GRA assures businesses of simpler tax compliance on ITAS

COCOBOD, the cocoa sector regulator, has released GH¢2.6billion to Licenced Buying Companies (LBCs) to expedite farmers’ payments, thereby clearing a significant portion of arrears owed.

The country’s inflation rate could potentially drop below the current 5.3 percent recorded in June this year, Databank analysts have suggested.

The Ghana Revenue Authority (GRA) has concluded investigations into the interception of 18 trucks that were falsely declared as transit cargo destined for Niger, describing the operation as a deliberate smuggling scheme intended to evade taxes and divert goods onto the Ghanaian market.

Sixteen national governments from across Africa, Asia, the Caribbean, Europe and the Pacific met at the 11th Our Ocean Conference and adopted the Mombasa Declaration, committing to advance global fisheries transparency and strengthen efforts aimed at combatting illegal, unreported and unregulated (IUU) fishing.