The Majority Caucus in Parliament has accused the erstwhile Mahama administration of illegally granting tax exemption to cement manufacturing firm Dzata Cement.
The Caucus alleged that former President John Dramani Mahama, through executive authorization, designated some firms which includes Dzata cement as strategic investors and offered them tax waivers without recourse to Parliamentary approval.
Speaking to journalists in Accra on Thursday, May 30, the Majority Leader, Alexander Afenyo-Markin urged the Minority Caucus to support the government’s quest to industrialise the economy by offering tax exemptions to companies under the One District, One Factory policy.
“Dzata Cement was a company that benefitted from this unconstitutional and illegal tax incentives but we all know that by the imperative of the [1992] Constitution, it is only Parliament that can impose tax or waive taxation but some actions of the executive under certain rule of necessity, Dzata Cement was granted a tax waiver and we did not complain because we were told that Dzata Cement was a strategic investor.”
NAIMOS has intensified its fight against illegal mining at some parts of the Ahafo Region,… Read More
Former Finance Minister Ken Ofori-Atta is scheduled to appear before a court in the United… Read More
The Deputy Chief Executive Officer of the Gaming Commission of Ghana, Lamtiig Apanga, has advised… Read More
Renowned Ghanaian gospel music pioneer and founder of the Asomafo gospel ensemble, Yaw Sarpong, has… Read More
Former Forestry Commission official Charles Owusu has lauded former President John Mahama for demonstrating humility… Read More
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has attributed the recent decline in… Read More