General News
Current system not effective enough to mobilise more revenue – Gyan-Quansah

A Tax Partner at the Pricewaterhouse Coopers (PwC), Abeiku Gyan-Quansah says the current economic system in the country is not effective to mobilise more revenue.
According to him, even though there is general recognition of the need to raise more revenue, prevailing circumstances do not provide the right opportunity to mobilise projected revenues as stated in the 2023 budget.
Government says it is projecting its total revenues and grants for 2023 at ₵144billion.
But speaking on JoyNews’ PM Express Business Edition, Mr. Gyan-Quansah said this projected revenue is unattainable.
“Speaking to some of my clients and based on other views, we recognised that there is the need to raise more revenue but the current system that we have is not effective enough to mobilise more revenues.”
Mr Gyan-Quansah made some recommendations to the government which will help revive the current economy.
“What we are recommending the government to do is that, as part of this budget, there is the Post Covid-19 Recovery program. If we are going to be in the Covid-19 Recovery program then what are we still doing with the Covid-19 levy? So it should be taken out.
“If the Covid-19 levy is taken out, then we now have the health levy, education levy, and the proposed 2.5%. Consolidate all of it into the VAT which will give you a total standard rate of 20% instead of 21%.
“Then allow businesses to take their full recovery of the 20%,” he said.
He added that doing this will help government to avoid the situation where people get unnecessarily aggressive because they cannot deal with the 21% VAT.
Source: myjoyonline
General News
Menzgold: NAM1 enters a not guilty plea to allegations of money laundering, fraud, and other offences

Nana Appiah Mensah, the former CEO of Menzgold, also known as NAM 1, has pleaded not guilty to all 39 charges of wrongdoing.
Nana Appiah Mensah, widely known as NAM 1, was charged with 39 counts of crimes, including money laundering abetment, deceiving by false pretences, carrying out deposit-taking without the required licence, unlawful deposit-taking, and money laundering.
This is a decrease from the 61 counts originally filed against him.
In 2019, the Attorney General launched an inquiry on NAM 1, accusing him of scamming hundreds of clients out of millions of Ghana cedis through his gold dealership enterprise.
The case was adjourned numerous times until new charges were brought on August 30, 2023.
Mr Appiah Mensah stated plans to unfreeze locked up cash of Menzgold clients in exchange for 650 for verification.
Following that, he altered his intention to force former clients to obtain a verification access card in order to authenticate transactions and confirm claims, despite substantial public and consumer outcry.
Source: myjoyonline.com
General News
Limited Voter Registration: Two people detained for attempting to register twice

Two people were detained in Asokore Mampong Municipality for allegedly attempting to double register in the current Limited Voters’ Registration Exercise.
According to Municipal EC official Angela Afriyie Osei, the two suspects were apprehended after being validated as people existing in the Electoral Commission’s database.
As a challenge to the procedure, Madam Angela Afriyie mentions duplicate registration and efforts to register minors.
“The challenge we have been facing is about the double registration. At times when applicants come and we interrogate them, they insist he or she hasn’t registered before but when they go to the biometric column then it will come out that the person has registered.
“At the moment, we’ve handed two to the police. On male and a female. Another issue is also with the registration of minors,” she indicated.
Meanwhile, some party operatives are pleased with the outcome thus far.
“So far, we are satisfied with the entire process except some few challenges but that aside, we are very much comfortable with the process. All in all, everything is great,” an agent told JoyNews.
General News
Black Sherif prophesy: Prophet Nigel Gaisie makes u-turn

Nigel Gaisie, the founder and head of the Prophetic Hill Chapel, has stunned Ghanaians by backtracking on his prophecy regarding artist Black Sherif.
Prophet Gaisie had a vision in which he witnessed the mother of musical sensation Black Sherif sobbing excessively in a post on his official Facebook page.
As a result, he pushed the musician to seek safety before December, implying his impending death.
However, in a recent interview, Prophet Gaisie clarified that the prophecy is for a particular Sherif Black and not the Konongo-based performer.
“We see in bits and pieces, and what I saw in the spiritual realm is Sherif Black, but any logical person can make projections and deductions from it.” If I hear a prophecy about Ako and my name is Akosua, I will definitely act on it,” he said in parables.
Regardless, the man of God exhorted those who were convinced of the prophecy to fast and pray in order to avoid death.
Prophet Gaisie, who dismissed charges that his doom prophecies concerning celebrities are only for fame, stated that he will quit making them public in order to prevent insults and derision.
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