce transportation fares as a result of lower fuel prices to stop.

The Union has stated that it will not lower transportation fares.

The True Drivers Union’s Public Relations Officer, Yaw Barimah, stated that there is no justification for such a reduction.

He told Nyankonton Mu Nsem on Rainbow Radio 87.5Fm that drivers have not even considered such a suggestion from Ghanaians.

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He stated that the current transportation fares would remain unchanged.

“We are aware that the cost of fuel has decreased. We would desire to reduce transportation fares, but we are not prepared to do so. We will not even lower fares by one pesewa. There has been no change. As a result, we are unwilling to lower transportation fares.”

“If a thief steals from you and you chase him down and he gives you back some of what he stole from you, do you celebrate and clap for him?” he asked.

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He claimed that the cost of fuel had risen above normal levels in the past, as had the cost of spare parts, so why should we reduce transportation fares?



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Hopeson Adorye Recounts How He Was Sacked From National Security

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A one-time parliamentary aspirant of the New Patriotic Party (NPP) for Kpone Katamanso, Hopeson Adorye, has refuted news publications that his removal from the National Security Secretariat was because he was not supposed to be working there after he was fired in 2017.

Hopeson Adorye

Speaking in an Okay FM interview, Hopeson Adorye said that the sack letter he received was dated November 17, 2022.

Adorye, who was previously the Deputy National Security Coordinator in Charge of Airports, added that the reasons for his sacking were not stated in the letter because it was President Nana Addo Dankwa Akufo-Addo who ordered his dismissal.

“The news publication is wrong. Why will someone be sacked and leave his post after 4 years? What happened was that in 2017, I had to leave my post at the airport and go back to the ‘blue gate’ because the security at the VIP section of the airport, which the National Security was in charge of, was being taken over by the Foreign Affairs Ministry. I was never sacked; what ‘The Herald’ is saying is false,” he explained in Twi.

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“How can one person be sacked from the same job twice? Tomorrow will be exactly two weeks since I received the letter indicating my appointment had been terminated with immediate effect. The letter was dated 17th November 2022 and I received the letter on 21st November, a day after my birthday,” he added.

He added that many elders of the NPP have advised him not to talk about the circumstances surrounding his dismissal, and he will for now heed their advice.
Hopeson Adorye had previously announced on live radio this week that he had been fired from his government job.

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He said during a discussion on Oman FM’s Boiling Point programme, on which he is a regular guest, that he had been fired purposefully because of his support for Alan Kyerematen.

Adorye is a vocal supporter of the Trade and Industry Minister in respect of the minister’s rumoured bid to lead the NPP as flagbearer when elections take place next year.

“God will cater for us; we will eat, Uncle (referring to the show host); God has got us. How we toiled in opposition for Akufo-Addo to come to power, we will do same for Alan Kwadwo Kyerematen to come.

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“I’m not a zombie, uncle, I was told that my support is not towards a particular camp, so I should be dismissed. I have been dismissed. ‘Your appointment has been terminated with immediate effect.’ That is why I am stressing that God will cater for us; we will never die,” he stressed.

Watch the interview below:

Source: Ghanaweb.com



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