News
Mahama assents to Acts abolishing e-levy, betting tax and others
President John Dramani Mahama has fulfilled a key campaign promise by assenting to a set of acts that abolish the betting tax, e-Levy, and emissions tax, among others.
The signing, which has just been completed, in his office marks a major step in his administration’s efforts to reduce the financial burden on Ghanaians and drive economic growth.
The removal of these taxes was a central promise in the NDC’s manifesto aimed at easing the cost of living and encouraging business expansion.
Parliament on Wednesday, March 26, passed a bill to abolish the controversial Electronic Transfer Levy (E-Levy).
The repeal of the E-Levy has been widely welcomed by Ghanaians, who strongly opposed the tax.
The levy, which was introduced in 2022 by the previous New Patriotic Party administration, imposed a 1.5% tax on electronic transactions, including mobile money transfers, bank transfers, and online payments.
Since its introduction, there have been protests and public outcry, with critics arguing that it disproportionately affected low-income earners and the unbanked population.
Source: Myjoyonline.com
News
Government, GoldFields,reach agreement on Damang Mine
The Government of Ghana and Goldfields Ghana Limited have reached an amicable agreement on a transitional plan for the Damang Mine.
The operational modalities of the transition involve issuing a new 12-month mining lease to Goldfields’ subsidiary, Abosso Goldfields Limited, pending parliamentary ratification in
May 2025.
Under the new arrangement, Goldfields will resume open-pit mining during the transition period, safeguarding jobs and conducting feasibility studies to establish Damang’s reserves and mine life.
At the same time, the processing of existing stockpiles will continue under the supervision of a joint management team composed of representatives from the Government of Ghana
and Goldfields. The two parties will work in good faith to secure a successful transition and eventual transfer of a viable mine to Ghanaian ownership.
Both parties have agreed to advance discussions in good faith on the renewal of the lease for the Tarkwa mine, due in 2027, and pledged to work together to enhance Ghana’s
potential in the mining sector as a favourable investment destination,
News
Ophelia Crossland appointed as new Creative Director of Nineteen57
In an exciting turn for Ghana’s fashion industry, celebrated designer Ophelia Crossland has officially assumed leadership of Nineteen57, the iconic menswear brand founded by her husband, Kofi Okyere-Darko (KOD).
This transition follows KOD’s recent appointment as Director of Diaspora Affairs at the Office of the President—a prestigious national role that reflects his continued service to Ghana on a global scale.
With this new chapter in public service, the reins of Nineteen57 have now passed to Ophelia Crossland, who will take on both the day-to-day operations and creative direction of the brand.
Ophelia Crossland, the CEO and founder of her eponymous womenswear label, brings over a decade of experience in luxury fashion.
Known for her keen eye for detail and mastery in haute couture, her leadership is expected to usher in a new era for Nineteen57—one that blends timeless African sophistication with modern sensibilities for the stylish gentleman.
“Nineteen57 has always stood for bold sophistication and African excellence,” said Ophelia Crossland. I’m excited to build on that legacy and explore new creative horizons with the team,” she said.
The transition marks a defining moment for the fashion power couple—Ophelia taking the creative lead in fashion innovation while KOD serves the nation in his new diplomatic role.
Together, they continue to elevate Ghana’s presence across fashion and governance.
