Audio By Carbonatix
The Ghana Mines Workers Union has joined calls for the review of all extractives tax regimes in the 2023 budget to ensure Ghana derives adequate benefits from the sector.
According to its General Secretary, Abdul Moomin-Gbana, based on the current economic situation of the country, it is imperative for the introduction of new tax regimes to boost the sector’s revenue contribution to the economy.
Speaking to Joy Business ahead of the 2023 budget on Thursday, November, 24, Abdul Moomin-Gbana said this is the time the mining companies must contribute their quota to supporting the growth of the economy.
“We need to be a bit more patriotic at this point. The extractive sector particularly the mining sector is a major contributor to the economy of this country, but we have gotten to a stage where we need them to show a lot more faith given how the growth price has fared.”
He added that at the moment the concern is how to bring the economy back on its feet.
“The expectation is that we must all be seen supporting the growth of the economy”, Mr. Moomin-Gbana said.
Latest Stories
-
Parliament submits five bills to President Mahama for assent
4 minutes -
Otto Addo lacked credentials for Black Stars job – Ekow Asmah
10 minutes -
74% of SMEs collapse within 5 years; experts call for urgent business structuring reforms
10 minutes -
Agbodza commends Maripoma Enterprise for progress on Tema Motorway project
12 minutes -
Justice Dela Amevor leads PTA to deliver new girls’ dormitory at Anlo Technical Institute
12 minutes -
Ga Mantse urges strict enforcement of building regulations after Accra New Town tragedy
14 minutes -
Germany commissions border Sheds to boost Ghana’s immigration operations at Aflao
20 minutes -
Sam Jonah’s concerns fuel IMANI’s petition to Mahama over political interference in insurance sector
20 minutes -
Absa SME Business Clinic equips entrepreneurs with practical financial management strategies
33 minutes -
Franklin Cudjoe hails ‘productive’ civil society meeting with Mahama; backs inquiry into ‘Big Push’ procurement
35 minutes -
Telecel Foundation supports safer pregnancies with ultrasound outreach in Naaha
1 hour -
AU’s 10-year reparations agenda is essential to address historic injustices – Spio-Garbrah
2 hours -
Ghana can’t remain vulnerable to global economic disruptions— Dr Tutu-Boahene
2 hours -
‘No nepotism’ – Former NSA Board Chairman demands world-class coach after Otto Addo exit
2 hours -
Volta Region seen as top choice for luxury weekend breaks — V. L. K. Djokoto
2 hours
