GoldFields

Gold Fields Ghana To Increase Gold Production Capacity With €450,000 Hi-Tech Rig
07 Aug

Gold Fields Ghana To Increase Gold Production Capacity With €450,000 Hi-Tech Rig

wontumionlineBusiness
Gold Fields Ghana has announced its plans to enhance efficiency and capacity in gold processing with the acquisition of a state-of-the-art comprehensive instrumentation rig, said to be the first of its kind in Ghana’s mining sector and Africa. Speaking at the commissioning of the instrumentation processing rig in Tarkwa, Joshua Mortoti, Head of Gold Fields West Africa, expressed that the acquisition of the over €450,000 hi-tech rig marks another milestone for Gold Fields in capacity enhancement. “This is a major investment that takes the skills development of our employees a notch higher because it adds to our solid technical training…
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Use Legal Means To Challenge Imposition Of Back-Tax – GRA To Multinational Companies
08 Feb

Use Legal Means To Challenge Imposition Of Back-Tax – GRA To Multinational Companies

wontumionlineBusiness, , , ,
The Ghana Revenue Authority (GRA) is advising multinational companies contesting the imposition of the ‘back tax’ penalties to use internal systems designed to address the issues of tax dispute. The authority in recent exercise imposed ‘back tax’ penalties on MTN, Tullow, Goldfields and Kosmos Energy. The companies have all indicated their positions to contest the claims by the GRA. But answering some questions sent to the GRA by Joy Business, the authority said the companies have the right under the GRA Law to object to the tax imposition, after which the GRA will determine the case in 30 days. If…
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