E-commerce

24 Aug

GRA Rakes In ¢440 Million From E-commerce In 6 Months

wontumionlineBusinessE-commerce, GRA, Rev. Dr. Ammisshadai Owusu Amoah

The Ghana Revenue Authority collected about ¢440 million from e-commerce businesses in the country since the introduction of taxes on their services in the latter part of 2022. According to the Commissioner General of the GRA, Rev. Dr. Ammisshadai Owusu Amoah, about 110 firms have registered on the portal and paying their taxes. He made the revelation to Joy Business after addressing the 11th Annual International Tax Conference in Accra. This year’s tax conference theme “Taxation and economic development; a review of Ghana’s tax policies”was chosen to reflect the current state of the country’s tax collection which has been very…

07 Dec

E-commerce In Ghana – Statistics & Facts

wontumionlineBusinessE-commerce

Online purchases in Ghana have experienced continuous growth over the last few years. This development has been facilitated by several factors, such as the nationwide provision and accessibility of internet and payment services.As of 2022, the penetration rate of the e-commerce market in Ghana stood at 27.41 percent.This share increased from nearly 12 percent in 2017 and is expected to reach more than 37 percent by 2027. Likewise, the number of internet users has gradually expanded.Moreover, as of 2022, close to eight million consumers made digital payments in Ghana, thereby contributing to the monetary value of digital transactions registered that year. Consequently, e-commerce market revenue has…