Audio By Carbonatix
Government is now looking at implementing the windfall tax on the profits of mining firms in the 2013 budget.
The tax was expected to take effect by this month after plans to introduce it was put on hold last year - to receive some inputs and concerns from the mining firms.
Joy Business has however learnt that government now wants to add it to other taxes it plans to introduce in this year’s budget.
The windfall tax appears to be government’s attempt to cream off, some of the profits mining firms are enjoying from the high gold prices.
But the firms say the delay is creating some uncertainty and badly affecting their planning activities.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Anticipation builds ahead of 2026 Hitz FM ‘Rep Ur Jersey’
1 minute -
CEO Summit: Deloitte Ghana urges government to turn policies into real jobs
9 minutes -
Photos: First batch of Ghanaians fleeing xenophobic attacks in South Africa arrive in Ghana
18 minutes -
Xenophobic attacks: Over 400 Ghanaians expected back home this weekend – Benjamin Quashie
19 minutes -
CEO Summit: Togbe Afede calls for bold leadership to sustain Ghana’s economic recovery
29 minutes -
Black Stars: I won’t be upset if I don’t start – Benjamin Asare
34 minutes -
Senior Ghanaian miners in South Africa seek evacuation amid rising xenophobic tensions — High Commissioner
34 minutes -
Zoomlion rejects Auditor-General’s allegations over African Games cleaning contracts
35 minutes -
Claims that only 10 Ghanaian evacuees are legal migrants in South Africa are false — Benjamin Quashie
36 minutes -
AG sues JA Plant Pool, Siaw Agyepong over alleged $2m DRIP overpayment
1 hour -
FDI inflows hit US$2.61bn in 2025 – GIPC
2 hours -
Sixteen pupils killed in Kenya school fire
3 hours -
Ghana’s tax gap: New levies loom in mid-year budget
3 hours -
Ashanti region: Mining pit collapse kills 4 illegal miners at Bepotenten Sukuumu
3 hours -
Asanko Scholarship Programme supports 31 students in the Amansie West and South districts
3 hours