• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Friday, March 31, 2023
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

South Africa govt urges MTN, GRA to resolve tax liability dispute amicably

Citi NewsroombyCiti Newsroom
January 27, 2023
Reading Time: 1 min read
ShareShareShareShare

The South African Minister of International Relations and Cooperation, Dr. Naledi Pandor is encouraging MTN to work closely with the authorities in Ghana to devise a solution to the existing tax liability dispute.

The Minister in a statement regretted the impact the dispute has had.

“These unfavourable conditions have led to disinvestment in some African markets by major South African companies such as Shoprite, Game, Mr. Price, Foschini, Woolworths, Tiger Brands, Sasol- Chemicals, Sasol-Gas, Group Five, Murray and Roberts, Metrolife Group, Telkom, Southern Sun, Protea Group, to name but a few.”

“The disinvestment has had a devastating impact on employment opportunities, poverty and inequalities in particular, and GDP growth in general.  The Minister called on the parties involved to do everything possible to find an amicable solution to these reported challenges.”

“Our common destiny as outlined in the Agenda 2063 aspirations depends on win-win intra-African collaboration and cooperation. The South African government is committed to promoting increased South African investment in Ghana in particular and the continent in general,” the Minister added.

The Minister has previously held meetings with Chief Executive Officers of South African companies invested in and operating on the African continent.

“They have reported an increasing number of difficulties ranging from unfavourable market conditions and inconsistent regulatory frameworks, inconsistent tax regimes, repatriation of funds, and delays in loan repayments. Of major concern is that competitors of South African companies from other parts of the world do not appear to be subjected to the challenges that South African companies are subjected to.”

 

ShareTweetSendSend
Previous Post

Govt reaches agreement with GSIA on Debt Exchange programme

Next Post

Kumasi: One arrested for murder as police restore calm over violent disturbances

Related Posts

News

64 vehicles impounded in Ashanti Region

March 31, 2023
Top Stories

We’ve not harassed Kennedy Agyapong – GRA

March 14, 2023
Opinion

Patrick Paintsil writes: GRA’s back tax conundrum and its impact on foreign direct investments 

February 27, 2023
News

Ghanaian citizen petitions Special Prosecutor over GRA Boss’ stay in office

February 23, 2023
Top Stories

GRA, SML collaboration saves Ghana GH¢3bn

February 20, 2023
Top Stories

Contract extension to GRA boss creating tension – Gyampo writes to Akufo-Addo

February 9, 2023
Next Post

Kumasi: One arrested for murder as police restore calm over violent disturbances

TOP STORIES

Ricketts-Hagan reiterates Minority’s decision to vote against new tax bills

March 31, 2023

We’re not introducing GH¢500 coin; ignore contrary claims – BoG

March 31, 2023

We’ll force govt to cut down on frivolous expenditures, taxes – Ricketts-Hagan

March 31, 2023
Load More
ADVERTISEMENT
Citinewsroom – Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2021 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos

© 2021 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT