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Gov’t considers restoring 20% VAT exemption on locally assembled vehicles

The government is considering reinstating the Value Added Tax (VAT) exemption on locally assembled vehicles following concerns from industry players that the removal of the incentive has negatively affected vehicle production, reduced competitiveness, and threatened investments in Ghana’s growing automotive sector.

Gov’t considers restoring 20% VAT exemption on locally assembled vehicles

Ghana’s non-traditional exports exceed $5bn mark

Ghana’s non-traditional export (NTE) sector has achieved a historic milestone, surpassing the US$5 billion mark for the first time and recording nearly 30 per cent growth compared to the previous year, according to the Ghana Export Promotion Authority (GEPA).

Ghana’s non-traditional exports exceed $5bn mark
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