Report by Priscilla Koranteng Brown-08/04/2024
Vice president Dr. Mahamudu Bawumia, the New Patriotic Party(NPP) flagbearer, has assured the Ghanaian business community of his plans to implement business-friendly tax reforms to boost transactions under his administration.
Interacting with members of the Ghana Union of Traders Association (GUTA) in Accra, Bawumia reiterated his resolve to implement a flat rate tax system after granting tax amnesty to all businesses and individuals in 2025.
He pledged to to Benchmark Ghana’s port duties to that of Lome Port, Togo and make sure it is at par or even lower than that country’s port, in order to prevent smuggling and diversion of goods and cargoes to neighbouring ports.
The NPP flagbearer assured the business community of his plans to implement specific duties at the port on 20-footer and 40-footer containers to ensure predicability of pricing of imported goods.
“My government will be business-centered and make Ghana one of the most business-friendly economies in the world”
“I am encouraged by GUTA’s positive reaction to my policy proposals, especially the tax amnesty and flat tax and container rates proposal, aimed at creating a friendly environment for business to thrive”.
