{"id":102448,"date":"2023-09-24T10:38:16","date_gmt":"2023-09-24T10:38:16","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/"},"modified":"2023-09-24T10:38:16","modified_gmt":"2023-09-24T10:38:16","slug":"its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/","title":{"rendered":"It&#8217;s difficult doing business in Ghana, 21.9% tax on hospitality businesses harsh &#8211; D-Black"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/09\/191679184_319226089814645_1727194537611451720_n-1-1024x819.jpg\" \/><\/p>\n<p>D-Black (Credit: Instagram &#8211; @dblackgh. Photo taken by @covenantstudios.)<\/p>\n<div id=\"article-text\">\n<p>Musician and businessman Desmond Kwesi Blackmore, well-known as D-Black, says the harsh economic conditions are making doing business in Ghana very unattractive.<\/p>\n<p>According to him, the ever-rising taxes coupled with the volatile exchange rate are adversely affecting all his businesses, which span from music to the hospitality industry.<\/p>\n<p>Speaking to Amelley Djosu on Joy Prime\u2019s <strong>Celeb Biz <\/strong>Saturday, the businessman said the unfavourable conditions are drowning his profit margins, which is a huge disincentive for innovation and creativity.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p><div class=\"youtube-embed\" data-video_id=\"sU08X-tOLHc\"><iframe loading=\"lazy\" title=\"Celeb Biz with D-Black: 12 businesses established by mogul in 13 years (23-09-2023)\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/sU08X-tOLHc?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/figure>\n<p>\u201cIt\u2019s difficult [doing business in Ghana]. The hospitality business is now taxed at 21.9 percent by the GRA. If you\u2019re making GHS1,000, GHS219 is for the government. They just audited us. So you have to make sure your books are proper. It\u2019s difficult. Taxes go up every other year. We don\u2019t have proper structures in place as musicians to collect royalties. It\u2019s difficult in all the areas that I\u2019m in. You have to be blessed and very hardworking to be able to manoeuvre yourself and remain in business in such conditions,\u201d he explained.<\/p>\n<p>D-Black\u2019s comments come in the wake of a massive protest in Ghana, #OccupyJulorbiHouse, in which a number of celebrities participated, including himself.<\/p>\n<p>He believes the current government has lost touch with reality and appears adamant about addressing the numerous challenges plaguing citizens and their livelihoods.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p><div class=\"youtube-embed\" data-video_id=\"6EQZ0CbhxaM\"><iframe loading=\"lazy\" title=\"Government must pay attention to issues plaguing creative arts industry - D-Black\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/6EQZ0CbhxaM?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/figure>\n<p>The three-day demonstration was aimed at demanding the President and his Economic Management Team to #FixTheCountry in light of what the protestors described as a heightened level of economic mismanagement and theft that has engulfed the government.<\/p>\n<p>Mr. Blackmore indicated that he cannot endorse politicians but can make his voice heard on issues affecting the ordinary Ghanaian and businesses struggling to stay afloat.<\/p>\n<p>The \u2018Enjoyment Minister\u2019 is not flirting with the idea of entering politics. He says it will take a lot for him to be convinced to enter mainstream politics. All he wants is the best for Ghana.<\/p>\n<p><strong>DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>D-Black (Credit: Instagram &#8211; @dblackgh. Photo taken by @covenantstudios.) Musician and businessman Desmond Kwesi Blackmore, well-known as D-Black, says the harsh economic conditions are making doing business in Ghana very unattractive. According to him, the ever-rising taxes coupled with the volatile exchange rate are adversely affecting all his businesses, which span from music to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":102449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-102448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>It&#039;s difficult doing business in Ghana, 21.9% tax on hospitality businesses harsh - D-Black - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It&#039;s difficult doing business in Ghana, 21.9% tax on hospitality businesses harsh - D-Black - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"D-Black (Credit: Instagram &#8211; @dblackgh. Photo taken by @covenantstudios.) Musician and businessman Desmond Kwesi Blackmore, well-known as D-Black, says the harsh economic conditions are making doing business in Ghana very unattractive. According to him, the ever-rising taxes coupled with the volatile exchange rate are adversely affecting all his businesses, which span from music to the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-24T10:38:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/09\/191679184_319226089814645_1727194537611451720_n-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"864\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/\",\"name\":\"It's difficult doing business in Ghana, 21.9% tax on hospitality businesses harsh - D-Black - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/09\/191679184_319226089814645_1727194537611451720_n-1.jpg\",\"datePublished\":\"2023-09-24T10:38:16+00:00\",\"dateModified\":\"2023-09-24T10:38:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/#primaryimage\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/09\/191679184_319226089814645_1727194537611451720_n-1.jpg\",\"contentUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/09\/191679184_319226089814645_1727194537611451720_n-1.jpg\",\"width\":1080,\"height\":864},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/09\/24\/its-difficult-doing-business-in-ghana-21-9-tax-on-hospitality-businesses-harsh-d-black\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ghanamma.com\/2023\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"It&#8217;s difficult doing business in Ghana, 21.9% tax on hospitality businesses harsh &#8211; 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