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Eastern Region: Tourism Authority closes down 12 facilities, plans to close 13 more
The move is part of a 10-day exercise to close down about 25 non-compliant facilities within the Eastern Region.
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The move is part of a 10-day exercise to close down about 25 non-compliant facilities within the Eastern Region.
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Business
Under Regulation 42(1), the Authority is empowered to impose civil penalties upon those who breach the Regulations
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It featured the Director of Research and Member of the Monetary Policy Committee of the BOG, Philip Abradu-Otoo, a Professor of Economics and Director of ISSER, Prof Peter Quartey, and Ag. Head of Markets at Absa Bank Ghana, Jacob Brobbey.
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“If you look at our FX market, I think the FX Act was passed in 2006. I think 16 years down the line, we have to relook at it if indeed the provisions as we have them there are really fit for the purpose."
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“As far as the E-levy is concerned, what we are beginning to see in the numbers since May, I think roughly we are seeing something like 54 million Ghana cedis is what has come in for the first month."
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"In fact, there are Legislations in this country that actually prevents entities from growing. A recent one was passed which actually bans limited liability partnerships."
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According to the statement dated May 23, 2022, and signed by its Public Affairs Directorate, the defaulting companies have been slapped with fines ranging from thousands of cedis to a month-long suspension of operations.
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Announcing in a tweet today, May 12, 2022, the FDA said the closure of the restaurant is to enable it to begin investigations into the matter.
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Aftermath of the Supreme Court order to GRA: A look at E-levy deductions, accountability
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The increment from GH¢450 to GH¢500 will affect Private Unlimited Companies, Public/Private Companies Limited by Shares, and Public/Private Companies Limited by Guarantee such as churches, schools, unions, associations, and clubs.
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