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Saturday 25 March 2017

2017-03-24

[B] Western region men demand highest pay in Ghana – Report
[N] Tighten MPs' security – Irbard Ibrahim
[N] NPP meets over attacks on REGSEC coordinator
[N] Prof. Botchwey cries out to NDC ‘dissidents’ to pipe down
[N] France to relocate Embassy in Accra
[N] 12 per cent Ghanaians jobless - Statistical Service
[N] Stop the blame game – NDC members cautioned
[N] Government to roll-out housing programme for military - Dr Mahamudu Bawumia
[N] Ashanti Regional Security Coordinator attacked
[N] Documentary on Ghana’s political history stirs controversy
[N] Koku Anyidoho, Anita Desoso have agenda to block Mahama’s comeback – Yamin
[N] Appoint DCE from Abetifi – Group
[N] We’ll deal with NPP macho men – Police
[N] Group pushes for repeal of ‘outmoded’ suicide law
[N] Students beat up school bursar over food, ICT payments
[N] Public reaction to John Dumelo's car seizure
[N] John Dumelo caught with state car

2017-03-23

[N] Decriminalize suicide - Clinical Psychologist
[N] Labour Force Survey report out
[N] Naabu wants to ride on Mahama’s popularity with his controversy-Ackon
[N] BECE candidate drowns in abandoned galamsey pit
[N] GJA postpones election indefinitely over disputes
[N] Mahama more experienced than Akufo-Addo – Kofi Adams
[N] Bus branding scandal cost us 2016 election – Twum Boafo
[N] 72 year-old man found dead in a gutter
[N] If I start talking, the NDC will collapse - Allotey Jacobs
[N] Flagstaff House assault: Court issues warrant for arrest of 2

2017-03-22

[N] Africa must use its resources to create prosperity – Nana Addo  
[N] One arrested for attempted human sacrifice in Western region  
[N] Anti-Human trafficking fight: Ghana risks losing $600m – Ambrose Dery
[N] Ambulance service goes 'wild' over 'false' ambulance accident story
[N] Djibril Kanazoe dragged before court for alleged tax evasion
[N] NDC plots to ditch Mahama
[N] Akufo-Addo should appoint more ministers – Nhyiaeso MP defends
[N] We were more divided than the NPP prior to 2016 polls - Boateng Gyan
[N] I am not interested in 2020 Presidency - Dr Omane Boamah
[N] NDC Primaries: I will beat John Mahama hands down – Namoale
[N] Assemblymen request for motorbikes
[N] 41 Police recruits sacked for forgery

2017-03-21

[B] Some OMC’s reduce fuel prices in line with recent tax cuts
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General News

[ 2017-03-20 ]

Goldfields pays 0.5 billion cedis in taxes for 2016
Goldfields Ghana Limited has emerged as the
largest taxpayer for the government of Ghana in
2016.

The mining firm paid 501 million cedis (0.5
billion cedis) in direct and indirect taxes to the
Ghana Revenue Authority (GRA).
Of the amount, Royalties accounted for the
highest.

The company paid 196 million cedis in Royalties
representing 39.12 percent of the total tax
amount.

The second highest was Corporate tax which
accounted for 159 million cedis representing 32
percent.

This was followed by Pay as you earn (PAYE) and
Withholding taxes with 94 million and 52 million
cedis respectively.

In March 2016, the government granted tax and
royalty concessions to Gold Fields Ghana Limited.

This was part of the stability agreement reached
after three year talks with the government to ease
its tax burden on Gold Fields.

The stability agreement Citi Business News
understands will help Gold Fields in saving some
33million dollars at its two mines which will feed
into its deliberations about the future of its
Damang mine.

In an interview with Citi Business News the Chief
Executive Officer and Executive Director of Gold
Fields Nick Holland said the agreement is a
win-win for the company and Ghana.

Meanwhile the GRA has announced plans to clamp
down on the tax evasion by some mining companies.

In a recent interview with Citi Business News, the
Head of Special Revenue Mobilisation task force,
Henry Sam said his outfit will be reconciling the
amount of taxes paid by the suppliers of mining
equipment with refunds claimed under the law.

The suppliers in 2016, claimed over 500 million
cedis in refunds.

Source - citibsinessnews.com



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