AGI

New Taxes: We Foresee A Contraction In Manufacturing And Other Related Business Activities – AGI

New Taxes: We Foresee A Contraction In Manufacturing And Other Related Business Activities – AGI

The Association of Ghana Industries (AGI) has registered its disappointment at the passage of the three revenue bills – Excise Duty, Growth and Sustainability Levy and Income Amendment Bills by Parliament. The AGi said the approval on Friday, March 31 came on the heels of an already harsh business climate. The passage of these bills poses very dire consequences for Industry. “We continue to experience a tax regime that does not motivate local production and formal business operations. “We denounce the lack of stakeholder consultation on such fiscal policies, which have negative impact on businesses. AGI took steps to make input…
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PURC Must Stop Discrimination In Water Tariffs – Amcham Backs AGI

PURC Must Stop Discrimination In Water Tariffs – Amcham Backs AGI

The American Chamber of Commerce, Ghana (AmCham) is backing the Association of Ghana’s industry call on the Public Utilities Regulatory Commission (PURC) to end discrimination in water tariffs. According to the chamber, the recent upward tariff adjustments and the reclassification of Bottled Water and Beverage producers to the Commercial (Special Commercial) category are unfair and place an undue burden on companies. “We are of the opinion that the recent upward tariff adjustments and the reclassification of Bottled Water and Beverage producers to the Commercial (Special Commercial) category are unfair and place an undue burden on companies”, it said in a statement signed…
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