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
-
Man Utd angry as Morocco rejected Mazraoui request
15 minutes -
‘I started smoking at 13, battled addictions for 27 years’ – Tonto Dike
26 minutes -
Afrobeats still baby genre – Don Jazzy
38 minutes -
‘That conversation must stay in the party’ – Bryan Acheampong dodges $1,500 claim
53 minutes -
Greater Accra Regional Minister presents streetlights to MMDAs Â
1 hour -
How gold saved the cedi in 2025
2 hours -
A celebration of homegrown talent: Lagos meets Accra with cross-border fashion pop-up
2 hours -
Prudential Bank empowers merchant partners with POS training in Accra and Kumasi
2 hours -
There’s a challenge in our party, and we need a bold leader to win power for us – Bryan Acheampong
2 hours -
Asantehene is a national asset – Mahama commends Otumfuo’s role in Bawku peace process
3 hours -
PruRide Accra champions health, youth empowerment and sustainability through cycling
3 hours -
Ghana set for a dazzling Christmas 2025
3 hours -
Dr. Bawumia is the overwhelming favourite in NPP primaries with 69.7% lead – new survey
3 hours -
Jospong Group donates towards Zoomlion Central Mosque completion
3 hours -
NPP delegates rate Dr. Bawumia as the candidate with the strongest leadership qualities – survey
3 hours