Govt gives Kantanka Automobile 10 years tax holiday

Kantanka Automobile 10 years tax holiday | Airnewsonline

Government of Ghana has given local vehicle manufacturer Kantanka Automobile ten years tax holiday.

This means that the Ghana Revenue Service in the next 10 years will not collect any tax from the Kantanka Group of Companies.

And also duty free when they import the materials for assembling and manufacturing purposes.

This is a pragmatic approach to ensure the flourish of the indigenous car manufacturer.

Good move and great initiative, government!

We hope to see The Kantanka brand flourish.

Government has done its part but it could also buy Kantanka cars only for all its operations.

However, we expect Kantanka cars to be as cheap as ‘konkonte’ from now on.

It was announced by the CEO of Kantanka Group of Companies Nana Kwadjo Safo Ankofena Jnr at the end of year party and awards ceremony held at his residence in Kwabenya on 6th January 2019.

Well done President Nana Addo Dankwa  Akufo-Addo!

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