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Sunday 17 December 2017

2017-11-20

[N] Akyem Asuom: Ursula Named Nkosuohemaa
[N] Funding for Free SHS not a problem -Assibey Yeboah

2017-11-14

[N] E/R: Driver, 19, Jailed 8 Years For Kidnapping And Defiling Girl, 13
[N] Special Prosecutor could wait till 2019 if parliament misses 2017 passage
[N] Petroleum Revenue Mgt. Act breached for 7-yrs running – PIAC
[N] CEDTAG Strike action leaves colleges of education deserted
[N] Nduom is not presidential material -Maurice Ampaw
[N] Police blame Kasoa violent attacks on under-staffing

2017-11-10

[N] GMA indicts gov't for failing to employ medical doctors
[N] Ministers are not allowed to use sirens; Police order immediate removal
[N] Stay focused and deal with your controversies – Nana Addo to Zoomlion Boss
[N] We will face criminals boot for boots with ‘Father Xmas’ Operation -Ken Yeboah
[N] Step aside – Group to NDC Chairmen
[N] School Feeding Coordinators Trade Insults Over Naabu & Otiko
[N] Major Mahama bill passed

2017-11-09

[N] Free SHS: Ablakwa Donates Furniture to Schools
[N] Girls with excessive make ups may have ovary tumour – doctor
[N] Visitors pay GHc2 to see prisoners
[N] Consider our request to contest 2020 polls -NDC Chairmen to Mahama
[N] Colleges of Education still closed as talks over arrears fail  
[N] Economic policies paying off - Prez
[N] Cancer disfigures head of 2-year old, sticks mother with ˘12,000 bill
[N] There is corruption in police service- COP Ken Yeboah
[N] 3 arrested in Kumasi for robbing, raping victims

2017-11-08

[N] Help Gov’t to achieve its revenue targets -Nana Addo to GHAPOHA
[N] NPA to close down 35 more high-risk LPG stations nationwide
[N] Uber adds Paid Wait Time; additional features for driver-partners
[N] ‘Bawumia is only confident, he knows nothing’- Minority
[N] A/R: Queen mothers grateful to 1st lady for KATH mother & baby unit
[N] If our bond was issued at 20% it would have been oversubscribed- Kwarteng hits b
[N] Tiger Eye F’dation Partners Klarity To Fight Corruption
[N] AG’s application against Indian businessman dismissed again

2017-11-07

[N] Bawumia behaving like a ‘heartless’ serial caller – Ofosu Kwakye
[B] 2018 budget to improve domestic revenue collection
[N] 24,377 cattle, 225 owners registered in Kwahu
[N] New agency inaugurated to boost revenue collection in oil and gas sector
[B] New Drivers’ License to be launched today
[N] Tell the true African stories through your writings – Nana Addo to PAWA
[B] Investor uncertainty, others impacted energy bond  

2017-11-06

[N] Sack Freddie Blay for defending Ayisi Boateng – Alhaji Sani
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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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