Players in the tourism industry have bemoaned Ghana\u2019s high cost of operations, precisely high taxes, which according to them is affecting business activities.<\/p>\n
[contextly_sidebar id=”NoytXUlzjMOjy3EM63oC6E5M6ERuYHf7″]Some business owners who have been speaking to Citi Business News<\/strong> say the high tax regime has contributed to a stunted growth in their respective businesses.<\/p>\n They further contend that the development has caused their profit margins to dwindle since the hotel industry for instance is no more lucrative.<\/p>\n The Chief Executive Officer of online hotel booking website- Jumia Travel, Paul Midy in an interview with Citi Business News<\/strong> was confident a tax cut or waiver will significantly facilitate the growth of\u00a0the industry and enhance better services to customers.<\/p>\n \u201cThe taxes are too high for a sector like the tourism industry. It should be lowered for the businesses because we are forced to charge high prices when providing services whether in a hotel or others in the tourism industry. So I think it is something that should be looked at,\u201d he stressed.<\/p>\n Meanwhile Paul Midy has also advocated increased investments to improve the infrastructure network of the tourism industry.<\/p>\n Like others in the industry, Mr. Midy believes Ghana\u2019s tourism sector seems to be losing out despite its huge potential on the African continent due to low investments by government.<\/p>\n He argues that the lack of investment such as better road infrastructure as well as good communication systems have compelled most foreign tourists to shy away from relative remote tour sites.<\/p>\n \u201cWe have a team which works on the ground and brings us feedback. Some of the things that tourists look out for are the quality of hotels; number of hotels and the issues of accessibility\u2026the number of tourists keep on growing and Ghana could envision of Europeans coming into the country for instance. So Ghana needs to keep on working to improve access,\u201d he asserted.<\/p>\n –<\/p>\n By: Jessica Ayorkor Aryee\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":" Players in the tourism industry have bemoaned Ghana\u2019s high cost of operations, precisely high taxes, which according to them is affecting business activities. [contextly_sidebar id=”NoytXUlzjMOjy3EM63oC6E5M6ERuYHf7″]Some business owners who have been speaking to Citi Business News say the high tax regime has contributed to a stunted growth in their respective businesses. They further contend that the […]<\/p>\n","protected":false},"author":14,"featured_media":229355,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[32,171,11],"tags":[],"class_list":["post-229354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-local-economy","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/229354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=229354"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/229354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/229355"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=229354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=229354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=229354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}