Dr. Mahamudu Bawumia Promises Tax Reforms if Elected President

Regulations by 2FIRSTS.ai
Aug.19.2024
Dr. Mahamudu Bawumia Promises Tax Reforms if Elected President
Ghana's NPP leader Dr. Bawumia pledges to scrap controversial e-cigarette and betting taxes if elected president in 2024.

According to a report by Myjoyonline on August 18, the leader of the New Patriotic Party (NPP) in the Republic of Ghana, Dr. Mahamudu Bawumia, stated that if elected president in the 2024 general elections, he would abolish the controversial e-cigarette and gambling taxes.


During the New Patriotic Party declaration meeting held on Sunday, October 18, Bawumia outlined his government's vision for comprehensive tax reform aimed at reducing the financial burden on the people of Ghana.


We will accelerate Ghana's transformation into the digital hub of Africa through strategic policies, incentive measures, and investments. This includes investing in local talent and technology startups, while also abolishing the e-cigarette tax.


If he wins in the upcoming 2024 election, Bawumia also promises to establish a more business-friendly environment.


Bawumia also outlined his government's comprehensive tax policy, which is specifically designed to accelerate business growth and drive national economic development.


Bawumia has been serving as the Vice President of Ghana since 2017, primarily responsible for formulating government policies and guiding their implementation.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Malaysia to Ban Vaping Nationwide in Phases, Starting with “Open-System” Devices
Malaysia to Ban Vaping Nationwide in Phases, Starting with “Open-System” Devices
Malaysia will roll out a phased nationwide vape ban, beginning with reusable “open-system” devices that can be manually refilled, before expanding to all vape products. The government is finalising a Cabinet paper and reviewing current controls. Public health groups back the move, while industry bodies warn a blanket ban could drive the trade underground. The vape market has grown rapidly, and cross-border links with Singapore—where enforcement has intensified—are drawing scrutiny.
Sep.12 by 2FIRSTS.ai
German tobacco industry leaders gathered at InterTabac to criticize the EU tax reform proposal: high taxes will kill the nicotine pouch industry and hurt fiscal revenue
German tobacco industry leaders gathered at InterTabac to criticize the EU tax reform proposal: high taxes will kill the nicotine pouch industry and hurt fiscal revenue
At the InterTabac opening press conference, German tobacco industry leaders criticized the EU’s proposed tax reform, warning that steep hikes could devastate the nicotine pouch sector, reduce excise revenue, and fuel illicit trade. They called on German policymakers to oppose the changes at the European level.
Sep.19
Police Action: Two Shops in Derbyshire Town Sealed for Selling Illegal Tobacco and E-Cigarettes
Police Action: Two Shops in Derbyshire Town Sealed for Selling Illegal Tobacco and E-Cigarettes
Police in a small town in Derbyshire, England, seized a large amount of illegal tobacco and e-cigarettes and closed down illegal stores with a market value of thousands of pounds. Police urged the public to report illegal activities.
Sep.17 by 2FIRSTS.ai
Largest E-Cigarette Seizure in U.S. History: Over 600,000 Products Confiscated from Midwest Goods Warehouse; Company Denies Violations, Calls FDA “Unfair”
Largest E-Cigarette Seizure in U.S. History: Over 600,000 Products Confiscated from Midwest Goods Warehouse; Company Denies Violations, Calls FDA “Unfair”
The U.S. Department of Justice, together with the FDA and the U.S. Marshals Service, raided the warehouse of e-cigarette distributor Midwest Goods in Bensenville, Illinois, seizing more than 600,000 unauthorized e-cigarette products. Midwest Goods denied any violations, stating that the products had been submitted for premarket applications but remained unreviewed by the FDA for an extended period, and criticized the regulations as unfair to small and medium-sized businesses.
Sep.11 by 2FIRSTS.ai
Russia’s State Duma may table new vape bills; full ban proposal would prohibit manufacture, sale, and use
Russia’s State Duma may table new vape bills; full ban proposal would prohibit manufacture, sale, and use
Alexey Kurinny, deputy chair of the State Duma Committee on Health Protection, said a pending bill to fully ban vapes would outlaw their production, sale, and consumption if enacted. Speaker Vyacheslav Volodin earlier noted the Duma intends to consider a total sales ban on vapes and e-liquids within two months, with fines for public use. Kurinny added that at least two related bills have been under review for more than six months, and new initiatives are not ruled out.
Sep.08
Malaysia Seizes 300,000 Smuggled Vapes and Components, Suspected for Singapore Market, Labeled with “Salthub”
Malaysia Seizes 300,000 Smuggled Vapes and Components, Suspected for Singapore Market, Labeled with “Salthub”
Malaysian Customs in Port Klang seized about 300,000 smuggled e-cigarettes and components. The shipment, disguised as furniture and labeled "Salthub," lacked required health warnings. It was likely smuggled to Singapore by road. The UNODC has warned that Malaysia is a key transit point for drug and e-cigarette smuggling to Southeast Asia.
Sep.03 by 2FIRSTS.ai