President Nana Addo Dankwa Akufo-Addo has assented to the Electronic Transaction Levy (E-Levy) bill to officially make it a law.
Beginning May 1, 2022, the Ghana Revenue Authority (GRA) will start collecting the levy.
President Akufo-Addo apparently signed the bill into law in Thursday, March 23, 2022.
Following the latest development, typically the implementation on the levy will take down on May 1, 2022, as unveiled by the Minister of Finance, Ken Ofori-Atta.
A Bag Of Sachet Water Goes For ¢8 Effective Today
Sachet water price is expected to increase from today, April 1. According to the National Association of Sachet and Packaged Water Producers (NASPAWAP), the new price of packaged water is informed by the increasing cost of raw materials and fuel and the cedi’s depreciation. Barring any hitches, a water sachet will be selling at ¢0.40, while the 500ml bottled water will be retailed at ¢2. From Friday, iced bottled water of 750ml or medium size will be sold at ¢2.50.
A bag of sachet water, 500ml by 30pcs, will be sold at ¢6 maximum from the retail trucks. Mini shops, however, will retail the commodity at ¢8 per bag maximum. The 1.5L or large bottled water will be sold at ¢3.50. President of the Asociation, Magnus Nunoo, has explained that most of the inputs and packaging materials which are mainly imported and produced from petroleum sources have seen price hikes.
“At our previous review, the dollar’s exchange rate was in the region of ¢6.50. Currently, it is inching up to ¢8.50. Fuel which forms a major cost of distributing the products to the market centres, has significantly gone up since our last review,” he noted. He, however, cautioned that there might be slight variations in prices across the regions due to haulage to remote and distant areas.
The president further appealed to government to review the tax policies on packaged water industry to help reduce the financial burden to save the industry.
Transport unions vow to enhance fares by 15% unless... April 1, 2022
Transport assemblage have served realize that the only issue that would cease the intended 12-15 percent increment inside transport fares while if the lowering of fuel rates is usually to the magnitude which a litre regarding fuel is distributed for GH¢8. 70. The unions claim anything more as compared to GH¢8. 80 would likely mean an increase in transport prices in the region.
Fuel prices will be expected being lowered marginally effective Thursday, April 1, 2022. Speaking to 3FM’s Sunrise ahead regarding the intended lowering, the Industrial Associations Officer of typically the Ghana Private Highway Transport Unions (GPRTU), Ibrahim Abass Imoro, said “we acquired planned to do of which [Thurs]day”.
“We had prepared a press seminar to announce typically the fare increments although we heard generally there was going to be able to be a price cut of fuel rates today so many of us pleaded with these people [members] to postpone the particular announcement till the decrease of fuel costs today. ”Alhaji Moro added that will “we have decided to increase simply by 15% but in case they can reduce gas prices to much less than GH¢8. 80…we will not boost transport fares yet anything less compared to GH¢8. 80, all of us will definitely arrive up with brand new fares”.
“We are usually awaiting the decrease, when it is less compared to GH¢8. 80, all of us have no trigger to increase costs when it will be not that, we have been ready to arrange and come upward with new costs today. ” The particular GPRTU man informed Sunrise host Alfred Ocansey that “we are in a good economic era therefore it’s not our own fault”.
Prices gas stations
Sunrise inspections by its Co-producer, Samuel Owusu Afriyie, at the period of filing this particular story on Fri morning around eight: 30am indicated these prices at the particular various fuel channels:
COMPLETE
Diesel …GH¢10. 39
Super/petrol . GH¢9. 55
This particular means prices possess not been transformed.
GOIL
Diesel…GH¢10.40
Super/petrol…GH¢9. 60
COVERING
Diesel changed…GH¢10. 69 to GH¢10. 49
Super/diesel …GH¢9. seventy to GH¢9. 40