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Looming Fiscal Risk Threatens Ghana s Recovery | Global Finance Magazine

Looming Fiscal Risk Threatens Ghana s Recovery | Global Finance Magazine
gfmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gfmag.com Daily Mail and Mail on Sunday newspapers.

Uber and Bolt drivers hit the streets to protest over poor fares

According to them, the companies have contributed to their reduced sales by reducing trip fares for customers. The group noted that their daily sales were taking a massive hit due to the recent hike in fuel prices in the country. Marching through the streets of Kumasi, some of the drivers held placards with various inscriptions to express their displeasure. They threatened to continue the strike until their concerns are duly addressed by the ride-hailing companies. The government announced a number of taxes to be imposed on Ghanaians during the reading of the 2021 budget. These taxes include a COVID-19 Health Levy; 1% increase in National Health Insurance Levy and 1% increase in flat VAT rate.

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